What is the importance of business continuity plan?

What is business continuity plan? why it is important?

Business Continuity Plan is a strategic process designed and implemented to help organizations quickly cope with major incidents like floods, fire, cyberattacks that could disrupt the entire business operation. It draws out a complete set of guidelines for organizations to follow when an incident occurs.Having BCP in place gives businesses the best chance of survival in an event of an incident. However, it is important to note that the Business Continuity Plan is very different from the Disaster Recovery Plan. Disaster Recovery Plan which is just a part of the entire Business Continuity Plan is a strategy that mainly focuses on restoring an IT infrastructure and operations after the incident occurrence.

Why business continuity plan is important?
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