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On the third anniversary of the wide-area blackout that paralyzed New York businesses and left thousands of office workers stranded, AT&T published results for the area from its recent business continuity study.
AT&T found that 78 percent of New York City organizations that were surveyed have business continuity plans in place.
In almost all the areas of business continuity planning that were explored, New York ranked in line with or above its municipal peers. However, there were certain regional differences, some of which were surprising given the city's position as a financial and commercial capital:
- 76 percent of IT executives in the New York area (moderately more than the 70 percent national average) consider business continuity planning a priority
- New York City businesses have been more financially susceptible to disasters than those located in other markets surveyed; 41 percent of businesses impacted by a disaster in New York said it cost them more than $100,000 a day, including 17 percent which said it cost them $1 million to $5 million a day
- In contrast, the survey found that among the markets AT&T surveyed, New York City ranks last in terms of the number of companies which have actually tested their business continuity plan within the last six months.
- 86 percent of companies in New York that have suffered from a disaster said they've taken actions to reduce business interruptions in the future - more than any other market surveyed.
http://www.att.com/biz_continuity_study

•Date: 15th August 2006• Region: US•Type: Article •Topic: BC statistics
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