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

Pandemic News

FS-ISAC Coronavirus Update, June 9, 2021

Jun 9, 2021 | Coronavirus Update
Declines in US Covid-19 cases, emergency department visits, hospital admissions and deaths were largest in age groups that were most vaccinated. according to a new CDC-published study.

FS-ISAC Coronavirus Update, June 8, 2021

Jun 8, 2021 | Coronavirus Update
People who have been vaccinated against coronavirus are more than 90% protected against infection and, if they do become infected, they have milder disease than unvaccinated people, a new CDC study shows.

PPP funding exhausted as loan application deadline passes

Jun 1, 2021 | NewsWatch Today
The Paycheck Protection Program closed to new loan applications more than a year and several iterations after the emergency program was enacted.