Any global, regional, or local natural or human-caused event or business interruption that requires urgent attention and action to protect life, assets, property, or the environment. A crisis runs the risk of escalating in intensity; adversely impacting shareholder value or the organization’s financial position; causing harm to people or damage to property or the environment; falling under close media or government scrutiny; interfering with normal operations and wasting significant management time and/or financial resources; adversely affecting employee morale, or jeopardizing the organization’s reputation, products, or officers, and therefore negatively impacting its future.