Risk Management and Disaster Recovery: Are we prepared yet?

Abstract:

The past few yeas have seen several natural and manmade disasters that have affected organizations worldwide. Threats like the 9/11 attack in 2001, the blackout in New York in 2004, the Tsunami in Southeast Asia, Hurricanes Katrina and Rita, and identity theft have made many companies worldwide struggle to deal with the loss of vital organizational data, suffer a significant business loss, and even face a threat of going out of business. Hurricanes Katrina and Rita put the importance of business disaster recovery and continuity plan in the forefront of government official’s agenda. This paper shade some light on the risk management and disaster recovery  challenges that face local, state and federal governments and develop a framework to enhance cooperation among these three government levels.

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