Plausible Scenarios

1. Plausible Scenario is a realistic event that could disrupt the delivery of critical business services, leading to unacceptable impacts. Click to know more OR courses Plausible Scenario: Note (1): is used within operational resilience to stress test the impact tolerances that have been developed for critical business services and to identify weaknesses, vulnerabilities, and associated mitigating actions. Note (2): includes risk resulting from disruption to cyber, technology, people, third-party dependency, pandemics and disasters. Note (3): is a realistic event that could disrupt the delivery of critical business services, leading to unacceptable impacts. Note (4): is used within operational resilience to stress test the impact tolerances that have been developed for critical business services. Note (5): requires the board of directors to consider a broad range of severe but plausible scenarios, including: lockdown due to pandemic cyber security incidents including credential and identity theft; data theft and manipulation; disruptive and destructive malware; emerging technologies: blockchain, cryptocurrency and artificial intelligence; and disinformation catastrophic natural disasters. Related Terms: Plausible Scenarios, Severe but Plausible Scenarios, Impact Tolerance BCM Institute's Professional Training and Certification BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1B: Foundation (BC) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1C: Foundation (CM) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1CC: Foundation (CC) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1D: Foundation (DR) BCMBoK Competency Level BCMBoK 0: OR Fundamentals CL 1OR: Foundation (OR)

A Manager’s Guide to Operational Resilience (eBook)