2 CSS 380 IP4 Alvaro Ovando Colorado Technical University CSS380 Introduction The

2
CSS 380 IP4
Alvaro Ovando
Colorado Technical University
CSS380
Introduction
The purpose of the business continuity plan is to identify the procedures and approaches that Triangle Corporation will employ to keep business running after disruptive events by potential hazards. Therefore, the plan will include a risk assessment to identify the specific assets and operations prone to damage or harm caused by potential hazards. The risk assessment will also examine the specific potential hazards alongside the assets or operations they could harm. Furthermore, the risk assessment will explore the hazards’ scenarios, mitigations, and occurrence probabilities. Additionally, the plan will analyze the business impact of risks of the hazards on assets, operations, property, or environment within the existing mitigation strategies. The plan will also evaluate the overall rating of each hazard. The plan will as well constitute an incident response for the threat or occurrence of the hazards from an information technology perspective. 
Risk Assessment on Assets or Operations
People
           There are two types of hazards likely to cause harm to people at Triangle Corporation upon occurrence. The first type comprises floods, tornadoes, and storms. The occurrence of any of the events could be in high magnitudes that could kill hundreds of people. The mitigation strategies for the three events would be to have employees work from home or insurance against bad weather. Additionally, the probability of the occurrence of either of these events is medium.
The second hazard that could affect people as an asset is poor machine configuration or faulty equipment. The scenario of this set of hazards would be where people work unknowingly in an unsafe environment or with faulty equipment. Mitigation for this set of hazards would be regular equipment maintenance, weekly or bi-weekly check-ups, and proper personnel training. However, the probability of occurrence of either of the events is low.
Buildings and Facilities
Buildings and facilities are also likely to be affected by floods, tornadoes, and storms. Either of the events could destroy the company’s physical structures. Mitigation for either of the occurrences would be the company insurance against adverse weather conditions. Additionally, the company could consider occasional closure of its premises primarily upon anticipating severe weather seasons. Furthermore, the company could renovate the structures with flood-resistant materials and install sewer backdoor valves. The probability of either of the events occurring is medium. The second possible hazard to buildings and facilities is earthquakes that are also caused by adverse weather. Mitigation against earthquakes would be the closure of premises and their insurance against bad weather. Nevertheless, the chances of occurrence of earthquakes are low.
IT Equipment and Software
Floods, tornadoes, and storms are one classification of hazards likely to affect the company’s IT equipment and software. The three events are likely to occur and could result in data loss due to IT equipment and software destruction. Insurance against adverse weather and investing in cloud infrastructure would be viable approaches to alleviate the three events. IT equipment and software are also prone to theft and sabotage, which could occur due to systems access by unauthorized persons or theft of equipment. Mitigation for this hazard would be insurance against theft and sabotage, fostering physical security, and allowing systems access to premises and institutes only to authorized persons. However, the probability of occurrence of this hazard is low. Viruses are also a possible hazard that may affect IT equipment and software. Alleviation against virus hazards would be installing antiviruses in the company’s computer systems, implementing access privileges, authenticating all employees for access, and using cloud infrastructure. Nonetheless, the probability of occurrence of virus hazards is low. IT equipment and software are also prone to downtime hazards. Downtime challenges caused by the company’s computer systems may result in slow business operations. However, the probability of occurrence of downtime is low.
Heavy Machinery and Robots
Heavy machinery and robots are prone to floods, tornadoes, and storms hazards. The hazards are likely to affect business operations upon the destruction of heavy machines and robots. The mitigation against any of the events would be insurance against bad weather. The company may also consider raising heavy machinery off the floor or flood-proofing the machinery. Moreover, the probability of occurrence of such hazards on heavy machinery and robots is medium. Heavy machines and robots are also likely to be affected by fire hazards. Fire hazards could obliterate the machinery. Therefore, to minimize the risk, the company could erect fire extinguishers at distinguished areas and install fire alarms, smoke detectors, and train employees on responding to fire. It is also worth noting that the probability of occurrence of fire is low.
Raw Materials (Plastic, Copper, Steel, and Aluminium)
One of the possible hazards on raw materials is the loss of essential suppliers. The scenario of the hazard is when some suppliers may decide to quit doing business with Triangle Corporation. The company could minimize the risk by maintaining good relationships with suppliers and sourcing for more suppliers. Yet, the probability of occurrence of loss of suppliers is low. Another possible hazard to raw materials would be floods, tornadoes, and storms that result from poor weather conditions. The approaches to minimize the risk would be insuring the materials against adverse weather conditions or insulating storage areas from water penetration. Moreover, the probability of the hazard occurring is medium.
Finished HVAC products
The finished HVAC components are also prone to floods, tornadoes, and storms due to inclement weather. Insurance against bad weather is workable mitigation for the hazard. Furthermore, the probability of the hazard occurring is medium. Finished HVAC components are also prone to substandard finished products hazard. The hazard could occur due to inputs that may result in substandard finished products. The company should consider regular inspections of raw materials and production processes to minimize the chances of substandard finished products. However, the likelihood of occurrence of the hazard is low.
Company Documents
Floods, tornadoes, and storms are a likely hazard to destroying the company’s documents. The hazard is due to poor weather conditions. To lower the risk, the company should minimize paperwork and back up the existing physical data. It is also worth noting that the probability of occurrence of the hazard is medium. Company documents are also prone to theft and sabotage. The occurrence of the hazard is when the documents are stolen, misplaced, or lost. The company should minimize paperwork to lower the risk of theft and sabotage. Though, the probability of theft and sabotage of company documents is low.
Communication Devices and Equipment
Communication devices and equipment are at risk of destruction by floods, tornadoes, and storms hazard resulting from bad weather. The company should consider installing measures like sealed cables to avoid damage upon the occurrence of such events. Yet, the probability of destruction of the company’s communication devices and equipment is medium.
Business Impact Analysis
The business impact analysis focuses on exploring the effects of the risks on people, property, environment, operations, entity and identifying the overall hazard rating. The overall hazard rating is derived from the probability of the risks assessments and their business impact. The impact analysis is done while taking into account the existing mitigation strategies for every risk. 
The risk of floods, tornadoes, and storms has a high business impact on people. Since the probability of the occurrence of the hazard is medium and its impact on people is high, its overall hazard rating is medium-high. The risk assessment of poor machine configuration and faulty equipment has a medium impact on people. Since the probability of the occurrence of the hazard is low, the overall hazard rating is low-medium. The risk of floods, tornadoes, and storms has a high business impact on the business property. Considering the probability of occurrence of the hazard is medium, then its overall hazard rating is medium-high. The risk of earthquakes hazard has a high impact on business property. Therefore, due to its low probability of occurrence, then its overall hazard rating is low-high.
The risk of floods, tornadoes, and storms on IT equipment and software has a high business impact on business property. The probability of occurrence of the hazard on IT equipment and software is medium. Therefore, its overall hazard rating is medium-high. The risk of theft and sabotage on IT software and equipment has a medium business impact on the property. The probability of occurrence of the hazard is low. Thus, the overall hazard rating is low-medium. The risk of viruses attack on the company’s computer systems has a low business impact on operations. The probability of the hazard occurring is low. Thus, the overall hazard rating is low-low. The risk of downtime on IT equipment and software has a medium business impact on operations. The probability of the downtime hazard occurring is low. Thus the overall hazard rating is low-medium.
The risk of floods, tornadoes, and storms on heavy machinery and robots has a high business impact on the company’s property. The probability of any of the events occurring is medium. Hence the overall hazard rating is medium-high. The risk of fire on heavy machinery and robots also has a high impact on the company’s property. The probability of fire occurrence on heavy machinery and robots is low. Accordingly, the overall hazard rating is low-high. The risk of loss of suppliers as a hazard on raw materials has a low impact on operations. The probability of the hazard occurring is, however, low. On that account, the overall hazard rating of loss of suppliers is low-low. Floods, tornadoes, and storms have a low business impact on the property. The probability of occurrence of the three events on raw materials is medium. Consequently, the overall hazard rating is medium-low.
The risk of floods, tornadoes, and storms on finished HVAC components has a medium impact on the property. Since the probability of the hazard occurrence is medium, then its overall rating is medium-medium. The risk of substandard goods has a high impact on the entity. The chances of the hazard occurring are, however, low. Hence, the overall hazard rating is low high. The risk of flood, tornadoes, and storms on company documents has a low impact on the property. The possibility of the hazard occurring is medium. On that account, the overall hazard rating is medium-low. The risk of loss, theft, or misplacement of company documents has a low impact on the entity. Yet, the likelihood of occurrence of the hazard is low. Consecutively, the overall hazard rating is low-low. The risk of floods, tornadoes, and storms on the company’s communication devices and equipment has a low impact on the property. The chances of the hazard occurring are medium. As a result, the overall hazard rating is medium-low.
Emergency Response
Triangle Corporation could respond to the threats by adopting data application and backup or site resumption solutions. Acronis software would be an effective solution due to its multi-purpose functionality in activities such as for and application back up and virus and malware protection (Acronis, 2021). Spiceworks network monitor would also be a viable solution to counter downtime by identifying potential issues before they emerge. Additionally, the company may consider document management encrypted cloud storage systems such as pCloud to alleviate data loss and theft or sabotage of its documents (STH, 2021). PCloud also enables file sharing, management, and versioning.
For site resumption solutions, the Azure Site Recovery is a very reliable solution by orchestrating and managing replication, failback, and failover of the companys’ building’s machines and Azure virtual machines. The advantage of ASR is in the ability to store physical workload. Another option would be Quorum, which also provides multisite-failover, off-site protection, and can operate virtual machines (Ohlhorst, 2018). Zerto could also be used to its ability to virtualize infrastructure and its time-saving workflow in migrations and testing, and disaster recovery.
References
Acronis. (2021). Online cloud backup solutions and services for MSP and business. https://www.acronis.com/en-eu/solutions/cloud-backup/
Ohlhorst, F. (2018, October 18). The best disaster recovery-as-a-Service (DRaaS) solutions. PCMAG. https://www.pcmag.com/picks/the-best-disaster-recovery-as-a-service-draas-solutions
Software Testing Help. (2021). 10 Best Document Management Systems For Better Workflow. Please Wait… | Cloudflare. https://www.softwaretestinghelp.com/best-document-management-systems/

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