Continuing natural disasters with widening impacts

Corp. & Govt. Security Executive; Fmr. VP & Global Security Head - Thomson Reuters

Corp. & Govt. Security Executive; Fmr. VP & Global Security Head – Thomson Reuters

Forum Host Bill Raisch:  Ed, you’ve had responsibility for security in a wide range of environments from the US military to major Fortune 500 firms including Thompson Reuters, CIT Group and Pfizer.

What do you see as one of the most important disruptors facing global corporations, markets and/or wider society?

Ed Levy:  Natural Disasters – will continue to happen on a global scale; very little to mitigate or divert the occurrence; no direct targeting; wide area impact…businesses, homes, people, all sectors of the infrastructure, etc. 

Bill Raisch:  What are the potential impacts of this disruptor?

Ed Levy:  Long term and financial impacts from response, consequence management, business impact, reputational, and human toll.

Bill Raisch:  What strategies would you suggest to address this disruptor – to either mitigate negative impacts and/or to capitalize on potential opportunities?

Ed Levy:

  • Realistic risk management program to address potential consequences.
  • Sustainable and dedicated emergency response and crisis management programs within the government and private sectors.
  • Functional business resiliency/continuity and disaster recovery capabilities.

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