On 11 February 2018 the annual Business Continuity Institute Horizon Scan assessed the business preparedness of 657 organisations worldwide.
The published results make interesting and compelling reading with business continuity trumping theft of confidential data as business’ primary security concern.
The report illustrates that professionals have embraced the benefits that robust and tested business continuity brings to their organisations.
The uptake of the international management system standard for business continuity (ISO 22301) is growing, as is the investment made into business continuity management (BCM) programmes.
The results in this report demonstrate clear correlation between the amount of time organisations invest and integrate BCM arrangements and the likelihood of businesses maintaining this type of investment.
Telling 86% of organisations who have had business continuity plans in place for a minimum of 5 years noted that they “will either increase or maintain their investment in business continuity”.
One of the plausible reasons for this finding is that security professionals have noted a return on investment (ROI) from their business continuity plans.
Have you road tested your Business Continuity Plan recently?