Profile: Canada's BMO rides blackout with continuity planning programme
Toronto, Canada
-- It's Thursday, August 14 and the lights go out. Shortly after 4pm, Canada and the US experience power cuts that bring large parts of North America to a virtual standstill. Cities are cast into darkness, subways fall empty and airports descend into chaos. It is an op risk managers' nightmare come true."It was the biggest operational risk challenge I have experienced," says Tony Peccia, vice-president of operational risk at BMO Financial Group. "It was the most widespread
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