According to the Disaster Recovery Institute (DRI), the actual scope of work of a BC or resilience professional hasn’t really changed. Organizations still must have high-quality response and damage limitation plans formulated by skilled planners. The change in the resilience profession, however, is moving away from a technical specialization and into mainstream business risk management. DRI reports that consolidation of resilience disciplines has increased over the past year. The main result of this is that fewer organizations have independent business continuity departments, with BC professionals being incorporated into existing risk management or information security divisions.
Whether fire, flood, drought, earthquake, hurricane, political unrest or cyberattack, there is no place that organizations can go to be completely safe from disaster.
For the third year in a row the potential of a natural disaster, such as a hurricane, tornado, flood or wildfire, is the type of threat that causes most concern among Americans.
Climate Central, a nonprofit news organization that analyzes and reports on climate science, has ranked the U.S. cities most vulnerable to major coastal floods.
The House of Representatives voted to pass legislation that encourages the sale of private flood insurance in place of policies from the federal government.
Failing to prepare for extreme weather events has cost the United States $1.15 trillion in economic losses from 1980 to 2010 and could cost another trillion in coming years.
