Business continuity is the process of ensuring that a company can continue to operate during and after a catastrophic event such as a natural catastrophe, cyber attack, or other emergency. This involves putting in place procedures to maintain company systems and mitigate the effect of accidents on stakeholders.
Example
A corporation may have a Business Continuity Plan in place to guarantee that its payroll system continues to operate even if its headquarters are damaged by a flood or earthquake. Plans may include remote access to payroll data, alternate payment methods, and backup systems for important services.
