Anyone have "vendor can't make payroll because of bank run" in their table top threat exercises?
It should be part of a Disaster Recovery plan for business, but I can see some interesting CyberSecurity angles to it.
Anyone have "vendor can't make payroll because of bank run" in their table top threat exercises?
It should be part of a Disaster Recovery plan for business, but I can see some interesting CyberSecurity angles to it.
Yes. There are folks completely removed from tech, and if all your operating capital was in SVB, you can be out of business really quick. And if you were a SaaS provider of a security solution???
@pseudonym Always have at least one backup plan.
And you've got a great point on people who use them as clients. A smaller company can be ruined by one failure.