The 2012 Disaster Preparedness & Business Continuity Seminar is only three weeks away! In an effort to prepare you for the seminar, we have provided a glossary of terms to help you better understand the difference between Business Continuity, Disaster Preparedness and other related terms.
Take some time to brush up on your Disaster Preparedness and Business Continuity vocabulary! We look forward to seeing you on June 15th at the Seminar!
Business Continuity Planning
Comprehensive term covering plans for disaster recovery and resuming business operations during or after a disaster occurs.
Measures designed to identify, avoid or contain incidents that could cause disaster.
Business Impact Analysis
Evaluation of the effects a specific disaster could have on all business functions.
Business Unit Recovery
Relocation during or after a disaster of key personnel, essential records, communications, computing and other equipment, etc.
Critical event which could significantly impact an organization’s reputation or ability to function.
Coordination of overall organization response to a crisis, to control damage to operations or image.
Critical Functions and Records
Business activities or documents which, if destroyed or interrupted for several days, could put the organization at risk or create significant replacement expense.
Any event that causes organizational inability to provide critical business functions for a given time period.
Ability to respond to an interruption in services by implementing a plan to restore business-as-usual functions.
Disaster Recovery Period
Time between a disaster and return to normal function, during which the disaster recovery plan is employed.
Disaster Recovery Plan
Document defining resources, actions or information required to manage the business recovery process after a business interruption. Includes technological aspects of business continuity planning and prior preparations to reduce loss and ensure continuity of critical business functions.
An unanticipated event that threatens safety, health, property or the environment.
Activities implemented immediately to prevent the loss of life and minimize injury and property damage.
Extra Expense Coverage
Insurance that pays disaster-related expenses until full operational function can be recovered.
Specific natural event-related coverage, also sometimes available for earthquakes, hurricanes, etc.
Alternate fixed or mobile facility equipped to support critical business functions during or following a disaster.
Interim Organizational Structure
Temporary chain-of-command usually designed to streamline action and broaden decision-making authority during a disaster recovery period.
Key Personnel Insurance
Coverage that supports business continuity if a mission-critical staff member is lost.
Tangible or intangible business resources no longer available due to a disaster, mitigated by use of sprinkler systems, insurance policies, evacuation plans, etc.
Media Transportation Coverage
Insurance covering transporting data-related media, including reconstruction and tracing lost items, against risks typically including employee dishonesty or conspiracy.
Physical and Procedural Safeguards
Specific measures such as fire suppression systems or security awareness programs established to prevent disaster.
Ongoing identification and evaluation of organizational exposure to specific threats, to avoid assuming an unacceptable risk level.
Supply Chain Logistics
Activities, documentation and equipment needed to keep supplies moving in and products moving out.
Potential operational disruptions caused by human actions, natural events or technical failures.
Thank you for reading the glossary. We hope this helped you better understand each term and also better prepared you for the seminar.
If you or someone you know have not yet registered for the seminar and would like to learn more about how you can protect your business and keep it up in running in the event of a disaster, register today at http://info.anexio.com/register.