From BCMpedia. A Wiki Glossary for Business Continuity Management (BCM) and Disaster Recovery (DR).
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1. Plausible Scenario is a realistic event that could disrupt the delivery of critical business services , leading to unacceptable impacts.
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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) : 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
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A Manager’s Guide to Operational Resilience (eBook)