ARL Logo
Risky Thinking
On Risk Management, Business Continuity, and Security
23 February, 2018
Do your staff know what to do in an emergency?
With Plan424 they will.

Reciprocal Agreement (Definition)

A reciprocal agreement is an agreement made by two or more companies to use each other's resources during a disaster.

Care should be taken with reciprocal agreements to ensure that the businesses concerned are unlikely to be affected by the same disaster. For example, businesses in close proximity may all be affected by the same evacuation order, area power outage, telecommunications loss, flood, etc.

A Reciprocal Agreement may also be known as a Consortium Agreement.

You are welcome to use these definitions for any purpose provided that an acknowledgement is made
to www.riskythinking.com and (if you're using HTML) you provide a link back to this site.

[ Back to Risk Glossary ]

Risky Thinking Newsletter

Are you responsible for Business Continuity, Disaster Recovery, or Risk Management in your organization? Then you may wish to receive a free subscription to the the monthly Risky Thinking Newsletter. It contains news, opinions and articles of interest to people working in these areas.

View a sample issue, or click here to subscribe.

Recent articles have included:

In a recent radio show, the glib radio host implied that the Y2K risk never really existed. Was he right? Or do his comments tell us more about human nature than about the risks arising from time representation in computer systems? Read more...

© Albion Research Ltd. 2018