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Summary Wk 4 Business Continuity Plan.docx Sec/321 Business Continuity Plan University of Phoenix Sec/321: Survey of Security Specializations Business Continuity Plan The chance of a major disaster affecting a business may be low, but is it better to be pre
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Wk 4 Business Continuity P Sec/321 Business Continuity Plan University of Phoenix Sec/321: Survey of Security Specializations Business Continuity Plan The chance of a major disaster affecting a business may be low, but is it better to be prepared for the unknown, establish a business continui...
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Sec/321
Business Continuity Plan
University of Phoenix
Sec/321: Survey of Security Specializations
Business Continuity Plan
The chance of a major disaster affecting a business may be low, but is it better to be prepared
for the unknown, establish a business continuity plan. A business continuity plan helps
companies react and respond, keeping the business operating during a disastrous event. The goal
is to protect the business's sales, reputation and prevent possible lawsuits or liability. This
internet video about business continuity planning identifies the process steps "prepare to plan,
define your plan, identify impacts, develop strategies, identify teams/task, and test, evaluate and
update" (ready.gov, 2019) to get a business started with their plan. CVS Pharmacy is a healthcare
organization that helps customers/patients have a healthier lifestyle by providing them with
needed supplies.
Analysis/Risk Assessment
A starting step of a business continuity plan is to prepare for a disastrous event (i.e., weather,
power outage, etc.) by initiating an impact analysis report. The report will have business records,
processes, procedures, financials, inventory, equipment, employee and customer contacts, any
vital documents. For example, CVS Health has more than 9,900 retail locations, employs
300,000 people across the enterprise, 70% of the population lives within 3 miles of a CVS
pharmacy, and 50 million patients visit the MinuteClinic, with total revenue of $256.8 billion
products, perishables, and personal care products. CVS has many personal data records on file of
customers, vendors, and employees' contacts. A reported list of all equipment, computers, cash
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