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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. They should pick a standard and try to align with it, but it probably shouldn’t be FFIEC.

BCM 74
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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

Business continuity is not a project with a finite end; it’s an ongoing process. The organizations that do it right have best-in-class ongoing programs to maintain and continuously improve their plans. The dynamic nature of risks requires constant adaptation to maintain the effectiveness of business continuity plans.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

An added benefit to a more resilient organization will be lower insurance rates These are just a few examples. Insurance companies assess risks to determine the insurance premiums they will charge. Investment firms assess risks to determine where and how to invest their client's money. manufacturing facilities).

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Client or customer demands – depending on the type of services an organization provides to its clients, it may be mandated to implement business continuity and IT disaster recovery plans. Business insurance needs – some business interruption policies are requiring organizations to implement business continuity programs.