Q&As

How can I test my business continuity plan?

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Published on LexisPSL on 07/01/2014

The following Practice Compliance Q&A provides comprehensive and up to date legal information covering:

  • How can I test my business continuity plan?
  • Testing methods
  • Testing results
  • Further information

How can I test my business continuity plan?

The BCP is an important part of the overall risk management framework for any firm. It helps ensure the business is able to survive a critical event and the firm is able to meet its obligations to clients, regulators and other stakeholders.

You should test the BCP to ensure it is effective, ie verify that it would be effective in the event of a business interruption.

Testing methods

Testing is best done by testing parts of the plan rather than the entire plan (it's not a good idea to simulate a full-scale disaster!).

Your methods for testing the BCP may include:

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