Security & Risk Management Seminar

Business Continuity Risk Assessment & Resource Allocation

Presentation Abstract

Having an institution-wide Business Continuity (Disaster Recovery) Plan is a regulatory requirement for every form of financial institution. What institutions often overlook are the issues relating to resource allocation -- the necessary "people, places and things" that are identified during the risk assessment process. The institution must maintain realistic and practical solutions to resolving the critical resource allocation issues that are likely to impact the institution, including:

l        People: Employees, insiders, institution-affiliated parties (and their families), customers, vendors and third-party service providers

l        Places: Facilities that the institution owns, manages, maintains, leases or controls

l        Things: Assets, equipment, supplies, records and documents

You will learn disaster prevention and business recovery strategies, planning techniques and action tactics that you can use yourself -- and that you can then teach to others within your institution. You will also learn how to identify the real sources of loss exposure within your institution; the obvious and not-so-obvious methods for using your institution's resources effectively -- before and during any type of disaster; and the most successful methods for reinstalling all of your institution's components in the shortest amount of time.

Presentation Topics

l        What Resource Allocation Issues Should The Business Continuity Plan Address?

l        Your Institution's Business Continuity Scenario Test

l        Business Continuity Planning & Implementation Guidelines

l        Hypothetical Disasters: Could These Happen To You?

Presentation Objectives

This presentation is designed to help you:

l        Identify and describe the institution's components that are most likely to be affected during a disaster

l        Conduct an institution-wide risk assessment that emphasizes effective resource allocation

l        Assess the impact of this risk assessment upon the institution and its resources

l        Design or recommend appropriate changes to the institution's existing resource allocation process

Presentation Audience

l        Security Officers

l        Business Continuity Team members

l        Board of Directors

l        Auditors

l        Human Resources Managers

l        Facility Managers

l        Training Managers

l        Compliance Officers

Presentation Tools

l        Workbook text

Last updated on January 8, 2008