Discussion
This week's topics relate to the following Terminal Course
Objectives (TCOs).
A
Given information system assets, underst& rudimentary principles of risk assessment in order to identify & valuate the assets using q
quantitative metrics. Underst& how a disaster event is defined & quantified, & how Business Continuity Plans (BCP) fit into the NIST SP
Interrelationship of Emergency Action Plans framework.
Click on the links in the "Topics" section to view the discussion topics. Then, click "Respond" to add your thoughts to the discussion thread.
Week 1: Defining BCP's – Discussion
Discussion 2
The rationale for contingency planning (graded)
What is the relationship between technology & competitive advantage in today's economy? Why is it so important to consider IT risk management, disaster reco
Responses are listed below in the following order: response, author & the date & time the response is posted.
ResponseAuthorDate/Time
(an instructor response)
, RE: The Rationale for
Contingency Planning Tony Thephasone 2/28/2016 7:37:40 AM
For any business that has a huge IT presence, keeping back-end systems running is absolutely essential because those back-end systems provide the necessary
processing capabilities needed to accelerate business capabilities. For an insurance company, there could potentially be millions of transactions for policies needi
scheduled batch basis due to online processing being too slow for that purpose. Should that system go down for any reason, there will be huge implications for the
there are millions of dollars going through those batch processes that will be greatly compromised should the system experience significant downtime. That is why
process goes past its scheduled SLA because at that point there is a potential that the system is experiencing major issues & conversely, will not be able to h&le im
that serve as a company's profits.
RE: The Rationale for
Contingency Planning WC Jefferson 2/28/2016 11:59:08 PM
The connection between keeping information systems up & running & a business' competitive advantage is a matter of failure & success. When the information sys
the opportunity for a company to make a profit in the market & become successful. The business' competitive advantage keeps a company strong in the market in
competitors continue to grow. The company will begin offering various products & services just to stay ahead of companies. By maintaining an advantage in the m
better than its competitors.
RE: The Rationale for
Contingency Planning Victor Acevedo 2/29/2016 8:04:07 PM
Modified:2/29/2016 8:05 PM
Organizations are competing in a global market where time & distance have little to no meaning. With competition being so intense, companies have to ensure tha
for their goods & services & minimize the risk of any threats. The concepts of risk analysis & mitigation are relevant to all areas of business & scales of organization
have been applied more & more to the IT industry where the risk of failing IT systems can be disastrous for an organization. Every organization big or small conduc
systems & networks. Considering all the end-user equipment, software, applications, databases, & networks an organization uses to conduct business, it is imperat
these vital organizational assets while ensuring a high level of availability to their customers.
According to a report of a survey aimed at the Fortune 1000 by Stephen Elliot of IDC released in December, 2014:
• The average total cost of unplanned application downtime per year was $1.25 billion to $2.5 billion.
• The average hourly cost of an infrastructure failure was $100,000 per hour.
• The average cost of a critical application failure per hour was $500,000 to $1 million.
, system.
The main connection between keeping our information system up ( this means disaster recovery ) & running (Business Continuity Plan) is a greatest strategy for co
RE: The Rationale for
Contingency Planning Alan Ta 3/1/2016 7:12:05 PM
The making of a disaster contingency plan information technology (IT) will help us to be able to avoid or reduce damage to the information system if disaster stri
must be done before the event actually occurs, a backup archive to be done regularly & must ensure that they can be recovered after a disaster. In the plan, also ne
whom, & how?
On the other h& IT contingency plan (scale, goals, ability to perform ...) depends on the size & nature of information systems, such as IT contingency plans of secur
not be the same with iT plans of a business, whether it is large-scale enterprises. This article is intended for the issue of contingency plans of the business.
The goal of disaster backup plan is IT to the maximum to reduce the impact of disasters to business operations of the business & the important activities at the cente
objectives include: Establishing measures can operate interchangeably; Training personnel to operate the disaster recovery process; Minimize disruptions of the nor
conditions for the recovery process takes place smoothly & quickly.
RE: The Rationale for
Keith Fiala 3/1/2016 9:28:58 PM
Contingency Planning
A company can lose its reputation of being reliable if its business operations are disrupted by a disaster without a contingency plan to either seamlessly transition
site or somehow minimize the downtime caused by a disaster. As more activities, including financial transactions traverse systems & these systems are being mor
all over the world, a disruption to those activities can damage a company’s reputation so badly the competitors could persuade clients to switch company’s. A good
disruptions to mobile phone services. Lengthy outages would cause customers to switch mobile phone companies despite a competitive advantage like greater b&w
contract lengths. The damages caused by losing a competitive advantage can eventually lead to the end of the company’s existence. This displays the relationship
information systems up & running, & a business’s competitive advantage.
RE: The Rationale for
Contingency Planning Sean Hunt 3/1/2016 9:42:17 PM
With the increase in eCommerce & the reach of the internet, businesses live & grow by online activity. Marketing, promoting, advertising, sales, it's all living on the
This week's topics relate to the following Terminal Course
Objectives (TCOs).
A
Given information system assets, underst& rudimentary principles of risk assessment in order to identify & valuate the assets using q
quantitative metrics. Underst& how a disaster event is defined & quantified, & how Business Continuity Plans (BCP) fit into the NIST SP
Interrelationship of Emergency Action Plans framework.
Click on the links in the "Topics" section to view the discussion topics. Then, click "Respond" to add your thoughts to the discussion thread.
Week 1: Defining BCP's – Discussion
Discussion 2
The rationale for contingency planning (graded)
What is the relationship between technology & competitive advantage in today's economy? Why is it so important to consider IT risk management, disaster reco
Responses are listed below in the following order: response, author & the date & time the response is posted.
ResponseAuthorDate/Time
(an instructor response)
, RE: The Rationale for
Contingency Planning Tony Thephasone 2/28/2016 7:37:40 AM
For any business that has a huge IT presence, keeping back-end systems running is absolutely essential because those back-end systems provide the necessary
processing capabilities needed to accelerate business capabilities. For an insurance company, there could potentially be millions of transactions for policies needi
scheduled batch basis due to online processing being too slow for that purpose. Should that system go down for any reason, there will be huge implications for the
there are millions of dollars going through those batch processes that will be greatly compromised should the system experience significant downtime. That is why
process goes past its scheduled SLA because at that point there is a potential that the system is experiencing major issues & conversely, will not be able to h&le im
that serve as a company's profits.
RE: The Rationale for
Contingency Planning WC Jefferson 2/28/2016 11:59:08 PM
The connection between keeping information systems up & running & a business' competitive advantage is a matter of failure & success. When the information sys
the opportunity for a company to make a profit in the market & become successful. The business' competitive advantage keeps a company strong in the market in
competitors continue to grow. The company will begin offering various products & services just to stay ahead of companies. By maintaining an advantage in the m
better than its competitors.
RE: The Rationale for
Contingency Planning Victor Acevedo 2/29/2016 8:04:07 PM
Modified:2/29/2016 8:05 PM
Organizations are competing in a global market where time & distance have little to no meaning. With competition being so intense, companies have to ensure tha
for their goods & services & minimize the risk of any threats. The concepts of risk analysis & mitigation are relevant to all areas of business & scales of organization
have been applied more & more to the IT industry where the risk of failing IT systems can be disastrous for an organization. Every organization big or small conduc
systems & networks. Considering all the end-user equipment, software, applications, databases, & networks an organization uses to conduct business, it is imperat
these vital organizational assets while ensuring a high level of availability to their customers.
According to a report of a survey aimed at the Fortune 1000 by Stephen Elliot of IDC released in December, 2014:
• The average total cost of unplanned application downtime per year was $1.25 billion to $2.5 billion.
• The average hourly cost of an infrastructure failure was $100,000 per hour.
• The average cost of a critical application failure per hour was $500,000 to $1 million.
, system.
The main connection between keeping our information system up ( this means disaster recovery ) & running (Business Continuity Plan) is a greatest strategy for co
RE: The Rationale for
Contingency Planning Alan Ta 3/1/2016 7:12:05 PM
The making of a disaster contingency plan information technology (IT) will help us to be able to avoid or reduce damage to the information system if disaster stri
must be done before the event actually occurs, a backup archive to be done regularly & must ensure that they can be recovered after a disaster. In the plan, also ne
whom, & how?
On the other h& IT contingency plan (scale, goals, ability to perform ...) depends on the size & nature of information systems, such as IT contingency plans of secur
not be the same with iT plans of a business, whether it is large-scale enterprises. This article is intended for the issue of contingency plans of the business.
The goal of disaster backup plan is IT to the maximum to reduce the impact of disasters to business operations of the business & the important activities at the cente
objectives include: Establishing measures can operate interchangeably; Training personnel to operate the disaster recovery process; Minimize disruptions of the nor
conditions for the recovery process takes place smoothly & quickly.
RE: The Rationale for
Keith Fiala 3/1/2016 9:28:58 PM
Contingency Planning
A company can lose its reputation of being reliable if its business operations are disrupted by a disaster without a contingency plan to either seamlessly transition
site or somehow minimize the downtime caused by a disaster. As more activities, including financial transactions traverse systems & these systems are being mor
all over the world, a disruption to those activities can damage a company’s reputation so badly the competitors could persuade clients to switch company’s. A good
disruptions to mobile phone services. Lengthy outages would cause customers to switch mobile phone companies despite a competitive advantage like greater b&w
contract lengths. The damages caused by losing a competitive advantage can eventually lead to the end of the company’s existence. This displays the relationship
information systems up & running, & a business’s competitive advantage.
RE: The Rationale for
Contingency Planning Sean Hunt 3/1/2016 9:42:17 PM
With the increase in eCommerce & the reach of the internet, businesses live & grow by online activity. Marketing, promoting, advertising, sales, it's all living on the
