Governance, risk, compliance
Governance
A set of procedures that regulate the relationship between the board of directors, executive management, and partners, and is called the good governance practice style.
Risks
The department is responsible for identifying, analyzing, and assessing the risks to which the organization is exposed and for developing appropriate treatment plans to reduce the effects of the risks.
Compliance
Ensuring compliance with legislative and legal requirements and the organization’s adherence to all internal and external legislation and regulations that constitute an obligation upon it.
Benefits of Business Continuity Management
- Maintaining the organization's ability to deal with unforeseen risks
- Pre-determining the effects of critical and important business interruptions
- Demonstrate reliable response capability
- Improving stakeholder confidence
- Building effective capacity to respond to disruptions
- Gaining a competitive advantage
- Reducing losses and business downtime
- Compliance with national legislation as required by the Digital Government Authority - Cybersecurity Authority - National Risk Council