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October 13, 2008

Lessons Learned from Katrina

Will corporate America learn any lessons from the devastation left in Hurricane Katrina's wake? A report from AT&T and the International Association of Emergency Managers suggests not. "Disaster Planning in the Private Sector: A Look at the State of Business Continuity in the U.S.," polled 1,200 businesses from January and August 2005.

Here are some highlights from the report:

  • Fewer than half of the companies that have had business interrupted by a disaster have updated their business-continuity plans in the past six months.
  • Almost two-thirds of companies that suffered a disaster experienced lost business.
  • Nearly one-third of companies have not implemented basic security technology, such as firewalls or intrusion detection of password authentication.

(The complete report can be accessed at www.att.com/presskit/business_continuity.)