Document background
The Business Continuity Plan Risk Assessment is a critical document required for organizations operating in South Africa to evaluate and prepare for potential business disruptions. It is particularly relevant in the context of South Africa's complex regulatory environment, which includes requirements under the Disaster Management Act, POPIA, and various sector-specific regulations. This document should be prepared when establishing or updating business continuity plans, during major organizational changes, or as part of regular risk review cycles. It typically includes detailed analysis of operational risks, compliance requirements, and mitigation strategies, while considering unique local factors such as infrastructure challenges, political dynamics, and economic conditions specific to South Africa. The assessment helps organizations meet their governance obligations under the King IV Report and demonstrates due diligence in risk management to stakeholders and regulatory authorities.
