Defensive Considerations:

"For every dollar not spent on repairing the Y2K problem, the anticipated costs of litigation and potential damages will probably amount to more than $10." --Capers Jones, Datamation March 1997.

Keep a detailed log of all efforts.

Give adequate financial/risk disclosure to stakeholders.

Consider possible shareholder and customer litigation if systems malfunction.

Consider Y2K/Business Interruption insurance. (Alison Rea - Bus. Wk, 3/10/97)