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Disaster Recovery and Business Continuity for Accountants and Financial Professionals (Currently Unavailable)

Author: Stephen M. Yoss

CPE Credit:  2 hours for CPAs

Disaster can come in many forms, from a flood to a data breach, to the death of a critical member of your team. When a disaster happens, it is never at a convenient time. It doesn't matter if it is holidays, right before your vacation, or at the end of a grueling busy season. It just happens and you're left to pick up the pieces. The first 24 hours of a disaster are the most critical. How are you going to get back online? How are you going to organize a safe work environment for your staff? How are you going to communicate what has occurred and what you are doing to resolve it to your stakeholders? An organization that is without its data or communications for a prolonged period has a significant risk of going out of business. Every minute of downtime is lost productivity, a missed deadline, or a forfeited opportunity. It isn't a matter of if a disaster occurs, but when it does occur how you will respond.

This course will discuss a wide range of disasters from acts of God to man-made calamities, including data breaches and employee maleficence. It offers insight into the major risks, their causes, methods for mitigation of risks, and recommendations for resolution. It will have a detailed discussion on how using technology effectively can help minimize and hedge business risk and ensure continuity of operations. It will examine best practices for data security, the use of hot/cold sites, how to ensure that data is properly backed up, utilizing the Cloud for enhanced redundancy, and more. It is a good course for any organization that is concerned about the continuity of operations and surviving a disaster.

Publication Date: December 2020

Topics Covered

  • Disaster recovery and business continuity
  • Types of disasters and risks facing your organization
  • The risks with identity theft, data breaches, data loss and other technology disasters
  • Resources for building your organization's recovery plans
  • Spotlight on Data Breaches
  • Spotlight on Data Loss
  • BCP Planning Guidelines

Learning Objectives

  • Identify the major types of disasters, how they occur, and the impact on the organization
  • Recognize best practices and steps necessary to resolve and mitigate the most common types of disasters inside an organization
  • Recognize and analyze the financial, environmental, and societal impact of a disaster on an organization
  • Identify how to develop a plan to identify the major risks to an organization and make recommendations to management to mitigate exposure
  • Identify existing business functionalities that could be moved to the Cloud to help reduce operating risk to the organization
  • Recognize how to select various technologies, vendors, platforms, apps, and tools that an organization can use to help prevent, mitigate, or resolve the most common disasters
  • Describe three types of MFA methods

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Information Technology (2 hours)

Program Prerequisites
None

Advance Preparation
None

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