I'm thrilled to announce that on January 23, 2013 the new Business Continuity Management (BCM) solution from RSA Archer will be available! We've offered a BCM solution for about five years now with over half of the Fortune 100 companies using it, so you may ask - why a new solution?
We're all having to improve our game and some interesting metrics show just how prepared we really are. For example, Gartner estimates that only 35% of organizations have a comprehensive recovery plan in place. According to Strategic Research, the cost of downtime is estimated at close to $90,000 per hour, and Deloitte says the survival rate for companies without a recovery plan is less than 10%.
Implementing BCM is a tough job by itself, but things are getting tougher. Companies are asking for more guidance, structure and approaches to help them. There seem to be more disruptive events emphasizing the need for better recovery capabilities. On top of that, organizations are more global, which makes the repercussions greater. The new ISO 22301 standard requires more of us in that we integrate BCM into the strategic fabric of the organization and such disciplines as Enterprise Risk Management and Governance, Risk and Compliance. As a result, BCM programs everywhere are going through a transition from a 'check the box activity' to a central focus with lots of internal and external attention.
The days of separate BCM, IT Disaster Recovery (DR) and Crisis Management (CM) programs are past and these disciplines must be coordinated, and it's tough to do so without the right toolset. As a result, an increasing number of organizations are recognizing the need to revamp their approach to BCM which includes changing out their legacy systems that are difficult to use and maintain or not robust enough to accomplish their recovery program objectives.
The new BCM v4 solution enables you to tackle these challenges and more. I invite you to take a look at the new solution. Attend our January 24th webcast and see what it has to offer your organization and how you can meet your recovery planning goals.