What is Business continuity?
Business continuity Definition: Actions, processes, and tools for ensuring an organization can continue critical operations during a contingency.
Understanding Business continuity
Actions, processes, and tools for ensuring an organization can continue critical operations during a contingency. Business continuity encompasses planning, preparation, and capabilities that enable organizations to maintain essential functions during and after significant disruptions. It focuses on resilience, alternative processes, and recovery of business functions. BC is required by standards like ISO 22301, ISO 27001, and regulations like HIPAA and financial industry requirements. Organizations implement BC through business impact analysis, continuity strategies, incident response plans, and regular testing and exercises. For example, a manufacturing company might implement alternative production facilities and supply chain contingencies to maintain operations during a natural disaster affecting their primary facility. Related terms: Disaster recovery, Business impact analysis, Maximum tolerable downtime, Recovery point objective, Continuity of operations plan.