How often should a Business Continuity Plan be reviewed and updated?

A Business Continuity Plan (BCP) should be reviewed and updated at least annually or in response to significant changes within the organization. This practice ensures that the plan remains relevant and effective in addressing current risks and operational needs. Regular reviews allow organizations to incorporate lessons learned from exercises, changes in personnel, technology, business processes, or the external environment that may impact the continuity plan.

By conducting annual reviews, organizations can identify gaps, adjust strategies, and ensure that the documented procedures reflect the latest operational realities. Additionally, significant changes—such as mergers, acquisitions, new technology deployments, or changes in regulatory requirements—can significantly affect continuity strategies, making it essential to reassess and update the BCP in response to these factors.

Having a structured review process promotes preparedness and ensures that all staff members are aware of the most current practices and policies related to business continuity, facilitating a quicker and more efficient response in times of crisis.