It’s 2.00a.m. and the phone rings. It can’t be good news. As the CEO of a major multinational bank, your IT director is telling you there’s been a breach in the infallible firewall and a highly destructive virus is working its way through the bank’s computer system; or, it could be the local fire brigade telling you the headquarters building is on fire. What’s going through your mind while you’re hearing this news? Presumably you expect that your IT guys can recover the system. What if they can’t? What is at stake? It could be a media nightmare causing a run on the bank in the case of a computer virus. Are you and your staff really ready to handle such disasters? Does your business have a real capability to dig itself out of such difficulties and recover successfully? You may be relying on the existence of a paper plan which has been gathering dust since last year’s audit review.
