Business Continuity Consulting Services and effective Business Continuity Planning can prevent a disruption of network services or other operations—disruptions that can result in partial or complete loss of operations for your bank.  The costs of this lost service can be used to determine the return on investment for business continuity practices.

Business Continuity Planning factors are listed In the FFIEC IT Examination Handbook/Business Continuity Planning (BCP) Booklet designed for the financial industry. It lists the following six factors as critical aspects of effective Business Continuity Planning:

• Business Continuity Planning should be conducted on an enterprise-wide basis.
• Business Continuity Consultants at LOCKNET can provide a thorough business impact analysis and risk assessment, both of which make up the foundation of an effective Business Continuity Plan.
• Business Continuity Planning is more than the recovery of the technology; it is the recovery of the business.
• The effectiveness of a Business Continuity Plan can only be validated through thorough testing by LOCKNET's Business Continuity Consultants.
• The Business Continuity Plan and test results should be subjected to an independent audit by a Business Continuity Consultant.

To ensure that your business continuity plan is effective, LOCKNET's consultants will review your plan and recommend updates needed in order to reflect and respond to changes in your institution.