Business leaders today are being pushed toward the rapid adoption of technology, especially in the wake of the COVID-19 pandemic – so much so that the term ‘digital transformation’ became a major trend. While tech is vital to the success of forward-thinking companies, many investments made in the name of digital transformation are revealed to be purchases that were “technology for the sake of technology”.
In today’s increasingly digital world, organizations must balance investment in uptime and experience with capital expenditure toward ongoing innovation. More than ever before, uninterrupted digital operations are responsible for the fiscal success of companies. Yet, these digital landscapes are major areas of vulnerability to business continuity. Today’s digital service disruptions can greatly affect people, facilities, assets and a company’s brand.
The world is changing, and with great change comes an evolving threat landscape. Increases in physical and digital disruption, such as civil unrest, cyberattacks, severe weather events, and unplanned outages, have left many industries scrambling to secure a robust operational resilience strategy, including the cellular industry. Today’s evolving threat landscape poses a unique threat to cellular carriers, whose business is growing at a breakneck pace.
Maintaining stable business operations is key to keeping up with competitors and potentially surging past them when disruptions occur. Given the growing number of risks companies face today, businesses will continue to face ever-changing disruptions, and quickly acting on them requires having a solid business continuity plan (BCP) in place. Is your organization prepared to respond to the myriad of threats that have arisen in recent years?
Across the globe, both public and private sectors are more concerned than ever about addressing climate change and its associated risks. “In the period 2000 to 2019, there were 7,348 major recorded disaster events claiming 1.23 million lives, affecting 4.2 billion people (many on more than one occasion) resulting in approximately US$2.97 trillion in global economic losses,” according to a report conducted by the UN Office for Disaster Risk Reduction (UNDRR).
Enduring the COVID-19 pandemic has highlighted a unique opportunity for businesses in the retail industry to reshape how they operate. With dramatic shifts in consumer behavior and an increased reliance on digital services, retailers had to look for innovative ways to adapt to the current reality. In addition to developing new modes of business, retailers must make every effort to protect their newly minted operations should another major disruption take place.
For those in the manufacturing industry, critical events threaten financial loss due to unplanned downtime, reduced factory utilization rates, lost revenue, and even employees put at risk.
As COVID-19 changed the landscape of global business travel, organizations must respond with agile, comprehensive plans that can account for continually evolving risk environments and regulatory requirements. It has become necessary for many organizations to revise old outlines and plans to match the realities.
RAY BAUM’s Act requires that first responders have the necessary information needed to pinpoint the “dispatchable location,” and quickly reach a 9-1-1 caller regardless of the device they dial from, or their exact location inside a large building. Whether the calling device is wired, wireless, on-premise, or remote, if it connects to an MLTS it will fall under the FCC’s enforcement.
All businesses in the United States must now comply with Section 506 of the RAY BAUM Act. This requires organizations to automatically provide emergency call centers, or Public Safety Answering Points (PSAPs), with “dispatchable location” information alongside every emergency call placed from their network. However, defining exactly what that information must include can be a challenge.
