Open Engineering (Oct 2022)

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

  • Gaol Ford Lumban,
  • Andry,
  • Matsuo Tokuro

DOI
https://doi.org/10.1515/eng-2022-0054
Journal volume & issue
Vol. 12, no. 1
pp. 605 – 615

Abstract

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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.

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