Extreme risks: the financial services industry addresses ever tougher continuity standards.(Cover story)

From: ABA Banking Journal | Date: March 1, 2008| Author: | Copyright information

[ILLUSTRATION OMITTED]

Bungee jumping, skydiving, or other extreme sports may give an adrenaline rush for many a youthful, plucky soul, but as for the danger and the risk, participants choose it. Something that could be called "extreme context" seems to have become a base element of doing business these days, but you don't choose it and you can't opt out.

Events can arrive whether you operate in, or near, a flood zone, hurricane alley, or high-terror-alert corridors. Preparation counts whether you conduct banking on North Tryon Street, Charlotte, or Park Avenue, New ...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Striking a balance in business continuity
; ...10-23-2003 Striking a balance in business continuity Byline: Cynthia Peterson Edition...Spotlight THE people element in business continuity, especially in the face of a disaster...the people element at your peril. "Business continuity is not continuity of services but...
Shell returning to new Orleans.(NEWSREEL)(Brief Article)
; ...amp; Production is returning to New Orleans. Since Hurricane Katrina, Shell...Shell has worked to maintain business continuity, implement repair and recovery...number of currently displaced New Orleans Shell employees back home and...services and maintaining short-term ...
Survey: Business Continuity and Availability Solutions a High Priority for Corporate Spending in 2007
; ...and medium-size businesses view business continuity and availability as an increased...managers and executives responsible for business continuity and availability, including chief...downtime or disasters, to longer term business continuity planning."In today's global marketplace...
Businesses need business continuity plans now more than ever
; ...don't begin thinking about their business continuity plans until they have-experienced...companies have made in developing robust business continuity solutions. Despite the consequences...in the West - 57 percent have a business continuity plan and 38 percent of companies...
SteelEye Survey:Top Corporate Execs Feel Threats to Business Continuity Are on the Rise
; ...Corporate Execs Feel Threats to Business Continuity Are on the Rise WIRELESS NEWS-January...Corporate Execs Feel Threats to Business Continuity Are on the Rise (C)2008 10Meters...from its annual SteelEye Technology Business Continuity Index, a survey examining adoption...
Interview with Lillibett Machado on business continuity at Amegy Bank of Texas.(Interview)
; ...triggers human reactions. The need for business continuity planning reached a new level when...been tackling the problem know that business continuity involves prioritization of risk...is vice president for Corporate Business Continuity at Amegy Bank of Texas in Houston...
Shelter from the Storm: National disasters have underlined the importance of business continuity planning-it's not just about compliance.
; ...Hurricane Katrina tore through New Orleans, flooding people out of their...client, who worked in the same New Orleans office building as St. Denis...experience drove home the need for business continuity planning. Like many planners...to do if there is no shelf! New ...
Supply disruption discussed; Survive business continuity conference.(International)
; ...VEYSEY LONDON-Effective business continuity management must look beyond...chains, said Steve Mellish, business continuity manager at Sainsbury's Supermarkets Ltd. in London. Business continuity management in supply chain...
Moving BC into the corporate mainstream: business continuity is in flux--as an industry and profession--as it seeks to find its stature, status and funding in corporate America.(corporate business continuity planning)
; ...the World Trade Center, corporate business continuity planning (BC) would be a well-oiled...cases, their title is Director of Business Continuity, but it's just as common for them...locally, at state and city agencies. Business continuity is perceived as an expense that...
Forum on business continuity planning and disaster recovery
; ...Straits Times 01-17-2000 Forum on business continuity planning and disaster recovery Byline...Computimes; 2* Section: Business News THE Business Continuity Society of Selangor and Wilayah...formed to increase awareness about business continuity and disaster recovery, plans to...