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Continuity tests are the most critical activity before finalizing and implementing a newly developed business continuity plan. The Basel committee, a global standard setter for the [text cut off]
Q.4271 John Henderson, FRM, is the newly appointed chief officer in charge of information systems and security at Capital Bank. Upon scrutinizing the bank’s cyber-security strategy, he has found that the bank lacks a well thought out business continuity plan that can be adopted in the event of an exceptional event or crisis. With the help of other executives, he proceeds to conduct a business impact assessment and singles out the most critical activities, resources, and services that would be in need of rapid restoration in the event of a cyber-attack. Which of the following activities would be most critical before finalizing and implementing the newly developed plan?
A
Consultations with other banks in the same jurisdiction
B
Continuity tests
C
A detailed review of past cyber-related incidences
D
Data recovery tests
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