OPERATIONAL RISK

Pandemic Response

A pandemic response plan is critical piece of any business continuity plan. The COVID-19 Pandemic serves as an extreme example of why pandemic plans are a necessity, but each year new diseases have the potential to disrupt our communities.

A disease outbreak becomes a pandemic in the event a disease spreads across several countries and affects a large number of people. Recent pandemics include the 2019-2020 COVID-19 Pandemic, the 2009 H1N1 Pandemic and the 1958 H3N2 Pandemic. Pandemics impact entire communities and stress entire economies.

A community bank’s preparedness and resilience during a pandemic may mean the difference between small businesses surviving a pandemic or not. Managing your staff and your operations efficiently through a pandemic is vital to the strength and stability of main street.


Sector Calls

CISA - COVID-19 and Vaccine Distribution - Ongoing

Jan 28, 2021 | Sector Calls
The Cybersecurity and Infrastructure Security Agency announced a series of teleconferences on COVID-19 and vaccine distribution.

Pandemic News

SBA: PPP portal tops 1M submissions

Sep 27, 2021 | NewsWatch Today
The SBA said its Paycheck Protection Program Direct Borrower Forgiveness Portal has topped 1 million applications for $17 billion in relief since it launched Aug. 4.

OSHA developing standards for employer vaccine mandate

Sep 13, 2021 | NewsWatch Today
The Occupational Safety and Health Administration is expected to release new standards following President Joe Biden’s executive order requiring COVID-19 vaccination and testing for private employers with 100 or more employees.

ICBA testifies on need for simple PPP forgiveness

Sep 2, 2021 | NewsWatch Today
ICBA told Congress that the Paycheck Protection Program needs a simple, easy-to-use forgiveness process to ensure the program works as intended for small-business borrowers.