Commercial Real Estate
Financial Services
General Business Continuity
Posted on June 24, 2015 by

Ensuring Life Safety in the Midst of a Storm

Extreme thunderstorms have bombarded much of the Midwest and Northeast this week, carrying with them devastating winds, rainfall, hail, and tornadoes.  While evidence of the current hurricane season continues to produce damaging weather, it is important that everyone takes the appropriate steps to protect lives and property. Not only should this preparation include ways to combat severe storms; it should also include measures to prepare for, respond to, and overcome secondary weather-related threats. As a building owner or property manager,…

Continue Reading
Posted on May 13, 2015 by

“Overarching Complacency” in Cybersecurity Leads to Big Data & Big Dollar Loss

Affected consumers outraged over last year’s Home Depot massive data breach filed a class action lawsuit this month claiming company leadership did nothing to mitigate identified security risks, which were ultimately exploited by cyber criminals. This “overarching complacency,” according to the lawsuit, included understaffing IT departments, ignoring SEC filings that admitted risks to consumer privacy and security, and violating their own policies of protecting customers’ personal identification information, among other reasons. If history is any indication, Home Depot…

Continue Reading
Posted on May 1, 2015 by

Preparis X-Force Column: Preventing and Preparing for Workplace Violence

The fact that you even recognize the phrase “workplace violence” indicates how much a part of our culture it has become.  While workplace violence is not new and overall rates of homicide and armed assault have actually declined considerably in the United States, the topic is and should be of great concern to us.  The trauma victims suffer and the impact on the ability of organizations to function effectively can be dramatically impacted by workplace violence. Other consequences…

Continue Reading
Posted on April 13, 2015 by

Life Safety Made Easy for Property Managers

A recent gas explosion in New York City’s East Village neighborhood caused three apartment buildings to collapse and burst into flames and one other to catch fire. The traumatic event killed two people and left many others with severe injuries. Not only is there considerable damage to be repaired, but now the building’s owners could be facing manslaughter charges after allowing illegal plumbing work to be performed. Gas was allegedly being supplied from one building to another, and this…

Continue Reading
Posted on April 2, 2015 by

Plan Ahead for These 3 Spring Severe Weather Events

Spring is a time of change, and that includes the weather. Colder weather is on its way out as warmer weather starts to move in, creating the perfect recipe for severe weather. Severe weather is unpredictable and can hit at any time, so it is crucial to plan ahead. The following list highlights three common spring severe weather events and what you can do to be ready for them.  1. Thunderstorms  Spring weather can go from warm and…

Continue Reading
Posted on March 23, 2015 by

Crisis Communication 101 for Repairing a Million Dollar Reputation

Millionaire real estate heir Robert Durst has been arrested in connection with the 2000 murder of his friend Susan Berman. Durst’s life has constantly been clouded in controversy and this arrest is just the most recent incident. He was questioned in the mysterious disappearance of his wife in 1982 and admitted to killing and dismembering his neighbor in self-defense in 2001, but he was not charged in the disappearance and was acquitted of the murder charge. Durst’s story…

Continue Reading
Posted on March 11, 2015 by

Does He Work Here? 9 Ways to Avoid an Office Creeper Situation

Many offices require employees to have some type of security badge to access their workplace. Airports are no different with workers using their badges to access restricted areas and bypass security checkpoints. According to a report by NBC, around 1,400 of those badges were lost or stolen from Hartsfield-Jackson Atlanta International—the nation’s busiest airport. The report also revealed that badges aren’t the only items that turn up missing at airports. Airline shirts, pilot’s uniforms, and TSA identification were…

Continue Reading
Posted on March 3, 2015 by

Keep Cybersecurity at the Top of Your List

Earlier this month, the SEC released a report summarizing its findings from a cybersecurity examination it conducted last year. According to the report, at least 88% of broker dealers and 74% of advisers have been the targets of cyber-attacks. Most of these attacks occurred through fraudulent emails, and in one case an adviser lost more than $75,000. With numbers like these, it is clear that cybersecurity should be at the top of the list when it comes to…

Continue Reading
Posted on February 20, 2015 by

Banks Lose Big Bucks to Multinational Malware Heist

Kaspersky Labs announced this week their discovery of a cybergang who stole upwards of $1 billion from over 100 banks around the globe. In the largest heist of its kind, each victim was robbed of $2.5 million to $10 million spanning a two to four month period. Since August of 2013, money was acquired through several means, depending on the entity and how it operated. These means include remotely dispensing cash from ATMs, processing fraudulent transactions that transferred…

Continue Reading
Posted on February 13, 2015 by

Financial Institutions: Watch for these 5 Cyber Threats, says FFIEC

The FFIEC recently added the “Strengthening the Resilience of Outsourced Technology Services” appendix to its Business Continuity Planning IT Booklet, which details for the first time ways financial institutions (FIs) can increase their cyber-resilience as it relates to technology service providers (TSPs). Among the four key elements of business continuity planning that FIs should address are practices for preparing for, responding to, and recovering from disruptions caused by the following likely cyber threats: Malware Malware, or malicious software,…

Continue Reading

Business Continuity Resources

Find business continuity resources, including free webinars, whitepapers, checklists, and tabletop exercises. Visit: Preparis Resources