Budget Cuts and business continuity planning
Wednesday, March 3rd, 2010Business continuity and disaster recovery planning is a key governance responsibility. The UK Companies Act 2006 gives statutory force to what has long been the worldwide common law duty of directors, which is to exercise due care in relation to their companies. Specifically, directors must “exercise reasonable care, skill and diligence” (s.174).
So, regardless of any impending budget cuts, the board of directors remain accountable for ensuring that the organisation has developed and tested business continuity and disaster recovery plans that deal with all the likely risks that face the organisation.
In the UK, the NHS has determined that BS25999 certification is a key way for NHS entities to demonstrate that they are adequately resilient, and UK local authorities have recognised the BS25999 certification is the best method possible for demonstrating they are meeting their obligations under the Civil Contingencies Act.
Internationally, organisations in both the public and private sector are pursuing BS25999 certification in order to demonstrate to stakeholders and customers that they have adequate business resilience arrangements in place.
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