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Lab 8 Information Systems

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1.The creation of a strategy through the recognition of threats and risks facing a company, with an eye to ensure that personnel and assets are protected and able to function in the event of a disaster. Business continuity planning (BCP) involves defining potential risks, determining how those risks will affect operations, implementing safeguards and procedures designed to mitigate those risks, testing those procedures to ensure that they work, and periodically reviewing the process to make sure that it is up to date.

2.When a business continuity plan is correctly used it can help reduce operational risks. Operational risk is the risk of loss experienced from internal processes as a result of external events. These internal processes could have failed completely or simply been inadequate. This does include calculating the legal risk as well but does not take into account business risk that is based in strategy or reputation. Some examples of operational risk are losses arising because of internal or external frauds, natural disaster, failed transaction processing or inability to meet the commitment of service, and the disruption of business or system failures.

3.There are many different approaches to BCP and DRP. Some companies address these processes separately, whereas others focus on a continuous process that interweaves the plans. The National Institute of Standards and Technology

4.The degree of spread of Ebola in the months ahead is uncertain. In the unlikely event of a worst- case scenario, can your organization meet the issues and answer the questions that are sure to arise? The best preparation you can undertake is to formulate and practice a response plan. The best time to start is right now.

5. While governments, not-for-profit institutions, and non-governmental organizations also deliver critical services, private organizations must

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