Development and implementation of disaster recovery plan in stock exchange industry in Indonesia

Author:

Gaol Ford Lumban1,Andry 2,Matsuo Tokuro3

Affiliation:

1. Computer Science Department, Binus University , Jakarta , Indonesia

2. Master of Information System, Binus University , Jakarta , Indonesia

3. Research Center for Service Science and Artificial Intelligence, Advanced Institute of Industrial Technology , Tokyo , Japan

Abstract

Abstract The purpose of this work is to develop and implement a disaster recovery plan (DRP) in stock exchange industry in Indonesia, in order to perform a system recovery in the event of a disaster. To develop a DRP, there are several steps that must be performed as a risk analysis to determine how much risk the company would receive when a disaster occurs, business impact analysis to identify critical business units and necessary resources for the recovery process to run smoothly, to identify recovery strategies to be used as a backup method and recovery site, the recovery procedure that needs to be done in order to make the recovery process run properly, testing and review, and documentation of the DRP. Based on the results of tests that have been done, the development of DRPs can be implemented at stock Exchange industry in Indonesia. With the DRP, the company is expected to have a plan to prepare for and recover resources and information systems in order to be able to walk back in the event of a disaster in order to minimize losses to the company.

Publisher

Walter de Gruyter GmbH

Subject

Electrical and Electronic Engineering,Mechanical Engineering,Aerospace Engineering,General Materials Science,Civil and Structural Engineering,Environmental Engineering

Reference26 articles.

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3. British Standard. Business continuity management – Part 1: code of practice. London, UK: British Standard Institution; 2006.

4. Bursa Efek Indonesia. Pedoman business continuity plan Anggota Bursa. Indonesia: Indonesia Stock Exchange; 2012.

5. Business Continuity Planning And Disaster Recovery Planning. Retrieved June 25, 2020. From http://www.icaiknowledgegateway.org/littledms/folder1/chapter-6-business-continuity-planning-and-disaster-recovery-planning.pdf.

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