Read the case study: The World Trade Center Disaster: Who Was Prepared? And answer the following questions:
Question:
Read the case study: The World Trade Center Disaster: Who Was Prepared? And answer the following questions:
1. Summarize the business and technology problems created by the September 11th, 2001 attack on the World Trade Center.
2. How well prepared were companies described in this case for the problems resulting from the WTC disaster?
3. Compare the responses of NASDAQ and the Bank of New York to September 11th. What management, organization, and technology factors affected their disaster recoveries?
4. Were there any securities problems that companies had failed to anticipate when the WTC attacks occurred? How well did companies deal with them?
5. Explain some effective actions taken because of creative management responses which were not in company disaster plans.
6. Select a major financial company and write a summary description of its operations. Then develop an outline of a security plan for that company.