Regardless of the size of your business, the industry you’re in, or even the amount of money you make in a year, you still need a business continuity plan. These plans include more than just disaster recovery, although that is a part of business continuity. They are proactive measures designed to keep your business operating following an unexpected event, but they also include a company assessment and a list of resources. Here are a few of the reasons why one of these plans is a necessity.

Cyberattacks Affect Many Businesses

Even with the best IT security solutions, cyberattacks are becoming more and more frequent. It’s now more of a matter of when your business is attacked, not if. Doing a network security assessment as part of your business continuity plan is the first step to preventing as many of these attacks as you possibly can. By creating a list of your resources and working with an outside company to analyze your current security weaknesses, you’ll be able to strengthen your security as much as possible. You may even be able to eliminate or greatly reduce some potential risks.

CyberCompass offers a suite of discovery scans and penetration testing to inform you of exactly where your vulnerabilities are. Learn more here. For a quick snapshot of your vulnerabilities, take our 2 minute quiz at Cyber Quick Check.

Are You Prepared to Deal with Potential Risks?

What will your company do if you are hacked? How will you tell your customers that their personal data was stolen? How will you continue to operate until you can address these security issues? Having a business continuity plan allows you to be prepared to answer these questions and more. By thinking through each potential scenario and creating a response to it when your team isn’t in the middle of a disaster will help you analyze the scenario more rationally. You will have the time to come at the question from multiple angles to ensure that you cover everything. No one will be scrambling to address a situation, and the solutions you come up with will be as thorough as possible.

Your Business Can Continue Operating in Some Capacity

When a disaster strikes, some businesses simply close down for a short period of time. Their leaders weren’t prepared for the situation, and they may not fully understand how it affects their business. If you have a business continuity plan, though, you may not have to completely shut down. Instead, you will have already identified the parts of your company that are affected by the current scenario. While you may need to reduce or temporarily shut down some departments, you may still continue to operate parts of your business. This means your cash flow won’t be completely frozen. During times of crisis, having some income, even if it’s much less than normal, is vital.

Set Yourself Up for Success

CyberCompass can help set you up for success by building your cyber resilience. When information is combined with application, you get resilience. We help you be informed with checking vulnerabilities within your workforce, policies and frameworks, technology and vendors. Our certified CyberCompass commander takes that information and helps you apply it across your business ecosystem. Shore up your defenses against asymmetrical cyber warfare. Learn more about our solutions or contact us today for a free demo.

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