Security and Business Continuity
What you will learn
Natural disasters in the U.S. are increasing—and getting more expensive. In 2018, the country suffered 14 weather and climate disaster events with losses exceeding $1 billion each. Hurricane Florence, Hurricane Michael, and the California wildfires are estimated to have caused over $24 billion in damage—each.1 Globally, while total losses from natural and man-made disasters were down compared to 2017, 2018 was the fourth most expensive year on record for insurance companies, which paid out $79 billion, higher than the annual average over the past decade.
One way to protect businesses and improve the odds of reopening after security events or disasters to have a business continuity plan. Unfortunately, this is a precaution that many businesses overlook. A recent Nationwide Insurance study found that two in three businesses don’t have a written disaster plan, even though most think disaster recovery would take more than three months.3
Skillsoft provides a wealth of resources, including online classes and eBooks, to help you create your natural disaster and business recovery plan and provide a healthy, safe work environment for your associates. We partner with experienced industry experts who provide the latest insights into how to create a safer workplace overall and mitigate the specific risks your business faces. Being prepared will help you minimize damage to your business, community, and environment if the worst does happen.