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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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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. Once you know your critical functions you should also conduct a risk assessment and then a business impact analysis that allows you to properly assess situations that could negatively impact your business.