What is the security and resilience Business Continuity Management System?
The ISO 22301 is a framework for an organisation/business to systematically approach and meet Business Continuity Management System (BCMS) requirements. It also specifies the requirement to implement and manage your BCMS in order to protect against and reduce the likelihood of a disruptive incident, for example the COVID-19 pandemic. Organisations with proper ISO 22301 in place would be able to respond swiftly to incidents and plan ahead on recovery procedures from disruptions when they occur.
Having an effective BCMS is important for all types of organisation, regardless of business sectors, size and nature of the business.
The benefits of ISO 22301:2019
Ensure continuity of business operations: A BCMS helps maintain an organisation’s service levels to its customers. BCMS helps business leaders to assess the potential impacts of an operational disruption, make the right decisions quickly, deploy an effective response and minimise the overall impact to organization.
Protect assets, turnover and profits: Effective business continuity management (BCM) enables organisations to protect their income after an incident or disaster, while reducing the risk of further losses.
Increase competitive advantage and enhance corporate reputation: Organisations with an ISO 22301-compliant BCMS can improve customer confidence in the organisation’s ability to respond to incidents.
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