Description
"Operational resilience is the ability of an organization to adapt and continue to operate effectively in the face of unexpected disruptions, such as natural disasters, cyber-attacks, or other crises. It involves the ability to quickly detect and respond to disruptions, minimize their impact, and maintain critical business functions.
Operational resilience frameworks provide a systematic approach for organizations to build resilience into their operations. These frameworks typically involve four main steps:
Identify: Organizations must identify their critical business processes, systems, and dependencies. This involves understanding the various functions and processes that are essential to the organization's operations and identifying any potential vulnerabilities.
Protect: Organizations must take steps to protect their critical assets and functions. This can include implementing robust cybersecurity measures, creating redundancy in critical systems, and ensuring appropriate backup and recovery procedures are in place.
Detect: Organizations must have the ability to quickly detect any disruptions or potential threats to their operations. This involves implementing monitoring and alerting systems that can quickly identify and report any anomalies.
Respond: Organizations must have a plan in place to respond to disruptions and ensure continuity of critical business functions. This can include having clear procedures for communication, backup and recovery, and alternative work arrangements."
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