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CodeBlue Discuss the Importance of Business Continuity

Wednesday 20 December 2017, 5:21PM

By Beckie Wright

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The right business continuity plan cannot guarantee a perfectly smooth path to success – but it can prepare you to navigate safely through challenges and roadblocks. New legislation introduced to parliament in 2017 requires that systemically important nancial market infrastructures (SIFMIs) must maintain a business continuity plan. While banks traditionally have reasonably developed plans, this legislation, along with underlying technology and environmental trends, means that it is important to revisit business continuity strategy.

The biggest of those trends is, of course, cloud. There are significant business continuity opportunities arising from cloud models, and while New Zealand organisations are sometimes conservative in this regard, adoption is increasing. Many customers have moved their entire infrastructure to private cloud, such as CodeBlue VPS, while others have increased consumption of cloud-based applications.

2016 and 2017 have been notable for the rise in cyber-crime. Around the world, organisations have been struck by attacks, increasingly in the form of ransomware that prevents access to systems. Your Business Continuity plan should include your recovery priorities in order to keep providing key products or services. It will make sure your people are ready to do whatever is needed to ensure your customers are taken care of. In addition, a BC plan typically makes sure you can work with suppliers and business partners to ful l and deliver orders without missing important commitments.

The two plans – disaster recovery and business continuity – not surprisingly interconnect. In a world where IT systems and applications play such a key business role, most well-prepared organisations turn to their trusted technology partner to help develop solid plans.

The BC plan is the document that guides your business through any disruption, be it natural disaster, cyber-crime, or road- workers digging through power cables. It will include a crisis management plan to guide senior management, along with a crisis communication plan for anyone dealing with public or media enquiries. This might include prepared statements and messaging.

For more information about IT companies in Auckland, IT services Auckland and IT companies Auckland please go to https://codeblue.co.nz .