Business continuity: What is it?
The capacity of a company to carry out essential business operations both during and after a crisis is known as business continuity. In order to prevent disruptions to mission-critical services and promptly and easily restore full day-to-day operations to the company, business continuity planning sets up risk management policies and procedures.
Read More: Business Continuity and Disaster Recovery(BCDR) Vaughan
During a crisis, maintaining core activities and recovering with little downtime are the most fundamental requirements for company continuity. A business continuity plan is a structure that takes into account unforeseen circumstances and possible risks, including supply chain interruptions, cyberattacks, disease outbreaks, pandemics, natural catastrophes, and fires.
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