What’s New & Frightening In the World of Ransomware & Business Continuity Planning

Ransomware & Business Continuity PlanningBy Stephen McGrady
Principal

Those responsible for Business Continuity Planning (BCP)—i.e. having plans in place to keep a business running after disaster strikes—understand that the world really can be a dangerous place. Although hacking, malware and ransomware aren’t really “new” threats per se, they have certainly grown in frequency and impact.

As some recent high-profile situations have shown, terrible things can and do happen to organizations everywhere. Case in point: Disney was recently hit with a ransom demand by hackers who claimed to have stolen the latest “Pirates of the Caribbean” movie. A few weeks before that, hackers stole the latest season of “Orange is the New Black” from Netflix, and leaked episodes when the firm refused to meet their ransom demands. And then there’s the widely-publicized “WannaCry” ransomware attack, which affected over 200,000 computers in 150 countries in May.

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A 4-Step Approach to Business Continuity Planning

A 4 Step Approach to BCPBy Stephen McGrady
Principal

As I discussed in my article on the difference between Business Continuity Planning (BCP) and Disaster Recovery (DR) planning, Business Continuity Planning is about the operations side of disaster preparedness. How will you keep the business running after disaster strikes?

When helping organizations address their Business Continuity Planning needs, CIO Professional Services uses a four-step approach: conduct a Business Impact Assessment, get Governance mechanisms defined and approved, prepare the team to handle Crisis Management, and create the Emergency Operating Plans (EOPs) for highly-impacted departments. Here’s an overview of how this works…

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Business Continuity Planning vs. Disaster Recovery Planning: What’s the Difference?

BCP vs DRBy Stephen McGrady
Principal

There’s nothing like the unthinkable happening to make businesses realize that the unthinkable really can and does happen. This was the case with the 9/11 attacks, which not only collapsed two towers, but also left a significant part of lower Manhattan closed for business for quite some time. By 9/12 the necessity of preparing for disasters was at the forefront of every executive’s mind.

That said, disaster preparation is a multi-faceted endeavor. The two biggest aspects are known as Disaster Recovery (DR) planning and Business Continuity Planning (BCP). The following is a high-level introduction to both…

Read more: Business Continuity Planning vs. Disaster Recovery Planning: What’s the Difference?

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