Learn the foundational elements of a Disaster Recovery and Business Resumption Plan and what aspects should be developed by an organization,as well as the process of conducting “table top” exercises.
Let’s face the facts. Disasters can strike anywhere. Moreover, when they do, individuals are often insufficiently prepared and the impact can be, at best, unsettling and, at worst, catastrophic. For financial institutions, neither of these options is acceptable as banks and credit unions are required by sound practice, law and regulation to prepare for such contingencies and execute prompt recovery so that they may provide critical financial services to individuals and businesses in often their moment of greatest need. Meeting this standard of ongoing confidence during such events requires strong planning and capacity to execute a well-developed plan.
Central to this process is having a Disaster Recovery and Business Resumption Plan. These plans must be tailored to organizational factors, but there remain core principles that can and should be considered. Moreover, the execution of the plan through various exercises gives an organization a strong degree of internal confidence that it will be capable during such crisis. While no plan can ever truly be tested until actually required, the efforts to walk through the elements of the plan and to evaluate how key components can and should work is always available to an organization.
This webinar focuses on both of these elements. The session begins with a discussion on foundational elements of a Disaster Recovery and Business Resumption Plan and what aspects should be developed by an organization. From there, the session includes the process of conducting “table top” exercises including what elements are needed to augment this key exercise. The table top includes how Enterprise Risk Management aspects must be applied into the process to evaluate and correlate the risks from various events.
Please join Ken Agle as he guides you through disasters and how financial institutions can promote strength during crisis, an absolute prerequisite and perhaps the truest test of sound risk management. Mr. Agle will provide a baseline table top exercise including key handouts for an organization to conduct its own table top. The question is really not if, but when will a crisis hit. The answer is, no matter when, your organization will be prepared.
This webinar will provide the basis for Disaster Recovery and Business Resumption Plan including sample table top exercise elements including:
