Retailers failing to prepare for the worst

Companies in the food, drink and tobacco sector (FDT) are under-prepared for major business-threatening incidents, according to a new survey by Aon.

While business continuity is high on the risk agenda for many FDT companies, with the majority having business continuity plans in place, few companies have actually tested these plans, said the broker. The importance of a strong corporate reputation is also well recognised within the sector, with surveyed companies ranking a loss of brand or rep