Premises, people, and privacy L

3 key threats facing businesses today

- JOANNE BUSHELL

THREATS TO business continuity come in many forms, but they all share one common trait-their unpredictability.

Still, businesses can prepare for disasters.

As a business owner, you can equip your employees to stay up and running in the face of the three main risks to uninterrupted service: physical threats to brick-and-mortar premises, public health crises, and cyber attacks Let's delve into each aspect and explore how you can offer valuable support to your employees

Premises

Physical threats to business infrastructure

No business is immune from the potential of physical threats to its infrastructure. Whether it's building damage through fire, flooding, natural disasters or an unexpected utility outage, the impact on business operations and continuity, and the resulting productivity outages, can be severe.

Research shows that more than half of such incidents now cost firms hundreds and thousands of rands, indicating that it's vital to have a contingency plan in place.

One strategy for premises recovery is to be able to relocate in a timely manner. While emergency home working is one answer, not everyone will have the equipment and setup required to work from home. Access to well-equipped, safe alternative workspaces provides peace of mind while replacing lost hardware or other equipment.