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Fighting Disaster Through Business Continuity Planning
As Hurricane Ian began to coalesce in the Caribbean in late September, all of Florida hunkered down. This included Climate First Bancorp, the holding company for $250 million Climate First Bank, which serves primarily commercial organizations. The storm was initially expected to make landfall in the U.S. by hitting St. Petersburg, Florida, Climate First’s headquarters. The bank’s leaders knew that they had to begin preparations, so they turned to their business continuity plan. The two-year-old bank is also in the middle of shifting its data storage to a third-party, so servers aren’t hosted at individual branches. As the storm rolled...
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Ryan has covered leadership, business and personal finance topics for more than15 years, writing for various publications, including Fortune, MONEY, The New York Times, CNBC and many others. He’s also the author of The Everything Guide to Investing in Cryptocurrencies.