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Netherlands Entrepreneurs: Preparing for Power Outages & Digital Risks

by Priya Shah – Business Editor

Dutch Entrepreneurs Increasingly Concerned About Business Disruptions, Many Lack Preparedness

Dutch entrepreneurs are demonstrating growing concern over potential disruptions ⁢to their businesses, ranging from power outages to internet failures. A recent survey reveals that seven in‍ ten have considered the impact of incidents like these on their operations. The potential ‌consequences are important: one ⁤in ten ⁢anticipate ⁣serious damage after just one day without power, rising to almost a quarter with a disruption lasting several days, and nearly half facing serious consequences from an outage of‍ one to two ⁣weeks.

The primary worries center around losing customer contact and halting essential processes due to malfunctioning systems or equipment. Payment transaction issues and problems​ with cloud software also contribute to entrepreneurs’ anxieties.

Despite this ‍heightened awareness, preparedness levels remain low. Many companies currently lack crucial safeguards such as emergency plans, data⁣ backups, enhanced IT security ‍measures, or emergency power sources.

Beyond domestic ⁤disruptions, ‍global instability is also weighing on the Dutch business community. Nearly a quarter of entrepreneurs report experiencing direct consequences from international unrest,and two-thirds of those indicate the impact has increased in the past year. Concerns about cyber threats are also on the rise,with almost a quarter of entrepreneurs‍ now viewing them as‍ serious – a significant jump from the one in ten who felt this way in 2022.

“There is​ a‍ lot going on in the world: wars, trade wars, discussions about import and export tariffs,” ⁢explains Christiaan Hazelaar, a business ⁤advisor at KVK (Netherlands Chamber of Commerce). “Entrepreneurs can also ‍directly experience the⁤ consequences. It is about knowing ‍what risks you run and what that‌ means for ‍your company.”

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