BCCH also specializes in Business Continuity Planning (BCP) as it relates to the recovery of critical business units. We, in conjunction with clients, have developed a BCP methodology which is simplistic in its approach, low in its cost, and acceptable to the Auditors and Board of Directors.
We have honed our BCP practice in a diverse set of industries:
- Oil & Gas
Our core BCP strength is melding the business with its unique requirements with the capabilities of IT and facilities to provide a seamless solution to a business disruption while minimizing risk and exposure to the company.
Business Continuity Planning (BCP) is the creation and validation of a practiced logistical plan for how an organization will recover and restore partially or completely interrupted critical (urgent) functions within a predetermined time after a disaster or extended disruption. The logistical plan is called a Business Continuity Plan.
BCP is working out how to stay in business in the event of a disaster. These include local incidents like building fires, regional incidents like earthquakes, or national incidents like pandemic illnesses.
BCP may be a part of an organizational learning effort that helps reduce operational risk associated with lax information management controls. This process may be integrated with improving information security and corporate reputation risk management practices.
Geographic/Demographic Risk Profile, Vulnerability Assessments
A geographic risk profile is an outline of the risks to which an organization is exposed. It may be developed in the course of risk analysis and used for risk management. It examines the nature of the threats faced by an organization, the likelihood of adverse effects occurring, and the level of disruption and costs associated with each type of risk.
Industry Perspective to Continuity and Risk
- 30% of all businesses that have a major fire go out of business within a year; 70% fail within five years.
- Companies that are unable to resume operations within ten days (of a disaster hit) are unlikely to survive.
- 60% of companies that lose their data will shut down within 6 months of the disaster.
- 93% of companies that lost their data center for 10 days or more due to a disaster filed for bankruptcy within one year of the disaster; 50% of businesses that found themselves without data management for this same time period filed for bankruptcy immediately.