Catastrophes may strike at any time without warning, and any firm that's caught unprepared may struggle to get back on its feet. To protect your firm from complete collapse, you need a business continuity plan (BCP).
What is a business continuity plan (BCP)?
A BCP details how a company can stay operational during an unplanned interruption caused by either a natural calamity (e.g., flash flood) or human-made disaster (e.g., ransomcloud attack). Stakeholders and key personnel create this plan in anticipation of such adverse events so that staff members, company data and systems, and physical assets are all protected.