A key feature of a business continuity plan is a risk assessment. This determines the external risks to your business and usually includes natural disasters, civil unrest, public health, and cyber threats. When assessing the risks facing a client, I start by Googling “natural threats to (insert city/state)” and perusing through various results until I find some legitimate sources with historical information on common weather events. After a couple of hours of research, combined with common knowledge (i.e. California gets earthquakes and Kansas gets tornados) I can develop a passable threat assessment. Now that FEMA has published the National Risk…
Convergence of the 3 R’s
Resolution, Resiliency & Risk Two of the most precarious years of financial instability in recent U.S. history were 2001 and...
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Corporate Security Predictions and Trends 2021
2021 is approaching rapidly, though 2020 seems to be lasting an eternity. Most organizations are planning for whatever new normal...
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Supply Chain Balancing Act
This year marked the 20th anniversary of 9/11. What have we learned about supply chain continuity since then? History continues...
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How Geographic Footprint Determines Corporate Sustainability & ESG Risk Assessment
For insights into a company’s ESG risk assessment, look to its geographic footprint. In BDO’s 2024 CFO Outlook Survey, which...
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