What is a Business Impact Analysis (BIA)? The EBA Guide EBA/GL/2019/04 provides guidelines for the management of ICT and security risks. In the business impact analysis, serious business interruptions are analyzed and their potential impact (including the impact on confidentiality, integrity and availability) is evaluated quantitatively and qualitatively. They should use internal and/or external data (e.g. data […]

What is a Business Continuity Plan (BCP)? The business continuity plan (BCP) serves to ensure the continuity of business operations. The BCP should be approved and documented by the governing bodies. Risks that may have a dysfunctional impact on ICT systems and ICT services should be taken into account in particular. The BCP should promote the protection […]

Why do I need a Business Continuity Plan (BCP)? The EBA Guide EBA/GL/2019/04 provides guidelines for the management of ICT and security risks. The BCPs ensure you can respond appropriately to potential outage scenarios and have the ability to recover from disruptions. The BCP shall specify the following: # recovery time objective (RTO): target recovery time and the maximum […]

What must the emergency plan include? The MaRisk provide guidelines for the management of security risks. The emergency concept must include recovery and business continuity plans. It must ensure that alternative solutions are available promptly in an emergency. The recovery plans aim to enable a return to normal operations within a reasonable period of time. Appropriate internal and […]

How to give feedback? The goal of feedback is to help employees improve their performance. We want employees to improve their performance. Make a valuable contribution to the team. We want our company to become a workspace where employees can communicate openly with each other in order to develop and improve their performance. # How to give feedback? Over the […]