CONTINGENCY PLANNING OF BANKING INDUSTRY

Name: Marjehannah Sarip Ali Strand: ABM Date: April 4, 2021

Likelihood Impact
Solution to deal with
Event of event on Priority How Who When
event
occurring Business
Heavy Rain High High 1 The staff can work from Provide staff with Banking Sector July 13- 28
preventing the home during the event laptops, Wi-Fi,
staff attending Mobile phones, and
work remote access
service.
Stealing assets High High 1 The staff will be Investigating each Banking August 5-
from the investigated and inspect employees’ personal Security 20
customers their transactions with the accounts and trace
preventing the customers and their the moocher.
employees to personal bank accounts.
go home.

Covid-19 High High 1 The staff can work at their Provide staff with Banking Sector October
preventing the respective homes during laptops and accessing 15-25
employees in the event. Files and Folders on
the bank to Windows with their
work. works.

The computers High High 1 The staff cannot work until Implement SCA Banking November
are affected the banking security allow Compliant 2FA for Security 15-28
by banking them to do their works the bank.
malware again.
 Head office Medium/Low High 2 Run the bank transactions Provide temporary Financial December
damaged by from the other branch office space and Services Sector 10- 24
fire temporarily. accomplish the
transactions first.

Prepared By: Marjehannah S. Ali