Business Continuity (BC) plans for compliance won't cut it as business leaders are demanding outcomes, asking if you can prove that you are resilient enough to recover.
There are some startling statistics supporting these concerns:
86% of companies experienced one or more instances of system downtime in the previous year, with a 60% human-error factor.
Of the companies with BC plans, only 15% believe their crisis communication is “very effective.”
Most BC plans aren't usable or accessible in disasters, becoming a deeper source of chaos. A Sungard Availability Services survey revealed that 75% of “compliant” plans are never used as-is during testing or disasters.
So, the question to ask is: Do you need to dust off your current BC plans?