Just one year ago, Superstorm Sandy devastated many parts of the US, proving more than a match for businesses and regional and national government agencies. Some 24 states were affected, including the entire eastern seaboard from Florida to Maine and as far west as Michigan and Wisconsin. Damage in the US has been conservatively estimated at approximately $50 billion, with some 159 people killed.

The effects on the US Northeast, the center of financial services and international commerce, were shattering. For organizations with any kind of exposure to Sandy, this calamity raised fundamental questions about business continuity (BC) and disaster recovery standards. ... Read full story on Wall Street & Technology

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