Every organization is vulnerable to low probability events that could have a potentially disastrous effect. A small or new business is no exception although it is easy to ignore the probability of such events under the pressures of developing and maintaining a business. Identifying and quickly dealing with such unlikely events is primarily the responsibility of management. Also only management has the ability to assess the full potential impact of these events on the overall organization. Some of the potentially disastrous events that may affect your business are

Theft of property:
Stealing
Embezzlement
Lying,  
Breach of laws: Local, State Federal
Computer crime,
Fire and explosion:
Accidents