Corporate Crisis Management Blog
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3 Crisis Management Case Studies We Can Learn From
Of the more than 27 million U.S. businesses in operation, an incredible 99 percent are small businesses with fewer than 500 employees. These smaller firms are arguably the most vulnerable to emergencies. In fact, nearly 40 percent of small businesses close following a disaster. This is proof that small businesses need to be effectively prepared for any crises that may hit.
Risk & Costs of Not Having a Business Continuity Management Program
Considering the number of threats that organizations face today, it may be surprising to learn that the majority of companies are not prepared for a business-affecting emergency. Unfortunately, it’s true: The Disaster Recovery Preparedness Council found that nearly three quarters of organizations worldwide aren’t properly protecting their data and systems.
Cybersecurity Considerations for Your Business Continuity Planning
With every passing year, cybersecurity becomes more of a concern for business continuity planning initiatives. Participants in the 2016 Business Continuity Institute Horizon Scan ranked cyberattack as their No. 1 threat, with data breach a close second. Over the last few years, these two categories have climbed the ranks in terms of most significant threats—an indication of how rapidly cybersecurity has become a key concern of business continuity professionals across the globe.