Business Continuity Plan (BCP)

A Business Continuity Plan is a documented framework defining how an organization will maintain or rapidly resume critical operations during and after a disruption, such as a cyberattack, natural disaster, or vendor failure. In third-party cyber risk management, evaluating a vendor's business continuity plan is a standard component of due diligence, as vendor failures can directly disrupt first-party operations. Also referenced as Business Continuity Planning.