Implementing a business continuity plan is an important step for any organization. The benefits of having such a plan in place are numerous, and it can help to mitigate some of the risks that your company may encounter.
Some organizations decide to implement their plans after experiencing natural disasters or other types of traumatic events which have caused significant losses in revenue and customers. Others might only start thinking about creating one after they experience high-level cyberattacks that have resulted in data loss, stolen trade secrets, etc. Still others wait until they realize how fragile our modern world has become through global economic uncertainty or terrorist attacks on major infrastructure systems like power grids and transportation networks