How did your company react when the Coronavirus hit? Many organizations found themselves dusting off their disaster recovery plans, reacting to the past, and taking a gamble on the future.
Writing for Risk & Compliance Matters, Carrie Penman, Chief Risk & Compliance Officer and Sam Abadir, Director of Industry Solutions for NAVEX Global, have whiteboarded six ways to shift from planning for when a disaster strikes to identifying risks that can lead to disasters, which will disrupt company operations.
The progression starts with empowering your people, enlisting stars of disaster recovery, and paying attention to third parties, through compliance, planning with ethics in mind, and making resiliency an organizational initiative.
Read their full blog on this topic at Risk & Compliance Matters.