contingency plan
A contingency plan is an arrangement of action designed to assist an organization response or curb effectively to a significant future event or situation which may not take place. It is a time referred to as plan B because it can also be utilized as an alternative for action if expected results fail to materialize. Contingency plans should be tested more often. In any organization, it is essential to find what needs to be tested as this helps in saving the firm for various uncertainties. Other things that show how an organization need to be tested is when things or activities for an organization are not properly functioning. In case when an organization is experiencing loses or something malicious just occurred, then this calls for the contingency plans to be tested. By determining what needs to be tested, an organization through its information security officer should review the contingency plan to choose the essential procedures that ought to be tested and revised periodically to ensure that all elements of the contingency plan remain updated and active.
By being a Chief Information Security Officer, I would use the following ways to develop contingency plans. I will begin with creating an official policy as this will be essential to take me through the whole process of developing a contingency plan. This will act as a policy that will help the employees that will guide them before I complete developing the plan. The second step is gathering the resources required for the contingency plan. This will include making a list of essential resources that the company will have to access to and can use in the event of an emergency or recovery strategy. The third step is using risk assessment. This entails utilising the business impact analysis, which is used to determine the possibility of a specific scenario taking place and its potential impact on the most critical business processes. BIA in this can help in determining the future risk and maintain a company prioritize what should be planned for first. After this, the next step of developing a contingency plan will be drafting the project, testing the plan, updating the plan and lastly brainstorming unlikely scenarios. This steps will help me as a Chief Information Security Officer to develop a contingency plan.