To determine the relationship between Business Continuity Management (BCM), Disaster Recovery Planning (DRP) and Crisis Management, these first need to be defined. BCM is the process of planning for disruptive incidents so that any damage and down time resulting from the incident, will not have extensive impact on the business.
Digital is the New Normal; digitisation is transforming every aspect of life as we know it, and industry is taking the lead. Today, we have digitised banking, publications and purchasing; as well as digitised teaching, learning, knowledge acquisition and service delivery. Digitisation is becoming all-pervasive, and unfortunately, so are the
Risk management is, to a great extent, about the psychology of managing risk. People have to accept that there is risk to begin with, then understand how to deal with it. In the process, they develop individual perspectives and approaches to risk which are further supported by organisational systems and processes.
Technology – everybody wants it; it gets more valuable by the hour. As businesses move forward, it becomes a necessity, no more a luxury. But different parts of the world have different rules and regulations, and these need to be recognised – which means managing technology risks better in order