“The implications for any organisation faced with risks such as fire, theft, flood and terrorist attacks are massive”
46% of FTSE 250 companies said it would take less than a day for a serious disruption to impact significantly on their business
A Department of Trade and Industry survey suggests that 70% of small businesses would go out of business within a year if they experienced a major disaster; 40% of businesses do not reopen; and another 40% fail within eighteen months of the event
58% of UK businesses were disrupted by September 11th, of which one in eight were seriously affected
90% of businesses who lose their data are forced to close down within two years
The Home Office estimates that, on average, nearly one in five businesses suffer a major disruption every five years and a business without a Business Continuity Plan (BCP) has only a low chance of survival
80% of businesses without a Business Continuity Plan close within 18 months of a major incident
A business without a Business Continuity Plan has a very low chance of survival and may leave Partners, Directors and Business Owners personally liable
Sources: British Standards Institute, Home Office, DTI