What does "business continuity planning" ensure for organizations? 🔊
Business continuity planning ensures that organizations can maintain essential functions during and after a disruptive event. It involves identifying critical processes, potential risks, and developing strategies to mitigate those risks. Organizations create contingency plans for scenarios such as natural disasters, cyberattacks, or system failures to minimize downtime and maintain customer trust. The goal is to ensure rapid restoration of operations while supporting compliance with regulatory requirements and safeguarding the company’s reputation and financial stability.
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