Assessing Business Continuity RisksEnsuring an organization’s ability to continue despite a disruption is one of the many challenges facing business leaders today. Whether the threat to operations is natural or manmade, accidental or intentional, the goal of business continuity planning is to protect the organization from unforeseen emergencies and other circumstances. Risks to business continuity can generally be classified as natural, manmade, or biological. In some cases,disasters such as fi res or floods can be either natural or manmade, but response is similar in either situation:Environmental Disasters Environmental disasters come in many forms, from extreme weather conditions as in hurricanes, tornadoes, or blizzards, or from other causes such as floods, earthquakes, fi res, volcanic eruptions, toxic gas releases, chemical spills, and so on. For some environmental disasters, such as volcanic eruptions and floods, there is usually some advance warning, such as rising water levels in a river or gradually increasing volcanic activity. In these cases, businesses are able to take precautionary steps to secure people, data, and physical assets. At other times, natural disasters are unexpected, such as a major earthquake or toxic gas release. At those times, people must react instantly to save lives and business assets; the best way to do this is with a pre-established plan for people to follow so they don’t have to make decisions under stressful conditions.
Assessing Business Continuity Risks<br>Ensuring an organization’s ability to continue despite a disruption is one of the many challenges facing business leaders today. Whether the threat to operations is natural or manmade, accidental or intentional, the goal of business continuity planning is to protect the organization from unforeseen emergencies and other circumstances. Risks to business continuity can generally be classified as natural, manmade, or biological. In some cases,<br>disasters such as fi res or floods can be either natural or manmade, but response is similar in either situation:<br><br>Environmental Disasters <br>Environmental disasters come in many forms, from extreme weather conditions as in hurricanes, tornadoes, or blizzards, or from other causes such as floods, earthquakes, fi res, volcanic eruptions, toxic gas releases, chemical spills, and so on. For some environmental disasters, such as volcanic eruptions and floods, there is usually some advance warning, such as rising water levels in a river or gradually increasing volcanic activity. In these cases, businesses are able to take precautionary steps to secure people, data, and physical assets. At other times, natural disasters are unexpected, such as a major earthquake or toxic gas release. At those times, people must react instantly to save lives and business assets; the best way to do this is with a pre-established plan for people to follow so they don’t have to make decisions under stressful conditions.
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