True or False: Disaster Planning is not part of the BCP?2. True or False: you still need a BCP or DRP if you have business liability insurance, asset replacement insurance and natural disaster insurance3. True or False: If a business cannot operate, the BCP assists in bringing the business back to life and operational readiness.

Business Continuity Planning (BCP) is the process that creates preventive and recovery measures in the event of a disaster. It defines the potential risks facing the operations of a business and puts a strategy in place to mitigate these risks. A BCP also puts checks in place to confirm that the strategy works. If a business cannot operate due to a disaster, the BCP assists in bringing the business back to life and operational readiness.

Disaster Recovery Planning (DRP) is a process that deals with identifying and mitigating the risks to the Information Technology assets of a business if there is a disaster. DRP ensures that these assets are protected and data integrity is maintained through backup and a recovery plan.

It is advisable to have BCP or DRP in addition to insurance as insurance will not cover the cost of sales or customers lost while a business tries to rebuild itself after a disaster.