The (In)Famous 80% Rule for Business Continuity
Is there any statistic that was ever so widely used and abused? It’s the one that says “80% of businesses affected by a major incident close within 18 months”, or any similar version. While it’s true that unplanned business disruption can cause financial losses and other prejudice (including bankruptcy), critics of the 80% statistic suggest there is little real data to support it. Read more