Business Continuity Management Risk: Ask This;

Business Continuity Management Risk: Ask This;

TLDR: Ask This;

1. How do organization leaders use climate related risk assessments to inform your organizations business continuity program, risk management systems and overall business strategy?

2. Do you have your business continuity or risk management plan?

3. Are business continuity plans considered during risk management business planning?

4. How do you work with business continuity management and risk management?

5. Are stakeholders satisfied with risk management and business continuity management in your organization?

6. How are business continuity management and risk management different?

7. How are operational risk and business continuity coming together as a common risk management spectrum?

8. How are risk management and business continuity management similar?

9. Does your organization manage business continuity and resiliency risk when third parties are providing the parts and supplies necessary to operate business as usual?

10. Is disaster recovery and business continuity included in your risk assessment?

11. Does management have backup plans for business continuity if your organizations cloud service goes down?

12. Do you have risk management strategies/contingency plan for business continuity?

13. Has your organization developed emergency management plans to be able to ensure employee safety and business continuity in the event of a crisis or economic downturn?

14. Do you have a dynamic business continuity management plan to address changing risks?

15. Does your business continuity plan have senior management approval and sponsorship?

16. Do your business continuity plans include cyber risk scenarios?

17. Do you currently use any business continuity specific performance and/or risk metrics?

18. Can the system incorporate data from other parts of the business, as IT, third party risk management, compliance and audit, to inform your business continuity strategy and plans?

19. How do you manage security and business continuity risk across several cloud providers?

20. Are business objectives and strategy clearly defined to help determine which activities are critical for the managing the prosperity and continuity risk strategy?

21. Does your organization have formal plan for business continuity and disaster recovery?

22. What is business continuity management and why does an enterprise need it?

23. Is the risk to business continuity being managed appropriately?

24. Has a risk analysis or business impact analysis been done and has management endorsed the priorities and criticality which that process has defined?

25. What is business continuity risk management?

26. Does your organization have a plan to deal with the risk of business interruption?

27. How effective are your organizations business continuity and/or disaster management plans?

28. What role does IT risk management play in business continuity?

29. How does risk management mesh with business continuity?

30. Is a data breach part of the targets business continuity, risk and crisis management plans?

31. How does business continuity management fit?

32. Are appropriate business continuity management plans in place for the partnership?

33. Are disaster recovery and business continuity programs based upon your organization impact analysis?

34. What key risks to business continuity have you identified in your organization?

35. Does your organization have a defined business continuity plan?

36. Who is responsible for business continuity and crisis management at your site?

37. Does your organization have any business continuity plans?

38. Does your organization have your business continuity programme?

39. Do you consider business continuity management when extending or optimizing your supply chain?

40. What is the plan for disaster recovery and business continuity in case of an incident impacting your organizations assets and/or data?

41. What types of business continuity management processes are in place?

42. How do investors evaluate business continuity management disclosures in emergency situations?

43. How do you embed risk management into existing business processes?

44. How to integrate risk management in business strategy; what is at risk if you fail to align?

45. Does your current business continuity management strategy address long term resiliency, as well as short term survival?

46. Are business continuity management processes in place?

47. Is getting management commitment and support for business continuity still an issue?

48. Can business continuity further assist third party or vendor management with priorities?

Organized by Key Themes: SECURITY, MANAGEMENT, RISK, CONTINUITY, OPERATIONS, DATA, TECHNOLOGY, RECOVERY, ENTERPRISE, BUSINESS:

SECURITY:

How effective is your organizations process for identifying new risks?

Work cross functionally with leadership and (internal) client teams to define and implement business impact assessments, coordinate and lead business continuity and disaster recovery tabletops and exercises, identify, and prioritize remediation, and track completion, partner with (internal) client team and functional leads to implement and maintain disaster recovery plans and metrics to ensure the security and integrity of (internal) client technology and data, and identify program improvements. 

Are continual process improvements jointly developed and monitored?

Lead information security initiatives that minimize risk and maximize compliance by facilitating assessments, managing audit fulfillment and remediation of risks, governing of business data and records, monitoring adherence to information security controls and compliance standards, supporting business continuity and disaster recovery compliance, leading specific security initiatives, and coaching and mentoring to improve information security awareness and standards. 

Which role carriers is accounted for analyzing risks, maintaining risk profile, and risk aware decisions?

Liaison so that your team develops and enforces the organizations security policies and procedures, security awareness program, the information security portion of the business continuity and disaster recovery plans, and all industry and organization compliances issues. 

Are risk management practices implemented to ensure designs meet integrity objectives?

Initiate maintains information systems security documentation, such as system security plans, risk assessments, disaster recovery plans, IT business continuity plans, and checklists to meet appropriate system and regulatory compliance. 

Why develop your organization continuity plan?

Develop information security policies, intrusion response procedures, business continuity an disaster recovery procedures, and risk analysis in the context of a complex security infrastructure. 

Are there any risks involved in the actual testing process?

Be confident that your workforce is involved in access management, policy and standards, audits and assessments, risk mitigation and management, business continuity and disaster recovery oversight, and security education programs. 

Does your organization employ real time analytics in your supply chain operations?

Develop, maintain, and apply an enterprise information security policy and applicable standard operating procedures for security activities; ensure all critical business processes are covered including mergers and acquisitions, enterprise resource planning, supply chain, human resources, continuity of operations, disaster recovery, incident response, and others. 

Are the bcps tested against measurable criteria?

Develop experience developing security documentation as Business Continuity Plan (BCP), Business Impact Analysis (BIA), Disaster Recovery Plans (DRP), and other system plans. 

Does the bcp include the bcp organization & structure?

Design the strategy and architecture for security programs that include Security Policies and Procedures, Security Awareness Training, Security Information and Event Management, Incident Response Management and Enterprise Business Continuity Management. 

How well implemented has your organization risk prevention measures?

Lead cross Departmental teams to apply critical thinking to identify and mitigate risk in the areas of security (physical and logical), sustainability, budgetary constraints, disaster recovery and business continuity measures in all solutions. 

MANAGEMENT:

Which technology changes were excluded?

Perform various other reviews of IT management policies and procedures such as change management, business continuity planning disaster recovery and information security to ensure that controls surrounding these processes are adequate. 

Do you have written backup and archive procedures?

Make headway so that your process works with management to develop and implement policies to provide a framework to ensure that business processes have appropriate business continuity and disaster recovery plans in place. 

What is the worst thing that can happen to your business?

Make sure your workforce is involved in Business Continuity Management processes and best practices, which includes information technology infrastructure concepts, emergency planning concepts and disaster recovery concepts. 

What assistance is available, if any, for developing risk coping mechanisms or technologies?

Check that your strategy is responsible for group risk management including compliance to people, regulators, finance and economic risks for business continuity while interacting with management at all levels and developing the annual risk management and audit plans including the team program and schedule. 

What is business continuity and business continuity management?

Work with organization Business Continuity management to ensure that the Disaster Recovery (crisis management) and Business Continuity Plans drive disaster recovery (DR) strategy procedures. 

Does your organization have formal plan for business continuity and disaster recovery?

Ensure your personnel develops and oversees effective disaster recovery policies and standards to align with the enterprise business continuity management (BCM) program goals, with the realization that components supporting primary business processes have to be outside the corporate perimeter. 

How will the incident response plan be tested on a periodic basis, and how will it overlap with business continuity activities?

Interface so that your group directs staff and initiatives that support business continuity programs, to include incident management and crisis response; business continuity risk identification and analysis; development and oversight of business continuity strategies and plans; exercise and test development and implementation and governance. 

Are clear reporting instructions documented in the BCP?

Ensure compliance with all relevant corporate and company-wide initiatives through applicable IT service, support and development activities; Internal Financial Reporting Controls, Business Continuity Planning, Disaster Recovery, Information Security, Operational Risk Management, Audit, Privacy, and Enterprise Technology Principals, Standards, and Policies. 

Do you have systems to log decisions; actions; and costs, in the event of an incident?

Secure that your staff develops and leads enterprise-wide IT disaster recovery strategies for restoring critical business systems; provides recommendations and solutions on how to mitigate the exposure to potential risk and develops risk management tactics and plans to prevent business disruptions; estimates budget and planning costs associated with the implementation of the strategy. 

Does an it risk register exist for the monitoring of it risks identified?

Review and challenge results of managements on-going monitoring of outsourcing relationships and services from an operational risk perspective (monitoring of outsourcers activities and performance, risk and control indicators, business continuity management and disaster recovery testing, on-going assessment of the outsourcers control environment). 

RISK:

What additional tools are available to support the assessment?

Warrant that your organization is responsible for performance of risk analysis and development of processes and procedures to support your organizations disaster recovery and business continuity program. 

When a crisis hits, will your vendors resiliency match your own?

Check that your strategy is working closely with the enterprise risk management leader for organizational resiliency, oversee the technology business continuity planning and testing activities to enhance the overall technology resiliency and disaster recovery capability. 

When appropriate, is there an IRM function that oversees the risk activities of your organization?

Secure that your team oversees information security, disaster recovery and business continuity planning, risk assessment, penetration and vulnerability testing, incident management and problem resolution. 

Do you have an incident response plan defining responsibilities and duties for containing damage and minimizing risks to your organization and customers?

Develop disaster recovery and business continuity plans for critical processes and systems core to the organizations business operations in the event of a disruption with the goal of minimizing risk to your organization and its stakeholders. 

Is your organizations ability to provide adequate power for customers impacted?

Partner with the Enterprise Risk Management to define standards and processes and provide subject-matter expertise to oversee vendor information security risk and periodic audits of third-party service providers information security and business continuity controls. 

Are all test assumptions adequately defined and aligned with the test objectives?

Collaborate with the Chief Risk Officer to ensure that the enterprise wide disaster recovery and business continuity plan is aligned with organization objectives and regulatory guidelines. 

Are appropriate references to all related plans included in the BCP?

Establish IT Business Continuity Plan (BCP) and Disaster Recovery (DR) testing methodologies and lead regular IT DR and BCP exercises in partnership with the Risk Management function. 

How could you help support business continuity and disaster recovery?

Support all aspect of Business and Program Management for the Enterprise Risk Management, Business Continuity and Information Security Team. 

Which considerations should be taken into account while selecting risk indicators that ensures greater buy in and ownership?

Make sure the Manager, Risk and BC, ensures that current business continuity and disaster recovery goals of your organization are met while planning for additional resilience in the future. 

Has your organization arranged for alternative sources of power?

Ensure the team conducts risk assessments, business impact analyses, strategy selection, and documentation of business continuity and disaster recovery procedures. 

CONTINUITY:

Have controls that mitigate or eliminate the risks identified been implemented?

Confirm that your strategy collaborates across the organization to design and implement business continuity and disaster recovery strategy and plans to ensure the availability, security, and integrity of organization data, databases, information systems, and technology. 

Is the management operating model appropriate?

Develop the (internal) clients intelligence program; management of the enterprise to complement security operations; development of all program materials, standard operating procedures, and training protocols; flagging information as pertinent to the business continuity of the organization and determining notification hierarchy. 

Has your organization developed emergency management plans to be able to ensure employee safety and business continuity in the event of a crisis or economic downturn?

Ensure your design establishes policies, standards, practices, and security measures to ensure effective and consistent information processing operations and to safeguard information resources, including a Business Continuity Plan and a Disaster Recovery Plan. 

Does the process include a BIA, risk assessments, Risk Management, and risk monitoring and testing?

Be confident that your group manages technological security including monitoring access to network and data and ensuring compliance with organizational IT security policy, maintaining Disaster Recovery Plan that aligns with Business Continuity Plan and monitoring security administration for the organization. 

What are the challenges to developing an effective risk culture?

Guarantee your company has involvement with risk evaluation and control, business impact analysis, business continuity strategy development, emergency response and operations, developing and implementing business continuity plans, developing technology and business process recovery strategies. 

Who is the right person in your organization to own the BCM process?

Be certain that your staff collaborates extensively with all Company operations, synthesizing information gathered business continuity and response plans and ensuring compliance with regulatory requirements, industry standards, and overall Risk Management requirements. 

Are the results of your audits/independent reviews used to adjust your risk assessment findings/results?

Ensure IT data security, risk management, disaster recovery and business continuity planning processes are in place and receive regular review for currency and adequacy. 

Has your organizations leadership team identified a BCM executive?

Collaborate with Business Continuity team to ensure that the disaster recovery and business continuity plans drive disaster recovery (DR) strategy and procedures. 

What actions and next practices should a security and risk management leader and team implement?

Lead the development and implementation of an integrated testing strategy that incorporates people, processes and technology; and support functions in the performance of annual testing exercises and other processes designed to ensure the sustainability of business continuity management practices. 

Have you defined your recovery time objectives?

Oversee that your workforce works with third party providers to properly link IT Disaster Recovery service targets to organization Business Continuity Plans and defined priorities and recovery requirements. 

OPERATIONS:

Have you identified ways to manage or mitigate risks identified?

Ensure your staff defines and implements business continuity protocols, disaster recovery strategy plans, and IT processes and procedures to minimize disruption to business operations in the event of emergency situations or data loss, assess points of failure in the infrastructure, and develops plans and implements actions to mitigate risks. 

Who should you call in case of disaster?

Ensure your group engages with business stakeholders to ensure risk identification is embedded in key business activities and potential risks are identified and mitigated for existing business operations as well as for new business opportunities. 

What are the key considerations when developing recovery strategies?

Make sure your operation is assessing, developing, and implementing IT continuity strategies and programs, from business impact analysis (BIA) to implementation, testing and hand over to operations. 

What are the major risks affecting your vendors?

Make sure your design is responsible for coordinating support of all IT related activities and initiatives at large or multiple business sites hosting the application suite that supports the business group (Operations). 

Is the management of the risk a development priority?

Develop experience implementing best industry standards for an enterprise level environment to ensure smooth and reliable business operations. 

Which controls are required to most effectively mitigate vulnerabilities?

Make sure your team prepares divisional and/or organization wide risk assessment, continuity of operations and financial integrity documentation to mitigate liability and vulnerability of your organization. 

How do you see the future of business continuity at the enterprise level?

Guarantee your process develops mitigation strategies and creates scenarios to re establish operations in the event of business operations interruptions. 

Does the plan deal with how to handle the media?

Make sure the Manager of Supplier Optimization oversees a portfolio of supplier relationships to meet the business needs of day-to-day health plan operations, including membership, claims and (internal) customer service business processes. 

Can a concept as broad as risk management be captured effectively in a single standard?

Invest in developing and implementing real time monitoring capabilities to capture business operations/markets and transaction information. 

Does management have backup plans for business continuity if your organizations cloud service goes down?

Ensure strong, well developed business acumen with diversity of involvement with exposure to functions beyond operations and service. 

DATA:

Who will be responsible for implementing actions and for monitoring and reviewing the plan?

Warrant that your organization coordinates Disaster Recovery, Business Continuity and Incident Response planning to ensure effective protection and recovery of information services, organization data and business operations. 

Is there an evaluation form to facilitate the analysis of the test?

Analyze data and optimization opportunities to facilitate implementation of a risk management and business continuity software. 

How do you ensure that your staff remains safe?

Liaison so that your process ensures processes are in place for IT data security, risk management, disaster recovery and business continuity, and that such processes are reviewed regularly to remain current and comprehensive. 

Does your organization have a documented and tested disaster recovery and business continuity plan?

Confirm that your organization coordinates updates to the business continuity plan and Data Sharing Plans with interfacing technology partners. 

Does your organization manage business continuity and resiliency risk when third parties are providing the parts and supplies necessary to operate business as usual?

Establish that your strategy work with business units and technical teams to test for continuity and recovery of critical assets and data required to operate the business. 

How did your organization handle the crisis?

Confirm that your design is involved in audit/risk management methodologies and regulatory requirements pertaining to information security, business continuity, privacy, and/or data security. 

Is there any security control on operational software to minimize the risk of corruption?

Develop and implement business continuity protocols to minimize disruption to business operations in the event of emergency situations or data loss. 

Is business continuity supported by your highest management level?

Make headway so that your workforce identifies and recommends additional data and/or services needed to address key business issues related to process or solutions design. 

Why do other organizations need it?

Be certain that your workforce develops data driven analyses to optimize resources and ensure that business plans can be translated into financial value. 

Have mitigation measures been chosen for non availability of each critical process?

Promote and establish information security measures, as data compliance, business continuity, user awareness and incident response. 

TECHNOLOGY:

Has your business continuity plan been reviewed in the last year and updated as needed?

Be confident that your operation monitors Information Technology recovery work efforts to ensure alignment between Business Continuity Plan and IT Disaster Recovery Plan. 

Who is responsible for information security?

Verify that your operation is responsible for backup and disaster recovery capability for User Experience technology products to ensure business continuity and consistency with other business recovery plans. 

Does your current business continuity management strategy address long term resiliency, as well as short term survival?

Interface collaborate with Enterprise Business Resiliency, Enterprise Architecture, Risk and Control, Infrastructure and Application teams driving requirements, developing materials, building an action plan and execute, while reporting directly into Technology Continuity and Resiliency Strategy Leader. 

What are the chances of a disaster happening?

Ensure strong involvement in technology resilience and disaster recovery, business continuity and business impact analysis with large scale technical initiatives, as data center migrations. 

How well implemented are physical capabilities enabling a response to disruptions?

Oversee that your group facilitates the processes necessary to ensure that you have effective business continuity to overcome physical, operational, or technology disruptions. 

Is there an evaluation form to facilitate the analysis of the test?

Plan and facilitate testing of your business continuity, incident response, and disaster recovery plans with appropriate business and technology stakeholders. 

Where are esg challenges creating broad threats to future business value?

Make sure the CIO is to ensure that information technology adds the maximum value to your organization so as to facilitate the success of the business; essentially, creating business value through technology. 

What should you do with identified risk events?

Secure that your strategy works with technology support groups to ensure all internally and externally hosted applications that are required to support the individual business in the event of a significant business interruption have been identified and are tested in accordance with standards. 

Which esg related risks should be reflected in the strategy?

Guarantee your organization develops and fosters relationships with business stakeholders and information technology management. 

Can the net support business continuity?

Ensure your organization manages the budget associated with the IT operations of your organization, with the support of the Technology Business Operations Manager. 

RECOVERY:

Can the system incorporate data from other parts of the business, as IT, third party risk management, compliance and audit, to inform your business continuity strategy and plans?

Establish that your group performs assessments for both internal functions and vendor controls that address the specific business continuity and disaster recovery risks and incorporate into the overall IT and enterprise risk ratings and architecture. 

Are there any opportunities to integrate your adaptation options into other plans and processes?

Assure your process coordinates annual review and update of the Enterprises contingency plans, including Disaster Recovery Plan (DRP), Business Continuity Plan (BCP), and Incident Response Plan (IRP). 

How do the problems affect your organization?

Oversee that your group manages all aspects of the Disaster Recovery Program including the development, implementation, testing and maintenance of departmental and corporate Disaster Recovery and/or Business Continuity Plans. 

Which characteristics of risk controls can be defined as under?

Make sure the Disaster Recovery specialization works closely with Information Technology leadership, business leaders and functional teams to ensure Disaster Recovery capabilities meet the Recovery Time and Recovery Point objectives as defined by Business Impact Analyses and business requirements. 

Who is involved in the identified risk management activities?

Safeguard that your strategy is involved in technical writing of Disaster Recovery and Business Continuity policies and standards. 

What kind of risk management information is included in your annual accounts?

Warrant that your organization is working with the various lines of business and corporate functions to conduct Business Impact Assessments (BIAs) and drive the development of robust business recovery plans that include contingency planning for loss of people, loss of facilities, technology, and vendor dependencies. 

When are risk management activities and deliverables to be completed?

Maintain security of all organization data and establish and administer complete business continuity, disaster recovery, and incident response plans for all systems, applications and data. 

How does your organization minimize the risk of loss of key personnel?

Update and maintain the IT disaster recovery plan to enable the organization to respond to a disaster, or other emergency that affects information systems, and minimize the effect on business operations. 

What is your organizations corporate knowledge or intellectual capital?

Warrant that your design collaborates with Business Continuity and application owner professionals to insure disaster recovery documentation is compliant to corporate standards. 

What key risks to business continuity have you identified in your organization?

Safeguard that your operation works closely with the IT Application owners to ensure Technology Recovery Plans and strategies are in line with business strategies, and identifies any gaps and works with process owners to close those gaps. 

ENTERPRISE:

How are operational risk and business continuity coming together as a common risk management spectrum?

Oversee the enterprise-wide Business Continuity program and staff to ensure appropriate oversight of the design, development, maintenance, and testing of disaster recovery and business resumption plans for each critical functional area. 

Who is in charge of updating your organizations website?

Make headway so that your strategy is developing, updating, and Implementing emergency preparedness programs and procedures to ensure the effective, efficient, and successful business continuity process for the enterprise. 

What is business risk management?

Secure that your staff leads and mentors ERM analysts, and directs managers of the enterprise wide Business Continuity and MRM functions. 

Is getting management commitment and support for business continuity still an issue?

Make sure your operation is responsible for the effective and efficient delivery of all third party and internally managed IT infrastructure used to support business process and services across the enterprise. 

Does your business continuity plan have senior management approval and sponsorship?

Check that your operation is responsible for the teams who develop business requirements, coordinates with enterprise architects enterprise, solution, information. 

Do you have smes that can effectively assess specific third party risks?

Be certain that your design is demonstrating critical thinking and effectively linking the enterprises BCM activities to business operations to bolster a resilient culture are key characteristics of success. 

Are there means in your organization for bottom up and top down information?

Make sure your group maintains optimal Enterprise Architecture alignment with Solution Architecture, Technical Leads, Business Analysis, Infrastructure, and PMO roles. 

Have you assessed the likelihood and consequences of the significant risks being realized?

Operate with an enterprise view thinks and operates holistically and inclusively with all aspects of the business in mind. 

Who is responsible for managing the supporting technology?

Certify your design performs analysis of Enterprise Resilience program standards against industry best practice to support continuous improvement. 

How to integrate risk management in business strategy; what is at risk if you fail to align?

Analyze processes that support enterprise wide priorities and align with the strategic goals/OKRs of the R and D organization and company. 

BUSINESS:

Who participates in the information risk management decision process?

Verify that your company provides technical expertise to the Cyber Supervisory team in support of work programs, industry guidance, and other regulatory efforts; Participates in public and private industry business continuity and disaster recovery exercises. 

Is access for all users ordinary for the job functions?

Assure your process develops, revises, updates, manages, and monitors your organizations Business Continuity and Disaster Recovery policies, plans, processes, procedures, risk assessments and administration. 

How do you currently justify the cost for investments in operational risk controls?

Actualize ensure integration of system resilience with all other Business Continuity Management Department functions, including Business Resilience, Incident Response, Vendor Risk Management, and Operational Resilience. 

Are all business continuity plans within your organization consistent?

Certify your team assists with the development, testing and maintenance of business continuity plans for IT systems and (internal) customer operations; direct IT system recovery activities in the event of disaster; participate in annual plan testing. 

Who is responsible for which critical process?

Certify your company is responsible for your organizations disaster recovery and business continuity program and testing. 

What should be considered while developing obscure risk scenarios?

Certify your process has involvement developing and implementing Business Continuity programs and/or Disaster Recovery programs, implementing policy and/or governance programs. 

Which ensures that risk mitigation method that you have chosen is effective?

Secure that your design oversees the IT Disaster Recovery and Business Continuity program; ensures plans are in place and tested per policy. 

Which inputs of the identify risks process is useful in identifying risks, and provides a quantitative assessment of the likely cost to complete the scheduled activities?

Confirm that your group performs regulatory and industry requirement readiness assessments for existing architecture including network, hardware, software; provides input to Disaster Recovery and Business Continuity Planning activities. 

What impact will the situation have on revenue and customer support?

Provide consulting support to IT leaders, Cloud Operations leaders, line of business leaders, internal audit, and external auditors relative to the full range of disaster recovery and business continuity issues and resolution planning. 

What are your available adaptation options for increasing resilience of your business continuity?

Confirm that your group ensures the delivery of consistent and effective business continuity (BC) and disaster recovery (DR) services with an emphasis on best practices and increasing levels of maturity.