A Guide To Critical Event Management
What is a Critical Event?
A critical event happens when a risk event intersects with a company’s key assets including its people, infrastructure, and reputation. When the two collide, they create a credible event that requires attention. How they are managed, and with what technology, can be the difference between a substantial crisis and a close call.
These events can be internal, such as a data breach or a building malfunction, or external, such as supply chain disruption or severe weather, which caused $95B worth of damages in 2020.
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