Business Continuity And Disaster Recovery Plan Page 5
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46YOUR COMPANY
Business Continuity and Disaster Recovery Plan
Introduction
The Senior Management of YOUR COMPANY (hereinafter referred to as the
Organization) recognize the need to protect employees during an emergency and to
have detailed recovery plans to provide for the continuity of operations of the
Organization in an emergency or disaster situation. This document has been developed
to meet those needs and it will be used in the event of a disaster or emergency.
This Plan could be implemented as a result of many types of disasters, including natural
disasters such as flood, fire or severe weather, technical disasters, such as equipment
or power failures or human events, such as terrorism or vandalism. Since the number
and type of emergencies that could occur is quite numerous, the Plan is written to cover
a major emergency or disaster and the Plan will be adapted to the situation or disaster
faced.
Purpose and Scope
It is the intention of senior management to continue service to its customers in spite of
any unplanned and extended interruption of primary business functions. The purpose of
this document is to designate who will be responsible for making critical decisions
during an emergency situation and to provide guidelines to be followed in an
emergency. Plan assumptions are defined below.
The Plan seeks to minimize the financial exposure and vulnerability of the
Organization.
The level of recovery for any specific function is determined by the critical nature
of the various business functions as well as the need to maintain public
confidence and credibility.
The Plan will be amended as changes in the business environment occur.
The Plan will be reviewed my management, internal and external auditors and
regulatory examiners as requested.
Plan Objectives
The major objectives of this Plan are listed below.
1. Protection of personnel
2. Protection of property and records
3. Continuity of management
4. Restoration of critical function within 24 – 48 hours
5. Restoration of essential functions within 72 hours
Revision Date: February 14, 2014
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