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BCM Challenges in Indian Banking Industry - DRI-India

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BC <strong>Challenges</strong> - Test<strong>in</strong>g of BC PlansObjectives and Benefits• Organisation must test the effectiveness of their BC plans.• At the m<strong>in</strong>imum all BC plans <strong>in</strong>clud<strong>in</strong>g <strong>in</strong>cident management plans must betested at-least once a year or <strong>in</strong>case of any major change <strong>in</strong> the orgn• Test<strong>in</strong>g should be both modular and <strong>in</strong>tegrated• Test<strong>in</strong>g is more about review<strong>in</strong>g and improv<strong>in</strong>g. Its not about pass<strong>in</strong>g or fail<strong>in</strong>g.• Test<strong>in</strong>g provides opportunity for staff to ga<strong>in</strong> familiarity with their bus<strong>in</strong>esscont<strong>in</strong>uity roles and help them perform their expected activities.• A good test<strong>in</strong>g approach builds camaraderie across diverse functions <strong>in</strong> anorganisation. It is a strong team build<strong>in</strong>g event• All bus<strong>in</strong>esses/functions based out of a site are required to participate(depend<strong>in</strong>g on the exercise scenario)• Outcomes of BC tests results br<strong>in</strong>gs out gaps <strong>in</strong> an orgn BC Plans . Such gaps canbe covered with a focussed approach• Test reports are key documents from Audit/Regulatory perspective© 2012, www.periculum.<strong>in</strong> Internal29

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