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Assuming you have the results of the Business Impact Analysis and risk assessment in hand, discuss in detail steps in selecting a strategy. Reference one additional article, in addition to the textbook itself.

Format: Times 12, 1 inch margin, minimum of 2.5 pages double spaced (not counting references and other information such as your name, etc.)

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The attached content supports to navigate towards the core objectives of completing this paper

Text book :

Title: The Disaster Recovery Handbook

Subtitle: **PLEASE SEE BOOKSTORE LINK BELOW TO PURCHASE REQUIRED MATERIALS

Authors: Michael WALLACE, Lawrence WEBBER

Publisher: AMACOM

Publication Date: 2017-12-28

Chapter 3: Evaluating Risk

Terms

Risk

How likely this is to happen and how badly it will hurt.

Disaster

An event that disrupts a critical business function

Business Interruption

Something that disrupts the normal flow of business operations.

Attributes of Risk

Risk

Predictability

Location

Impact

Advanced Warning

Time of Day

Scope

Day of Week

Likelihood

Risk Analysis

Process that identifies the probable threats to your business

Analysis used as basis for assessment later in the process

Assessment compares risk analysis to what you have in place

Begins with determining what are essential functions to business

Scope

Determined by the potential damage and/or cost

Cost of downtime

Cost of lost opportunity

Five Layers of Risk

External Risk

Risk to local facility

Data systems

Individual department

Own workstation

External Risk

Natural Disaster

Fire

Hurricanes

Storms

Earthquake

Tornado

Civil Risk

Riots

Labor Disputes

Manufactured Risk

Industrial Sites

Transportation

Facility-wide Risk

Electricity

Telephones

Water

Climate Control

Data Network

Data Systems

Data Communication Network

Telecomm System

Data Systems

Shared computers and LANs

Viruses

Departmental Risk

Key Operating Equipment

Lack of Data Systems

Vital Records

Desk’s risk

Determine Tools Used

Locked Down?

Severity of Risk

Time of Day

Day of Week

Location

Making the Assessment

Scoring

Sorting

Analyze the data

Summary

Determine cost of downtime

Identify risks at five layers

Determine impact of risk

Identify outside sources

Prioritize risks

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