IT business continuity in a changing landscape

Traditionally, business continuity management (BCM) has only considered risk analysis and management; but according to Forbes it should also include innovative strategies to meet the changing needs of customers and the environment

Threats come in all forms and sizes. We have generally built our business continuity plans on the traditional predictable and quantifiable disasters such as fires, hurricanes, floods, power failures and earthquakes. Today’s risk landscape has changed, however, and is now abstruse and nebulous. How, then, do companies even begin to quantify:

• Cybercrime, terrorism and denial of service (DoS) attacks
• Wireless device security loopholes
• Global supply chain throughput velocity and business partner connectivity concerns
• Public cloud infrastructure risks
• Human capital dependencies.

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