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With recent threats of flu pandemic outbreaks and terrorist attacks, financial institutions should be well-prepared for unexpected circumstances and conduct business continuity planning on an enterprise-wide basis. In enterprise-wide business continuity planning an institution should considers every critical aspect of its business in creating a plan for how it will respond to disruptions. It is not limited to the restoration of information technology systems and services, or data maintained in electronic form, it shall include personnel, communication to personnel/public and physical workspace.
Business Continuity Plan should include the following:
- Communication Management
- Resource Management
- Connectivity Management
- Data Management
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