Podcast
Questions and Answers
What is the definition of a disaster according to DRI International?
What is the definition of a disaster according to DRI International?
- A sudden, unplanned calamitous event that creates the inability to provide critical business functions for a predetermined period of time and results in great damage or loss. (correct)
- An event that disrupts normal operations and processes, leading to critical asset restoration.
- Any event that disrupts usual operations or processes and has a long-term impact on normal way of life.
- An unexpected event that seriously disrupts usual operations and processes.
What is the primary purpose of Business Continuity Planning (BCP)?
What is the primary purpose of Business Continuity Planning (BCP)?
- Avoid any disruption to normal operations.
- Delay the restoration of critical assets.
- Maximize the impact of a major disruption to normal operations.
- Minimize the impact of a major disruption to normal operations. (correct)
Which examples are considered as disasters in the context of BCP?
Which examples are considered as disasters in the context of BCP?
- Power outage and Equipment malfunction
- Pandemic (Covid-19) and Natural Disaster (Flood) (correct)
- Network failure and Software update delay
- Cybersecurity breach and Employee strike
How does the time factor influence whether a service interruption is classified as an inconvenience or a disaster?
How does the time factor influence whether a service interruption is classified as an inconvenience or a disaster?
What does Business Continuity Planning (BCP) aim to achieve?
What does Business Continuity Planning (BCP) aim to achieve?
Flashcards are hidden until you start studying
Study Notes
Definition of Disaster
- A disaster, as defined by DRI International, is a sudden, unplanned event that disrupts essential functions and operations of an organization, causing significant financial, operational, or reputational impact.
Business Continuity Planning (BCP)
- The primary purpose of BCP is to ensure that an organization can respond to interruptions and maintain or restore its operations and services in a timely manner.
Examples of Disasters in BCP
- Examples of disasters in the context of BCP include natural disasters (e.g. earthquakes, hurricanes, floods), technological failures (e.g. hardware, software, network failures), human-induced disasters (e.g. terrorism, sabotage, cyber attacks), and environmental disasters (e.g. oil spills, chemical leaks).
Time Factor in Disaster Classification
- The time factor plays a crucial role in determining whether a service interruption is classified as an inconvenience or a disaster, with interruptions exceeding a certain duration (e.g. exceeding a few hours or days) typically being considered disasters.
Aims of Business Continuity Planning
- BCP aims to achieve the following objectives: minimize downtime, reduce financial losses, maintain customer confidence, and ensure compliance with regulatory requirements.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.