Like any niche business, Business Continuity (BCP) and Disaster Recovery (DRP) Planning has its own terms. As is often the case for people new to the industry, this may be overwhelming. And when you’re supposed to be considering how your company can best be protected in the event of a disaster, getting lost in the jargon is one stressor you don’t need.
So to help clear the air and keep things simple, let’s review some of the key BCP terms of our industry. This will help make it easier for you to discuss BC and DR Planning with your colleagues.
Business Continuity Planning (BCP): highlights vulnerabilities that might cause losses to your business and plans for the continued conduct of your business. These vulnerabilities can include things such as poor security procedures following a disaster or the lack of effective backup procedures.
Disaster Recovery Planning (DRP): refers to the recovery of IT services following a major hit or service interruption.
Emergency Response Planning (ERP): addresses the immediate protection of life, safety, assets and the environment in an emergency situation.
Continuity of Operations Plan (COOP): refers to the management policies and procedures at the enterprise level to respond and recover from a major incident.
This is a brief primer of some of the key terminology that is integral to understanding how you need to prepare your business in the event of a disaster. By clearly understanding this basic terminology, you are ready to take the next step and start considering how to best approach protecting your business.
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