Contingency Management Plan

1. Introduction

At bioNEST IASST, We committed to ensuring the continuity of its operations in the face of unexpected disruptions. This Contingency Management Plan outlines the strategies for risk mitigation, response, and recovery.

2. Risk Assessment

• Identification of potential threats including cyber-attacks, natural disasters, and system failures.
• Evaluation of critical assets and their vulnerability to various risks.

3. Prevention and Preparedness

• Regular security audits and system backups to minimize risks.
• Employee training on contingency protocols and emergency response.
• Implementation of redundancy measures for critical infrastructure.

4. Incident Response

• Activation of the emergency response team upon identification of an incident.
• Immediate containment of the threat to prevent further damage.
• Communication with stakeholders and relevant authorities.

5. Recovery and Restoration

• Assessment of damage and development of a restoration plan.
• Prioritization of critical systems and services for recovery.
• Continuous monitoring and improvement of contingency measures.

6. Policy Review and Updates

Regular updates to the Contingency Management Plan based on emerging threats and lessons learned from incidents. Periodic testing and drills to ensure the effectiveness of the plan.

7. Contact Information

For emergency support and inquiries, please contact bioNEST IASST at bionest.iasst@gmail.com