APPENDIX 2: BUSINESS CONTINUITY STANDARDS

DR and BC processes - as with any emerging science or area of knowledge are becoming more and more mature. For example, there are almost universal or in-country standards in financial accounting, so that an accountant can move from one organisation to another and still be able to practice accounting. Though organisations can frame and implement their own workable BC practices, they can very soon hit certain limitations and roadblocks. There is a need for universally recognised standards and practices that can be adopted and implemented in any industry. After the international terrorist attacks, financial scandals and hacking cases of the last few years, government agencies and business owners have been ...

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