IT Examiner School, Providence, RI

Identify Risk Management Strategies

Develop processes to minimize disruptions of  service to the institution’s customers and  operations.

Ensure plans and agreements are  in place with vendors.

Provide employee training.

Risk Management Strategies to Minimize Service Disruptions

Identify an alternative or back‐up site and/or subscribe to a disaster  recovery service

Detail backup and off‐site storage procedures 

List applications to be brought up in given timeframes

Ensure that sufficient resources are available to meet the timeframes

Create procedures for how the institution will exchange information  with service providers and third parties from the backup location