You may not want to dedicate the time to reviewing and revising your disaster recovery plan to cover every contingency. Most people don’t. However, survival could be the reward for proper planning and training in the rare event a catastrophic situation overtakes your company. The common element in a hurricane or earthquake could be loss of power. Communication and IT services are most at risk. However there are other threats to these systems. Disruptions to business are quite often of the cyber type. Today we all depend on electronic-based services to conduct daily business. A recent study found that 43% of cyber-attacks are aimed at small businesses. That study showed that 60% of those businesses ceased to exist within 6 months of that attack. How much does your business depend on other companies? In this session, you will hear real-life experience that will aide you in preparing for good outcomes in difficult situations.
Contributors: California Water Service, Hearst Corporation, NTT SecurityCategories: 2017 Fall - Carlsbad, Summit Presentations
SRC Type: Risk Management, Sourcing Management