Key Takeaways
- Business Impact Analysis ranks functions by criticality and maximum tolerable downtime.
- Technology recovery uses RTO (restoration speed) and RPO (acceptable data loss) to set backup requirements.
- Build resilience daily: redundancy in people and systems, current documentation, financial reserves, and backup vendor relationships.
- Test continuity plans annually through tabletop exercises and semi-annually through live recovery tests.
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Test Your Knowledge
1.What is operational risk?
2.What is a risk register?
3.What is the Recovery Time Objective (RTO)?