Used in risk management[2] and disaster recovery[1] planning. Describes a plan to manage processes and data[3] in the event of a catastrophe or outage that prevents normal use of the system.
Disaster recovery deals with protecting an organization from the effects of significant negative events, events that put an organization’s operations at risk such as cyber attacks and equipment failures, or hurricanes, earthquakes and other natural disasters. A disaster recovery plan (DRP) documents policies, procedures and actions to limit the disruption to an organization in the wake of a disaster.
The identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities.
