Business continuity and the banking industry

  title={Business continuity and the banking industry},
  author={Fabio Arduini and Vincenzo Morabito},
  journal={Commun. ACM},
Introduction Since the September 11th attacks on the World Trade Center, tsunami disaster, and hurricane Katrina, there has been renewed interest in emergency planning in both the private and public sectors. In particular, as managers realize the size of potential exposure to unmanaged risk, insuring "business continuity" (BC) is becoming a key task within all industrial and financial sectors (Figure 1). Aside from terrorism and natural disasters, two main reasons for developing the BC… CONTINUE READING
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