According to IBM’s 2024 Data Breach Report, the staggering financial impact of data breaches reached a global average of $4.88 million!. The report goes on to state that, “75% of the increase in average breach costs in this year’s study was due to the cost of lost business and post-breach response activities.” Of course, it’s…
In today’s uncertain and often tumultuous landscape, crisis management has become a critical component for businesses and organizations of all sizes. At the heart of this stands the Crisis Communications Department. This crucial entity orchestrates strategic communication in times of trouble, shaping the narrative and safeguarding the organization’s reputation. This blog post will dive into…
In today’s hyper-connected world, the threat landscape continues to evolve at an unprecedented pace. Organizations face constant cyber threats, ranging from ransomware attacks to phishing schemes, supply chain vulnerabilities, and insider threats. While technology solutions like firewalls and encryption play a critical role in defense, one of the most impactful ways to prepare for cyber…
In episode 148 of the PreparedEx Podcast, we continue our exploration of essential crisis leadership lessons with part 2 of our series. Building on the foundational insights from episode 147, this episode delves into lessons 7 through 12, offering deeper perspectives on navigating crises. We discuss advanced strategies for maintaining composure under pressure, the importance…
In episode 147 of the PreparedEx Podcast, we delve into key lessons learned from countless crisis simulation exercises conducted with executive teams. These sessions, designed to test leadership strategies under intense pressure, reveal invaluable insights into how top leaders make critical decisions, communicate effectively, and guide their organizations through crises. Join us as we explore…
In today’s dynamic and unpredictable business landscape, effectively managing crises is paramount for any organization’s success and continuity. Crisis simulation exercises have emerged as invaluable tools for assessing and enhancing an organization’s readiness to respond to various threats and challenges. However, the traditional approach to these exercises often overlooks a crucial element: storytelling. In this…
An effective emergency evacuation plan is crucial for the safety and security of any organization. In times of crisis, whether due to natural disasters, fires, or other threats, a well-executed evacuation can save lives and minimize chaos. Below are key components that make an evacuation plan practical and actionable, ensuring all personnel understand their roles…
Organizations must be prepared for various scenarios in today’s fast-paced and ever-changing environment. The vExPro™ scenario library is designed to address this need by providing a comprehensive and customizable approach to scenario planning. Here’s a closer look at what the vExPro™ scenario library offers and how it can benefit your organization. Current Scenario Planning: Types…
In episode 144 of the PreparedEx podcast, we delve into the critical role of Public-Private Partnerships (PPP) in disaster response, focusing on the recent experiences during Hurricane Helene. FEMA’s push for PPP over the past several years has laid the groundwork, but it’s during real-world events that the actual value of these partnerships becomes evident….
In the digital age, hospitals are not only centers of healthcare but also hubs of vast data and technology-dependent operations. The threat of ransomware—malicious software that encrypts files and demands a ransom for their release—poses a significant risk to the continuity of critical healthcare services. As a hospital crisis manager, I’ve seen firsthand the devastation…