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Business continuity: It’s impossible to guard against every risk

By Stephen Pritchard

Published: June 17 2008 14:18 | Last updated: June 17 2008 14:18

There is no such thing as a risk-free operating environment. The recent natural disasters in Burma and China, and smaller-scale interruptions such as power cuts or flooding, serve as a reminder of the need to plan for the unexpected.

Ernst & Young’s 2008 IT Internal Audit survey found that executives listed business continuity threats as the third most important risk facing their organisations. And the threats posed to day-to-day operations by disasters – man-made and natural – have become all the more real, as organisations rely on sophisticated IT and telecommunications, often coupled with outsourced business processes.

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