Similar to Regulation SCI, the Financial Industry Regulatory Authority requires members to establish and maintain business continuity plans that address, at minimum, data back-up and recovery; operational assessments; critical business, constituent, and counterparty impacts; and customer access to funds and securities in the event of a significant disruption.
Having all the IP archived and searchable enables companies to maintain business continuity.
Measures such as the existence of a Chief Information Officer, maintaining a business continuity plan or being certified PCI compliant are not in the scope of the CSC.
A CCP shall establish, implement and maintain an adequate business continuity policy and disaster recovery plan aiming at ensuring the preservation of its functions, the timely recovery of operations and the fulfilment of the CCP's obligations.
2. A trade repository shall establish, implement and maintain an adequate business continuity policy and disaster recovery plan aiming at ensuring the maintenance of its functions, the timely recovery of operations and the fulfilment of the trade repository's obligations.
So this year, the most important resolution any corporate executive can make is to develop, maintain and test its own business continuity program, or "BCP". A well-designed BCP will enhance internal credibility (with employees) and external credibility and goodwill (with regulators, stockholders, customers, suppliers and the community at large).
This advice reflects the need to maintain, as far as possible, business continuity and near normal functioning of society, but acknowledges that some data exist about the transmission of influenza on board public transport, notably commercial airliners [ 2].
Business continuity is maintained through access to real-time data, followed by rapid dissemination of data-driven supply chain fixes.
Juniper Networks, a provider of networking technology based in California, created a "Euro Zone Crisis Assessment and Contingency Plan," which company officials liken to the kind of business continuity plans they maintain in the event of an earthquake.
Older employees are often key to maintaining continuity, business relationships, and customer service.
Utilities in Pennsylvania must maintain physical and cybersecurity, emergency response and business continuity plans, and report cyberattacks that cause severe damages.
