According to a survey by Contingency Planning and Management magazine and KPMG, "BCP on the Rise", the top reasons for business continuity planning are stakeholder protection and regulatory compliance. Review the survey. Will the Monetary Authority of Singapore eventually require all financial institutions to have a tested BCP?

The Infocomm Development Authority of Singapore released a "Request for Proposal" in December for IT disaster recovery for almost thirty government ministries and statutory boards. This is a major BCP project. Maybe a BCP covering not just IT, but the business units, as well, will be next?

The latest BCP buzzword is "C&A", for "Continuity and Availability". With high availability required for many web sites, continuity of business and availability of systems have become important BCP issues. For other BCP definitions, listen to our BCP Terms and choose a language.

 

What is the status of your Business Continuity Plan? If you answer our survey, we will send you the results, and a list of companies who responded. For a list of companies we asked, click here.

 
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