Software risk is only part of the stability problem

System failure seems to be a bigger problem than hurricanes

Alexander Campbell

The financial industry is taking stock of how it dealt with – or failed to deal with – the superstorm that hit the north-eastern US late last year. This month, Kay Rahardjo, head of operational risk for The Hartford, discusses the lessons her company learned, and predicts a future of more and stronger storms putting disaster recovery plans under much more frequent stress.

But, the news elsewhere suggests, a bigger risk to business continuity might be the industry itself – specifically the

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