Risk Assessment Methodologies for Continuity Planning
In an increasingly volatile business environment, organizations must be prepared to respond to disruptions ranging from cyberattacks and system failures to natural disasters and supply chain interruptions. Continuity planning ensures that critical operations can continue or be restored quickly during such events. At the core of effective continuity planning lies risk assessment, a structured process that helps organizations identify, analyze, and prioritize potential threats. By applying appropriate risk assessment methodologies, businesses can design resilient continuity strategies aligned with organizational objectives and compliance requirements. Understanding Risk Assessment in Continuity Planning Risk assessment in continuity planning involves systematically identifying threats that could disrupt operations and evaluating their potential impact on business processes. The goal is not only to recognize risks but also to understand vulnerabilities and the likelihood of occu...