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 important or critical business services, leading to unacceptable impacts.
Note (1): is used within operational resilience to stress test the impact tolerances that have been developed for important 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