Risk Assessment and Analysis: Cyberspace IT conducts thorough risk assessments to identify potential threats and vulnerabilities to their IT infrastructure and services. This includes natural disasters, cyber-attacks, hardware failures, software glitches, human errors, etc.
Business Impact Analysis (BIA): Cyberspace IT performs a BIA to determine the potential impacts of disruptions on their business operations, including financial losses, reputational damage, regulatory non-compliance, and customer dissatisfaction.
Business Continuity Planning (BCP): Cyberspace IT develops and maintains comprehensive BCPs that outline the procedures, protocols, and resources required to ensure the continuity of critical IT functions during emergencies. This includes detailed response and recovery plans tailored to different types of incidents.