Firm leaders aren’t invulnerable. RIAs should have backup plans in place to prevent chaos in the event of sudden bad news.

The plan includes 17 electronic forms, Business Impact Analysis tool, and a DR/BC audit program. Preparation for Disaster Recovery/Business Continuity in light of SOX has two primary parts.

Once the team that is working with you on the creation of the business continuity plan has the information from the BIA and any gap analyses, it's time to get started on the creation of the BCP.

Develop a continuity plan to maintain operations during unexpected challenges. Prioritize essential tasks and organize emergency contact info for quick access. You can safeguard your small ...

List the potential crises for which you want to conduct continuity testing. You might have continuity plans for up to 10 different disasters but only want to test for one or two at this time.

A business continuity plan can sound similar to a disaster recovery plan. But the latter is concerned primarily with maintaining or recovering company IT systems during and after a crisis.

A business continuity plan lays out a strategy for bringing a company's operations back into line after a crises, such as a natural disaster, a fire or the death of a key executive.

The International Standards Organization (ISO), in May of 2012, published the first edition standard ISO 22301, Societal security – Business continuity management systems – Requirements. This ...

For more information on business continuity plans in the Northeast, contact Brian Pye at [email protected] or 612-397-3139. For more information on CliftonLarsonAllen LLP, visit CLAconnect.com.

By Pragati Verma By now, every company has a business continuity (BC) plan, right? Not quite. Many US businesses are not equipped to deal with major disruptions, warns a risk bulletin from insurer ...

A step-by-step approach to business continuity planning, prepared well before any disaster, will allow your trucking fleet to resume operations as quickly as possible.