What is a Business Continuity Plan (BCP)? From what it should include, to testing, to SOC 2 audit considerations, here's what you should know & why it's critical. BCP is a system of prevention and recovery from potential threats to a company. Learn how BCP works, what it involves, and why it is important for risk management and profitability. A Business Continuity Plan (BCP) is an essential framework that organizations across all industries use to prepare for, respond to, and recover from unexpected disruptions. A business continuity plan is a risk management strategy that a business implements to protect its operations in the face of an unexpected event or disruption such as a natural disaster, cyberattack, or technological failure. By anticipating and preparing for potential crises or unplanned eventualities, businesses can take preemptive measures to ensure they remain operational and maintain a sense of normalcy despite interruptions. The business continuity planning process enables businesses ...
