
The most common cause of partial or total business interruption is hard drive failure. From the above list of potential threats, I have experienced them all, but the one that occurred most unexpectedly and more frequently than any other was hard drive failure.
What safeguards can we put in place to not just be PCI compliant, but be even more stringent with our sensitive data?Īfter you list your potential threats, you need to rank these business operational threats by how likely they will occur. What will we do if our websites or internal networks get hacked or customer data stolen?. What will we need to do if a vital computer and/or hard drive no longer works?. If our main internet connection is down, how will we divert to a fallback connection?. How will we respond to inbound phone calls and how will we continue outbound communication?. What will we need to do if power goes out for more than 4 hours?. How will we restore operations and data as fast as possible?. What will we lose if there is a fire, flood, storm damage or break-in?. You need to be pragmatic and explore the potential horrors that could unfold and beseech your company. Threat Response Matrixĭoes your business plan have a “Threat Response Matrix”? In its simplest form, list the different “worst case” scenarios for your business.
The integrity of a company’s data systems is paramount to minimizing the cost incurred from business interruptions. They need to have fall back plans in case of disaster and system failures.
All organizations need to be prepared for potential business interruptions.