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In a recent study assessing business risks, nearly every CEO polled reported their company had dealt with at least one physical risk during the last three years.Jul 25, 2023
Managed IT Services
| In a recent study assessing business risks, nearly every CEO polled reported their company had dealt with at least one physical risk during the last three years. In fact, analysts estimated these firms faced as many as 10 physical threats—ranging from natural phenomena like extreme weather to infrastructure failures like power losses—every minute during 2022. But there was reassuring news, too. The same survey found that nine of 10 organizations believe technology can help mitigate and manage physical risks. Makes sense. Technologies such as a highly secure, accessible, available and reliable network coupled with robust data backup and recovery routines can restore business operations after a physical catastrophe within days, if not hours. In the aftermath of physical calamities, resilient IT systems are critical to reducing economic damage by enabling staff to continue working from the safety of remote locations, if not in the office. Resilient IT also plays a pivotal role in avoiding business disasters. For example, vigilant cybersecurity can prevent costly data breaches and repel digital extortion like ransomware. That’s why we encourage company leaders to prioritize IT strategy when developing crisis management plans. This posture is especially important for SMBs. Despite casualty insurance, few have the breadth and depth of resources to insulate themselves entirely from major business disruptions, digital or physical. Technology could make the literal difference between the life or death of a business. Call us if you’d like to benefit from our deep experience supporting IT that minimizes disasters and enables a speedy recovery. |
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