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NordLayer features in review: Site-to-Site

Can any employee access company resources from anywhere and at any time? It depends on the company’s infrastructure. Recently established businesses have more chances to provide access wherever their teams are. However, companies with legacy architectures need to readapt to have the same time and place flexibility.

Every company infrastructure setup is unique. Therefore, it may require a different approach to solving the same challenges — like how users can access office-based data, applications, or devices while not being present on that particular site.

The most common solution is to choose VPN for security purposes and enablement of distributed teams. However, the VPN selection depends on its type and existing company network arrangement.

If your target is to enable employees to securely connect to different offices and branches of the organization despite being elsewhere, Site-to-Site VPN is the option to explore.

Site-to-Site solution using NordLayer 

Site-to-Site allows users to reach office-bind resources on HQ, your assigned office, or another company branch while not actually being on-site. It is a type of VPN that establishes an encrypted connection to a requested resource on the company network.

NordLayer’s cloud-based feature elevates typical industry Site-to-Site capabilities by connecting not just different corporate sites and resources but by enabling both on-site present and remote users to connect to any company resource on the network.

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Therefore, connection to a single physical location via a virtual private gateway using VPN translates into user connection to all devices and resources assigned to a company router or firewall.

How does NordLayer’s Site-to-Site feature work?

The cloud-based feature can be enabled by connecting NordLayer’s virtual private gateway to the company’s router or firewall.

Moreover, cloud-based Site-to-Site makes it possible to configure a dedicated VPN server to connect to cloud service providers like Amazon AWS, Google Cloud, or Azure.

Users with VPN access – whether present in the branch office, HQ, or remote – can connect to the company network and access the added internal resources and the on-site devices connected to the router/firewall, even though they don’t support a VPN connection.

  • Remote user connection:

  • Connection from a company branch:

  • Connection from HQ:

NordLayer’s Site-to-Site feature requires virtual private gateways and physical location configuration. Once it’s ready, a VPN connects users to the local company network and allows them to access company resources like applications, data, computers, or printers.

The same logic applies to users accessing the company’s cloud service provider resources. VPN established connection and router/firewall configuration to support IKEv2 Site-to-Site functionality with a static public IP address can provide access to resources for employees despite their location.

Shortly, suppose an employee for a job needs to access your organization’s customer information stored in a database located in HQ, the email server that stands in an office branch on another continent and needs to print it out while working from home. In that case, it’s all available via NordLayer’s Site-to-Site VPN functionality.

How NordLayer’s Site-to-Site is different?

Traditional WAN companies have an architecture based on an all-to-one setup when business units – remote locations and resources of the corporate – are connected to one main point.

Such organizations exploit extensive legacy Site-to-Site architectures that employees use to connect to the network’s main point, allowing them to access company-enclosed resources from different locations. This type of network architecture delivers interconnectivity yet lacks remote flexibility and has downsides affecting network performance, efficiency, and scalability.

As a solution to legacy Site-to-Site, NordLayer is developed to provide flexible and simple problem-solving to the general downsides of using legacy networking. When focusing on the feature functionality, the distinction between legacy setup and cloud-based remote network access solution comes from overcoming the limitations of traditional Site-to-Site solutions.

Cloud-based NordLayer solution handles legacy infrastructure challenges of increasing remote connections with quick integration to the existing architecture. It reverts performance–efficiency–scalability limitations to company advantage:

  • Decreased deployment time and expenses. NordLayer solution is fully hardware-free and compatible with hardware-based or hybrid existing infrastructures. Functionalities can be deployed within minutes and don’t require complex costs and long delivery times, focusing on time-to-value for the organization.

  • Maintained security and productivity levels. NordLayer Site-to-Site distributes encrypted user traffic to company resources based on the request nature without affecting connection quality instead of bulk processing all users to a primary point of connection and allocating to requested resources afterward. 

  • User traffic distribution. The feature decreases the heavy traffic load directing users to the internet resources, internal data centers, servers, or applications in a more streamlined manner. Therefore, the increased remote user traffic peaks don’t impact performance quality as with a traditional Site-to-Site setup. 

  • Efficiency and scalability. Naturally, user traffic distribution significantly reduces on-site equipment use managing the ad-hoc demand to upgrade. On the contrary, cloud-based Site-to-Site functionality enables the company to scale on demand without resource-intensive planning.  

The feature brings another level to team performance in business operations using Site-to-Site. NordLayer’s cloud-based feature ‘helps cut hardware-ing and distance corners’, bringing efficiency to secure data sharing and authorized access of on-site devices within the organizations, even if physically impossible.

Benefits of Site-to-Site VPN 

Primarily, Site-to-Site VPN allows for establishing non-office-only based connections. The VPN enables secure data transfers and trusted user activity between the on-premise network and the public network established over the internet.

Implementing NordLayer on top of your existing infrastructure, Site-to-Site unlocks effective and robust cybersecurity measures for various organizational aspects.

Increased network security

Sensitive data and confidential information is the target of most cyber attacks. Thus, encrypted data transfers between organization members utilizing Site-to-Site, whether in the office or remote, help safeguard against data breaches.

Streamlined business operations

Team performance is heavily related to the availability and capacity of the company network. Therefore, Site-to-Site feature maintains a good speed and stable data traffic flow to provide users with quality connectivity and constant access to resources that influence business continuity.

Flexible and scalable protection

Hardware-free Site-to-Site configuration is a beneficial add-on to the existing company network, even the largely hardware-based ones. Thus, the reaction-to-action time to solve ad-hoc challenges is multiple times shorter and easier. It requires minimal resources and provides a solution based on business needs within minutes. 

Entering NordLayer’s Site-to-Site

NordLayer solution provides a modern approach-based Site-to-Site VPN. The feature allows present and remote employees to access data and devices in multiple corporate environments.

Using our remote network access solution to enable Site-to-Site VPN for the organization, IT admins have to follow simple actions to configure the feature. First, they need to create VPN gateways via the Control Panel as entry points into the network and assign teams or role-based employees to access the gateway so they can enter the company network. Site-to-Site has to be configured for every company unit for the seamless cooperation of teams.

With fewer systems to manage, unlimited scalability, flexibility, and easy setup, companies can ensure smooth and productive connections for their users and maintain high-security levels of the business.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

These days, cybercrime is rampant. It’s no longer a matter of “if” you’re going to suffer an attack but “when” it will happen. All companies want to be ready for any crisis. And this is where a business continuity plan comes into play.

But what is a business continuity plan exactly? Why is it important? What should one include? Today, we’re exploring all these questions in-depth.

What is a business continuity plan?

A business continuity plan (BCP) is a document that sets guidelines for how an organization will continue its operations in the event of a disruption, whether it’s a fire, flood, other natural disaster or a cybersecurity incident. A BCP aims to help organizations resume operations without significant downtime.

Unfortunately, according to a 2020 Mercer survey, 51% of businesses across the globe don’t have a business continuity plan in place.

What’s the difference between business continuity and disaster recovery plans?

We often confuse the terms business continuity plan and disaster recovery plan. The two overlap and often work together, but the disaster recovery plan focuses on containing, examining, and restoring operations after a cyber incident. On the other hand, BCP is a broader concept that considers the whole organization. A business continuity plan helps organizations stay prepared for dealing with a potential crisis and usually encompasses a disaster recovery plan.

Importance of business continuity planning

The number of news headlines announcing data breaches has numbed us to the fact that cybercrime is very real and frequent and poses an existential risk to companies of all sizes and industries.

Consider that in 2021, approximately 37% of global organizations fell victim to a ransomware attack. Then consider that business interruption and restoration costs account for 50% of cyberattack-related losses. Finally, take into account that most cyberattacks are financially motivated and the global cost of cybercrime topped $6 trillion last year. The picture is quite clear — cybercrime is a lucrative venture for bad actors and potentially disastrous for those on the receiving end.

To thrive in these unpredictable times, organizations go beyond conventional security measures. Many companies develop a business continuity plan parallel to secure infrastructure and consider the plan a critical part of the security ecosystem. The Purpose of a business continuity plan is to significantly reduce the downtime in an emergency and, in turn, reduce the potential reputational damage and — of course — revenue losses.

Business continuity plan template

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Business Continuity Plan Example

[Company Name]

[Date]

I. Introduction

  • Purpose of the Plan

  • Scope of the Plan

  • Budget

  • Timeline

The initial stage of developing a business continuity plan starts with a statement of the plan’s purpose, which explains the main objective of the plan, such as ensuring the organization’s ability to continue its operations during and after a disruptive event.

The Scope of the Plan outlines the areas or functions that the plan will cover, including business processes, personnel, equipment, and technology.

The Budget specifies the estimated financial resources required to implement and maintain the BCP. It includes costs related to technology, personnel, equipment, training, and other necessary expenses.

The Timeline provides a detailed schedule for developing, implementing, testing, and updating the BCP.

II. Risk Assessment

  • Identification of Risks

  • Prioritization of Risks

  • Mitigation Strategies

The Risk Assessment section of a Business Continuity Plan (BCP) is an essential part of the plan that identifies potential risks that could disrupt an organization’s critical functions.

The Identification of Risks involves identifying potential threats to the organization, such cybersecurity breaches, supply chain disruptions, power outages, and other potential risks. This step is critical to understand the risks and their potential impact on the organization.

Once the risks have been identified, the Prioritization of Risks follows, which helps determine which risks require the most attention and resources.

The final step in the Risk Assessment section is developing Mitigation Strategies to minimize the impact of identified risks. Mitigation strategies may include preventative measures, such as system redundancies, data backups, cybersecurity measures, as well as response and recovery measures, such as emergency protocols and employee training.

III. Emergency Response

  • Emergency Response Team

  • Communication Plan

  • Emergency Procedures

This section of the plan focuses on immediate actions that should be taken to ensure the safety and well-being of employees and minimize the impact of the event on the organization’s operations.

The Emergency Response Team is responsible for managing the response to an emergency or disaster situation. This team should be composed of individuals who are trained in emergency response procedures and can act quickly and decisively during an emergency. The team should also include a designated leader who is responsible for coordinating the emergency response efforts.

The Communication Plan outlines how information will be disseminated during an emergency situation. It includes contact information for employees, stakeholders, and emergency response personnel, as well as protocols for communicating with these individuals.

The Emergency Procedures detail the steps that should be taken during an emergency or disaster situation. The emergency procedures should be developed based on the potential risks identified in the Risk Assessment section and should be tested regularly to ensure that they are effective.

IV. Business Impact Analysis

The Business Impact Analysis (BIA) section of a Business Continuity Plan (BCP) is a critical step in identifying the potential impact of a disruption to an organization’s critical operations.

The Business Impact Analysis is typically conducted by a team of individuals who understand the organization’s critical functions and can assess the potential impact of a disruption to those functions. The team may include representatives from various departments, including finance, operations, IT, and human resources.

V. Recovery and Restoration

  • Procedures for recovery and restoration of critical processes

  • Prioritization of recovery efforts

  • Establishment of recovery time objectives

The Recovery and Restoration section of a Business Continuity Plan (BCP) outlines the procedures for recovering and restoring critical processes and functions following a disruption.

The Procedures for recovery and restoration of critical processes describe the steps required to restore critical processes and functions following a disruption. This may include steps such as relocating to alternate facilities, restoring data and systems, and re-establishing key business relationships.

The Prioritization section of the plan identifies the order in which critical processes will be restored, based on their importance to the organization’s operations and overall mission.

Recovery time objectives (RTOs) define the maximum amount of time that critical processes and functions can be unavailable following a disruption. Establishing RTOs ensures that recovery efforts are focused on restoring critical functions within a specific timeframe.

VI. Plan Activation

  • Plan Activation Procedures

The Plan Activation section is critical in ensuring that an organization can quickly and effectively activate the plan and respond to a potential emergency.

The Plan Activation Procedures describe the steps required to activate the BCP in response to a disruption. The procedures should be clear and concise, with specific instructions for each step to ensure a prompt and effective response.

VII. Testing and Maintenance

  • Testing Procedures

  • Maintenance Procedures

  • Review and Update Procedures

This section of the plan is critical to ensure that an organization can effectively respond to disruptions and quickly resume its essential functions.

Testing procedures may include scenarios such as natural disasters, cyber-attacks, and other potential risks. The testing procedures should include clear objectives, testing scenarios, roles and responsibilities, and evaluation criteria to assess the effectiveness of the plan.

The Maintenance Procedures detail the steps necessary to keep the BCP up-to-date and relevant.

The Review and Update Procedures describe how the BCP will be reviewed and updated regularly to ensure its continued effectiveness. This may involve conducting a review of the plan on a regular basis or after significant changes to the organization’s operations or threats.

What should a business continuity plan checklist include?

Organizations looking to develop a BCP have more than a few things to think through and consider. Variables such as the size of the organization, its IT infrastructure, personnel, and resources all play a significant role in developing a continuity plan. Remember, each crisis is different, and each organization will have a view on handling it according to all the variables in play. However, all business continuity plans will include a few elements in one way or another.

  • Clearly defined areas of responsibility

    A BCP should define specific roles and responsibilities for cases of emergency. Detail who is responsible for what tasks and clarify what course of action a person in a specific position should take. Clearly defined roles and responsibilities in an emergency event allow you to act quickly and decisively and minimize potential damage.

  • Crisis communication plan

    In an emergency, communication is vital. It is the determining factor when it comes to crisis handling. For communication to be effective, it is critical to establish clear communication pipelines. Furthermore, it is crucial to understand that alternative communication channels should not be overlooked and outlined in a business continuity plan.

  • Recovery teams

    A recovery team is a collective of different professionals who ensure that business operations are restored as soon as possible after the organization confronts a crisis.

  • Alternative site of operations

    Today, when we think of an incident in a business environment, we usually think of something related to cybersecurity. However, as discussed earlier, a BCP covers many possible disasters. In a natural disaster, determine potential alternate sites where the company could continue to operate.

  • Backup power and data backups

    Whether a cyber event or a real-life physical event, ensuring that you have access to power is crucial if you wish to continue operations. In a BCP, you can often come across lists of alternative power sources such as generators, where such tools are located, and who should oversee them. The same applies to data. Regularly scheduled data backups can significantly reduce potential losses incurred by a crisis event.

  • Recovery guidelines

    If a crisis is significant, a comprehensive business continuity plan usually includes detailed guidelines on how the recovery process will be carried out.

Business continuity planning steps

Here are some general guidelines that an organization looking to develop a BCP should consider:

Analysis

A business continuity plan should include an in-depth analysis of everything that could negatively affect the overall organizational infrastructure and operations. Assessing different levels of risk should also be a part of the analysis phase.

Design and development

Once you have a clear overview of potential risks your company could face, start developing a plan. Create a draft and reassess it to see if it takes into account even the smallest of details.

Implementation

Implement BCP within the organization by providing training sessions for the staff to get familiar with the plan. Getting everyone on the same page regarding crisis management is critical.

Testing

Rigorously test the plan. Play out a variety of scenarios in training sessions to learn the overall effectiveness of the continuity plan. By doing so, everyone on the team will be closely familiar with the business continuity plan’s guidelines.

Maintenance and updating

Because the threat landscape constantly changes and evolves, you should regularly reassess your BCP and take steps to update it. By making your continuity plan in tune with the times, you will be able to stay a step ahead of a crisis.

Level up your company’s security with NordPass Business

A comprehensive business continuity plan is vital for the entire organization’s security posture. However, in a perfect world, you wouldn’t have to use it. This is where NordPass Business can help.

Remember, weak, reused, or compromised passwords are often cited as one of the top contributing factors in data breaches. It’s not surprising, considering that an average user has around 100 passwords. Password fatigue is real and significantly affects how people treat their credentials. NordPass Business counters these issues.

With NordPass Business, your team will have a single secure place to store all work-related passwords, credit cards, and other sensitive information. Accessing all the data stored in NordPass is quick and easy, which allows your employees not to be distracted by the task of finding the correct passwords for the correct account.

In cyber incidents, NordPass Business ensures that company credentials remain secure at all times. Everything stored in the NordPass vault is secured with advanced encryption algorithms, which would take hundreds of years to brute force.

If you are interested in learning more about NordPass Business and how it can fortify corporate security, do not hesitate to book a demo with our representative.

 

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

Home is the new office: remote work trends

The year was 2023 — three years after the pandemic started (and came close to an end), yet 75% of global workers were fully convinced remote work was the new normal. But what’s the actual status of remote work, and what perspectives does it have?

The pandemic became a massive sandbox that proved people don’t necessarily need to be nurtured by the office culture to be productive.

Workers argue that flexibility is their right whether they prefer to work in the best countries for remote work, like Germany, Denmark, the US, or any other location of their choice if the job is completed as requested. Management counters with the importance of organizational environment and team bond effectiveness created only by the presence in the office.

Both sides have their points, so what’s next — will we return to an on-site-only setup or transition to fully remote? Will more companies compromise on hybrid work after all? Let’s see where the remote work projections are guiding us.

How new is the ‘new normal’ of remote work?

It would be incorrect to say that remote work didn’t exist before 2020. Freelancers were the pioneers of working online — an adventurous and free-spirited career path. Before the pandemic, 2,9% of ‘teleworkers’ globally were exclusively working remotely. For instance, in the US market, only 6% had never worked in any kind of remote work setup.

The scope of work from home mainly spiked because of a safety measure to prevent virus spread. Even though the alertness settled and life started returning to normal, in 2022, at least occasional remote workers reached 62% globally.

According to Gallup research results, only 2 out of 10 people returned to the old routine — entirely on-site jobs. Meanwhile, the rest of 8 out of 10 employees are split between remote and hybrid work arrangements in the US.

Working type models distribution chart

The discussion mainly circles whether employees want to work exclusively remotely (49%) or want to share their time between home and the office (46%). Yet the same research reveals that only 6% of employees see the ideal work environment exclusively on-site.

Remote work tendency: to increase or decrease?

The swing in the longevity of time spent at home before and after the pandemic compares drastically. Let’s fact-check.

According to Statista, remote work in the US before the 2020s was a relatively rare yet existing event, occurring 1-2 times per week. However, 3-4 and 5+ days of work from home per week in the post-pandemic period replaced the then-popular 1-2 days/week work from home.

Talking numbers, the remote workforce reached 53%, and the pool of employees that never worked from home decreased by 13% after COVID-19.

The data of the US-based respondents reflects the increasing trend of staying at home rather than working from the office.

2020 was the rush-hour year, so comparing the difference jump from 2019 to 2021, the number remains increasing as the amount of remote workers has tripled. If we take data from 2018-2021, the fully remote workforce grew four times bigger.

How has remote work escalated in Europe? The growing tendency of remote work in European countries is also significant.

Eurostat data from 2019-2021 illustrates the increasing number of employed people spending more and more time working from home. The average of EU Member States climbed from

  • 14,6% WFH sometimes or usually* in 2019, 

  • 20,9% WFH sometimes or usually in 2020 to

  • 24,4% WFH sometimes or usually in 2021. 

In 2021, the usually only working individuals made just a little less than sometimes or usually in 2019 — 13% in contrast to 14,6%. Note that ’usually’ refers to at least half of the work days spent working from home in a reference period of 4 weeks.

REMOTE WORK TRENDS CHANGE in the EU

The shift is evident in both the US and Europe — remotes were quick to adapt to the circumstances and increasingly function between the office and home, identifying as remote workers.

Let’s not forget that the covid-era introduced a new work-life cultural concept, ‘workation,’ that combines working and vacationing simultaneously. Therefore, it’s challenging to believe that trend swing will take the working world back to the close-to-none remote setup.

Remote work perspective

It’s worth defining the happy medium for understanding remote work. There are different opinions — for some, it’s home-only; for others — home-never. A hybrid work setup seems acceptable for most organizations and employees that can apply non-site work arrangements.

The perspective of hybrid model growth should double from 42% in 2021 to 81% in 2024, according to AT&T findings. The forecast predicts almost one in four Americans will work remotely by 2025.

The prediction is supported by the forecast of conferencing software (like Teams, Zoom, or Google Meet) market growth — in 2021, it reached $14.6 billion worth, and in 2026 is expected to reach as high as $27.3 billion worth. The growing demand shows the need to communicate remotely in the future.

Hybrid work influencing factors

What are the influencing factors for hybrid work escalations — is it just the peer pressure of employees? 83% of professionals say they would decline a job offer without offering flexible work options, according to International Working Group.

Expectations are high as almost everyone (97%) expects organizations to be flexible regarding the work environment. FlexJob indicates that more than half (57%) of organization members would change jobs if they weren’t allowed to work hybrid. After all, 77% of employees see flexibility as the second most important factor after salary in their employment.

The reasoning behind it can be based on preference to save time on commuting, make Mondays less anxious without knowing you must show up in the office at 8 AM, or work from a different city or country.  

Productivity and engagement in remote work

Hybrid or remote work help achieve a better work-life balance that resolves into a positive chain reaction. Employees and organizations notice that staff is exposed to less stress, leading to workers being more present and engaged despite online environments.

It proves that hybrid work isn’t entirely a one-way road. At first, being unavailable to observe employees’ activity on-site might have needed convincing the management of the hybrid work benefits.

According to Zippia’s Remote Work Statistics report, 32.2% of managers agree that productivity has increased after the 2020 remote work shift. Generally, 68% of organizations say there’s been an improvement in employee productivity since the remote work arrangements. 

Return or not to return?

The determination to work remotely is clear for most of the employees. Besides the long list of benefits the workers learned by heart, 20% of the workforce who vouch for flexibility would agree to give up vacation time over office-defined work.

The worth of remote work can be calculated more precisely — a typical organization saves an average of $11,000 per employee yearly if the employee spends half of the working time outside the office.

Saving funds and time open more personal, team, and company opportunities. Organizations have a better chance to scale globally. It brings us to a solution to a raging issue of limited talent pool companies struggle with significantly.

Talent and remote work

Knowledge workers are in high demand to cover the growing need for professionals in all industries. According to Uplers’ research, 69% of companies face a shortage of skilled talent, and geographic limitations are one of the leading factors reserving the reach of the potential talent pool.

According to the Upwork study, companies with remote or hybrid work policies appear to be less negatively impacted by talent shortage — only every third of such organizations see a limited talent pool as a challenge. Half of the knowledge workers who provide computer programing, IT, marketing, and business consulting services to companies are freelancers.

Regarding company size, large companies tend to have a higher demand for talent that turns over with more noticeable talent shortages compared to small or medium-sized companies.

According to Manpower data, 64% of small companies (10-49 employees) struggle to find the right profile workers, while 72% of medium-sized companies (50-249 employees) and 74% of large enterprises (250+ employees) are impacted by a deficiency of skilled professionals.

Remote work by industry

Technological advancements and flexibility allow companies of various industries to adopt hybrid work for its benefit. It’s noticeable that consulting-type services are quicker to move to telecommute. The trend can be justified by the opportunities to unlock markets worldwide, streamline the workload, and better prepare for modern technological setups.

Taking hybrid work through the industry axis, IT is the leading industry to adopt remote work. Finance, customer service, healthcare, marketing, education, and sales industries are primary areas to explore and utilize the benefits of the remote workforce.

Remote work and security

The massive migration to remote work during the pandemic was kick-started for safety reasons. However, home offices opened gaps for cybersecurity vulnerabilities that many companies weren’t exposed to before.

According to Statista, cyberattacks are one of the major risks concerning organizations. Cyber threats increased exponentially with the growing number of unprotected home networks and distributed teams.

REMOTE WORK CONCERNS IN ORGANIZATIONS

The other top risks on the list include human error, cloud computing vulnerabilities, mobile device security, and loss of corporate data and information, as the concerns of organizations in Europe and the US.

Securing hybrid environments

Many organizations proved flexible in times of change — growing cyberattacks and risks were repulsed with security and hybrid work-adapted business solutions. Transitioning to cloud environments allow companies not only to enable remote workers but implement hybrid infrastructure models to support new ways of working.

Circumstances determined businesses’ push to improve network security even though upgrading existing legacy architectures wasn’t in the strategy.

During the later years, evolved Zero Trust security models now define modern remote access and cybersecurity standard. A combination of cloud application security, endpoint protection, and identity management solutions helps protect company assets and users effectively from potential vulnerabilities imposed by remote and hybrid work.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

These days, cybercrime is rampant. It’s no longer a matter of “if” you’re going to suffer an attack but “when” it will happen. All companies want to be ready for any crisis. And this is where a business continuity plan comes into play.

But what is a business continuity plan exactly? Why is it important? What should one include? Today, we’re exploring all these questions in-depth.

What is a business continuity plan?

A business continuity plan (BCP) is a document that sets guidelines for how an organization will continue its operations in the event of a disruption, whether it’s a fire, flood, other natural disaster or a cybersecurity incident. A BCP aims to help organizations resume operations without significant downtime.

Unfortunately, according to a 2020 Mercer survey, 51% of businesses across the globe don’t have a business continuity plan in place.

What’s the difference between business continuity and disaster recovery plans?

We often confuse the terms business continuity plan and disaster recovery plan. The two overlap and often work together, but the disaster recovery plan focuses on containing, examining, and restoring operations after a cyber incident. On the other hand, BCP is a broader concept that considers the whole organization. A business continuity plan helps organizations stay prepared for dealing with a potential crisis and usually encompasses a disaster recovery plan.

Importance of business continuity planning

The number of news headlines announcing data breaches has numbed us to the fact that cybercrime is very real and frequent and poses an existential risk to companies of all sizes and industries.

Consider that in 2021, approximately 37% of global organizations fell victim to a ransomware attack. Then consider that business interruption and restoration costs account for 50% of cyberattack-related losses. Finally, take into account that most cyberattacks are financially motivated and the global cost of cybercrime topped $6 trillion last year. The picture is quite clear — cybercrime is a lucrative venture for bad actors and potentially disastrous for those on the receiving end.

To thrive in these unpredictable times, organizations go beyond conventional security measures. Many companies develop a business continuity plan parallel to secure infrastructure and consider the plan a critical part of the security ecosystem. The Purpose of a business continuity plan is to significantly reduce the downtime in an emergency and, in turn, reduce the potential reputational damage and — of course — revenue losses.

Business continuity plan template

Password security for your business

Store, manage and share passwords.

30-day money-back guarantee

Business Continuity Plan Example

[Company Name]

[Date]

I. Introduction

  • Purpose of the Plan

  • Scope of the Plan

  • Budget

  • Timeline

The initial stage of developing a business continuity plan starts with a statement of the plan’s purpose, which explains the main objective of the plan, such as ensuring the organization’s ability to continue its operations during and after a disruptive event.

The Scope of the Plan outlines the areas or functions that the plan will cover, including business processes, personnel, equipment, and technology.

The Budget specifies the estimated financial resources required to implement and maintain the BCP. It includes costs related to technology, personnel, equipment, training, and other necessary expenses.

The Timeline provides a detailed schedule for developing, implementing, testing, and updating the BCP.

II. Risk Assessment

  • Identification of Risks

  • Prioritization of Risks

  • Mitigation Strategies

The Risk Assessment section of a Business Continuity Plan (BCP) is an essential part of the plan that identifies potential risks that could disrupt an organization’s critical functions.

The Identification of Risks involves identifying potential threats to the organization, such cybersecurity breaches, supply chain disruptions, power outages, and other potential risks. This step is critical to understand the risks and their potential impact on the organization.

Once the risks have been identified, the Prioritization of Risks follows, which helps determine which risks require the most attention and resources.

The final step in the Risk Assessment section is developing Mitigation Strategies to minimize the impact of identified risks. Mitigation strategies may include preventative measures, such as system redundancies, data backups, cybersecurity measures, as well as response and recovery measures, such as emergency protocols and employee training.

III. Emergency Response

  • Emergency Response Team

  • Communication Plan

  • Emergency Procedures

This section of the plan focuses on immediate actions that should be taken to ensure the safety and well-being of employees and minimize the impact of the event on the organization’s operations.

The Emergency Response Team is responsible for managing the response to an emergency or disaster situation. This team should be composed of individuals who are trained in emergency response procedures and can act quickly and decisively during an emergency. The team should also include a designated leader who is responsible for coordinating the emergency response efforts.

The Communication Plan outlines how information will be disseminated during an emergency situation. It includes contact information for employees, stakeholders, and emergency response personnel, as well as protocols for communicating with these individuals.

The Emergency Procedures detail the steps that should be taken during an emergency or disaster situation. The emergency procedures should be developed based on the potential risks identified in the Risk Assessment section and should be tested regularly to ensure that they are effective.

IV. Business Impact Analysis

The Business Impact Analysis (BIA) section of a Business Continuity Plan (BCP) is a critical step in identifying the potential impact of a disruption to an organization’s critical operations.

The Business Impact Analysis is typically conducted by a team of individuals who understand the organization’s critical functions and can assess the potential impact of a disruption to those functions. The team may include representatives from various departments, including finance, operations, IT, and human resources.

V. Recovery and Restoration

  • Procedures for recovery and restoration of critical processes

  • Prioritization of recovery efforts

  • Establishment of recovery time objectives

The Recovery and Restoration section of a Business Continuity Plan (BCP) outlines the procedures for recovering and restoring critical processes and functions following a disruption.

The Procedures for recovery and restoration of critical processes describe the steps required to restore critical processes and functions following a disruption. This may include steps such as relocating to alternate facilities, restoring data and systems, and re-establishing key business relationships.

The Prioritization section of the plan identifies the order in which critical processes will be restored, based on their importance to the organization’s operations and overall mission.

Recovery time objectives (RTOs) define the maximum amount of time that critical processes and functions can be unavailable following a disruption. Establishing RTOs ensures that recovery efforts are focused on restoring critical functions within a specific timeframe.

VI. Plan Activation

  • Plan Activation Procedures

The Plan Activation section is critical in ensuring that an organization can quickly and effectively activate the plan and respond to a potential emergency.

The Plan Activation Procedures describe the steps required to activate the BCP in response to a disruption. The procedures should be clear and concise, with specific instructions for each step to ensure a prompt and effective response.

VII. Testing and Maintenance

  • Testing Procedures

  • Maintenance Procedures

  • Review and Update Procedures

This section of the plan is critical to ensure that an organization can effectively respond to disruptions and quickly resume its essential functions.

Testing procedures may include scenarios such as natural disasters, cyber-attacks, and other potential risks. The testing procedures should include clear objectives, testing scenarios, roles and responsibilities, and evaluation criteria to assess the effectiveness of the plan.

The Maintenance Procedures detail the steps necessary to keep the BCP up-to-date and relevant.

The Review and Update Procedures describe how the BCP will be reviewed and updated regularly to ensure its continued effectiveness. This may involve conducting a review of the plan on a regular basis or after significant changes to the organization’s operations or threats.

What should a business continuity plan checklist include?

Organizations looking to develop a BCP have more than a few things to think through and consider. Variables such as the size of the organization, its IT infrastructure, personnel, and resources all play a significant role in developing a continuity plan. Remember, each crisis is different, and each organization will have a view on handling it according to all the variables in play. However, all business continuity plans will include a few elements in one way or another.

  • Clearly defined areas of responsibility

    A BCP should define specific roles and responsibilities for cases of emergency. Detail who is responsible for what tasks and clarify what course of action a person in a specific position should take. Clearly defined roles and responsibilities in an emergency event allow you to act quickly and decisively and minimize potential damage.

  • Crisis communication plan

    In an emergency, communication is vital. It is the determining factor when it comes to crisis handling. For communication to be effective, it is critical to establish clear communication pipelines. Furthermore, it is crucial to understand that alternative communication channels should not be overlooked and outlined in a business continuity plan.

  • Recovery teams

    A recovery team is a collective of different professionals who ensure that business operations are restored as soon as possible after the organization confronts a crisis.

  • Alternative site of operations

    Today, when we think of an incident in a business environment, we usually think of something related to cybersecurity. However, as discussed earlier, a BCP covers many possible disasters. In a natural disaster, determine potential alternate sites where the company could continue to operate.

  • Backup power and data backups

    Whether a cyber event or a real-life physical event, ensuring that you have access to power is crucial if you wish to continue operations. In a BCP, you can often come across lists of alternative power sources such as generators, where such tools are located, and who should oversee them. The same applies to data. Regularly scheduled data backups can significantly reduce potential losses incurred by a crisis event.

  • Recovery guidelines

    If a crisis is significant, a comprehensive business continuity plan usually includes detailed guidelines on how the recovery process will be carried out.

Business continuity planning steps

Here are some general guidelines that an organization looking to develop a BCP should consider:

Analysis

A business continuity plan should include an in-depth analysis of everything that could negatively affect the overall organizational infrastructure and operations. Assessing different levels of risk should also be a part of the analysis phase.

Design and development

Once you have a clear overview of potential risks your company could face, start developing a plan. Create a draft and reassess it to see if it takes into account even the smallest of details.

Implementation

Implement BCP within the organization by providing training sessions for the staff to get familiar with the plan. Getting everyone on the same page regarding crisis management is critical.

Testing

Rigorously test the plan. Play out a variety of scenarios in training sessions to learn the overall effectiveness of the continuity plan. By doing so, everyone on the team will be closely familiar with the business continuity plan’s guidelines.

Maintenance and updating

Because the threat landscape constantly changes and evolves, you should regularly reassess your BCP and take steps to update it. By making your continuity plan in tune with the times, you will be able to stay a step ahead of a crisis.

Level up your company’s security with NordPass Business

A comprehensive business continuity plan is vital for the entire organization’s security posture. However, in a perfect world, you wouldn’t have to use it. This is where NordPass Business can help.

Remember, weak, reused, or compromised passwords are often cited as one of the top contributing factors in data breaches. It’s not surprising, considering that an average user has around 100 passwords. Password fatigue is real and significantly affects how people treat their credentials. NordPass Business counters these issues.

With NordPass Business, your team will have a single secure place to store all work-related passwords, credit cards, and other sensitive information. Accessing all the data stored in NordPass is quick and easy, which allows your employees not to be distracted by the task of finding the correct passwords for the correct account.

In cyber incidents, NordPass Business ensures that company credentials remain secure at all times. Everything stored in the NordPass vault is secured with advanced encryption algorithms, which would take hundreds of years to brute force.

If you are interested in learning more about NordPass Business and how it can fortify corporate security, do not hesitate to book a demo with our representative.

 

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

New ransomware variant: Try2Cry!

New ransomware variant: Try2Cry! It tries to worm onto other computers by infecting any USB drive connected to the device, hoping it will be used on another computer at some point. Is uses the LNK files to disguise the malware.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Bullwall
BullWall is a fast-growing international cybersecurity solution provider with a dedicated focus on protecting critical data during active ransomware attacks. We are the only security solution able to contain both known and unknown ransomware variants in seconds, preventing encryption and exfiltration across all data storage types.

Why an integrations-only approach isn’t enough for full asset inventory – Part 5

The deadline for CISA BOD 23-01 compliance is coming up on April 3, 2023. In less than two months, federal civilian executive branch (FCEB) departments and agencies must have implemented solutions to fully meet the requirements outlined in the directive, including the ability to automate asset discovery every 7 days and initiate on-demand discovery within 72 hours of receiving a request from CISA.

One of the key takeaways from the directive is the importance of identifying unmanaged assets on the network because of the risks they introduce. A fully comprehensive asset inventory is the only way to fully address the directive.

When CISA first issued this directive, we’d hear agencies say, “We already have an asset inventory through our CAASM. We’re in good shape!” While Cyber Asset Attack Surface Management (CAASM) solutions can definitely help with building asset inventory and reducing cyber risk, they may not be enough to meet the requirements in the directive–especially if they are leveraging an API-only approach.

Challenges with API integrations-only approach

Most CAASMs leverage an API-only (or a very API-dominant) approach to bring asset data from hundreds (or even thousands) of security and management tools into the solution. Theoretically, with a shared data set, security and IT teams can focus on improving their cyber asset hygiene and security posture, and not spending time tracking down information. However, the truth is: the information in the CAASM is often incomplete, and data quality may be unreliable.

Let’s dig into some of the key challenges of relying on CAASMs that only offer an API-based approach and what you can do instead.

Challenge #1: Finding unmanaged assets

Over and over again, we hear security teams say, “We can’t protect or manage what we don’t know.” Exacerbated by common issues like shadow IT, rogue access, and oversight, unmanaged devices continue to fly under the radar, creating potential entry points for attackers. Unmanaged devices are usually the first foothold for attackers because they tend to miss security controls and don’t have an owner maintaining them.

Many CAASM vendors claim that unmanaged devices can be solved by leveraging integrations with existing tooling. This approach ignores the fact that security teams have tried to use data from vulnerability scanners and EDR agents for asset inventory without success. These approaches cannot find unmanaged assets because they typically require credentials to scan or deploy, which are not available for rogue, IoT, and OT devices. As a result, these teams will continue to miss unmanaged devices if they rely on their vuln scanners or EDR agents for asset inventory.

Ultimately, the completeness and accuracy of the data in a CAASM will depend on the quality of the sources you use. While an integration-based approach is a good way to discover managed assets, it’s not the most effective one for unmanaged ones. The best way to discover unmanaged assets is through unauthenticated scanning.

Challenge #2: Getting accurate data

Most CAASMs build asset inventories from API imports with third-party solutions, like vuln scanners and EDRs; they don’t discover assets independently. Instead, they rely on their security and IT stack for asset inventory, so the data is only as good as the source itself. You can generally get a lot of depth about managed devices through integrations, but the quality may be inconsistent and/or inaccurate. Many solutions, like your vuln scanner and EDRs, are not purpose-built for asset inventory, so fingerprinting falls below expectations. Instead, you may get some basic information about the device, like the IP address, MAC address, and vendor, which isn’t significantly helpful for asset inventory. And on top of that, you’re completely in the dark about unmanaged devices.

According to Gartner, data quality affects labor productivity by about 20%. The lack of access to high-quality, accurate data impacts the ability for security teams to make decisions quickly, especially in the face of critical events. To deliver on its full promise, CAASMs need to complement these data sources with active discovery to accurately fingerprint assets.

Complement your integrations-based approach with active scanning for full asset inventory

CAASMs can help with comprehensive asset inventory–if complemented with unauthenticated active discovery. This approach ensures that you’re able to cover all your bases for the CISA BOD 23-01 directive. With a scanner that leverages a security-research based approach to accurately fingerprint devices with high-fidelity, you can feel confident that you have a comprehensive asset inventory of managed and unmanaged assets.

By combining active scanning with an integrations-based approach, managed assets get the benefit of being enriched with additional attributes, while unmanaged assets are identified and fingerprinted.

Partnership Will Drive Increased Adoption of Portnox’s Cutting-Edge NAC Solution Purpose-Built for Large Distributed Organizations in the Region

LONDON — Portnox, which supplies network access control (NAC), visibility and device risk management to organizations of all sizes, today announced that it has partnered with Distology for the sole distribution and resell of its cloud-delivered NAC-as-a-Service solution in the United Kingdom and Ireland.

We chose to partner with Distology because of their successful history of IT security solution distribution in the UK and Irish markets, said Portnox CEO, Ofer Amitai. Were confident this collaboration will yield tremendous growth for both parties, as Portnox has a unique value proposition and Distology has the market enablement expertise to effectively evangelize our network security offering.

We have a long-established relationship with Portnox and it speaks volumes that the team have decided to choose Distology as their sole UK&I distributor. The technology Portnox brings to the market is incredibly exciting and complements our existing vendor stack effortlessly, said Stephen Rowlands, Head of Sales for Distology. Were especially looking forward to representing and promoting Portnox Clear to our growing partner base, as this brand-new cloud-based technology has potential to completely disrupt the market and we foresee masses of growth potential in this innovative product.

Portnox introduced its cloud-delivered NAC-as-a-Service solution to the UK & Irish markets less than two years go. As the first to bring NAC to the cloud, Portnox has quickly gained a foothold in the region, particularly among large distributed enterprises in the retail, construction and utilities industries.

The adoption of our NAC-as-a-Service product in the UK has been very strong to date, said VP of Products, Tomer Shemer. This is a testament to the fact that the UK is one of the markets leading the trend of cloud security adoption. We expect to see continued growth in the coming years in this area of Europe.

Portnox is set to exhibit at this week’s RSA 2020 Conference (booth #4234) in San Francisco, February 24-28. Additionally, Portnox (booth #G108) and Distology (booth #C40) will both be exhibiting at InfoSec Europe 2020, Europes largest event for information and cyber security, in London, June 2-4.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About Portnox
Portnox provides simple-to-deploy, operate and maintain network access control, security and visibility solutions. Portnox software can be deployed on-premises, as a cloud-delivered service, or in hybrid mode. It is agentless and vendor-agnostic, allowing organizations to maximize their existing network and cybersecurity investments. Hundreds of enterprises around the world rely on Portnox for network visibility, cybersecurity policy enforcement and regulatory compliance. The company has been recognized for its innovations by Info Security Products Guide, Cyber Security Excellence Awards, IoT Innovator Awards, Computing Security Awards, Best of Interop ITX and Cyber Defense Magazine. Portnox has offices in the U.S., Europe and Asia. For information visit http://www.portnox.com, and follow us on Twitter and LinkedIn.。

About Distology
Distology is a Market Enabler and offers true value for the distribution of disruptive IT Security solutions. The vendors we work with represent innovative and exciting technology that continues to excite and inspire their reseller network. Our ethos is based on trust, relationships, energy and drive and offers end to end support in the full sales cycle providing vendor quality technical and commercial resource.

How Hostinger onboarded a global remote team overnight with a 5-step plan

Hostinger is a hosting service provider for developers and their customers. With 1.2 million users worldwide and growing, the company works hard on improving customer support and continues updating its server technology for an even better customer experience. On the side, teams are fine-tuning home-designed hPanel, so the work there runs in a high pace environment.

various informating relating to the profile of hostinger

To support business projects and a large customer base, Hostinger has several departments to maintain all the projects and services up and running. Therefore, originally based in Kaunas, Lithuania, the company now has an extensive team of over 1000 employees in 51 countries across the globe. Yet a large team brings its challenges in times of change. Egidijus Navardauskas, Head of Cybersecurity at Hostinger, gives his insider experience on their journey of implementing remote work in extreme situations.

The Challenge

Rapid organization onboarding to remote work during lockdown

Hostinger as most of the companies in the pre-pandemic time, lived a daily office-based life. However, it changed during Covid as all teams started working remotely and adjusting to the new way of living.

“Before the pandemic, we used to work from the office full time —  there was no need for most of the teams to use an internal VPN solution except for a part of the IT staff.”

Click to tweet

Once the lockdown period came into effect and workforce borders started expanding, the existing VPN solution limitations were revealed. It wasn’t initially built to scale sufficiently and provide a reliable VPN connection to handle the fast growth of remote employees in different countries.

The employee distribution and work from personal networks required the company to grant them a swift connection to internal resources. However, operational continuity was at high risk, and the current setup lacked role-based network access controls for maintaining security levels. 

The Solution

Replace the existing VPN with a more agile solution

The employees used to work from the office all the time, and only a part of the IT staff was using an internal VPN solution as there was no need for most of the teams to access internal resources after working hours. 

“As Hostinger had to move to a remote working model due to the pandemic and fast growth of remote employees in different counties, the existing VPN solution was not scalable enough to handle many users.”

Click to tweet

Transitioning from an on-site environment to remote work quickly can be challenging for any business. Especially in the case of Hostinger, which experienced a sudden necessity to change its work and infrastructure approach.

Ad-hoc tasks are difficult to squeeze into tight schedules even in extreme circumstances, so time management and efficient distribution of resources are crucial — choosing the right solution from the first shoot is critical.

“Time shortage and lack of human resources, as all IT teams were very busy with their quarterly goals, were the additional factors that impacted the remote work situation.”

Click to tweet

Therefore, the journey from identifying the issue, selecting a solution, and making the delivery had to be well-organized and smooth.

Why choose NordLayer?

NordLayer provided an optimal solution to change the existing company VPN and seamlessly integrate it into the current infrastructure.

Even though the requirements for a new VPN were extended to establish remote connections of the worldwide-distributed high number of employees to organizational resources and provide secure identity management measures to the IT administrators. 

“NordLayer topped the shortlisted solutions by Hostinger by being the most cost-effective and easiest-to-manage option — this is how we chose the solution.”

Click to tweet

When selecting a cybersecurity solution, Hostinger usually uses a risk-driven approach, and of course, the solution has to fulfill requirements that are suitable for our company’s needs. Following the practice ensures the organization’s main security goals, which are confidentiality, integrity, and availability of resources and data. 

5 steps to onboard a global remote team overnight: decision-making process and proceeding with NordLayer

Clear steps and objectives helped Hostinger to optimize and streamline its process of problem-solving from understanding the current solution limitations — cannot scale with a growing team,  what are the desired results — provide network access controls, meet compliance and security requirements, and provide backup servers, to overviewing the plan and implementing to the whole organization.

The Outcome

Fast adaptation to a crisis with extended security outcome

The company achieved a remote work setup on time, so business and team productivity weren’t affected. It all happened while facing a global lockdown with time and human resources limitations.

Today, all Hostinger employees use the solution daily as the team works in a hybrid model. We utilize ten private virtual gateways for our company needs — all this just having NordLayer and a 5-people cybersecurity team.

Most importantly, Hostinger employees can connect securely to internal resources no matter where they are. Moreover, the IT staff can focus more on other projects rather than maintaining internal VPN infrastructure — the service provider is responsible for the maintenance of the servers, so it saves a lot of valuable time. 

Pro cybersecurity tips 

The pandemic may start feeling like old news at some point the more time passes by, yet it was an unusual situation that had effects on businesses that reflect up to this day and will stay relevant in the future, like teaching to react to extreme situations to keep businesses running. Even though not everything can be foreseen, thus it’s beneficial to have a strategy and a sound plan in place to be well-prepared.

It’s good to start even from small things — Head of Cybersecurity of Hostinger Egidijus Navardauskas shares his tips for business security:

Have you considered how your organization would hold if stress-tested? What would be the main impediments to securing business continuity? Even expected challenges can bring to light lacking security and adoption of implemented infrastructure. Therefore, it’s always worth exploring the possibilities and performing crisis drills even on paper — be ready to ensure teams and organization perforation despite the work setup, and reach out to learn more about a remote access network solution for modern companies.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

These days, cybercrime is rampant. It’s no longer a matter of “if” you’re going to suffer an attack but “when” it will happen. All companies want to be ready for any crisis. And this is where a business continuity plan comes into play.

But what is a business continuity plan exactly? Why is it important? What should one include? Today, we’re exploring all these questions in-depth.

What is a business continuity plan?

A business continuity plan (BCP) is a document that sets guidelines for how an organization will continue its operations in the event of a disruption, whether it’s a fire, flood, other natural disaster or a cybersecurity incident. A BCP aims to help organizations resume operations without significant downtime.

Unfortunately, according to a 2020 Mercer survey, 51% of businesses across the globe don’t have a business continuity plan in place.

What’s the difference between business continuity and disaster recovery plans?

We often confuse the terms business continuity plan and disaster recovery plan. The two overlap and often work together, but the disaster recovery plan focuses on containing, examining, and restoring operations after a cyber incident. On the other hand, BCP is a broader concept that considers the whole organization. A business continuity plan helps organizations stay prepared for dealing with a potential crisis and usually encompasses a disaster recovery plan.

Importance of business continuity planning

The number of news headlines announcing data breaches has numbed us to the fact that cybercrime is very real and frequent and poses an existential risk to companies of all sizes and industries.

Consider that in 2021, approximately 37% of global organizations fell victim to a ransomware attack. Then consider that business interruption and restoration costs account for 50% of cyberattack-related losses. Finally, take into account that most cyberattacks are financially motivated and the global cost of cybercrime topped $6 trillion last year. The picture is quite clear — cybercrime is a lucrative venture for bad actors and potentially disastrous for those on the receiving end.

To thrive in these unpredictable times, organizations go beyond conventional security measures. Many companies develop a business continuity plan parallel to secure infrastructure and consider the plan a critical part of the security ecosystem. The Purpose of a business continuity plan is to significantly reduce the downtime in an emergency and, in turn, reduce the potential reputational damage and — of course — revenue losses.

Business continuity plan template

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Business Continuity Plan Example

[Company Name]

[Date]

I. Introduction

  • Purpose of the Plan

  • Scope of the Plan

  • Budget

  • Timeline

The initial stage of developing a business continuity plan starts with a statement of the plan’s purpose, which explains the main objective of the plan, such as ensuring the organization’s ability to continue its operations during and after a disruptive event.

The Scope of the Plan outlines the areas or functions that the plan will cover, including business processes, personnel, equipment, and technology.

The Budget specifies the estimated financial resources required to implement and maintain the BCP. It includes costs related to technology, personnel, equipment, training, and other necessary expenses.

The Timeline provides a detailed schedule for developing, implementing, testing, and updating the BCP.

II. Risk Assessment

  • Identification of Risks

  • Prioritization of Risks

  • Mitigation Strategies

The Risk Assessment section of a Business Continuity Plan (BCP) is an essential part of the plan that identifies potential risks that could disrupt an organization’s critical functions.

The Identification of Risks involves identifying potential threats to the organization, such cybersecurity breaches, supply chain disruptions, power outages, and other potential risks. This step is critical to understand the risks and their potential impact on the organization.

Once the risks have been identified, the Prioritization of Risks follows, which helps determine which risks require the most attention and resources.

The final step in the Risk Assessment section is developing Mitigation Strategies to minimize the impact of identified risks. Mitigation strategies may include preventative measures, such as system redundancies, data backups, cybersecurity measures, as well as response and recovery measures, such as emergency protocols and employee training.

III. Emergency Response

  • Emergency Response Team

  • Communication Plan

  • Emergency Procedures

This section of the plan focuses on immediate actions that should be taken to ensure the safety and well-being of employees and minimize the impact of the event on the organization’s operations.

The Emergency Response Team is responsible for managing the response to an emergency or disaster situation. This team should be composed of individuals who are trained in emergency response procedures and can act quickly and decisively during an emergency. The team should also include a designated leader who is responsible for coordinating the emergency response efforts.

The Communication Plan outlines how information will be disseminated during an emergency situation. It includes contact information for employees, stakeholders, and emergency response personnel, as well as protocols for communicating with these individuals.

The Emergency Procedures detail the steps that should be taken during an emergency or disaster situation. The emergency procedures should be developed based on the potential risks identified in the Risk Assessment section and should be tested regularly to ensure that they are effective.

IV. Business Impact Analysis

The Business Impact Analysis (BIA) section of a Business Continuity Plan (BCP) is a critical step in identifying the potential impact of a disruption to an organization’s critical operations.

The Business Impact Analysis is typically conducted by a team of individuals who understand the organization’s critical functions and can assess the potential impact of a disruption to those functions. The team may include representatives from various departments, including finance, operations, IT, and human resources.

V. Recovery and Restoration

  • Procedures for recovery and restoration of critical processes

  • Prioritization of recovery efforts

  • Establishment of recovery time objectives

The Recovery and Restoration section of a Business Continuity Plan (BCP) outlines the procedures for recovering and restoring critical processes and functions following a disruption.

The Procedures for recovery and restoration of critical processes describe the steps required to restore critical processes and functions following a disruption. This may include steps such as relocating to alternate facilities, restoring data and systems, and re-establishing key business relationships.

The Prioritization section of the plan identifies the order in which critical processes will be restored, based on their importance to the organization’s operations and overall mission.

Recovery time objectives (RTOs) define the maximum amount of time that critical processes and functions can be unavailable following a disruption. Establishing RTOs ensures that recovery efforts are focused on restoring critical functions within a specific timeframe.

VI. Plan Activation

  • Plan Activation Procedures

The Plan Activation section is critical in ensuring that an organization can quickly and effectively activate the plan and respond to a potential emergency.

The Plan Activation Procedures describe the steps required to activate the BCP in response to a disruption. The procedures should be clear and concise, with specific instructions for each step to ensure a prompt and effective response.

VII. Testing and Maintenance

  • Testing Procedures

  • Maintenance Procedures

  • Review and Update Procedures

This section of the plan is critical to ensure that an organization can effectively respond to disruptions and quickly resume its essential functions.

Testing procedures may include scenarios such as natural disasters, cyber-attacks, and other potential risks. The testing procedures should include clear objectives, testing scenarios, roles and responsibilities, and evaluation criteria to assess the effectiveness of the plan.

The Maintenance Procedures detail the steps necessary to keep the BCP up-to-date and relevant.

The Review and Update Procedures describe how the BCP will be reviewed and updated regularly to ensure its continued effectiveness. This may involve conducting a review of the plan on a regular basis or after significant changes to the organization’s operations or threats.

What should a business continuity plan checklist include?

Organizations looking to develop a BCP have more than a few things to think through and consider. Variables such as the size of the organization, its IT infrastructure, personnel, and resources all play a significant role in developing a continuity plan. Remember, each crisis is different, and each organization will have a view on handling it according to all the variables in play. However, all business continuity plans will include a few elements in one way or another.

  • Clearly defined areas of responsibility

    A BCP should define specific roles and responsibilities for cases of emergency. Detail who is responsible for what tasks and clarify what course of action a person in a specific position should take. Clearly defined roles and responsibilities in an emergency event allow you to act quickly and decisively and minimize potential damage.

  • Crisis communication plan

    In an emergency, communication is vital. It is the determining factor when it comes to crisis handling. For communication to be effective, it is critical to establish clear communication pipelines. Furthermore, it is crucial to understand that alternative communication channels should not be overlooked and outlined in a business continuity plan.

  • Recovery teams

    A recovery team is a collective of different professionals who ensure that business operations are restored as soon as possible after the organization confronts a crisis.

  • Alternative site of operations

    Today, when we think of an incident in a business environment, we usually think of something related to cybersecurity. However, as discussed earlier, a BCP covers many possible disasters. In a natural disaster, determine potential alternate sites where the company could continue to operate.

  • Backup power and data backups

    Whether a cyber event or a real-life physical event, ensuring that you have access to power is crucial if you wish to continue operations. In a BCP, you can often come across lists of alternative power sources such as generators, where such tools are located, and who should oversee them. The same applies to data. Regularly scheduled data backups can significantly reduce potential losses incurred by a crisis event.

  • Recovery guidelines

    If a crisis is significant, a comprehensive business continuity plan usually includes detailed guidelines on how the recovery process will be carried out.

Business continuity planning steps

Here are some general guidelines that an organization looking to develop a BCP should consider:

Analysis

A business continuity plan should include an in-depth analysis of everything that could negatively affect the overall organizational infrastructure and operations. Assessing different levels of risk should also be a part of the analysis phase.

Design and development

Once you have a clear overview of potential risks your company could face, start developing a plan. Create a draft and reassess it to see if it takes into account even the smallest of details.

Implementation

Implement BCP within the organization by providing training sessions for the staff to get familiar with the plan. Getting everyone on the same page regarding crisis management is critical.

Testing

Rigorously test the plan. Play out a variety of scenarios in training sessions to learn the overall effectiveness of the continuity plan. By doing so, everyone on the team will be closely familiar with the business continuity plan’s guidelines.

Maintenance and updating

Because the threat landscape constantly changes and evolves, you should regularly reassess your BCP and take steps to update it. By making your continuity plan in tune with the times, you will be able to stay a step ahead of a crisis.

Level up your company’s security with NordPass Business

A comprehensive business continuity plan is vital for the entire organization’s security posture. However, in a perfect world, you wouldn’t have to use it. This is where NordPass Business can help.

Remember, weak, reused, or compromised passwords are often cited as one of the top contributing factors in data breaches. It’s not surprising, considering that an average user has around 100 passwords. Password fatigue is real and significantly affects how people treat their credentials. NordPass Business counters these issues.

With NordPass Business, your team will have a single secure place to store all work-related passwords, credit cards, and other sensitive information. Accessing all the data stored in NordPass is quick and easy, which allows your employees not to be distracted by the task of finding the correct passwords for the correct account.

In cyber incidents, NordPass Business ensures that company credentials remain secure at all times. Everything stored in the NordPass vault is secured with advanced encryption algorithms, which would take hundreds of years to brute force.

If you are interested in learning more about NordPass Business and how it can fortify corporate security, do not hesitate to book a demo with our representative.

 

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

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