We always watch news and other white papers that are being published to gauge what topics are trending up. This white paper got our attention today mostly because the topics of BCP and DR, which were gaining momentum in 2012 but were pushed aside in 2013 as regulators chose to focus on vendor and third party risk management. The white paper really is just a simple primer, or checklist, for establishing a business continuity program. What caught our eye was the absence of commentary about Business Operations continuity. So many business operations have outsourced functions that operational business continuity is virtually synonymous with vendor business continuity. We’re excited about the integration of our BCPINSIGHT™ web-based solution into VendorINSIGHT® and think we’re well ahead of the game as BCP and DR regain some of the top spots in the ERM dialogue in the coming year! With the BCP module, even your vendors can participate in your online tabletop exercises.
What happens if you suddenly lose your point of contact (POC) at a vendor? A POC is an individual or a specific department who acts