Simon Ashenden Comments on Early Lessons from the Current Covid-19 Outbreak

The outbreak of the Covid-19 virus has put business continuity plans and effectiveness of the crisis management practices of companies to test both offline and online. Since the outbreak in December 2019, it has further proven the point to businesses on the importance of emergency response planning and ensuring the readiness of the crisis management team to take control and provide sound advice that ensures business continuity and reduce the impact on business in times of uncertainty. 

Simon Ashenden, Associate Managing Director in the Security Risk Management practice at Kroll, a division of Duff & Phelps shared his views in the "Views From The Top" commentary section of The Business Times. “We are also seeing a significant rise in the associated threat of phishing emails eliciting financial information from concerned employees, highlighting the urgent need for businesses to monitor cyber threats. Having in place a business intelligence capability to understand the threat, a relevant emergency response plan, robust crisis communications and a seasoned crisis management team, will go a long way towards securing a company's business continuity plan.” 

Subscribers of The Business Times can read the full commentary section here.

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