Recent collapses of three banks have brought the risk to the forefront in the minds of many business owners and executives.
Be proactive
Be transparent
Communicate with your customers and suppliers immediately
These are just some of the recommendations given by SecurityInfoWatch.com, a publication owned by IndustryWeek parent company Endeavor Business Media. Their recent story reports on the recent bank failures and offers advice on how security businesses should react in the event their own bank fails.
Although originally meant for the security industry, the advice and is still suitable for most manufacturers. Read the full article here.