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  • Survey Results: Critical Event Management in Financial Services
Report Everbridge Survey Results: Critical Event Management in Financial Services

Survey Results: Critical Event Management in Financial Services

Why are critical events occurring more frequently

A Critical event is defined as when one or more incidents, for example, severe weather, crime, violence, critical equipment or technology failures, impact a business’s assets – its employees, buildings, processes, operations, supply chains, or brand/reputation – resulting in revenue loss, cost increases, brand damage or concerns for health and safety. Several factors would suggest that critical events are occurring more frequently.

Report Snap Shot

  • Cyber: The number of cyber incidents jumps 1087% reported by UK Financial Conduct Authority. Sharp increases were across several sectors including credit cards, banking, insurers, mutual funds, lending, pensions, and investment management

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