2013: Emerging business continuity trends

For enterprises seeking to identify impacts that emerging technology trends can have on business continuity management, global IT association ISACA released a new white paper titled Business Continuity: Emerging Trends.

The free white paper provides an overview of the impacts, benefits and opportunities of four emerging technologies as they relate to BCM: virtualisation, cloud computing, mobile devices and social networks. It identifies challenges, and governance, assurance and risk management practices.

“ISACA’s annual IT Risk/Reward Barometer survey demonstrate that enterprises are still wary of mobile computing issues, such as BYOD, and of hybrid and public cloud,” said Salomon Rico, information and technology risk services partner at Deloitte in Mexico, and chair of the white paper’s development team. “The findings indicate that enterprises are cautiously accepting the technologies in order to reap the benefits they present, and underscore the need for enterprises to be diligent and plan for them in their BCM strategies.”

Recognising factors that impact business continuity can help enterprises build resilient infrastructures, design sustainable supply chains, and define communication and contingency procedures to restore critical business operations within acceptable recovery times. BCM should evolve as business practices and emerging technologies continue to shape the business landscape, and should address:

•Greater customer expectations
•Increased regulatory and legal requirements
•The enterprise’s strategic planning to ensure proper alignment
•Continuous improvement through regular reviews, testing and updates

“ISACA’s new BCM guide does the legwork of identifying the trends that will impact enterprises’ risk profiles,” said Rico. “Managing these risks enables senior management to make better decisions for aligning BCM with business and IT strategies to meet shareholder, customer and regulatory expectations, and improve resilience and recovery capabilities.”

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