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Top 10 op risks: business continuity and disaster recovery

Business continuity and disaster recovery: top 10 operational risks for 2013

hurricane-sandy
Unsettled outlook: A satellite image of Hurricane Sandy over North America

Unusually low rates of disaster losses in the first half of the year were followed by the severe damage done by Hurricane Sandy to the Caribbean nations and the eastern US. The US suffered estimated direct damage of $20 billion, rising to $50 billion once interruptions to business are taken into account.

Last year’s Top 10 highlighted the risk of hurricanes along the east and Gulf coast of the US

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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