Business continuity plans should cover flu pandemic, regulator says
Only one in 10 have developed or reviewed a health-related continuity plan
Companies without a plan need to recognize just how serious the pandemic is expected to be
November exercises test disaster recovery readiness
All firms need a plan to get through events such as a fire, earthquake, hurricane, terrorist attack or other catastrophe
More complex tests involving more participants under discussion
Voluntary initiative designed to help firms serve customers during disruptions
Procedure seen as a second line of defence
Disruption would develop over time, for extended periods and in successive waves, IDA says
Report highlights the greater impact a shock could have were it to happen in the next 18 months