Aug 5, 2014
Organizations cannot always guarantee that a business continuity plan will be successful, but they must carry out careful planning processes nonetheless.
This is according to Brian White, a principal at advisory firm The Chertoff Group, who told Forbes that comprehensive planning is key to dealing with any disaster, whether it's a cyber attack, extreme weather or a product recall.
"The hard fact is that you will never know if the plan will work before a cyber-event," he explained.
"Understanding the plan's parameters and options will enable an executive to make decisions quickly and accurately at first response."
In cases where the plan fails, senior staff will know how to switch to back-up options, he added. Companies were advised to conduct two or three business continuity tests a year, spending at least three to four hours on each occasion.
A recent global Ponemon Institute study found that system downtime is among organizations' biggest IT security fears. Nearly half (49 per cent) of businesses polled said a serious outage would cause them to invest more on cyber security measures.
Oracle standby databases reduce downtime, allowing companies to quickly recover from otherwise catastrophic system failures.
When used as part of a detailed disaster recovery plan, standby database software provides a sophisticated solution that can help modern businesses quickly recover from outages.
Mr White said it is important for enterprises to recognize vulnerabilities, risk areas and threats, while implementing the right technologies to counteract these problems.
Despite this, he added: "While most products do their job, there is no single reliable solution, which is why a defense-in-depth approach is critical."
Senior executives can no longer claim ignorance on cyber matters, the expert continued, as they must recognize the risks to their business and assuage any fears stakeholders may have.