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Catastrophe risk modeling firm EQECAT Inc. estimates $5 billion to $10 billion in insured losses and $10 billion to $20 billion in total economic damages from Hurricane Sandy.
Thousands of workers in South African platinum mines have joined illegal strikes recently, causing Anglo American Platinum to tell the mere 20 percent of workers who still clock in to stay home Tuesday.
When I was growing up in New Jersey, if someone hit you in the nose and took your lunch money, well, you didn’t eat lunch that day. In the cyber world the punches are bigger, the dollars are tremendous and you don’t eat lunch because once your intellectual and physical property is gone, so are the jobs and paychecks that IP created.
We often talk about business continuity in practical, pragmatic terms. But it’s important to remember that when a crisis hits a company, no matter how well prepared that company is, emotions will run high.