December 2014
Beginner
352 pages
13h 51m
English

Operational risk
1947–1991 Governments and multinational businesses develop contingency plans for potential nuclear attack during the Cold War.
Late 1990s Countries around the world put contingency plans in place for the Y2K or “millennium bug”—an anticipated computer failure due to the millennial date change (from 1999 to 2000).
2010 A lack of contingency planning leads to closure of northern European air space for the first time, following the eruption of a volcano in Iceland. Businesses lose revenue due to the transportation restrictions.
2012 Due to the ongoing financial crisis, businesses around the world draw up contingency ...
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