Business Continuity Maturity Model® Addresses BC Standards

This new release addresses the availability of other standards with which organizations may wish to align, including BSI's BS25999 and the others in the DHS Private Sector Preparedness program (PS-Prep). March 17, 2011 There are many types of disruptions that can occur to impact an organizations' ability to continue providing their products and services. Having a program in place that provides a structure to follow in order to restore that ability is critical...According to the Institute for Business and Home Safety approximately one-fourth of all businesses that have operations suspended due to a disruption never reopen. Over the past 10 years there has been increased attention given to the importance of organizational resiliency and recovery capability for communities they support...This latest version provides the flexibility to be used with international BC standards in a similar manner" stated Scott Ream, president of Virtual Corporation...Within those competencies are over 270 measurement criteria to be used to quantify BC program. Included are the four pillars of any business continuity program: Incident Management, Security Management, Technology Recovery, and Business Recovery...Companies can train their internal business continuity or audit professionals or engage an external consultant to perform an independent assessment. Assessment results and scoring can be used for investment, insurance, certification preparations, and other financial and risk management decisions...In addition, this update provides an effective means to not only strengthen BC program, but to also take the initial steps toward certification to other standards...About Virtual Corporation Virtual Corporation is a software and consulting services company that assists organizations to implement sustainable business continuity (BC) programs. Virtual Corporation's software solution, Sustainable Planner®, empowers managers to implement a sustainable process to build, update and maintain their own business continuity plans allowing business continuity professionals time to analyze exposure, enhance preparedness, and consult with business. Virtual provides a variety of Business Continuity services including: Business Impact Analysis, Hazard Vulnerability Analysis, Supply Chain Risk and Resiliency Assessments, Enterprise Business Continuity Program Design and Implementation, Business Continuity Maturity Model® Assessments and BC/DR Exercise Facilitation.