MANAGEMENT OF DISASTER AND BUSINESS CONTINUITY IN A DIGITAL WORLD

Risk is outside everywhere, and it may impact us more or less. The evolution of technology improves our social and economic life, and also most of the same time, it is the technology that exposes us to the risk of disaster. Disaster may have many faces and even we are aware and think that we are prepared to deal with it, somehow, we find ourselves not ready. The present paper aims to present possible solutions for managing the risk of disaster by amending the organizational structure and culture. The study was conducted on two different types of institutions: banks and universities, using the author's experience as a banking expert and university professor, in a multicultural environment. The article started with the current situation an give pertinent solutions for to manage the risk of disaster and keep the business ongoing in the most effective way possible