1948 years ago in AD 63 an earthquake in southern Italy by the gulf of Naples seriously damaged the ancient city of Pompeii causing an undetermined number of deaths and spread out destruction, but the locals went to work rebuilding in the same spot until they were buried by the eruption of the Vesuvius volcano 16 years later in AD 79.
Galveston TX Hurricanes
Average Brushed or hit every 2.94 years Average Direct hit every 8.63 years
The Great Storm of 1900 - Sep 8th 1900 - Pop: 42,000 residents Category 4 @ 135 mph -Great loss of life between 6,000 and 12,000 individuals – officially 8,000
The 1915 Storm, August 17th, Category 4 @ 135 mph 42 people dead in the Galveston area
$60 - 1915 million dollars in damage
Ike Sep 13th 2008 - The third most destructive hurricane to ever make landfall in the United States Final landfall in Galveston Texas as a strong cat 2 with cat 5 equivalent storm surge winds extended 120 miles from the center.
Blamed for at least 195 deaths – 74 in Haiti and 112 in the USA 300 still missing. - Damages estimated at 24 billion (2008) US Dollars
Resulted in the largest evacuation in the state of Texas history and the largest search and rescue operation in US history
Chernobyl, An Experiment Gone Wrong
On Saturday, April 26th, 1986 at 1:23 am, one of the reactors at the Chernobyl nuclear power plant exploded. Ironically, the experiment consisted in testing how the power plant would respond in the event of an accident. The operators at the plant wanted to bring down the power output of the reactor to 25%, but over-confidence, poor training and poor knowledge of how a reactor works caused them to overdo it, and they ended up bringing down the power output to 1%. When they then tried to bring it up to 25%, the reactor overheated and exploded causing the worst nuclear accident in history.
Business Continuity: Why BCP is No Longer an Optional Program
Posted on Monday, July 02 @ 20:00:57 PDT by admin
By Ralph Petti
For over thirty years, disaster recovery and, later, business continuity have had as much allure for companies to pursue as life insurance has for individuals. However, as much as we do not like to pay such premiums, we always believe that we are doing the right thing in protecting our loved ones. With regard to paying for disaster recovery and business continuity protection, we have to follow the same principles. Our businesses are vital and many people depend on them.
Business Continuity protection is an absolute requirement in today’s business arena. With the technologies available for all companies – big and small – there is a level of expectation that one should be doing all that they can to protect themselves. The countless examples of infamous companies (such as Enron) have only served to extend the demand of today’s consumers that companies become more accountable.
Many of us believe that all of the preparation that went into updating – or, even creating – business continuity plans prior to the Y2K scare actually helped many companies survive during the tragedies on 9/11. Companies were prepared!
The mindset needs to be preparation for the key elements – power, communication, accessibility to a primary or secondary facility, etc. If one plans for a hurricane and then experiences a terrorist act, then how much of that preparation can be leveraged? Companies need to plan for the eventuality of any event.
The statistics are staggering! One of Symantec’s companies, Veritas, recently conducted a survey and found that 38% of all companies still do not have a business continuity or disaster recovery plan of any kind! Of those that did have a plan, another 40% had no idea how long that it would take to recover normal operations! Generally speaking, it is an accepted fact in the industry that almost half of all companies without a disaster recovery or business continuity plan, who experience a disaster event, will go out of business within two years. Staggering!
But, why today is there so much emphasis on beginning or expanding such programs? In one word – Compliance! The likes of HIPAA, Sarbanes-Oxley, NASD 3500, FEMA FPC 65, NFPA 1600 and other regulations are heightening awareness and creating the need for corporations to become more compliant. Companies can no longer beg forgiveness or plead ignorance to these regulations due to the many solutions that are available in the market today.
As usual, it all seems to start with a Risk Assessment that can tell where companies stand and what they need to do. From there, a strong foundation can be created that will allow companies to build their contingency plans. Continuing with a Business Impact Analysis, Recovery Planning, Recovery Testing and Plan Maintenance. This cycle of activities must continue and be viewed as a Program – not a Project.
The commitment of management is an absolutely critical component that needs to be received – we’ll talk more about that in our next issue of Prevalence.
Ralph Petti, MBCI
President, RP Risk Advisors, LLC