No organization will ever be impervious to risk, but through a combination of risk management, continuity management, and testing and exercises, organizations can develop the capabilities they need to mitigate the severity of threats and bounce back from adverse events, whatever form they may take.
Too often, humans fall into the risk management trap of planning only for the scenarios we know how to deal with, forgetting the potential situations we don’t want to face. When those trap doors open at the individual level, the repercussions are contained within private and personal boundaries—but when the same occurs at the company or government level, the ramifications can be profound and far-reaching. Every year, nations and corporations alike incur significant losses due to incidents that result from their exposure to risk. In order to stem those loses, effective and efficient risk management is of paramount importance. Against the backdrop of an increasingly sophisticated threat landscape, risk management is no easy task. Enter the resilience equation.
