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US Homeland Security Council 2005, UK Government 2008), while in others it did not. Based on SARS 2003 and early infection rates, a projection for the effect of Covid-19 on the airlines shows a dip for six to nine months (Pearce 2020). US Homeland Security Council 2005. In some quarters, it had an immediate effect (e.g.,
For example, in an effort to keep flights running, many airports switched to manual processes; Delhi wrote out departure gate details on a whiteboard, and Gatwick switched to manual security checks on boarding passes. 13 It speaks to the fact that third parties and Operations, Security, and IT teams are now all intrinsically linked.
Whether it’s a better understanding of what customers want and need, input from sensors and edge technology, productivity hacks, or security threats, agility can help you deliver better products and superior user experiences. Airlines also use it to predict wind patterns and map the most fuel-efficient routes for their aircraft.
For instance, banks and insurance carriers with robust ERM programs realize that investment research consultants and credit rating agencies, although they may have a relatively small spend, can have a significant impact on their investment portfolios if conflicts of interest, bias, or fraud go undetected.
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