The pandemic. Social unrest. And now an emotionally charged election. Tensions are high in the United States and aren’t likely to subside anytime soon, raising many types of threats and loss scenarios for businesses and individuals alike to consider.
In its Homeland Threat Assessment released earlier this month, the Department of Homeland Security says the following: The primary terrorist threat inside the United States will stem from lone offenders and small cells of individuals, including Domestic Violent Extremists (DVEs) and foreign terrorist-inspired Homegrown Violent Extremists (HVEs). Some U.S.-based violent extremists have capitalized on increased social and political tensions in 2020, which will drive an elevated threat environment at least through early 2021.
Considering the charged atmosphere throughout the country, it’s important that organizations have plans in place to ensure employee safety and business continuity. An important first step is maintaining awareness.
While some destructive events might be spontaneous, many are highly planned and discussed on various social media platforms. Businesses should consider having someone within the organization monitor situations on social media, especially those activities mentioning potential protest locations. This information can be critical in planning and implementing emergency precautions to protect people and property.
It’s also critical to secure and protect information technology and ensure that data systems are backed up properly. Emphasize cyber best practices and consider conducting refresher training for employees.
Remember that events may not directly harm your business, but they could directly affect your critical partners and suppliers. What are their business continuity plans? How will they provide products or services to you if something happens at their site? Now is the time to be having these discussions, if you haven’t already.
These are just a few of the issues companies should be thinking about. Keep in mind that Hylant and insurance carriers have resources to help you plan for and mitigate risks. Professional security services may also prove useful.
Contact your Hylant client executive or service team leader if you have questions. If you don’t yet know anyone at Hylant but want to discuss risk control and preparedness, click here.
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The above information does not constitute advice. Always contact your insurance broker or trusted adviser for insurance-related questions.