Nearly 70% of Region's Businesses Lack Robust Business Continuity Planning
Posted on: Wednesday, 11 November 2009, 07:09 CST
- eHosting DataFort and BCM Institute Launch Industry Survey Report on Status of Region's Business Continuity Management
An industry survey conducted by eHosting DataFort, the region's leading managed IT and advisory services provider, and BCM (Business Continuity Management) Institute, has revealed that almost 70 per cent of the region's organizations have not put in place a robust Disaster Recovery or Business Continuity Management (BCM) programme, despite growing major disruptions and disasters caused to businesses in the region.
Participants in the BCM survey perceived failure of computer hardware/software and data loss as the highest risk to business disruption, with 21 per cent of the executives stating that natural disasters such as storms, floods and earthquakes were of particular concern.
eHosting DataFort, who is a member of TECOM Investments, conducted the
Business Continuity Management survey among organizations across the
"By putting in place a robust business continuity planning (BCP) programme, companies will be better positioned to deal with worst case scenarios that can impact their business operations. Business continuity planning enables a systematic response in the event of such disruptions."
While almost 60 per cent of participants claimed they had documented a continuity management plan for their organizations, they are not however, part of a fully-fledged BCM programme.
The types of business continuity planning that companies have taken include the provision of an alternative work site in the event one location is unavailable and an automated communication with the company's continuity management team. Having an established relationship with external agencies including the local police, fire stations and hospitals is another form of business continuity planning.
Nearly 38 per cent of the respondents revealed having more than 20 years of experience in dealing with business continuity planning one way or the other, although 40 per cent stated they did not have a specific individual to head or coordinate business continuity management in the organization.
Detailed results of the survey have indicated that a number of significant business disruptions in the past year were caused by network failures (45 per cent), followed by power failures (20 per cent), manmade disruptions including theft, hacking attempts, sabotage, poor judgment (11 per cent), and natural disasters such as sandstorms, floods and earthquakes (8 per cent). The economic downturn has further contributed to significant corporate business disruptions due to non-premptive measures by the corporate houses, according to respondents.
Mr.
"Business Continuity Management (BCM) programmes ensure that organizations adopt best practices through industry certification standards such as BS 25999-2: 2007, a British standard recognizing that organizations have implemented a sound BCM progamme."
Partnering with the BCM Institute, eHosting DataFort aims to continue educating customers about Business Continuity planning (BCP) and best practices through a dedicated disaster recovery services team. Supported by world-class, data centres that are resilient and scalable infrastructure, eHosting DataFort remains the region's market leader in the field of managed IT and advisory services.
Photo Caption from Right to left:
About eHosting DataFort
eHosting DataFort, a fully owned subsidiary of TECOM Investments and is a
leading provider of Managed IT and Advisory services. The organization has
obtained a number of notable projects to deliver world-class outsourcing
services to major enterprises across GCC, MENA, US and
About The Business Continuity Management Institute (BCM Institute)
BCM Institute has been set up to promote and develop the disciplines of
Business Continuity Management (BCM) and Disaster Recovery (DR). The
institute offers a comprehensive range of competency-building services in BCM
and DR including but not limited to Training, Certification, Gap Analysis and
Auditing/Assessment/Assurance. In the area of Consulting and Advisory
services, the company facilitates BCM implementation, Conducting of the
Business Impact Analysis/Risk Analysis, Recovery Strategy Formulation, Plan
Development and Testing/Exercising - including Continuity Management
Simulation Exercises in scenarios such as the Swine Flu and Pandemic, Floods,
Fire and Explosions, Armed Intrusions etc. The BCM Institute is arguably the
most knowledgeable training organization in
SOURCE eHosting DataFort
Source: PR Newswire
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