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8 September, 17:55

True or False: Disaster Planning is not part of the BCP?2. True or False: you still need a BCP or DRP if you have business liability insurance, asset replacement insurance and natural disaster insurance3. True or False: If a business cannot operate, the BCP assists in bringing the business back to life and operational readiness.

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  1. 8 September, 21:22
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    Answer: 1. False

    2. True

    3. True

    Explanation:

    Business Continuity Planning (BCP) is the process that creates preventive and recovery measures in the event of a disaster. It defines the potential risks facing the operations of a business and puts a strategy in place to mitigate these risks. A BCP also puts checks in place to confirm that the strategy works. If a business cannot operate due to a disaster, the BCP assists in bringing the business back to life and operational readiness.

    Disaster Recovery Planning (DRP) is a process that deals with identifying and mitigating the risks to the Information Technology assets of a business if there is a disaster. DRP ensures that these assets are protected and data integrity is maintained through backup and a recovery plan.

    It is advisable to have BCP or DRP in addition to insurance as insurance will not cover the cost of sales or customers lost while a business tries to rebuild itself after a disaster.
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