Business Continuity (BC)
| 1. Business Continuity or BC aims to safeguard the interests of an organization and its key stakeholders by protecting its critical business functions (CBFs) against predetermined disruptions.
(Source: ISO 22301:2012 – Societal Security – Business Continuity Management Systems - Requirements) - clause 3.3
(Source: British Standard BS25999-1:2006 Code of Practice for Business Continuity Management)
4. A comprehensive managed effort to prioritize key business processes, identify significant threats to normal operation, and plan mitigation strategies to ensure effective and efficient organizational response to the challenges that surface during and after a crisis.
(Source: ASIS International - ASIS International)
(Source: HB 221:2004 Business Continuity Management)
6. An ongoing process supported by senior management and funded to ensure that the necessary steps are taken to identify the impact of potential losses,maintain viable recovery strategies,recovery plans,continuity of services.
(Source: NFPA 1600 Standard on Disaster/Emergency Management and Business Continuity Programs, NFPA 1600:2007)
(Source: Australia. A Practitioner's Guide to Business Continuity Management HB292 - 2006 )
8. The capability to provide continuous key services to customers and business partners at an expected level regardless of the circumstances.
(Source: Malaysia BCM Standard MS1970:2007)
9. A proactive process which identifies the key functions of an organisation and the likely threats to those functions
(Source: Business Continuity Institute - BCI)