Browse Definitions :

BACKGROUND IMAGE: iSTOCK/GETTY IMAGES

This content is part of the Essential Guide: Disaster prevention and mitigation strategies: Strike early and often
Definition

contingency plan

A contingency plan is a course of action designed to help an organization respond effectively to a significant future event or situation that may or may not happen. 

A contingency plan is sometimes referred to as "Plan B," because it can be also used as an alternative for action if expected results fail to materialize. Contingency planning is a component of business continuity, disaster recovery and risk management.

The seven-steps outlined for an IT contingency plan in the NIST 800-34 Rev. 1 publication are:

1. Develop the contingency planning policy statement. A formal policy provides the authority and guidance necessary to develop an effective contingency plan.

2. Conduct the business impact analysis (BIA). The BIA helps identify and prioritize information systems and components critical to supporting the organization’s mission/business functions.

3. Identify preventive controls. Measures taken to reduce the effects of system disruptions can increase system availability and reduce contingency life cycle costs.

4. Create contingency strategies. Thorough recovery strategies ensure that the system may be recovered quickly and effectively following a disruption.

5. Develop an information system contingency plan. The contingency plan should contain detailed guidance and procedures for restoring a damaged system unique to the system’s security impact level and recovery requirements.

6. Ensure plan testing, training and exercises. Testing validates recovery capabilities, whereas training prepares recovery personnel for plan activation and exercising the plan identifies planning gaps; combined, the activities improve plan effectiveness and overall organization preparedness.

7. Ensure plan maintenance. The plan should be a living document that is updated regularly to remain current with system enhancements and organizational changes.

See a discussion of what a contingency plan is and is not:

This was last updated in September 2015

Continue Reading About contingency plan

Join the conversation

1 comment

Send me notifications when other members comment.

Please create a username to comment.

the contingency
Cancel

-ADS BY GOOGLE

File Extensions and File Formats

Powered by:

SearchCompliance

SearchSecurity

  • time-based one-time password (TOTP)

    A time-based one-time password (TOTP) is a temporary code, generated by an algorithm, for use in authenticating access to ...

  • Security Operations Center (SOC)

    A security operations center (SOC) is a command center facility for a team of IT professionals with expertise in information ...

  • incident response team

    An incident response team is a group of IT professionals in charge of preparing for and reacting to any type of organizational ...

SearchHealthIT

SearchDisasterRecovery

  • disaster recovery team

    A disaster recovery team is a group of individuals focused on planning, implementing, maintaining, auditing and testing an ...

  • cloud insurance

    Cloud insurance is any type of financial or data protection obtained by a cloud service provider. 

  • business continuity software

    Business continuity software is an application or suite designed to make business continuity planning/business continuity ...

SearchStorage

  • storage class memory (SCM)

    Storage class memory (SCM) is a type of NAND flash that includes a power source to ensure that data won't be lost due to a system...

  • Hadoop as a service (HaaS)

    Hadoop as a service (HaaS), also known as Hadoop in the cloud, is a big data analytics framework that stores and analyzes data in...

  • blockchain storage

    Blockchain storage is a way of saving data in a decentralized network which utilizes the unused hard disk space of users across ...

Close