|
Corporate Social Responsibility
News
9.17.2002 ET
|
CSR News from:
|
|
|
News Category:
|
|
AT&T Funds Research in Best Practices in Business Continuity
AT&T Foundation grants $250,000 to five U.S. universities
(CSRwire) BEDMINSTER, N.J.- AT&T today announced grants to five universities to
conduct research in best practices in business continuity.
Each university will focus on one of five vertical industries:
· Stevens Institute of Technology, Hoboken, N.J. - pharmaceutical;
· George Mason University, Fairfax, Va.-financial services;
· Georgia Institute of Technology, Atlanta - travel and leisure;
· Michigan State University, East Lansing - manufacturing; and
· University of California, Los Angeles - retail.
A grant of $50,000 will go to each university to conduct the research. The
results will be publicly available on the AT&T web site and shared with
companies within each industry before the end of March 2003. The research
will explore areas such as strategic planning, security policies, risk
assessment and back-up plans and procedures.
"Based on a recent survey that AT&T commissioned, there is a need for
businesses to concentrate more attention on issues of business continuity
and disaster recovery," said Timothy J. McClimon, Executive Director, AT&T
Foundation. "AT&T is pleased to be working with some of the best
universities and colleges in America to develop a set of best practices
that will assist companies across the country with this important
subject
matter."
The AT&T survey, which was conducted by Digital Research Inc. of
Kennebunkport, Maine, showed that about one in four companies in the U.S.
do not have business continuity-disaster recovery plans in place. Of
those companies that do have plans, about 20% have not tested them in five
years. Companies with untested plans face as much risk as those with no
plans at all.
The executive summary is available at: www.att.com/presskit. This best
practices research project shows AT&T's leadership in business continuity
and disaster recovery, as well as its commitment to help businesses gain
the proper knowledge and tools to continuously operate, even in the event
of a disaster or other unplanned business disruption.
AT&T provides a broad range of business continuity services, ranging from
consulting services, such as risk assessments and recovery services for
network and information technology assets, to managed services like AT&T
Ultravailable® services that ensure near-zero data loss and near-100
percent availability of data and applications. During the last 10 years,
the company also has invested more than $300 million in a unique network
disaster recovery program that can recover, within days, voice and data
communications services from a damaged switching center.
For more information on AT&T business continuity services visit
www.att.com/business and for more information on AT&T's network disaster
recovery program see www.att.com/ndr.
--- ### ---
About AT&T
AT&T (www.att.com) is among the world's premier voice, video and data
communications companies, serving consumers, businesses and government.
Backed by the research and development capabilities of AT&T Labs, the
company runs the largest, most sophisticated communications network and is
the largest cable operator in the U.S. The company is a leading supplier
of data, Internet and managed services for the public and private sectors,
and offers outsourcing, consulting and networking-integration to large
businesses and government. Serving nearly 60 million consumers, AT&T is a
market leader in consumer communications services and operates AT&T
WorldNet® Service, a leading Internet access service that has garnered
several awards for outstanding performance and customer service.
About AT&T Foundation
The AT&T Foundation invests globally in projects that address a range of
public concerns. Emphasis is placed on programs that serve the needs of
people in communities served by AT&T, initiatives that use technology in
innovative ways, and programs in which AT&T employees are actively
involved as contributors and/or volunteers. Support is focused on
Education, Civic and Community Service, and Arts and Culture Programs.
Additional information is available at the AT&T Foundation's website at:
www.att.com/foundation.
AT&T 'Safe Harbor'
The foregoing are "forward-looking statements" which are based on
management's beliefs as well as on a number of assumptions concerning
future events made by and information currently available to management.
Readers are cautioned not to put undue reliance on such forward-looking
statements, which are not a guarantee of performance and are subject to a
number of uncertainties and other factors, many of which are outside
AT&T's control, that could cause actual results to differ materially from
such statements.
For a more detailed description of the factors that could cause such a
difference, please see AT&T's filings with the Securities and Exchange
Commission. AT&T disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise. This information is presented solely to
provide additional information to further understand the results of AT&T.
|
|