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An Introduction to FFIEC: BCM’s Gold Standard

MHA Consulting

Collectively, these guidelines make up the FFIEC Business Continuity standard, whose purpose is to make sure the banks and other financial institutions that are required to follow it can continue to operate even if they are hit with a disruption. For this reason, it is often referred to as the Gold Standard of BCM standards.

BCM 74
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Herrera Unplugged: How to Hamstring Your BC Consultant

MHA Consulting

Tell the managers that business continuity is a well-established discipline that uses a proven, recognized methodology to cushion the organization against negative events. Explain that BC concerns itself with three main areas: protecting business processes, protecting IT processes, and crisis management.

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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Tailoring business continuity plans to the scale and needs of small businesses ensures effective preparedness without breaking the bank. Businesses can embrace business continuity without breaking the bank. Training, testing and exercises are essential components of business continuity, disaster recovery and crisis management programs.

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Why resilience is not the saviour of Business Continuity

Plan B Consulting

For example, in the public sector, Scotland Emergency Planning Units have renamed themselves as ‘Resilience’ and I have seen a number of resilience roles within the banking sector. This stops risks being managed in silos and mitigation measures in one area potentially increasing risk in another.

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Why resilience is not the saviour of Business Continuity

Plan B Consulting

For example, in the public sector, Scotland Emergency Planning Units have renamed themselves as ‘Resilience’ and I have seen a number of resilience roles within the banking sector. This stops risks being managed in silos and mitigation measures in one area potentially increasing risk in another.