The Center for Disease Control (CDC) has reported high activity levels of Flu cases in 24 states including New York, Massachusetts, New Jersey, Illinois, Minnesota and Pennsylvania. The illness is spreading at a much more rapid rate this year than in previous winters. To date, over 750 cases of the Flu have been reported in Boston. New York state has reported 20,000 cases of the Flu thus far this season. By comparison, only 4,400 cases of the Flu were reported in New York state for the entirety of the 2011-2012 Flu season.
So, what does this mean for investment firms? It is now more important than ever to ensure your firm can and will remain functional if it is affected by this outbreak or, worse, a pandemic. Business leaders must be mindful of the repercussions of the virus, as a decrease in staff could cause a great strain on the firm and potentially costly downtime.
We asked our Business Continuity Planning experts to give 10 tips on keeping your firm up and operational during flu season. Watch and learn or download our handy 10 Tips Article.
You can also download our Preparing Your Firm for Flu Season article, which outlines tips for keeping your hedge fund up and running during Flu season and advice on pandemic planning.
Our BCP experts are also always available to assist with planning.