This
paper explains that a
business continuity plann is the method or process whereby financial institutions ensure the
protection or
recovery of operations, including services to customers, when confronted with adverse events such as natural disasters, technological failures, human error or terrorism. The author points out that the research indicates that the Oman
banking industry has an idea of what it should be doing for its business continuity plans, but instead, it looks primarily at the I.T. situation, which is important but fails to develop plans for all of the necessary phases of the banking business. The paper stresses that the strongest recommendation, which can be made for the Oman banking industry and for other businesses, is the need for
redundancy in every phase of the operation, even maintenance of records outside the country. Tables and graphs. Table of Contents Introduction Introduction and Background Statement of the Problem Purpose of the Study Theoretical Basis Limitations of the Study Definition of Terms Organization of the Remainder of the Study Review of Related Literature Methodology Research Design and Approach Population and Sample Collection and Tabulation of Data Data Analysis Procedures Policy Document for a Business Continuity Plan in the Oman Banking Industry Analysis of the Data, Results, and Discussion Summary, Conclusion, and Recommendations