Pub. 1 2019-2020 Issue 4

The cyber threat is today’s primary man-made threat to businesses. However, I’d remind companies working in the energy industries that as you see workforce reductions, you should plan for how you might need to manage the disgruntled employee. of the natural hazards of seismic activity, flooding and even severe weather. In today’s just-in-time management philosophy, an earthquake disrupting the pass-ability of I-15 or I-80 could be catastrophic. These roadways are critical to the national security and economy, and as the crossroads of the west, they are essential to the movement of commodities and essential products from the West Coast into Utah and to the rest of the country points east. Companies that are analyzing how these natural hazards could disrupt their critical operations are finding ways to mitigate those vulnerabilities. That’s sound risk management. Managing technological risk can be as simple as preparing for a power outage. Should a company have a backup generator? Lock down a fuel contract to refuel that generator? The internet has become a business necessity. If the internet goes down, this can disrupt IT and OT, as I mentioned before. It can affect billables, payables, maybe phone systems and much more. The cyber threat is today’s primary man-made threat to businesses. However, I’d remind companies working in the energy industries that as you see workforce reductions, you should plan for how you might need to manage the disgruntled employee. That’s essentially an insider threat that may cause a lot of problems unless you’ve anticipated those and have made plans. The last thing is that you don’t have to reinvent the wheel when considering how to manage any of these things. Our office can help. CISA can help, and your local emergency management office can help. I would encourage every business to plan and plan well, because it’s not a question of if you will need a risk management plan, but when. If interested in assistance or more information Matt Beaudry can be reached at mbeaudry@utah.gov Reach your customers with print. To advertise in this magazine, contact us today. 801.676.9722 | 855.747.4003 4049 South Highland Dr. Holladay, UT 84124 thenewslinkgroup.org 11 UP DATE