What is ISO 22301?
ISO 22301 gives organisations access to requirements that will enable them to prepare for incidents that may make it impossible to achieve business objectives. ISO 22301 can be used to assess organisations' ability to meet their own business continuity needs and responsibilities and establish a business continuity management policy that provides the structure to implement an effective business continuity management system.
Key requirements of ISO 22301
- Business Continuity Policy
- Business Impact Analysis (BIA)
- Risk Assessment
- Business Continuity Strategy
What is business continuity management?
Business Continuity Management (BCM) is a comprehensive process undertaken by organisations to ensure (customers, suppliers, stakeholders and employees) that business processes will continue in the event of a crisis or emergency.
Benefits for companies:
- reduced likelihood and impact of disruptions and downtime on continued business operations
- ability to restore "business as usual" quickly after an incident
- protection of company resources
- optimization of risk management costs
- limited financial, legal and image losses when a threat occurs
- meeting legal requirements and customer expectations
- increased awareness of management and employees
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