InEvent, Inc. ('InEvent') has developed a Business Continuity Plan ('BCP') on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our BCP.
InEvent's policy is to respond to a Significant Business Disruption ('SBD') by safeguarding employees' lives and InEvent property, making a financial and operational assessment, quickly recovering and resuming operations, protecting all of InEvent's books and records, and allowing our client's to use their systems. In the event that we determine we are unable to continue our business, we will assure client's prompt access to their data and logs.
Our plan anticipates two kinds of SBDs, internal and external. Internal SBDs affect only InEvent's ability to communicate and do business, such as a fire in our building. External SBDs prevent the operation of events, such as a terrorist attack, a city flood, or a wide-scale regional disruption. Our response to an external SBD relies more heavily on other organizations.
InEvent maintains copies of its BCP plan and the annual reviews, and the changes that may be made to it for inspection. InEvent operates from 25 Broadway 9th Floor New York NY 10004.
In the event of an SBD, we will move our staff from affected office(s) to the closest unaffected temporary office location(s).
In the event of an SBD, we will immediately identify what means will permit us to communicate with our clients, employees, critical business constituents, critical banks, critical counter-parties and regulators.
In the event of an SBD, InEvent will determine the value and liquidity of InEvent's investments and other assets to evaluate InEvent's ability to continue to fund its operations and remain in compliance with net capital and/or net worth requirements.
InEvent will contact its critical business constituents (businesses with which we have an ongoing commercial relationship in support of our operating activities, such as vendors providing InEvent with critical services), and determined the extent to which we can continue our business relationship with them in light of an internal or external SMBD.
InEvent discloses its BCP to clients upon establishing a new account and annually. InEvent will also mail the BCP summary to its clients upon request.
InEvent will periodically, but not less frequently than annually, update this plan whenever there is a material change to our operations, structure, business location or subsidiaries.