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Security Newswire

Second Wave of COVID-19 Feared as Leading Threat to Business Continuity

coronavirus
June 11, 2020

In a new survey, more than 70 percent of companies’ primary business continuity concern is further disruption from a second wave of the COVID-19 pandemic.

While there is a keen focus on return to work measures, one fifth (21%) of the respondents still don’t have a pandemic plan and process in place. Furthermore, more than 20% expect mental health issues to also pose a major threat in the coming year. The International SOS Return to Work survey reveals business operations impacts of COVID-19, as well as the key mitigation measures organizations are prioritizing to strengthen. The survey analyzed responses from professionals responsible for supporting the health, safety, security and well-being of employees.

Are organizations doing enough to return to work safely and combat a second wave?

The survey found that the top two priorities organizations are implementing in their safe return to work are:

  • updating business continuity plans (60%)
  • on-the-ground support for colleagues (59%).

These are followed by implementation of COVID-19 compliance monitoring tools (56%), health screening (50%) and mental health support (44%).

 

 

Updating business continuity plans and protocols

60%

On-the-ground support for employees

59%

COVID-19 compliance monitoring tools

56%

Investing in fit-for-work health screening

50%

Providing more mental health support

44%

Site threat monitoring tools

36%

Analytical tools for assessing return to work / ops

35%

Investing in TeleHealth services for employees

25%

Increased investment in employee healthcare

23%

Mental Health at-risk

The risk to mental health is considered the fourth biggest threat to business continuity in the next 12 months, with one fifth of respondents fearing that this will have an impact. This follows disruption from a potential COVID-19 second wave (73%), country lockdowns (67%) and international border restrictions (57%). The results revealed that more than 17% of those surveyed said that mental health issues had already impacted the continuityi of their business operations.

 

KEYWORDS: business continuity COVID-19 pandemic risk mitigation Security work from home

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