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You will need Business Continuity Planning & Management when your organisation faces potential disruptions that could severely impact operations, such as natural disasters, cyber attacks, technology failures, or supply chain issues.
Complications may arise from interdependencies with third-party vendors, service providers, or infrastructure beyond your direct control, further increasing the need for a robust continuity plan that safeguards data and ensures continuous access to critical information.
It should provide a comprehensive framework to ensure continuous functioning by identifying critical services and their recovery timelines, mitigating interdependency risks, retaining control over critical operations, maintaining the ability to fulfil obligations during disruptions, and protecting vital data and information assets.