Pandemic readiness in the US financial services sector: When failure is not an option
Abstract
This paper provides an update to ‘Pandemic flu planning in the US financial services sector’, a paper published in Volume 1, Number 3, of Journal of Business Continuity and Emergency Planning. In the present paper, the author examines the state of pandemic readiness one year later, referencing four new publications available for planning in the USA. The paper focuses on key observations and lessons learned from the US Department of Treasury’s autumn 2007 exercise, which was conducted among 2,775 financial services institutions. The paper then briefly discusses the pandemic guidance issued by the Federal Financial Institutions Examination Council in December 2007.
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Author's Biography
Annie Searle is Senior Vice President and Divisional Executive for Enterprise Risk Services. Her portfolio of responsibilities includes business continuity and technology risk management for the entire company, as well as regulatory and audit assurance for its technology group. She is the chair of Washington Mutual’s crisis management team, a member of the company’s public policy management committee, and executive sponsor of its technology innovation programme. Nationally, Annie represents the company as a member of the BITS Advisory Council for the Financial Services Roundtable, based in Washington DC. She chaired the ‘Pandemic Readiness: Interweaving the Plans’ panel for the Fall 2007 Critical Infrastructure Protection Congress, which included the heads of five critical sectors as well as the Department of Homeland Security. She is a member of the Pacific Northwest Regional Disaster Resilience Advisory Council, and co-chair of the Pacific Northwest Regional Recovery Coalition for Financial Services. She was a member of the project planning team and design working group for the US Treasury Department’s three-week pandemic exercise in autumn 2007.
Citation
Searle, Annie (2008, July 1). Pandemic readiness in the US financial services sector: When failure is not an option. In the Journal of Business Continuity & Emergency Planning, Volume 2, Issue 4. https://doi.org/10.69554/EVGJ3474.
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