Any major city, power facility, or communications or travel hub could become the site of an infrastructure failure, according to Albert Goldson, executive director at New York-based Indo-Brazilian Associates LLC, a boutique global advisory firm that provides international investment, political and security risk assessments.
One recent example is the 2003 New York blackout, he said, a result of a cascading failure of systems.
Whether due to accidents, natural disasters, physical actions by terrorist groups, or cyberattacks, the risks have been increasing over the past few years, he said, as the number of targets continues to grow.
"Companies need to be prepared for people to be able to telecommute if they can't get to the office, have a plan for any sort of extended outage, and have a plan for backup communications," he said.
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