In Natural disasters and other catastrophic events are increasingly disrupting businesses around the world. In 2012, hurricanes, fires and superstorms illustrated the importance of including robust business continuity management (BCM) with strategic planning more than ever.
In its bid to help enterprises identify impacts that emerging technology trends can have on BCM, global IT association ISACA has released a new white paper which provides an overview of the impacts, benefits and opportunities of four emerging technologies as they relate to BCM: virtualisation, cloud computing, mobile devices and social networks.
Commenting on the findings of the paper, Salomon Rico, Partner, Deloitte Mexico Information & Technology Risk Services and lead author of the white paper said, ISACAs annual IT Risk/Reward Barometer survey demonstrate that enterprises are still wary of mobile computing issues, such as BYOD, and of hybrid and public cloud. The findings indicate that enterprises are cautiously accepting the technologies in order to reap the benefits they present, and underscore the need for enterprises to be diligent and plan for them in their BCM strategies.
ISACA stresses that recognizing key factors which impact business continuity can help enterprises build resilient infrastructures, design sustainable supply chains, and define communication and contingency procedures to restore critical business operations within acceptable recovery times. According to the white paper, BCM should evolve as business practices and emerging technologies continue to shape the business landscape and should address:
- Greater customer expectations
- Increased regulatory and legal requirements
- The enterprises strategic planning to ensure proper alignment
- Continuous improvement through regular reviews, testing and updates
ISACAs new BCM guide does the legwork of identifying the trends that will impact enterprises risk profiles. Managing these risks enables senior management to make better decisions for aligning BCM with business and IT strategies to meet shareholder, customer and regulatory expectations, and improve resilience and recovery capabilities, added Rico.
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