Business continuity

Only half of industrial firms confident they could recover quickly from disaster
Many organizations are struggling to manage their data in hybrid physical, virtual, and cloud environments; many still use multiple, disparate tools, which are likely to be spread across multiple sites, with just over a third (36 percent) managing three or more different solutions to protect their critical data
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Verizon says it is ready for hurricane season
With less than a month to go until the start of the 2012 hurricane season, Verizon says its wireless network is prepared to serve customers in the event of a major storm or emergency
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Business continuity paper competition winner announced
A paper titled “High Fidelity Simulation Exercises for Training Strategic Crisis Management” wins continuity journals’ best Business Continuity Paper of the Year 2012 competition
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Cost of a dirty bomb attack in L.A. would reach $16 billion
A dirty bomb attack on downtown Los Angeles’ financial district could severely affect the region’s economy at a cost nearly $16 billion, fueled primarily by psychological effects which could persist for a decade
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Industrial, materials industry facing risks on global scale
The struggling global economy and recent disasters, including the Thailand floods and Japan earthquake and tsunami, have forced the global industrial and materials industry to change the way it views and prioritizes resources for risk response
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April 2011 was one of the worst ever in terms of killer tornadoes
The month of April 2011 saw a historic outburst of 202 tornadoes which turned broad swaths of southeastern United States into a disaster zone; researchers believe that something called a “thermal boundary” set the stage for the birth of these killer storms
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Scale of 2011 disasters challenged established thinking on nature of risk
New paper says that the scale of the catastrophes experienced in 2011 exceeded previous loss-modeling predictions and has challenged established thinking on the nature of risk; the paper says that, post-2011, companies need to re-examine their risk management strategies and introduce new methodologies to strengthen their operational and financial resilience
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Missouri announces additional funding for Disaster Recovery Jobs Program
Missourigovernor announces an investment of $16.5 million in federal National Emergency Grant (NEG) funding to create temporary jobs for workers in twenty-nine Missouri counties affected by tornadoes, floods, and severe storms last year
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Virginia receives $40 million in federal disaster aid following quake
Following the rare east coast earthquake last year, Virginia has received nearly $40 million in federal disaster aid
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Study finds disaster survivors more prone to fatal mistakes
A new study concludes that survivors of traumatic natural disasters may suffer from a decline in mental capabilities causing them to make grave errors in their daily lives
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Apps, digital tools to help cope with disasters
The Department of Health and Human Services has posted on its Web a list of apps and digital tools which would help individual cope with disasters and the challenges disasters pose
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Disasters hurt Honda’s production, lower revenue
On Tuesday Japanese auto manufacturer Honda Motor Company announced that it had slashed its annual profit guidance as a result of the natural disasters in Japan and Thailand
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FEMA grant helps UW create disaster plan
The University of Wisconsin is currently hard at work developing a comprehensive disaster preparedness plan with the help of FEMA
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FEMA urges greater public-private cooperation in disaster response
Speaking at the International Disaster Conference and Exposition, Craig Fugate, the head of the Federal Emergency Management Agency (FEMA), urged emergency planners to take a broader view of disaster response and include the private sector
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Japanese VC invests in disaster data recovery specialist
Sumitomo’s U.S.-based venture investment arm, Presidio Ventures, has made an investment in Axxana, a specialist in data protection in the event of disasters
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