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Board Responsibility in Business Continuity/ Disaster Recovery Planning

What, in your opinion, is your board’s responsibility in business continuity, crisis management and disaster recovery planning?

The board should take primary responsibility, directing management

15.9%

Do you market your company’s business continuity/disaster recovery plans as a benet to your company’s customers?

No

Management should take primary responsibility, advising the board

Other

79% 5.1%

(Other answers included: “It will depend on the nature of the disaster.” “Management should take primary responsibility with the board having the responsibility to ensure that this is done.” “It should be a collaborative ef ort.”)

Does your board have a dedicated business continuity or risk assessment committee or a board member tasked with this issue?

Other

Not applicable

2.9%

Yes

5.1%

22.5%

No

Who’s responsible for informing the board of risk issues at your company?

(Multiple responses allowed.)

Board committee

15%

Designated board member

7.1%

CEO

7.9%

CFO

35.7%

Internal Auditor

7.1%

Chief Risk Ocer

7.9%

Chief Legal Counsel

4.3%

External auditor

0%

Business unit leaders

13.6%

Other

7.9%

69.6%

(Other answers included: “Probably the CFO and CLC.” “President & COO.” “Employees.” “CIO.” “Board at large.)

Extremely important

3.6%

Important

40.7%

Somewhat important

1.4%

Not important

1.1%

Other

.1%

(Other answers included: Audit committee periodically reviews the plan.” “For no , risk assessment has only been assessed by IT manager with outside consultants as backup.”)

How important is business continuity planning to your board?

Boardroom Brieng: Business Continuity and Disaster Recovery

Other

Not applicable

2.8%

Yes

11.8%

12.5%

72.9%

As needed Every meeting At least once per year Less often than once per year It’s never been on the agenda

1.6% 0.7% 36% 0.9% 14.4%

Other

6.5%

How often is business continuity planning/disaster recovery on the agenda for your board meetings?

(Other answers included: “Never was included.” “ Formall , twice a year.” “In connection with strategic plan reviews.”)

If you serve on multiple boards, do you see major dierences among the companies you direct in terms of business continuity planning/disaster recovery?

Don’t serve on multiple boards

Not applicable

15.3%

24.1%

Yes

No

    • 43.8

      %

    • 16.8

      %

21

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