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Management
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Research Paper
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English (U.S.)
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Topic:

The Importance of Business Continuity and Disaster Recovery Plans

Research Paper Instructions:

Brief Overview:
You are an IT system manager working for the KION Group with the main headquarters in Frankfurt, Germany. Forklift trucks and warehouse automation equipment are the company's main products.

A disaster that destroys half or all of a modern business's data center is the worst-case scenario. This includes all of the computers and discs inside it. While such a scenario is uncommon, it is possible, and not just in the event of a major natural disaster, such as an earthquake or electrical surges due to a storm. These circumstances can permanently destroy data centers.

The strength of the KION group is determined by the quality of a business impact analysis (BIA). Because this is the blueprint that will get you out of any situation, no matter how big or small, you can navigate easily if the map is well-made. However, if the information is out of date, incomplete, or otherwise compromised, you will have difficulty getting back to business as usual.

Ensuring you have offsite backups of your data is the greatest approach to preparing your organization for a disaster like this. If your production data is stored on-premises in one of your data centers, you'll need to make backups of it in a different data center, or the cloud. If your data is stored in the cloud, you have the option of backing it up to local storage, another cloud, or another area of the same cloud.

It is essential to restore backup data on new infrastructure as quickly as possible. Moving significant volumes of data via the Internet takes a long time, so it's not a good idea in the event of a crisis. Moving physical copies of discs from one location to another could be faster in some situations. Alternatively, it may be faster and easier to set up new servers in the data center where your backup data is stored, link them to the backup data, and then use them as production servers.

Because your team is performing so well, senior management at the KION group decided that your team must establish a business continuity plan (BCP) and a disaster recovery plan (DRP) to deal with difficulties that may arise now or in the future. You've been tasked with creating these new plans

Instructions:
Write a 3–4 page paper answering the following questions and use as a minimum of five resources. Note: Wikipedia and similar websites do not qualify as quality resources:
1.Summarize the primary purpose of a BIA, including why a BIA is often classified as confidential.
(Helpful Note: Thoroughly summarizes the primary purpose of a BIA, including why a BIA is often classified as confidential.)
2.Explain how a BIA helps evaluate data and categorize risks with respect to technology, individuals, and the organization in regard to the above scenario.
(Helpful Note: Thoroughly explains how a BIA helps evaluate data and categorize risks with respect to technology, individuals, and the organization in regard to the above scenario.)
3.Explain the purpose of a BCP, including how a BCP helps to mitigate risks in regard to the above scenario, and recommend two best practices to follow when creating a BCP.
(Helpful Note: Thoroughly explains the purpose of a BCP, including how a BCP helps to mitigate risks in regard to the above scenario, and recommend two best practices to follow when creating a BCP.)
4.Explain the purpose of a DRP, including how a DRP helps to mitigate risks in regard to the above scenario and recommend one best practice to follow when creating a DRP.
(Helpful Note: Thoroughly explains the purpose of a DRP, including how a DRP helps to mitigate risks in regard to the above scenario and recommend one best practice to follow when creating a DRP.)

Research Paper Sample Content Preview:

The Importance of Business Continuity and Disaster Recovery Plans
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The Importance of Business Continuity and Disaster Recovery Plans
Question 1
A business impact analysis (BIA) involves the collection of data to establish the impact or consequences of the disruption of a business, its processes, and functions (Gibson & Igonor, 2022; Ready.gov, 2021). The purpose of a BIA is to not only collect relevant data but also to identify the systems that are essential to the business's survival. This includes the identification of critical success factors, critical business functions, and maximum acceptable outages (Gibson & Igonor, 2022). These are essential aspects of business continuity that must be put into consideration. When the relevant information is collected, it becomes easier for the business to develop risk reduction and recovery strategies (Ready.gov, 2021). As such, the BIA's purpose is also planning for contingencies. Gibson and Igonor (2022) reveal that BIA drives the creation and maintenance of contingency plans. The BIA identifies the financial and operational impacts of the disruption in the form of loss/delay of income, penalties from broken contracts, regulatory fines, delay of business plan implementation, increase in business expenses, and loss of reputation, among other direct and indirect costs. According to Paunescu et al. (2018), BIA identifies factors and processes that are critical to the business. As such, it is considered confidential because these factors and processes are sensitive and critical to the survival of the business. If it fell into the wrong hands, it could compromise the survival of the business.
Question 2
A BIA collects data from different stakeholders in the business to ensure that each stakeholder provides information about the possible consequences of disruption in the areas they are responsible for (Ready.gov, 2021). Once this information is collected, the BIA evaluates it and categorizes it in terms of costs, preferably financial costs. This allows the identification of essential human resources and technology necessary for ensuring that the disruption does not exceed the maximum acceptable outage (Gibson & Igonor, 2022). It also allows for the prioritization of business processes and functions based on the strength of their impact on the business in the event of a disruption. As such, the most impactful business process/function is recovered first. Also, it helps in risk categorization by linking potential risk to every aspect of the organization (Gibson & Igonor, 2022). For instance, with respect to technology, the BIA for Kion Group would categorize the risk in terms of loss or damage to information technology, such as damages to the servers, data, and operating systems (Ready.gov, 2021). With respect to individuals, the risk would be categorized in terms of employees and suppliers. These are critical success factors that allow the...
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