When developing the BCP, financial institutions should carefully consider the assumptions on which the BCP is based. Institutions should not assume a disaster will be limited to a single facility or a small geographic area. Additionally, institutions should not assume they will be able to gain access to facilities or that critical personnel (including senior management) will be available immediately after the disruption. Public transportation systems such as airlines, railroads, and subways also may not be operating, and telecommunication systems may be overburdened and unavailable.
Business Continuity Plan Development
Internal and External Components