Below is a sample of the emails you can expect to receive when signed up to Continuity Central.
Your monthly update of ICT continuity news and information
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/itcnewsjuly2019.html
BEC attacks: a low profile but increasingly damaging risk
In 2018, the costs of Business Email Compromise (BEC) attacks passed the $1 billion mark, doubling from the prior year. Crane Hassold looks at the issue and highlights the measures that organizations can take to reduce the risk of becoming a victim of a successful BEC attack.
Read the article
• World
Are you ready to deal with security-breaching insiders?
A hacker is not necessarily someone sitting somewhere in China or Russia trying to hack your bank account; it can be your employee or contractor too. Devin Smith explores the threat and looks at what organizations can do to reduce risks in this area.
Read the article
• World
Implementing IoT: transformation without business disruption
While successful Internet of Things (IoT) implementations can bring big benefits, many projects fail with associated business impacts. Jörg Hecke looks at how businesses can make the most of IoT, without impacting on business as usual.
Read the article
• Europe
UK mid-market boards are ‘ignoring cyber risk’; only a minority have a cyber incident response plan
New research from Grant Thornton UK LLP has found that 63 percent of UK mid-market businesses do not have a board member responsible for cyber security. Additionally, over half of the business surveyed (59 percent) do not have a cyber incident response plan in place.
Read the article
• UK
Cloud security report identifies trends in cloud usage and protection
Bitglass has released ‘Guardians of the Cloud’, its 2019 cloud security report. Each year, Bitglass conducts research on the state of enterprise cloud security in order to identify key trends and common vulnerabilities.
Read the article
• World
2019 Cloud Security Report identifies the leading enterprise security challenges in public clouds
Check Point and Cybersecurity Insiders have released the results of a global Cloud Security Report highlighting the challenges faced by enterprise security operations teams in protecting their public cloud data, systems, and services.
Read the article
• World
Certificate-related outages impact a third of financial sector organizations
Venafi has released the results of a study examining the scale and frequency of certificate-related outages in financial services organizations. Over 100 chief information officers (CIOs) in the financial services industry from the US, UK, France, Germany and Australia participated in the study.
Read the article
• Various
Malicious insider attacks are the most expensive and lengthy attacks to resolve for financial services firms
The cost to address and contain cyber attacks is greater for financial services firms than for companies in any other industry and the containment costs continue to rise, according to a report from Accenture and the Ponemon Institute.
Read the article
• World
Cyber threat ‘dwell time’ in small and mid-sized organizations explored
Infocyte has released its inaugural Threat and Incident Response Report, which found that despite sophisticated prevention security tools, small to mid-sized organizations continue to be especially vulnerable to long lasting breaches due to their inability to support the level of IT staffing traditionally required to run a comprehensive detection and response function.
Read the article
• World
Survey finds that cyber security budgets are up; with additional investments being made in risk identification and resilience
Companies worldwide expect to boost their cyber security investments by 34 percent in the next fiscal year, after raising them by 17 percent the previous year, according to a new study covering 467 firms across industries and based in 17 countries.
Read the article
• World
Inadequate identity practices are exposing many businesses to risks
LastPass by LogMeIn has announced the results of a new study conducted by Vanson Bourne to offer businesses insights into the state of identity and access management (IAM) and actionable steps to improve their IAM programme.
Read the article
• World
Business continuity plan ownership is shifting from IT to operations and business leadership
Databarracks has published its 2019 Data Health Check, its annual report into IT resilience, cyber security and cloud computing. The survey, which has been running since 2008, questions over 400 IT decision makers in the UK.
Read the article
• UK
Tenable Research discovers high impact vulnerability in Siemens critical infrastructure design and automation software
Tenable has announced that its research team has discovered a critical vulnerability in Siemens STEP 7 TIA Portal, design and automation software for industrial control systems (ICS).
Read the article
• US
No sign of a reduction in ransomware attacks against UK organizations
Databarracks has shared new data from its soon-to-be-released Data Health Check survey which highlights that ransomware remains a serious issue for UK organizations.
Read the article
• UK
Have you assessed the organizational impacts and the business continuity benefits of 5G adoption?
A new study from Cradlepoint shows that businesses expect 5G to be a major part of their technology roadmap but have a long way to go before they are ready to implement a solution.
Read the article
• World
To combat potential risks, organizations need to take a holistic approach to responsible AI practices
The estimated $15.7trn economic potential of artificial intelligence (AI) will only be realised if the integration of responsible AI practices occurs across organizations, and is considered before any developments take place, according to a new paper by PwC.
Read the article
• World
Report explores cyber resilience, defining its differentiation from cyber security
The Financial Education & Research Foundation (FERF), the independent non-profit research affiliate of Financial Executives International (FEI), has released the ‘Protection vs. Preparation: The Critical Difference Between Cybersecurity and Cyber Resilience’ report sponsored by Microsoft.
Read the article
• US / World
Organizations are ‘facing paralysis’ as cyber threats advance, claims report
Global organizations have stalled in their progress towards cyber security best practice and are facing paralysis as cyber criminals become more advanced. This is the conclusion drawn from the findings of the 2019 Risk:Value report – ‘Destination standstill. Are you asleep at the wheel?’ – from NTT Security.
Read the article
• World
Annual Cloud and Disaster Recovery Survey reveals ‘unacceptably high rates of data loss and downtime’
Unitrends has published survey findings from its fifth annual Cloud and Disaster Recovery Survey. This year’s survey offers insights into the challenges and trends that IT departments and admins face when protecting data from downtime and disasters as data volume and importance grow.
Read the article
• World
New report looks at trends in attacks on web applications
Positive Technologies has released a new research report, ‘Attacks on Web Applications: 2018 in Review’, which looks at the main threats to modern web resources. The analysis, covering over a million attacks, used web attack statistics collected by Positive Technologies Application Firewall.
Read the article
• World
Study finds 85 percent of large enterprises struggle to protect critical network assets
Endace has announced the results of its latest research study, Challenges of Managing and Securing the Network 2019, conducted by independent, US-based research company, Virtual Intelligence Briefing (VIB).
Read the article
• World
Survey reveals five ways that companies manage to create a competitive advantage from crises
PwC has published the results of it’s first-ever Global Crisis Survey with findings from across 43 countries with 2,084 respondents, surveyed in 15 different languages.
Read the article
• World
Cloud Security Alliance releases new model to assist cloud computing risk assessment
The Cloud Security Alliance (CSA) has developed the Cloud Octagon Model, a new approach to overcoming the challenges involved in cloud computing environments.
Read the article
• World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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This email was from: Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing654.html
Traditional DR vs DRaaS: six questions to ask
When reviewing the differences between traditional disaster recovery and business continuity methods, compared to the more recent DRaaS (disaster recovery as a service) approach, Steve Blow suggests there are six main things to consider before making a decision on what’s best for your company.
Read the article
• World
Critical alarm management: is an ARC the best way to manage alarms?
External alarm receiving centres (ARC) are employed by many organizations to monitor their alarms around the clock, or after hours when few or no staff are physically on site. But are they always the best way for businesses to effectively manage their alarms and keep employees safe? Klaus Allion gives his view...
Read the article
• UK / World
BEC attacks: a low profile but increasingly damaging risk
In 2018, the costs of Business Email Compromise (BEC) attacks passed the $1 billion mark, doubling from the prior year. Crane Hassold looks at the issue and highlights the measures that organizations can take to reduce the risk of becoming a victim of a successful BEC attack.
Read the article
• World
Are you ready to deal with security-breaching insiders?
A hacker is not necessarily someone sitting somewhere in China or Russia trying to hack your bank account; it can be your employee or contractor too. Devin Smith explores the threat and looks at what organizations can do to reduce risks in this area.
Read the article
• World
LATEST NEWS
5G networks: EU Member States complete national risk assessments
Following the European Commission’s recommendation for a common European approach to the security of 5G networks, 24 EU Member States have now completed the first step and submitted national risk assessments.
Read the article
• Europe
UK government reviews resilience and security in the telecoms sector
The UK government’s Digital Secretary Jeremy Wright has set out plans to improve resilience and security standards and practices across the UK’s telecoms sector.
Read the article
• UK
DHS assesses current terror threat and reissues the NTAS Bulletin
Acting Secretary of Homeland Security Kevin McAleenan, has reissued the National Terrorism Advisory System (NTAS) Bulletin pertaining to the terror threat to the US homeland.
Read the article
• US
Disaster resilience and business continuity guide launched for Philippines-based organizations
During the 2019 National Summit on Strengthening MSME Disaster Resilience, which took place last week, the Philippines National MSME Resilience Core Group (RCG) launched a new guide to disaster resilience and business continuity.
Read the article
• Philippines
BCI launches ‘Organizational Resilience: Perspectives from the Industry’ report
The Business Continuity Institute has published its latest industry report, which looks at attitudes and approaches to organizational resilience.
Read the article
• UK / World
UK mid-market boards are ‘ignoring cyber risk’; only a minority have a cyber incident response plan
New research from Grant Thornton UK LLP has found that 63 percent of UK mid-market businesses do not have a board member responsible for cyber security. Additionally, over half of the business surveyed (59 percent) do not have a cyber incident response plan in place.
Read the article
• UK
Cloud security report identifies trends in cloud usage and protection
Bitglass has released ‘Guardians of the Cloud’, its 2019 cloud security report. Each year, Bitglass conducts research on the state of enterprise cloud security in order to identify key trends and common vulnerabilities.
Read the article
• World
2019 Cloud Security Report identifies the leading enterprise security challenges in public clouds
Check Point and Cybersecurity Insiders have released the results of a global Cloud Security Report highlighting the challenges faced by enterprise security operations teams in protecting their public cloud data, systems, and services.
Read the article
• World
DRC Ebola outbreak declared a Public Health Emergency of International Concern
WHO Director-General Dr. Tedros Adhanom Ghebreyesus has declared the Ebola virus disease (EVD) outbreak in the Democratic Republic of the Congo (DRC) a Public Health Emergency of International Concern (PHEIC). This reflects worries that, while the risk of Ebola infection remains low at a global level, ‘there is cause for concern linked to the recent case in Goma, as the city is a provincial capital with an airport with international flights’.
Read the article
• Africa / World
Certificate-related outages impact a third of financial sector organizations
Venafi has released the results of a study examining the scale and frequency of certificate-related outages in financial services organizations. Over 100 chief information officers (CIOs) in the financial services industry from the US, UK, France, Germany and Australia participated in the study.
Read the article
• Various
Malicious insider attacks are the most expensive and lengthy attacks to resolve for financial services firms
The cost to address and contain cyber attacks is greater for financial services firms than for companies in any other industry and the containment costs continue to rise, according to a report from Accenture and the Ponemon Institute.
Read the article
• World
DRC Ebola situation at a ‘critical juncture’ says United Nations
On July 15th, the United Nations hosted a high-level meeting in Geneva to take stock of the coordinated response to the ongoing Ebola outbreak in the Democratic Republic of the Congo (DRC). The meeting came the day after the first case of Ebola was confirmed in Goma, a city of about 1 million people south of the outbreak’s epicenter.
Read the article
• Africa
Sam Mannan's Safety Triad: a framework for risk assessment
In a paper published in the latest issue of the Process Safety and Environmental Protection Journal, Michael O'Connor, Hans J.Pasman, and William J.Rogers from the TEES Mary Kay O'Connor Process Safety Center, look at the use of Sam Mannan's Safety Triad in organizational protection.
Read the article
• US / World
Cyber threat ‘dwell time’ in small and mid-sized organizations explored
Infocyte has released its inaugural Threat and Incident Response Report, which found that despite sophisticated prevention security tools, small to mid-sized organizations continue to be especially vulnerable to long lasting breaches due to their inability to support the level of IT staffing traditionally required to run a comprehensive detection and response function.
Read the article
• World
COMPANIES AND MARKETS
Business Continuity Institute commences re-branding project
The BCI has announced that it planning to re-brand the Institute and has started a consultation with its members to gain their views on this.
Read the article
• UK / World
A-LIGN becomes an ISO 22301 accredited certification body
A-LIGN, a global cybersecurity and privacy solutions provider, has, announced that it is now accredited by the ANSI-ASQ National Accreditation Board (ANAB) to provide ISO 22301 certification.
Read the article
• US / World
NEW PRODUCTS AND SERVICES
Radware launches keyless https flood attack protection
Radware has announced that its SSL DDoS attack protection, DefenseSSL, now features behavioural-based algorithms for keyless protection against https flood attacks. For the first time, organizations have the scale needed to effectively mitigate https floods, says Radware.
Read the article
• World
Relegen rolls out enterprise risk intelligence platform
Australia-based Relegen has announcing an expansion of its cloud and mobile-enabled platform with the roll out of riskDNA as a software as a service delivery model on Amazon Web Services (AWS).
Read the article
• Australia / World
Disaster Recovery Planning Specialist, Canada
Business Continuity Professional, Assistant Vice President, US
Business Continuity Planner, US
Business Continuity Program Manager, US
Business Continuity Manager (FTC), UK
Business Continuity Manager, UK
Business Continuity Manager, Australia
Business Continuity Consultant - Enterprise Resiliency, US
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
You have subscribed to this newsletter. To unsubscribe visit:
http://www.continuitycentral.com/index.php/unsubscribe or e-mail webmaster@continuitycentral.com
This email was from:
Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing655.html
Where next for the BIA?
It seems clear from Continuity Central’s recent ‘To BIA or not to BIA... revisited’ survey that the majority of business continuity professionals see the business impact analysis (BIA) as a vital aspect of the business continuity process… but is that the end of the conversation? Is the current bipolar state of the 'keep the BIA as it is' and 'ditch the BIA' discussion nuanced enough?
Read the article
• World
Understanding the wider impacts of workplace loss
The effects of losing a workplace office go further than the actual physical loss. Dr Sandra Bell looks at the wider implications of workplace loss and explores the strategies that organizations can implement to prepare for the impacts.
Read the article
• World
How automation can help safeguard financial services from cyber threats
The financial services industry is a key target for cyber attacks, yet given the size and complexity of the organizations involved in this sector it is often difficult to manage security. Automation is an emerging tool which can help says Nick Lowe.
Read the article
• World
LATEST NEWS
New Deloitte report offers guidance on enhancing operational resilience in the UK financial services sector
In July 2018 the Bank of England and UK Financial Conduct Authority published a discussion paper on operational resilience and are expected to strengthen regulation in this area. Deloitte has issued a new report to assist financial sector organizations prepare.
Read the article
• UK
BCI presents its Asia Awards 2019
The Business Continuity Institute’s Asia Awards recognise business continuity and resilience excellence in the region. The 2019 Asia Awards were presented at a ceremony in Kuala Lumpur on 29th July.
Read the article
• Asia
Advice for businesses on protecting properties from wildfire impacts
Allianz Global Corporate & Specialty has teamed up with the Insurance Information Institute to provide businesses with advice to help safeguard their buildings and facilities from wildfires.
Read the article
• US / World
DDoS attack bandwidths double year-on-year
Link11 has published its DDoS statistics for Q2 2019. The data shows that the quarter saw a 97 percent year-on-year increase in average attack bandwidth, up from 3.3Gbps in Q2 2018 to 6.6Gbps in Q2 2019. These attacks are easily capable of overloading many companies’ broadband connections.
Read the article
• Europe / World
Two sides of the same coin: business resilience and community resilience
An early view version of a paper to be published in an upcoming edition of the Journal of Contingencies and Crisis Management has been made available in the Wiley Online Library.
Read the article
• UK / World
Cyber insurance may create false sense of security among senior financial executives suggests survey
Seven in 10 senior financial executives at the world’s largest companies believe their insurer would cover most or all of the losses their company would incur in a cyber attack. Many of the losses they foresee, however, are rarely covered by insurance. This is according to a new FM Global survey.
Read the article
• US / World
First ever guidelines on public risk management published
Underwriters Laboratories (UL), a global safety science leader, has announced the publication of ‘CAN/UL 2984, Management of Public Risks – Principles and Guidelines’.
Read the article
• Canada / World
Is ‘Brexit fatigue’ resulting in UK businesses failing to prepare?
With less than 100 days to go to the October 31st Brexit deadline and a new Prime Minister promising that the UK will leave the EU on that date come what may, an expert on Brexit preparedness and risk management says that ‘Brexit fatigue’ is affecting business preparations.
Read the article
• UK
New academic paper looks at systems engineering for resilience
A new paper, written by John S. Brtis and Michael A. McEvilley from MITRE Corporation introduces the subject of ‘Systems engineering for resilience’ looking at ways of addressing system resilience within systems engineering methodologies.
Read the article
• US / World
Latest Emerging Risks Monitor Report shows that ‘pace of change’ is the top emerging risk
Organizations are concerned about their ability to keep up with a rapidly changing business landscape, driven in part by concerns about their own organizations’ lagging and misconceived digitalization strategies, according to Gartner, Inc.’s latest Emerging Risks Monitor Report.
Read the article
• US / World
UK threat level system updated to include all forms of terrorism
Changes to the UK’s terrorism threat level system came into effect on Tuesday 23rd July. The changes follow an extensive review into the country’s approach to counter-terrorism following the attacks in 2017, and mean that the system will now reflect the threat posed by all forms of terrorism, irrespective of ideology.
Read the article
• UK
83 percent of organizations have been hit with a DDoS attack in the last two years
US Signal has released its 2019 State of Web and DDoS Attacks survey. The study revealed that 83 percent of organizations have experienced a DDoS attack within the last two years, and more than half of them experienced multiple attacks.
Read the article
• US
COMPANIES AND MARKETS
Everbridge appoints new chief executive officer
Executive recruitment firm True Search has placed David Meredith as chief executive officer and member of the board of directors of Everbridge Inc.
Read the article
• US / World
Emergence of AI-based backup and recovery solutions highlighted in new market report
Artificial intelligence (AI) is increasingly being incorporated in backup and recovery software, as it provides benefits in terms of identifying cyber attacks, predicting system failure, and automating backup and recovery processes.
Read the article
• World
NEW PRODUCTS AND SERVICES
US Signal announces DRaaS for VMware based on VMware vCloud Availability
US Signal has announced the general availability of DRaaS for VMware, its new disaster recovery as a service (DRaaS) solution running on VMware technologies.
Read the article
• US
StorageCraft delivers ‘plug-and-play business continuity’ for smaller organizations
StorageCraft has announced the launch of OneXafe Solo 300, a simple, anytime, anywhere, cloud-based business continuity solution. OneXafe Solo 300 is a plug-and-play appliance which streams data directly to StorageCraft Cloud Services for business continuity.
Read the article
• World
Business Continuity Lead (Senior), US
Business Continuity Director, US
Emergency Planning & Business Continuity Officer, UK
Business Continuity Co-ordinator, UK
Senior Associate, Organizational Continuity Management, US
Emergency Planning & Business Continuity Manager, Falkland Islands
Business Continuity Manager, US
Preparedness and Business Continuity Professional, US
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
You have subscribed to this newsletter. To unsubscribe visit:
http://www.continuitycentral.com/index.php/unsubscribe or e-mail webmaster@continuitycentral.com
This email was from:
Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
This newsletter highlights all the feature articles published on Continuity Central during July 2019 as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupaug2019.html
FEATURE ARTICLES
Where next for the BIA?
It seems clear from Continuity Central’s recent ‘To BIA or not to BIA... revisited’ survey that the majority of business continuity professionals see the business impact analysis (BIA) as a vital aspect of the business continuity process… but is that the end of the conversation? Is the current bipolar state of the 'keep the BIA as it is' and 'ditch the BIA' discussion nuanced enough?
Read the article
• World
Traditional DR vs DRaaS: six questions to ask
When reviewing the differences between traditional disaster recovery and business continuity methods, compared to the more recent DRaaS (disaster recovery as a service) approach, Steve Blow suggests there are six main things to consider before making a decision on what’s best for your company.
Read the article
• World
Critical alarm management: is an ARC the best way to manage alarms?
External alarm receiving centres (ARC) are employed by many organizations to monitor their alarms around the clock, or after hours when few or no staff are physically on site. But are they always the best way for businesses to effectively manage their alarms and keep employees safe? Klaus Allion gives his view...
Read the article
• UK / World
BEC attacks: a low profile but increasingly damaging risk
In 2018, the costs of Business Email Compromise (BEC) attacks passed the $1 billion mark, doubling from the prior year. Crane Hassold looks at the issue and highlights the measures that organizations can take to reduce the risk of becoming a victim of a successful BEC attack.
Read the article
• World
Are you ready to deal with security-breaching insiders?
A hacker is not necessarily someone sitting somewhere in China or Russia trying to hack your bank account; it can be your employee or contractor too. Devin Smith explores the threat and looks at what organizations can do to reduce risks in this area.
Read the article
• World
Three often-overlooked questions to ask when evaluating business continuity software vendors
Organizations looking to purchase a new business continuity software solution tend to focus on software features but often fail to thoroughly evaluate risks specific to the vendor, says Mike Jennings. In this article, Mike examines three commonly overlooked vendor evaluation criteria and provides suggested questions for exposing hidden risks.
Read the article
• US / World
What are the risks of not responding to a critical alarm in time?
For any organization that operates within a high-risk environment, critical alarms are a fundamental component to assure the safety of staff and continuity of operations.
Read the article
• UK
Implementing IoT: transformation without business disruption
While successful Internet of Things (IoT) implementations can bring big benefits, many projects fail with associated business impacts. Jörg Hecke looks at how businesses can make the most of IoT, without impacting on business as usual.
Read the article
• Europe
Two sides of the same coin: business resilience and community resilience
An early view version of a paper to be published in an upcoming edition of the Journal of Contingencies and Crisis Management has been made available in the Wiley Online Library.
Read the article
• UK / World
Cyber insurance may create false sense of security among senior financial executives suggests survey
Seven in 10 senior financial executives at the world’s largest companies believe their insurer would cover most or all of the losses their company would incur in a cyber attack. Many of the losses they foresee, however, are rarely covered by insurance. This is according to a new FM Global survey.
Read the article
• US / World
First ever guidelines on public risk management published
Underwriters Laboratories (UL), a global safety science leader, has announced the publication of ‘CAN/UL 2984, Management of Public Risks – Principles and Guidelines’.
Read the article
• Canada / World
New academic paper looks at systems engineering for resilience
A new paper, written by John S. Brtis and Michael A. McEvilley from MITRE Corporation introduces the subject of ‘Systems engineering for resilience’ looking at ways of addressing system resilience within systems engineering methodologies.
Read the article
• US / World
Latest Emerging Risks Monitor Report shows that ‘pace of change’ is the top emerging risk
Organizations are concerned about their ability to keep up with a rapidly changing business landscape, driven in part by concerns about their own organizations’ lagging and misconceived digitalization strategies, according to Gartner, Inc.’s latest Emerging Risks Monitor Report.
Read the article
• US / World
83 percent of organizations have been hit with a DDoS attack in the last two years
US Signal has released its 2019 State of Web and DDoS Attacks survey. The study revealed that 83 percent of organizations have experienced a DDoS attack within the last two years, and more than half of them experienced multiple attacks.
Read the article
• US
Disaster resilience and business continuity guide launched for Philippines-based organizations
During the 2019 National Summit on Strengthening MSME Disaster Resilience, which took place last week, the Philippines National MSME Resilience Core Group (RCG) launched a new guide to disaster resilience and business continuity.
Read the article
• Philippines
BCI launches ‘Organizational Resilience: Perspectives from the Industry’ report
The Business Continuity Institute has published its latest industry report, which looks at attitudes and approaches to organizational resilience.
Read the article
• UK / World
UK mid-market boards are ‘ignoring cyber risk’; only a minority have a cyber incident response plan
New research from Grant Thornton UK LLP has found that 63 percent of UK mid-market businesses do not have a board member responsible for cyber security. Additionally, over half of the business surveyed (59 percent) do not have a cyber incident response plan in place.
Read the article
• UK
Cloud security report identifies trends in cloud usage and protection
Bitglass has released ‘Guardians of the Cloud’, its 2019 cloud security report. Each year, Bitglass conducts research on the state of enterprise cloud security in order to identify key trends and common vulnerabilities.
Read the article
• World
2019 Cloud Security Report identifies the leading enterprise security challenges in public clouds
Check Point and Cybersecurity Insiders have released the results of a global Cloud Security Report highlighting the challenges faced by enterprise security operations teams in protecting their public cloud data, systems, and services.
Read the article
• World
Certificate-related outages impact a third of financial sector organizations
Venafi has released the results of a study examining the scale and frequency of certificate-related outages in financial services organizations. Over 100 chief information officers (CIOs) in the financial services industry from the US, UK, France, Germany and Australia participated in the study.
Read the article
• Various
Malicious insider attacks are the most expensive and lengthy attacks to resolve for financial services firms
The cost to address and contain cyber attacks is greater for financial services firms than for companies in any other industry and the containment costs continue to rise, according to a report from Accenture and the Ponemon Institute.
Read the article
• World
Sam Mannan's Safety Triad: a framework for risk assessment
In a paper published in the latest issue of the Process Safety and Environmental Protection Journal, Michael O'Connor, Hans J.Pasman, and William J.Rogers from the TEES Mary Kay O'Connor Process Safety Center, look at the use of Sam Mannan's Safety Triad in organizational protection.
Read the article
• US / World
Cyber threat ‘dwell time’ in small and mid-sized organizations explored
Infocyte has released its inaugural Threat and Incident Response Report, which found that despite sophisticated prevention security tools, small to mid-sized organizations continue to be especially vulnerable to long lasting breaches due to their inability to support the level of IT staffing traditionally required to run a comprehensive detection and response function.
Read the article
• World
Survey finds that cyber security budgets are up; with additional investments being made in risk identification and resilience
Companies worldwide expect to boost their cyber security investments by 34 percent in the next fiscal year, after raising them by 17 percent the previous year, according to a new study covering 467 firms across industries and based in 17 countries.
Read the article
• World
Inadequate identity practices are exposing many businesses to risks
LastPass by LogMeIn has announced the results of a new study conducted by Vanson Bourne to offer businesses insights into the state of identity and access management (IAM) and actionable steps to improve their IAM programme.
Read the article
• World
Business continuity plan ownership is shifting from IT to operations and business leadership
Databarracks has published its 2019 Data Health Check, its annual report into IT resilience, cyber security and cloud computing. The survey, which has been running since 2008, questions over 400 IT decision makers in the UK.
Read the article
• UK
Equipment breakdown identified as a leading cause of business disruption
Equipment breakdown now rivals fire loss in both frequency and severity of claims, according to an analysis of large risk losses reported in 2018 to FM Global, one of the world’s largest commercial property insurers.
Read the article
• World
Tenable Research discovers high impact vulnerability in Siemens critical infrastructure design and automation software
Tenable has announced that its research team has discovered a critical vulnerability in Siemens STEP 7 TIA Portal, design and automation software for industrial control systems (ICS).
Read the article
• US
No sign of a reduction in ransomware attacks against UK organizations
Databarracks has shared new data from its soon-to-be-released Data Health Check survey which highlights that ransomware remains a serious issue for UK organizations.
Read the article
• UK
Report identifies the top climate risks for Canada and looks at resilience by adaptation
An expert panel convened by the Council of Canadian Academies (CCA) has identified Canada's top climate change risks and determined that many costs and damages could be avoided with ‘prompt and thoughtful’ adaptation.
Read the article
• Canada
UK CFOs see Brexit and geopolitics as posing the two greatest risks to their businesses
More than eight in ten CFOs (83 percent) say they expect the long-term business environment to deteriorate as a result of the UK leaving the EU, according to Deloitte’s latest Q2 CFO Survey. This is the highest reading since the referendum in June 2016.
Read the article
• UK
Building resilience and managing post-disruption supply chain recovery: lessons from the information and communication technology industry
A new academic paper proposes an integrated framework to establish an effective post-disruption management process.
Read the article
• World
Have you assessed the organizational impacts and the business continuity benefits of 5G adoption?
A new study from Cradlepoint shows that businesses expect 5G to be a major part of their technology roadmap but have a long way to go before they are ready to implement a solution.
Read the article
• World
To combat potential risks, organizations need to take a holistic approach to responsible AI practices
The estimated $15.7trn economic potential of artificial intelligence (AI) will only be realised if the integration of responsible AI practices occurs across organizations, and is considered before any developments take place, according to a new paper by PwC.
Read the article
• World
IEC 31010:2019 - updated standard for risk assessment techniques now available
ISO has announced the availability of an updated standard, IEC 31010:2019 ‘Risk management - Risk assessment techniques’. This provides guidance on the selection and application of techniques for assessing risk in a wide range of situations.
Read the article
• World
Resilience First releases guide to resilience planning for businesses
The London-based organization Resilience First has produced an aide-memoire that contains key guidance and actions to help business resilience. The ‘Guide to Resilience Planning for Business Communities’ provides some straightforward advice on building resilience...
Read the article
• UK
Report explores cyber resilience, defining its differentiation from cyber security
The Financial Education & Research Foundation (FERF), the independent non-profit research affiliate of Financial Executives International (FEI), has released the ‘Protection vs. Preparation: The Critical Difference Between Cybersecurity and Cyber Resilience’ report sponsored by Microsoft.
Read the article
• US / World
Majority of industry sectors experienced an increase in disruption over the past eight years: Accenture report
Nearly three-quarters (72 percent) of industry sectors experienced an increase in disruption over the past eight years, according to a new report from Accenture.
Read the article
• US / World
Canadian Financial Sector Resiliency Group launched to help improve financial sector resilience
The Bank of Canada has announced the launch of a public-private partnership to strengthen the resilience of Canada’s financial sector. The Canadian Financial Sector Resiliency Group (CFRG) will be responsible for coordinating a sector-wide response to systemic-level operational incidents.
Read the article
• Canada
Australian Securities & Investments Commission consults on proposed technological and operational resilience rules
The Australian Securities & Investments Commission (ASIC) has published a consultation paper proposing new market integrity rules for securities and futures market operators and participants. The rules promote technological and operational resilience of critical systems.
Read the article
• Australia
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing656.html
A response to ‘Where next for the BIA?’
Alberto Mattia, chief executive officer of PANTA RAY, gives a detailed response to Continuity Central’s recent article discussing what the future direction of the business impact analysis could be.
Read the article
• World
Has the crisis communications ‘golden hour’ disappeared?
The rapid growth of social media, fuelled by camera-enabled smart phones, is obvious for all to see, and it has had fundamental impacts on society. But what about its impacts on crisis communications? Victoria Cross suggests that it has resulted in the disappearance of the traditional ‘golden hour’.
Read the article
• UK / World
An approach to cyber resiliency: unifying cyber security incident response and business continuity
Bringing cyber security incident response and business continuity teams together will enable organizations to better manage cyber resiliency suggests Chandrasekar S.
Read the article
• World
LATEST NEWS
IoD member survey finds that businesses are struggling to prepare for a no-deal Brexit
The odds of the UK leaving the European Union on 31st October without a deal seem to be increasing, but an Institute of Directors study has found that half of businesses surveyed say that they ‘cannot be fully prepared’.
Read the article
• UK
Australian organisations partner to help the development of peer to peer networks for business continuity planning
The Community Services Industry Alliance (CSIA) is partnering with the Australian Department of Communities, Disability Services and Seniors to support business continuity planning through local community networks.
Read the article
• Australia
NIST supporting research into ways to help structures better withstand earthquakes, wind and fire
The US Department of Commerce’s National Institute of Standards and Technology (NIST) is awarding more than $6.6 million to fund research into improving disaster resilience.
Read the article
• US
Most ERM frameworks don't factor in reputation…
In an article on the Airmic website, Kasper Nielsen, chief strategy officer at the Reputation Institute, says that most organizations still don't understand how to manage their reputation.
Read the article
• World
Survey looks at UK financial services firms’ no-deal Brexit contingency planning
Nearly half (42 percent) of financial services firms say they will transfer UK business to a global centre outside the EU on day one in a no-deal Brexit scenario, with most choosing New York/US (13 percent) for this location.
Read the article
• UK
Cyber Threat Intelligence Report for the first half of 2019
NETSCOUT has published its Threat Intelligence Report for the first half of 2019. The report underscores how dramatically the cyber criminal business model has matured into an efficient, global operation and the increasing geographical diversity and proliferation of nation-state advance persistent threats (APT) groups.
Read the article
• World
Annual security professionals survey shows that budgets grow slower than rising threat levels
A lack of resources is the single biggest challenge for IT security, followed by a lack of experience and skills, according to ‘The Security Profession in 2018/19’ report from the Chartered Institute of Information Security.
Read the article
• World
100 Resilient Cities confirms that ‘wind down’ has started
In an open statement, Michael Berkowitz, President of 100 Resilient Cities, has confirmed that 100 Resilient Cities started to wind down its operations on August 1st.
Read the article
• US / World
Performance indicators for supply chain resilience: review and conceptual framework
A paper recently published in the Journal of Industrial Engineering International discusses supply chain resilience and identifies indicators which can help in increasing performance and making a supply chain more resilient.
Read the article
• Asia / World
Security teams spend 25 percent of their time chasing false positives
Exabeam and the Ponemon Institute, have published research results which reveal that on average, security personnel in US enterprises waste approximately 25 percent of their time chasing false positives because security alerts or indicators of compromise (IOCs) are erroneous.
Read the article
• US
Worldwide Business Resilience Readiness survey identifies a damaging ‘perception gap’
Zerto has published the findings of its sponsored IDC survey, the Worldwide Business Resilience Readiness Thought Leadership Survey. The subsequent report revealed that 91 percent of respondents have experienced a tech-related disruption in the past two years and yet 82 percent of respondents said data protection and recovery are important to their digital transformation projects.
Read the article
• World
DRI International now accepting nominations for 2020 Awards of Excellence
The 2020 DRI International Awards of Excellence will be presented at the DRI Conference on March 3, 2020 at the Westin Savannah Harbor Golf Resort & Spa in Savannah, GA, USA.
Read the article
• US / World
The 2019 BCI Australasia Awards winners
The Business Continuity Institute’s 2019 Australasia Awards were presented at a ceremony on July 30th during the BCI Australasia Summit in Sydney. The awards recognize excellence in the business continuity and resilience profession.
Read the article
• Australasia
COMPANIES AND MARKETS
Everbridge acquires threat intelligence solutions provider NC4
Everbridge has announced the acquisition of NC4, a global provider of threat intelligence solutions that empower businesses, government organizations, and communities to assess and disseminate risk data and information to manage and mitigate the impact of critical events.
Read the article
• US / World
The Business Continuity Institute announces that September 2019 is Education Month
The Business Continuity Institute has announced that its annual Education Month will be taking place through September 2019. Education Month offers business continuity and resilience professionals ‘the opportunity to take part in education initiatives and consider how training can improve their organization's resilience’.
Read the article
• UK / World
NEW PRODUCTS AND SERVICES
Venafi announces industry’s first no outages certificate guarantee
Venafi has announced the launch of the first no-outage guarantee, which aims to completely eliminate certificate-related outages.
Read the article
• World
Resilience Continuity Specialist, UK
Business Continuity Engagement Manager, Ireland
Manager, Business Continuity & Emergency Management, Canada
Business Continuity Manager, US
Head of Security and Business Continuity, UK
Business Continuity Manager, UK
Corporate Business Continuity Manager, UK
Head of Resiliency and Business Continuity Oversight, US
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
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Learning to Walk: The Challenges of Building a BCM Program in a Complex Environment
Wednesday, August 21st @ 12pm EDT
By attending this Webinar, you qualify for one (1) CEAP credit toward your DRII certification.
In this presentation, Kathee Tyo, Business Continuity Project Director at the University of Rochester, will discuss the unique challenges she faced while building a BCM program and a culture of resiliency in a complex environment, where competing priorities across vastly different business lines exist. She will share her lessons learned in the process of building the program and the real life events that impacted the University.
Key Takeaways:
About the Presenter:
Kathee Tyo, MS, RN, CBRM is the Business Continuity Management Project Director at the University of Rochester. Kathee began her career nursing then, after receiving her Master’s in Healthcare Leadership, worked in emergency preparedness before transitioning to business continuity management in 2012.
Register:
Register at https://register.gotowebinar.com/register/3449074918554006540
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Your monthly update of enterprise risk management news and information
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/risktopicsaugust2019.html
Organizations need to do more to manage third party risks says US Chamber of Commerce
The Q2 Assessment of Business Cyber Risk (ABC) report released by the US Chamber of Commerce and FICO recorded a National Risk Score of 688, a slight improvement over the previous quarter's score of 687.
Read the article
• US / World
Point-in-time approach to third-party risk management is no longer effective says Gartner
A Gartner survey of more than 250 legal and compliance leaders reveals that the standard point-in-time approach to risk management is no longer effective in today's landscape of fast-paced, rapidly changing business relationships.
Read the article
• US / World
Has the crisis communications ‘golden hour’ disappeared?
The rapid growth of social media, fuelled by camera-enabled smart phones, is obvious for all to see, and it has had fundamental impacts on society. But what about its impacts on crisis communications? Victoria Cross suggests that it has resulted in the disappearance of the traditional ‘golden hour’.
Read the article
• UK / World
IoD member survey finds that businesses are struggling to prepare for a no-deal Brexit
The odds of the UK leaving the European Union on 31st October without a deal seem to be increasing, but an Institute of Directors study has found that half of businesses surveyed say that they ‘cannot be fully prepared’.
Read the article
• UK
Most ERM frameworks don't factor in reputation…
In an article on the Airmic website, Kasper Nielsen, chief strategy officer at the Reputation Institute, says that most organizations still don't understand how to manage their reputation.
Read the article
• World
Cyber insurance may create false sense of security among senior financial executives suggests survey
Seven in 10 senior financial executives at the world’s largest companies believe their insurer would cover most or all of the losses their company would incur in a cyber attack. Many of the losses they foresee, however, are rarely covered by insurance. This is according to a new FM Global survey.
Read the article
• US / World
First ever guidelines on public risk management published
Underwriters Laboratories (UL), a global safety science leader, has announced the publication of ‘CAN/UL 2984, Management of Public Risks – Principles and Guidelines’.
Read the article
• Canada / World
Latest Emerging Risks Monitor Report shows that ‘pace of change’ is the top emerging risk
Organizations are concerned about their ability to keep up with a rapidly changing business landscape, driven in part by concerns about their own organizations’ lagging and misconceived digitalization strategies, according to Gartner, Inc.’s latest Emerging Risks Monitor Report.
Read the article
• US / World
BEC attacks: a low profile but increasingly damaging risk
In 2018, the costs of Business Email Compromise (BEC) attacks passed the $1 billion mark, doubling from the prior year. Crane Hassold looks at the issue and highlights the measures that organizations can take to reduce the risk of becoming a victim of a successful BEC attack.
Read the article
• World
5G networks: EU Member States complete national risk assessments
Following the European Commission’s recommendation for a common European approach to the security of 5G networks, 24 EU Member States have now completed the first step and submitted national risk assessments.
Read the article
• Europe
UK mid-market boards are ‘ignoring cyber risk’; only a minority have a cyber incident response plan
New research from Grant Thornton UK LLP has found that 63 percent of UK mid-market businesses do not have a board member responsible for cyber security. Additionally, over half of the business surveyed (59 percent) do not have a cyber incident response plan in place.
Read the article
• UK
Sam Mannan's Safety Triad: a framework for risk assessment
In a paper published in the latest issue of the Process Safety and Environmental Protection Journal, Michael O'Connor, Hans J.Pasman, and William J.Rogers from the TEES Mary Kay O'Connor Process Safety Center, look at the use of Sam Mannan's Safety Triad in organizational protection.
Read the article
• US / World
Survey finds that cyber security budgets are up; with additional investments being made in risk identification and resilience
Companies worldwide expect to boost their cyber security investments by 34 percent in the next fiscal year, after raising them by 17 percent the previous year, according to a new study covering 467 firms across industries and based in 17 countries.
Read the article
• World
Inadequate identity practices are exposing many businesses to risks
LastPass by LogMeIn has announced the results of a new study conducted by Vanson Bourne to offer businesses insights into the state of identity and access management (IAM) and actionable steps to improve their IAM programme.
Read the article
• World
Report identifies the top climate risks for Canada and looks at resilience by adaptation
An expert panel convened by the Council of Canadian Academies (CCA) has identified Canada's top climate change risks and determined that many costs and damages could be avoided with ‘prompt and thoughtful’ adaptation.
Read the article
• Canada
UK CFOs see Brexit and geopolitics as posing the two greatest risks to their businesses
More than eight in ten CFOs (83 percent) say they expect the long-term business environment to deteriorate as a result of the UK leaving the EU, according to Deloitte’s latest Q2 CFO Survey. This is the highest reading since the referendum in June 2016.
Read the article
• UK
To combat potential risks, organizations need to take a holistic approach to responsible AI practices
The estimated $15.7trn economic potential of artificial intelligence (AI) will only be realised if the integration of responsible AI practices occurs across organizations, and is considered before any developments take place, according to a new paper by PwC.
Read the article
• World
IEC 31010:2019 - updated standard for risk assessment techniques now available
ISO has announced the availability of an updated standard, IEC 31010:2019 ‘Risk management - Risk assessment techniques’. This provides guidance on the selection and application of techniques for assessing risk in a wide range of situations.
Read the article
• World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You have subscribed to this newsletter. To unsubscribe visit:
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Read our privacy policy at https://www.continuitycentral.com/index.php/privacy-and-cookies
This email was from: Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing657.html
Edge computing and hyperconvergence: the formula for maximum uptime?
There is plenty of hype around edge computing and hyperconvergence, but how useful are these technology approaches to business continuity? Alan Conboy explains why the combination can help to reduce downtime to the absolute minimum.
Read the article
• World
Crisis communications lessons from a statement made by the UK National Grid CEO
On August 9th the UK experienced its largest wide-area power outage for over a decade, causing widespread disruption. Following the incident, National Grid CEO John Pettigrew issued a crisis communications statement, which provides some interesting lessons...
Read the article
• UK / World
The importance of cyber due diligence in mergers and acquisition risk management
The need for cyber due diligence in a merger or acquisition of a business is more relevant than ever before. Connor Lattimer, Associate Director at Control Risks, explores the subject, and offers some pointers for risk managers.
Read the article
• UK / World
LATEST NEWS
New research into reading comprehension could help improve business continuity plan use
Researchers have found that a knowledge threshold may be an essential component of reading comprehension; and this could suggest that people expected to use business continuity plans may need a level of BC understanding before they can effectively use the plan.
Read the article
• World
Global organizations ‘face significant gaps in enterprise risk management’
New GRC survey uncovers mixed levels of executive confidence in organizations’ ability to manage risks, map ownership and identify third-party vulnerabilities.
Read the article
• World
Business disruptions and affective reactions: a strategy-as-practice perspective on fast strategic decision making
Affective reactions are the physical and emotional ways that a person reacts to a particular situation. In a new academic paper the authors look at how they can impact decision making in pressurized situations.
Read the article
• Europe / World
Key questions to ask to improve your third-party IT risk management
A new resource from ISACA, ‘Managing Third-Party Risk: Cyberrisk Practices for Better Enterprise Risk Management’ provides information and advice to help organizations better manage third-party IT risks.
Read the article
• US / World
Survey identifies security blind spots as organizations tackle advanced threats
As the quantity and frequency of advanced threats continue to accelerate, a new SANS Institute survey, ‘Effectively Addressing Advanced Threats’, found that a continued lack of visibility and the complexity of managing data across on-premises and cloud infrastructures further complicates the battle against such threats.
Read the article
• US / World
Ebola preparations stepped up in Burundi
The Ebola virus disease outbreak in the Democratic Republic of Congo continues to spread in the east of the country with a high risk of a spill-over into the neighbouring countries. As a result of this Burundi, with assistance from the European Union, is strengthening its Ebola preparedness measures.
Read the article
• Africa
Industrial IoT cyber vulnerabilities 'could cause multi-billion dollar losses'
Kovrr has released a report that estimates the potential for both large and catastrophic insurance losses to the United States manufacturing industry due to recently discovered industrial IoT vulnerabilities.
Read the article
• US
Key person risks are critical for many UK small businesses
More than a quarter (26 percent) of small businesses in the UK would have to immediately close if a key person died or became critically ill, according to research by Legal & General into the business protection market.
Read the article
• UK
Organizations need to do more to manage third party risks says US Chamber of Commerce
The Q2 Assessment of Business Cyber Risk (ABC) report released by the US Chamber of Commerce and FICO recorded a National Risk Score of 688, a slight improvement over the previous quarter's score of 687.
Read the article
• US / World
Ransomware modifications double year-on-year: sign that criminal activity is intensifying
Kaspersky researchers detected 16,017 new ransomware modifications in Q2 2019 – including ones belonging to eight new malware families.
Read the article
• World
Point-in-time approach to third-party risk management is no longer effective says Gartner
A Gartner survey of more than 250 legal and compliance leaders reveals that the standard point-in-time approach to risk management is no longer effective in today's landscape of fast-paced, rapidly changing business relationships.
Read the article
• US / World
Research shows that red team exercises are more effective than blue
A new survey-based study from Exabeam showed that 68 percent of respondents find that red team exercises are more effective than blue team testing, and more companies are practicing red over blue team testing.
Read the article
• US / World
‘Under the radar’ DDoS attacks increase by 158 percent in Q2 2019
Small-scale Distributed Denial of Service (DDoS) attacks are becoming more frequent and sophisticated, according to new research from Neustar’s Security Operations Centre (SOC).
Read the article
• World
Above normal Atlantic hurricane season now the most likely 2019 outcome
NOAA says that conditions are now more favorable for above-normal hurricane activity since El Nino has now ended. Forecasters with NOAA’s Climate Prediction Center have increased the likelihood of an above-normal Atlantic hurricane season to 45 percent (up from 30 percent from the outlook issued in May).
Read the article
• US
Malicious encryption of shared network files in cloud service providers is top ransomware threat
Vectra research for its ‘Spotlight Report on Ransomware’ shows that cybercriminals’ most effective weapon in a ransomware attack is the network itself, which enables the malicious encryption of shared files on network servers, especially files stored in infrastructure-as-a-service (IaaS) cloud providers.
Read the article
• World
NEW PRODUCTS AND SERVICES
Druva launches DRaaS offering with built-in disaster recovery on AWS
Druva, Inc., has announced the general availability of its Disaster Recovery-as-a-Service (DRaaS) offering for enterprise workloads. Built on AWS, Druva says that its new DRaaS offering helps improve business continuity with features including automated runbook execution, tighter AWS integration, and simplified orchestration and testing...
Read the article
• US / World
Datrium DRaaS ‘first to offer enterprise-class on-demand DR from S3 backups’
Datrium has announced the introduction of Datrium DRaaS with VMware Cloud on AWS. Built on Datrium's workload orchestrator, ControlShift, this new SaaS solution provides ‘the world's first production support of fully automated failover to the VMware Cloud on AWS based on snapshots held in AWS S3’, according to the company.
Read the article
• US / World
Principal, Business Continuity/Recovery, UK
Business Continuity Senior Manager, UK
Analyst - Business Continuity Implementation, Belgium
Senior, Cyber Security-Business Continuity / Disaster Recovery, US
Senior Principal Business Continuity Planning Technologist, US
Business Continuity Management Lead, Australia
Business Continuity Planning Mgr, US
Risk Management and Business Continuity Officer, UK
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
You have subscribed to this newsletter. To unsubscribe visit:
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This email was from:
Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
This newsletter highlights all the feature articles published on Continuity Central during August 2019 as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupsept2019.html
FEATURE ARTICLES
Edge computing and hyperconvergence: the formula for maximum uptime?
There is plenty of hype around edge computing and hyperconvergence, but how useful are these technology approaches to business continuity? Alan Conboy explains why the combination can help to reduce downtime to the absolute minimum.
Read the article
• World
Crisis communications lessons from a statement made by the UK National Grid CEO
On August 9th the UK experienced its largest wide-area power outage for over a decade, causing widespread disruption. Following the incident, National Grid CEO John Pettigrew issued a crisis communications statement, which provides some interesting lessons...
Read the article
• UK / World
The importance of cyber due diligence in mergers and acquisition risk management
The need for cyber due diligence in a merger or acquisition of a business is more relevant than ever before. Connor Lattimer, Associate Director at Control Risks, explores the subject, and offers some pointers for risk managers.
Read the article
• UK / World
Has the crisis communications ‘golden hour’ disappeared?
The rapid growth of social media, fuelled by camera-enabled smart phones, is obvious for all to see, and it has had fundamental impacts on society. But what about its impacts on crisis communications? Victoria Cross suggests that it has resulted in the disappearance of the traditional ‘golden hour’.
Read the article
• UK / World
An approach to cyber resiliency: unifying cyber security incident response and business continuity
Bringing cyber security incident response and business continuity teams together will enable organizations to better manage cyber resiliency suggests Chandrasekar S.
Read the article
• World
Understanding the wider impacts of workplace loss
The effects of losing a workplace office go further than the actual physical loss. Dr Sandra Bell looks at the wider implications of workplace loss and explores the strategies that organizations can implement to prepare for the impacts.
Read the article
• World
How automation can help safeguard financial services from cyber threats
The financial services industry is a key target for cyber attacks, yet given the size and complexity of the organizations involved in this sector it is often difficult to manage security. Automation is an emerging tool which can help says Nick Lowe.
Read the article
• World
Research shows that organizations are getting better at understanding IT downtime costs
Data taken from Databarracks recently released Data Health Check survey shows that only 19 percent do not know how much IT downtime costs their business: this is down from 35 percent in 2017.
Read the article
• UK / World
The human element in cyber attacks remains key, despite AI advances
Juniper Research has published a new report, ‘The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Mitigation Strategies 2019-2024’.
Read the article
• World
New research into reading comprehension could help improve business continuity plan use
Researchers have found that a knowledge threshold may be an essential component of reading comprehension; and this could suggest that people expected to use business continuity plans may need a level of BC understanding before they can effectively use the plan.
Read the article
• World
Global organizations ‘face significant gaps in enterprise risk management’
New GRC survey uncovers mixed levels of executive confidence in organizations’ ability to manage risks, map ownership and identify third-party vulnerabilities.
Read the article
• World
Business disruptions and affective reactions: a strategy-as-practice perspective on fast strategic decision making
Affective reactions are the physical and emotional ways that a person reacts to a particular situation. In a new academic paper the authors look at how they can impact decision making in pressurized situations.
Read the article
• Europe / World
Key questions to ask to improve your third-party IT risk management
A new resource from ISACA, ‘Managing Third-Party Risk: Cyberrisk Practices for Better Enterprise Risk Management’ provides information and advice to help organizations better manage third-party IT risks.
Read the article
• US / World
Survey identifies security blind spots as organizations tackle advanced threats
As the quantity and frequency of advanced threats continue to accelerate, a new SANS Institute survey, ‘Effectively Addressing Advanced Threats’, found that a continued lack of visibility and the complexity of managing data across on-premises and cloud infrastructures further complicates the battle against such threats.
Read the article
• US / World
Industrial IoT cyber vulnerabilities 'could cause multi-billion dollar losses'
Kovrr has released a report that estimates the potential for both large and catastrophic insurance losses to the United States manufacturing industry due to recently discovered industrial IoT vulnerabilities.
Read the article
• US
Key person risks are critical for many UK small businesses
More than a quarter (26 percent) of small businesses in the UK would have to immediately close if a key person died or became critically ill, according to research by Legal & General into the business protection market.
Read the article
• UK
Organizations need to do more to manage third party risks says US Chamber of Commerce
The Q2 Assessment of Business Cyber Risk (ABC) report released by the US Chamber of Commerce and FICO recorded a National Risk Score of 688, a slight improvement over the previous quarter's score of 687.
Read the article
• US / World
Ransomware modifications double year-on-year: sign that criminal activity is intensifying
Kaspersky researchers detected 16,017 new ransomware modifications in Q2 2019 – including ones belonging to eight new malware families.
Read the article
• World
Point-in-time approach to third-party risk management is no longer effective says Gartner
A Gartner survey of more than 250 legal and compliance leaders reveals that the standard point-in-time approach to risk management is no longer effective in today's landscape of fast-paced, rapidly changing business relationships.
Read the article
• US / World
Research shows that red team exercises are more effective than blue
A new survey-based study from Exabeam showed that 68 percent of respondents find that red team exercises are more effective than blue team testing, and more companies are practicing red over blue team testing.
Read the article
• US / World
‘Under the radar’ DDoS attacks increase by 158 percent in Q2 2019
Small-scale Distributed Denial of Service (DDoS) attacks are becoming more frequent and sophisticated, according to new research from Neustar’s Security Operations Centre (SOC).
Read the article
• World
Malicious encryption of shared network files in cloud service providers is top ransomware threat
Vectra research for its ‘Spotlight Report on Ransomware’ shows that cybercriminals’ most effective weapon in a ransomware attack is the network itself, which enables the malicious encryption of shared files on network servers, especially files stored in infrastructure-as-a-service (IaaS) cloud providers.
Read the article
• World
IoD member survey finds that businesses are struggling to prepare for a no-deal Brexit
The odds of the UK leaving the European Union on 31st October without a deal seem to be increasing, but an Institute of Directors study has found that half of businesses surveyed say that they ‘cannot be fully prepared’.
Read the article
• UK
Australian organisations partner to help the development of peer to peer networks for business continuity planning
The Community Services Industry Alliance (CSIA) is partnering with the Australian Department of Communities, Disability Services and Seniors to support business continuity planning through local community networks.
Read the article
• Australia
Most ERM frameworks don't factor in reputation…
In an article on the Airmic website, Kasper Nielsen, chief strategy officer at the Reputation Institute, says that most organizations still don't understand how to manage their reputation.
Read the article
• World
Survey looks at UK financial services firms’ no-deal Brexit contingency planning
Nearly half (42 percent) of financial services firms say they will transfer UK business to a global centre outside the EU on day one in a no-deal Brexit scenario, with most choosing New York/US (13 percent) for this location.
Read the article
• UK
Cyber Threat Intelligence Report for the first half of 2019
NETSCOUT has published its Threat Intelligence Report for the first half of 2019. The report underscores how dramatically the cyber criminal business model has matured into an efficient, global operation and the increasing geographical diversity and proliferation of nation-state advance persistent threats (APT) groups.
Read the article
• World
Annual security professionals survey shows that budgets grow slower than rising threat levels
A lack of resources is the single biggest challenge for IT security, followed by a lack of experience and skills, according to ‘The Security Profession in 2018/19’ report from the Chartered Institute of Information Security.
Read the article
• World
Performance indicators for supply chain resilience: review and conceptual framework
A paper recently published in the Journal of Industrial Engineering International discusses supply chain resilience and identifies indicators which can help in increasing performance and making a supply chain more resilient.
Read the article
• Asia / World
Security teams spend 25 percent of their time chasing false positives
Exabeam and the Ponemon Institute, have published research results which reveal that on average, security personnel in US enterprises waste approximately 25 percent of their time chasing false positives because security alerts or indicators of compromise (IOCs) are erroneous.
Read the article
• US
Worldwide Business Resilience Readiness survey identifies a damaging ‘perception gap’
Zerto has published the findings of its sponsored IDC survey, the Worldwide Business Resilience Readiness Thought Leadership Survey. The subsequent report revealed that 91 percent of respondents have experienced a tech-related disruption in the past two years and yet 82 percent of respondents said data protection and recovery are important to their digital transformation projects.
Read the article
• World
New Deloitte report offers guidance on enhancing operational resilience in the UK financial services sector
In July 2018 the Bank of England and UK Financial Conduct Authority published a discussion paper on operational resilience and are expected to strengthen regulation in this area. Deloitte has issued a new report to assist financial sector organizations prepare.
Read the article
• UK
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing658.html
The state of critical application availability in public cloud and hybrid cloud environments
Frank Jablonski looks at how organizations can provide both high availability and disaster recovery for critical applications running in purely public and hybrid cloud environments.
Read the article
• US / World
Are privacy and security at a crossroads?
Lecio de Paula discusses changing risks associated with privacy and security and how convergence means that organizations need to consider taking a more holistic approach to managing these two aspects of data protection.
Read the article
• World
Aligning cybersecurity management with enterprise risk management in the financial industry
Research by Alina Andronache from the Brunel Business School, Brunel University, looks at the reasons why financial sector organizations should consider aligning cybersecurity management with enterprise risk management and proposed a framework for achieving this.
Read the article
• UK / World
LATEST NEWS
New report looks at the value of aligning risk management and information security
IT and risk management professionals must speak the same language to more effectively incorporate the benefits and uncertainties associated with data and technology into the organizations’ overall strategy and to add value, according to a newly published white paper from ISACA and RIMS.
Read the article
• US / World
Enterprise security risk management guidance launched by ASIS
ASIS International has published a new guidance document for enterprise security risk management (ESRM), claimed to be the first strategic security management tool of its kind, ‘elevating the security function by establishing a partnership between security professionals and business leaders to manage security risks’.
Read the article
• US / World
More than half of UK businesses are taking GDPR compliance risks
A survey of UK GDPR decision-makers conducted on behalf of Egress, has found that 52 percent of businesses are not fully compliant with the regulation, more than a year after its implementation. The survey also found that 37 percent of respondents had reported an incident to the ICO in the past 12 months, with 17 percent having done so more than once.
Read the article
• UK
41 percent of UK businesses have not conducted a Brexit risk assessment
New research from the British Chambers of Commerce shows that ‘a concerningly high number’ of UK firms aren’t ready for a no deal Brexit. The survey of over 1,500 firms from across the UK, found that two-fifths (41 percent) of UK businesses have not done a Brexit risk assessment.
Read the article
• UK
New guidance for airport business continuity management published
Airports Council International (ACI) World has launched a new guidance handbook on business continuity management to help airport operators maintain the flow of passengers and goods in the event of an emergency or other disruption.
Read the article
• US / World
NIST asks for comments on new cyber resilience guidance
The US NIST is seeking comments on the Final Public Draft of NIST Special Publication (SP) 800-160 Volume 2, Developing Cyber Resilient Systems: A Systems Security Engineering Approach.
Read the article
• US / World
Cloud is safer than on-premise say that majority of security leaders
Nominet has announced the results from research which shows that 61 percent of security professionals believe that the risk of a security breach is the same or lower in cloud environments compared to on-premise.
Read the article
• UK / World
More than a third of enterprises have lost business due to cyber security failures
BitSight has published a new study that evaluates how executives understand and effectively measure their cyber security performance and adequately communicate it to the board, senior executives, customers, and critical stakeholders.
Read the article
• World
Kaspersky research shows that many businesses still rely on Windows 7 – they need to act now
Many small & medium-sized businesses (SMBs) still rely on the Windows 7 operating system (OS), despite extended support coming to an end in January 2020, according to Kaspersky research.
Read the article
• World
New Resilience Association launches its first Annual Resilience Congress
The Resilience Association, which was launched recently in the UK, will hold its first Annual Resilience Congress on Wednesday 23rd October 2019.
Read the article
• UK / World
Research shows that organizations are getting better at understanding IT downtime costs
Data taken from Databarracks recently released Data Health Check survey shows that only 19 percent do not know how much IT downtime costs their business: this is down from 35 percent in 2017.
Read the article
• UK / World
Take part in a survey looking at ‘Business Involvement in Disaster Management’
A global survey is currently being conducted by Risk Frontiers in conjunction with the Bushfire and Natural Hazards Cooperative Research Centre and Macquarie University as part of a project involving Australian emergency management agencies.
Read the article
• Australia / World
The human element in cyber attacks remains key, despite AI advances
Juniper Research has published a new report, ‘The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Mitigation Strategies 2019-2024’.
Read the article
• World
NEW PRODUCTS AND SERVICES
EfficientIP announces ‘world’s first edge DNS Global Server Load Balancing intelligent application traffic routing solution’
EfficientIP has announced the release of what it says is the industry’s first edge DNS GSLB (Global Server Load Balancing) offering. With enterprises moving to multi-cloud environments, DNS GSLB helps strengthen resiliency.
Read the article
• World
COMPANIES AND MARKETS
Exabeam expands international availability of cloud-based SIEM to help organizations modernise security operations
Exabeam has announced the expanded availability of Exabeam SaaS Cloud, a hosted version of the market-leading Exabeam Security Management Platform (SMP) to help even more organizations modernise their security operations.
Read the article
• World
Scale Computing and Acronis form technology partnership for business continuity and disaster recovery
Scale Computing and Acronis have announced an OEM partnership, offering Acronis Backup to customers through Scale Computing channels, delivering archiving, enhanced data protection, disaster recovery, and threat mitigation on the Scale Computing HC3 platform.
Read the article
• World
Business Continuity Adviser, UK
Business Continuity Program Manager, US
Business Continuity Coordinator, US
Business Continuity Manager, US
Corporate Security Crisis & Business Continuity Manager, UK
Head of Operational Resilience – Business Continuity, UK
Business Continuity Management Specialist, UK
IT Service Continuity Analyst, Australia
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
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What Are the Factors Behind Successful Business Continuity Programs?
During June and July 2019, ClearView and Assurance conducted a global study to examine keys to success in Business Continuity. Altogether, more than 1,100 BC professionals around the world participated in the study. This webinar will give you an opportunity to be one of the first to learn about the results and key findings of the study.
Discover:
And much more!
Presenters:
Date and time:
The webinar takes place on Tuesday September 17th and occurs at two different times to make it easier for people around the world to take part:
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing659.html
Results from the 2019 Business Continuity Benchmark Study
During May – July Continuity Central, along with the Business Continuity Institute, Disaster Recovery Institute International, and the Association of Continuity Professionals, assisted ClearView and Assurance with the first annual Business Continuity Benchmark Study. Altogether 1,123 responses were received to a survey for the study; and the results are now available in a report which examines the key findings and identifies best-in class organizational attributes that are most highly correlated with business continuity success.
Read the article
• World
Dealing with the risks and issues of legacy network architectures
As organizations journey towards digital transformation, they’re increasingly likely to have migrated workloads to the cloud. This raises the challenge of dealing with the issues and risks associated with legacy network architectures that were built for a pre-cloud era. Hubert da Costa explores the subject and suggests a solution.
Read the article
• World
LATEST NEWS
Automated attacks on e-commerce growing more sophisticated and difficult to detect
Imperva, Inc., has released the first industry-specific study into the impact of bot attacks on the e-commerce industry, which highlights the risk of cyber attacks and downtime.
Read the article
• World
Extended enterprise risk management responsibility moves to the boardroom
According to a Deloitte extended enterprise risk management (EERM) survey, as better management of third party risk has been viewed as a transformation opportunity, boards and senior leadership have grown to have ultimate responsibility for EERM in more than three-quarters of respondent organizations.
Read the article
• World
Research looks into the long term impacts of hurricane damage on company value
When it comes to hurricane impacts, well-prepared companies preserve their value, and poorly prepared companies may not do so; this was the headline finding of a study commissioned by FM Global and conducted by Pentland Analytics.
Read the article
• US
Boards and c-suite own cyber risk, but don’t spend nearly enough time on the issue…
Amid a wider range of issues to handle, a majority of board members and senior executives responsible for their organization’s cyber risk management had less than a day in the last year to spend focused on cyber risk issues.
Read the article
• World
Business Continuity Checklist: A Primer for Hurricane Planning & Response
Aon’s business continuity team has written a useful checklist-style article sharing business continuity and disaster recovery best practices specifically related to hurricane incidents.
Read the article
• North America / World
EIOPA calls for the development of a cyber resilience framework for the insurance sector
The European Insurance and Occupational Pensions Authority (EIOPA) has published a report looking at ‘Cyber Risk for Insurers – Challenges and Opportunities', which calls for a cyber resilience framework for insurers.
Read the article
• Europe
New report gains insights from the C-suite on cyber resilience
A new report, ‘Prepare for the expected: Safeguarding value in the era of cyber risk,’ released by Aon plc, has gathered views from cyber-focused leaders from businesses in EMEA to share lessons learned in building cyber resilient organizations.
Read the article
• World
Institute of Directors publishes Brexit contingency planning survey results
The Institute of Directors (IoD) has called on the UK and EU to improve no deal planning efforts, as the results of a recent survey highlight the ‘impossible situation’ facing business leaders.
Read the article
• UK
The Business Continuity Institute presents the BCI Africa Awards 2019
The Business Continuity Institute has presented its annual Africa Awards at a ceremony during the BCI Africa Conference 2019. The awards recognise excellent in business continuity and resilience in the region.
Read the article
• Africa
StorageCraft research show that IT business continuity is failing in many organizations
Independent global research, commissioned by StorageCraft, reveals that IT infrastructures of many organizations are struggling, often failing, to deliver business continuity in the event of severe data outages.
Read the article
• World
EU financial regulators highlight ‘Brexit fatigue’ risks
The latest report from the European Union's Joint Committee of the European Supervisory Authorities (ESAs) advises financial institutions to continue planning for business continuity in a no-deal Brexit scenario despite ‘Brexit fatigue’.
Read the article
• Europe / UK
NEW PRODUCTS AND SERVICES
BSI publishes revised risk assessment standard - BS EN IEC 31010:2019
BSI has announced the release of BS EN IEC 31010:2019 Risk management – Risk assessment techniques, to give guidance on how to select and apply risk assessment techniques in a wide range of contexts.
Read the article
• UK
COMPANIES AND MARKETS
Clearview and F24 partner to run a Middle East business continuity roadshow
In late September and mid-October, Clearview and F24 are working together to run a series of free events aimed specifically at GCC based organizations, looking at how they can use technology to enhance operational and business resilience.
Read the article
• Middle East
EMEA purpose-built backup appliances market revenue declined in the second quarter 2019, says IDC
EMEA purpose-built backup appliance (PBBA) vendor revenues decreased 5.6 percent year-over-year to reach $267.7 million in the second quarter of 2019, according to International Data Corporation's (IDC) Worldwide Quarterly Purpose-Built Backup Appliance Tracker.
Read the article
• Various
Fusion Risk Management appoints Michael Campbell as CEO
Fusion Risk Management, Inc., has announced that its previous CEO and Founder, David Nolan, has taken the role of Strategic Advisor, being replaced as CEO by Michael Campbell.
Read the article
• US / World
Iceland rolls out Nationwide Alerting System, powered by Everbridge
Everbridge, Inc., has announced that its deployment of Iceland’s national alerting system has gone live and is operational. Everbridge Public Warning leverages existing telecom infrastructure, with no end user registration or opt-in required.
Read the article
• Europe
Head of Business Continuity, UK
Principal, Business Continuity/Recovery, UK
Business Continuity Manager, UK
Business Continuity Lead - Supply Chain Services, US
Risk Business Initiatives Consultant, UK
Business Continuity and Emergency Preparedness Coordinator, Australia
Director, Business Continuity, US
Business Continuity and Emergency Manager, US
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
You have subscribed to this newsletter. To unsubscribe visit:
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This email was from:
Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/risktopicssept2019.html
Climate change is now the number one risk to organizational growth say CEOs
CEOs have named climate change as the top risk to organizational growth in 2019, ahead of technological disruption, return to territorialism, cyber security and operational risk, according to the findings from KPMG’s 2019 Global CEO Outlook.
Read the article
• World
Dealing with the risks and issues of legacy network architectures
As organizations journey towards digital transformation, they’re increasingly likely to have migrated workloads to the cloud. This raises the challenge of dealing with the issues and risks associated with legacy network architectures that were built for a pre-cloud era. Hubert da Costa explores the subject and suggests a solution.
Read the article
• World
Extended enterprise risk management responsibility moves to the boardroom
According to a Deloitte extended enterprise risk management (EERM) survey, as better management of third party risk has been viewed as a transformation opportunity, boards and senior leadership have grown to have ultimate responsibility for EERM in more than three-quarters of respondent organizations.
Read the article
• World
Research looks into the long term impacts of hurricane damage on company value
When it comes to hurricane impacts, well-prepared companies preserve their value, and poorly prepared companies may not do so; this was the headline finding of a study commissioned by FM Global and conducted by Pentland Analytics.
Read the article
• US
Boards and c-suite own cyber risk, but don’t spend nearly enough time on the issue…
Amid a wider range of issues to handle, a majority of board members and senior executives responsible for their organization’s cyber risk management had less than a day in the last year to spend focused on cyber risk issues.
Read the article
• World
EIOPA calls for the development of a cyber resilience framework for the insurance sector
The European Insurance and Occupational Pensions Authority (EIOPA) has published a report looking at ‘Cyber Risk for Insurers – Challenges and Opportunities', which calls for a cyber resilience framework for insurers.
Read the article
• Europe
New report gains insights from the C-suite on cyber resilience
A new report, ‘Prepare for the expected: Safeguarding value in the era of cyber risk,’ released by Aon plc, has gathered views from cyber-focused leaders from businesses in EMEA to share lessons learned in building cyber resilient organizations.
Read the article
• World
Institute of Directors publishes Brexit contingency planning survey results
The Institute of Directors (IoD) has called on the UK and EU to improve no deal planning efforts, as the results of a recent survey highlight the ‘impossible situation’ facing business leaders.
Read the article
• UK
EU financial regulators highlight ‘Brexit fatigue’ risks
The latest report from the European Union's Joint Committee of the European Supervisory Authorities (ESAs) advises financial institutions to continue planning for business continuity in a no-deal Brexit scenario despite ‘Brexit fatigue’.
Read the article
• Europe / UK
Are privacy and security at a crossroads?
Lecio de Paula discusses changing risks associated with privacy and security and how convergence means that organizations need to consider taking a more holistic approach to managing these two aspects of data protection.
Read the article
• World
Aligning cybersecurity management with enterprise risk management in the financial industry
Research by Alina Andronache from the Brunel Business School, Brunel University, looks at the reasons why financial sector organizations should consider aligning cybersecurity management with enterprise risk management and proposed a framework for achieving this.
Read the article
• UK / World
New report looks at the value of aligning risk management and information security
IT and risk management professionals must speak the same language to more effectively incorporate the benefits and uncertainties associated with data and technology into the organizations’ overall strategy and to add value, according to a newly published white paper from ISACA and RIMS.
Read the article
• US / World
Enterprise security risk management guidance launched by ASIS
ASIS International has published a new guidance document for enterprise security risk management (ESRM), claimed to be the first strategic security management tool of its kind, ‘elevating the security function by establishing a partnership between security professionals and business leaders to manage security risks’.
Read the article
• US / World
More than half of UK businesses are taking GDPR compliance risks
A survey of UK GDPR decision-makers conducted on behalf of Egress, has found that 52 percent of businesses are not fully compliant with the regulation, more than a year after its implementation. The survey also found that 37 percent of respondents had reported an incident to the ICO in the past 12 months, with 17 percent having done so more than once.
Read the article
• UK
41 percent of UK businesses have not conducted a Brexit risk assessment
New research from the British Chambers of Commerce shows that ‘a concerningly high number’ of UK firms aren’t ready for a no deal Brexit. The survey of over 1,500 firms from across the UK, found that two-fifths (41 percent) of UK businesses have not done a Brexit risk assessment.
Read the article
• UK
The importance of cyber due diligence in mergers and acquisition risk management
The need for cyber due diligence in a merger or acquisition of a business is more relevant than ever before. Connor Lattimer, Associate Director at Control Risks, explores the subject, and offers some pointers for risk managers.
Read the article
• UK / World
Global organizations ‘face significant gaps in enterprise risk management’
New GRC survey uncovers mixed levels of executive confidence in organizations’ ability to manage risks, map ownership and identify third-party vulnerabilities.
Read the article
• World
Business disruptions and affective reactions: a strategy-as-practice perspective on fast strategic decision making
Affective reactions are the physical and emotional ways that a person reacts to a particular situation. In a new academic paper the authors look at how they can impact decision making in pressurized situations.
Read the article
• Europe / World
Key questions to ask to improve your third-party IT risk management
A new resource from ISACA, ‘Managing Third-Party Risk: Cyberrisk Practices for Better Enterprise Risk Management’ provides information and advice to help organizations better manage third-party IT risks.
Read the article
• US / World
Key person risks are critical for many UK small businesses
More than a quarter (26 percent) of small businesses in the UK would have to immediately close if a key person died or became critically ill, according to research by Legal & General into the business protection market.
Read the article
• UK
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You have subscribed to this newsletter. To unsubscribe visit:
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This email was from: Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your monthly update of ICT continuity news and information
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/itcnewssept2019.html
Results from the 2019 Business Continuity Benchmark Study
During May – July Continuity Central, along with the Business Continuity Institute, Disaster Recovery Institute International, and the Association of Continuity Professionals, assisted ClearView and Assurance with the first annual Business Continuity Benchmark Study. Altogether 1,123 responses were received to a survey for the study; and the results are now available in a report which examines the key findings and identifies best-in class organizational attributes that are most highly correlated with business continuity success.
Read the article
• World
Dealing with the risks and issues of legacy network architectures
As organizations journey towards digital transformation, they’re increasingly likely to have migrated workloads to the cloud. This raises the challenge of dealing with the issues and risks associated with legacy network architectures that were built for a pre-cloud era. Hubert da Costa explores the subject and suggests a solution.
Read the article
• World
The state of critical application availability in public cloud and hybrid cloud environments
Frank Jablonski looks at how organizations can provide both high availability and disaster recovery for critical applications running in purely public and hybrid cloud environments.
Read the article
• US / World
Aligning cybersecurity management with enterprise risk management in the financial industry
Research by Alina Andronache from the Brunel Business School, Brunel University, looks at the reasons why financial sector organizations should consider aligning cybersecurity management with enterprise risk management and proposed a framework for achieving this.
Read the article
• UK / World
Edge computing and hyperconvergence: the formula for maximum uptime?
There is plenty of hype around edge computing and hyperconvergence, but how useful are these technology approaches to business continuity? Alan Conboy explains why the combination can help to reduce downtime to the absolute minimum.
Read the article
• World
CISOs need to redefine their role and include business continuity management
KuppingerCole Principal Analyst, Martin Kuppinger, says that CISOs need to take a resilience approach to cyber protection and this requires understanding that their role should include business continuity management.
Read the article
• Europe / World
Exploring the emerging threat of ‘disruptionware’
The Institute for Critical Infrastructure Technology (ICIT) has published a new paper ‘The Rise of Disruptionware: A Cyber-Physical Threat to Operational Technology Environments’, which explores the impacts of ‘disruptionware’.
Read the article
• US / World
Forrester study highlights ‘a false state of confidence’ when it comes to enterprise cyber security
Panaseer has released the results of a sponsored study conducted by Forrester Consulting which found that the key challenge facing security leaders is misplaced confidence that the abundance of technology investments they have made has strengthened their security posture.
Read the article
• US / UK / Europe
51 percent of outages are avoidable finds the 2019 IT Outage Impact Study
LogicMonitor has published the results from a new study of IT decision makers. The 2019 IT Outage Impact Study examines the impact infrastructure and software brownouts and outages have on organizations, and if such events are preventable.
Read the article
• Various
NIST invites comments on guidance for zero trust architecture network strategies
The US NIST is inviting comments on Draft Special Publication (SP) 800-207, Zero Trust Architecture, which discusses the core logical components that make up a zero trust architecture (ZTA) network strategy.
Read the article
• US / World
Cyber incidents: businesses urged to ‘be prepared, be proactive and practice, practice, practice’
Based on three years (2016-2018) of cyber incident response plan assessments and data breach simulations conducted by Verizon for its customers, the new Verizon Incident Preparedness and Response (VIPR) Report gives organizations strategic guidance on creating effective and efficient incident response plans.
Read the article
• US / World
Automated attacks on e-commerce growing more sophisticated and difficult to detect
Imperva, Inc., has released the first industry-specific study into the impact of bot attacks on the e-commerce industry, which highlights the risk of cyber attacks and downtime.
Read the article
• World
Boards and c-suite own cyber risk, but don’t spend nearly enough time on the issue…
Amid a wider range of issues to handle, a majority of board members and senior executives responsible for their organization’s cyber risk management had less than a day in the last year to spend focused on cyber risk issues.
Read the article
• World
New report gains insights from the C-suite on cyber resilience
A new report, ‘Prepare for the expected: Safeguarding value in the era of cyber risk,’ released by Aon plc, has gathered views from cyber-focused leaders from businesses in EMEA to share lessons learned in building cyber resilient organizations.
Read the article
• World
StorageCraft research show that IT business continuity is failing in many organizations
Independent global research, commissioned by StorageCraft, reveals that IT infrastructures of many organizations are struggling, often failing, to deliver business continuity in the event of severe data outages.
Read the article
• World
New report looks at the value of aligning risk management and information security
IT and risk management professionals must speak the same language to more effectively incorporate the benefits and uncertainties associated with data and technology into the organizations’ overall strategy and to add value, according to a newly published white paper from ISACA and RIMS.
Read the article
• US / World
Cloud is safer than on-premise say that majority of security leaders
Nominet has announced the results from research which shows that 61 percent of security professionals believe that the risk of a security breach is the same or lower in cloud environments compared to on-premise.
Read the article
• UK / World
More than a third of enterprises have lost business due to cyber security failures
BitSight has published a new study that evaluates how executives understand and effectively measure their cyber security performance and adequately communicate it to the board, senior executives, customers, and critical stakeholders.
Read the article
• World
Kaspersky research shows that many businesses still rely on Windows 7 – they need to act now
Many small & medium-sized businesses (SMBs) still rely on the Windows 7 operating system (OS), despite extended support coming to an end in January 2020, according to Kaspersky research.
Read the article
• World
Research shows that organizations are getting better at understanding IT downtime costs
Data taken from Databarracks recently released Data Health Check survey shows that only 19 percent do not know how much IT downtime costs their business: this is down from 35 percent in 2017.
Read the article
• UK / World
The human element in cyber attacks remains key, despite AI advances
Juniper Research has published a new report, ‘The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Mitigation Strategies 2019-2024’.
Read the article
• World
Key questions to ask to improve your third-party IT risk management
A new resource from ISACA, ‘Managing Third-Party Risk: Cyberrisk Practices for Better Enterprise Risk Management’ provides information and advice to help organizations better manage third-party IT risks.
Read the article
• US / World
Survey identifies security blind spots as organizations tackle advanced threats
As the quantity and frequency of advanced threats continue to accelerate, a new SANS Institute survey, ‘Effectively Addressing Advanced Threats’, found that a continued lack of visibility and the complexity of managing data across on-premises and cloud infrastructures further complicates the battle against such threats.
Read the article
• US / World
Industrial IoT cyber vulnerabilities 'could cause multi-billion dollar losses'
Kovrr has released a report that estimates the potential for both large and catastrophic insurance losses to the United States manufacturing industry due to recently discovered industrial IoT vulnerabilities.
Read the article
• US
Ransomware modifications double year-on-year: sign that criminal activity is intensifying
Kaspersky researchers detected 16,017 new ransomware modifications in Q2 2019 – including ones belonging to eight new malware families.
Read the article
• World
Research shows that red team exercises are more effective than blue
A new survey-based study from Exabeam showed that 68 percent of respondents find that red team exercises are more effective than blue team testing, and more companies are practicing red over blue team testing.
Read the article
• US / World
‘Under the radar’ DDoS attacks increase by 158 percent in Q2 2019
Small-scale Distributed Denial of Service (DDoS) attacks are becoming more frequent and sophisticated, according to new research from Neustar’s Security Operations Centre (SOC).
Read the article
• World
Malicious encryption of shared network files in cloud service providers is top ransomware threat
Vectra research for its ‘Spotlight Report on Ransomware’ shows that cybercriminals’ most effective weapon in a ransomware attack is the network itself, which enables the malicious encryption of shared files on network servers, especially files stored in infrastructure-as-a-service (IaaS) cloud providers.
Read the article
• World
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing660.html
Some thoughts about the BIA debate…
In a response to recent articles about the BIA’s role in business continuity, Dr. David Lindstedt responds, saying that much of the debate is predicated on a misunderstanding and is therefore, naturally, rather unproductive. In this article he seeks to clarify the nature of the debate regarding the value of the business impact analysis (BIA) and proposes new questions for consideration.
Read the article
• World
Making the case for work-area recovery
Work-area recovery (WAR) is sometimes seen as one of yesterday’s business continuity strategies. In this article, Innes le Roux explains why he believes that this is not the case and why you’re not truly resilience without work-area recovery.
Read the article
• Africa / World
The right way to IaaS: achieving secure flexibility and scalability
Infrastructure as a service (IaaS) offerings allow enterprises to focus on business growth, gain flexibility and scalability, as well as achieve significant cost savings. However, IaaS also raises some unique data leakage concerns that must be addressed. Anurag Kahol looks at three cornerstones of security when considering IaaS platforms...
Read the article
• World
LATEST NEWS
Study looks at the views of risk managers about cyber risk management
Zurich Insurance, in collaboration with Advisen, has released the ninth annual cyber survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. A key finding of the 2019 survey is that business interruptions due to cyber events are a top concern.
Read the article
• World
UNDRR welcomes the launch of the global Coalition for Disaster Resilient Infrastructure
The UN Secretary-General’s Special Representative for Disaster Risk Reduction, Mami Mizutori, welcomed the launch of the global Coalition for Disaster Resilient Infrastructure by the Prime Minister of India, Narendra Modi, at the UN Climate Action Summit in New York.
Read the article
• Asia / World
New findings on the board’s role in effective risk management
The Shared Assessments Program has published ‘The Board’s Role in Realizing Effective Risk Management’ – a new set of findings and recommendations developed with C-level executives and risk experts from a number of organizations.
Read the article
• US / World
Cyber attacks and fiscal crises top list of business risks in 2019: World Economic Forum
Economic issues dominate concerns for business executives around the world, according to the World Economic Forum’s ‘Regional Risks for Doing Business 2019’ report.
Read the article
• World
GAO report highlights increasing cyber security risks facing the US electric grid
The United States’ electric grid is becoming more vulnerable to cyber attacks - particularly those involving industrial control systems that support grid operations; this is one of the key findings of a new GAO report...
Read the article
• US
Cyber threats move to the top of the list of concerns for US businesses
The Travelers Companies, Inc. has announced the results of the 2019 Travelers Risk Index, which found that cyber risks are the top concern among US businesses of all sizes for the first time since the survey began in 2014.
Read the article
• US
Bank of England releases results from financial sector resilience exercise
The Bank of England has published the high level findings of the financial sector cyber simulation exercise that took place last year.
Read the article
• UK
C-suite involvement in business continuity planning is growing in the UK
New research from Databarracks has found that senior leadership (CEO, CFO, MD or FD) are in charge of business continuity plans in 25 percent of UK organizations, up from 21 percent in 2015. IT is in charge of business continuity plans in 42 percent of organizations.
Read the article
• UK
Confidence in organizational risk management slips
A recent survey for the 2019 Compliance and Procurement Sentiment report from Dun & Bradstreet found that 85 percent of respondents were confident about the effectiveness of risk management within their organization; 8 percent lower than the previous survey.
Read the article
• World
CISOs need to redefine their role and include business continuity management
KuppingerCole Principal Analyst, Martin Kuppinger, says that CISOs need to take a resilience approach to cyber protection and this requires understanding that their role should include business continuity management.
Read the article
• Europe / World
Exploring the emerging threat of ‘disruptionware’
The Institute for Critical Infrastructure Technology (ICIT) has published a new paper ‘The Rise of Disruptionware: A Cyber-Physical Threat to Operational Technology Environments’, which explores the impacts of ‘disruptionware’.
Read the article
• US / World
Forrester study highlights ‘a false state of confidence’ when it comes to enterprise cyber security
Panaseer has released the results of a sponsored study conducted by Forrester Consulting which found that the key challenge facing security leaders is misplaced confidence that the abundance of technology investments they have made has strengthened their security posture.
Read the article
• US / UK / Europe
51 percent of outages are avoidable finds the 2019 IT Outage Impact Study
LogicMonitor has published the results from a new study of IT decision makers. The 2019 IT Outage Impact Study examines the impact infrastructure and software brownouts and outages have on organizations, and if such events are preventable.
Read the article
• Various
Climate change is now the number one risk to organizational growth say CEOs
CEOs have named climate change as the top risk to organizational growth in 2019, ahead of technological disruption, return to territorialism, cyber security and operational risk, according to the findings from KPMG’s 2019 Global CEO Outlook.
Read the article
• World
NIST invites comments on guidance for zero trust architecture network strategies
The US NIST is inviting comments on Draft Special Publication (SP) 800-207, Zero Trust Architecture, which discusses the core logical components that make up a zero trust architecture (ZTA) network strategy.
Read the article
• US / World
DTCC calls for establishing business resilience as an industry-wide priority
The Depository Trust & Clearing Corporation (DTCC) has issued a call for establishing business resilience as a financial industry-wide priority in a new white paper, 'Resilience First'. In the paper, DTCC says that a paradigm shift is required to protect the global financial system...
Read the article
• US / World
Cyber incidents: businesses urged to ‘be prepared, be proactive and practice, practice, practice’
Based on three years (2016-2018) of cyber incident response plan assessments and data breach simulations conducted by Verizon for its customers, the new Verizon Incident Preparedness and Response (VIPR) Report gives organizations strategic guidance on creating effective and efficient incident response plans.
Read the article
• US / World
NEW PRODUCTS AND SERVICES
FileCloud unveils smart data leak protection solution for multi-cloud environments
FileCloud, a cloud-agnostic enterprise file sync and sharing platform, has unveiled Smart DLP, an intelligent, rule-driven solution that enables enterprises to prevent data leaks in real time and secure enterprise content across on-premise and public cloud environments.
Read the article
• World
Zerto announces general availability of Zerto 7.5 continuous data protection software
Zerto has announced the availability of Zerto 7.5, delivering deeper integrations with partners, new security and cloud capabilities and advanced analytics, helping customers navigate their cloud journey and alleviate security risks.
Read the article
• World
Everbridge launches Visual Command Centre for European customers
For the first time, European organizations will be able to take advantage of Everbridge’s Visual Command Center (VCC) software, delivering automated situational awareness and risk resilience in a single, integrated view.
Read the article
• Europe / UK
COMPANIES AND MARKETS
First Five Group acquires Risklogic and Firstaction: creates Australian market leader
First Five Group has announced that it has acquired two of Australia's best known crisis management and emergency preparedness businesses, RiskLogic and FirstAction.
Read the article
• Australia
Business Continuity Analyst, Canada
Sr Dir Loss Prevention & Business Continuity, US
Business Continuity and Resilience Manager, US
Business Continuity/Disaster Recovery Planning Manager, US
Information Security & Business Continuity Coordinator, UK
Business Continuity Manager, UK
Group Risk and Business Continuity Manager, UK
Business Continuity Planning Coordinator, US
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
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This newsletter highlights all the feature articles published on Continuity Central during September 2019 as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupoct2019.html
FEATURE ARTICLES
Results from the 2019 Business Continuity Benchmark Study
During May – July Continuity Central, along with the Business Continuity Institute, Disaster Recovery Institute International, and the Association of Continuity Professionals, assisted ClearView and Assurance with the first annual Business Continuity Benchmark Study. Altogether 1,123 responses were received to a survey for the study; and the results are now available in a report which examines the key findings and identifies best-in class organizational attributes that are most highly correlated with business continuity success.
Read the article
• World
Dealing with the risks and issues of legacy network architectures
As organizations journey towards digital transformation, they’re increasingly likely to have migrated workloads to the cloud. This raises the challenge of dealing with the issues and risks associated with legacy network architectures that were built for a pre-cloud era. Hubert da Costa explores the subject and suggests a solution.
Read the article
• World
The state of critical application availability in public cloud and hybrid cloud environments
Frank Jablonski looks at how organizations can provide both high availability and disaster recovery for critical applications running in purely public and hybrid cloud environments.
Read the article
• US / World
Are privacy and security at a crossroads?
Lecio de Paula discusses changing risks associated with privacy and security and how convergence means that organizations need to consider taking a more holistic approach to managing these two aspects of data protection.
Read the article
• World
Aligning cybersecurity management with enterprise risk management in the financial industry
Research by Alina Andronache from the Brunel Business School, Brunel University, looks at the reasons why financial sector organizations should consider aligning cybersecurity management with enterprise risk management and proposed a framework for achieving this.
Read the article
• UK / World
CISOs need to redefine their role and include business continuity management
KuppingerCole Principal Analyst, Martin Kuppinger, says that CISOs need to take a resilience approach to cyber protection and this requires understanding that their role should include business continuity management.
Read the article
• Europe / World
Exploring the emerging threat of ‘disruptionware’
The Institute for Critical Infrastructure Technology (ICIT) has published a new paper ‘The Rise of Disruptionware: A Cyber-Physical Threat to Operational Technology Environments’, which explores the impacts of ‘disruptionware’.
Read the article
• US / World
Forrester study highlights ‘a false state of confidence’ when it comes to enterprise cyber security
Panaseer has released the results of a sponsored study conducted by Forrester Consulting which found that the key challenge facing security leaders is misplaced confidence that the abundance of technology investments they have made has strengthened their security posture.
Read the article
• US / UK / Europe
51 percent of outages are avoidable finds the 2019 IT Outage Impact Study
LogicMonitor has published the results from a new study of IT decision makers. The 2019 IT Outage Impact Study examines the impact infrastructure and software brownouts and outages have on organizations, and if such events are preventable.
Read the article
• Various
Climate change is now the number one risk to organizational growth say CEOs
CEOs have named climate change as the top risk to organizational growth in 2019, ahead of technological disruption, return to territorialism, cyber security and operational risk, according to the findings from KPMG’s 2019 Global CEO Outlook.
Read the article
• World
Cyber incidents: businesses urged to ‘be prepared, be proactive and practice, practice, practice’
Based on three years (2016-2018) of cyber incident response plan assessments and data breach simulations conducted by Verizon for its customers, the new Verizon Incident Preparedness and Response (VIPR) Report gives organizations strategic guidance on creating effective and efficient incident response plans.
Read the article
• US / World
Automated attacks on e-commerce growing more sophisticated and difficult to detect
Imperva, Inc., has released the first industry-specific study into the impact of bot attacks on the e-commerce industry, which highlights the risk of cyber attacks and downtime.
Read the article
• World
Extended enterprise risk management responsibility moves to the boardroom
According to a Deloitte extended enterprise risk management (EERM) survey, as better management of third party risk has been viewed as a transformation opportunity, boards and senior leadership have grown to have ultimate responsibility for EERM in more than three-quarters of respondent organizations.
Read the article
• World
Research looks into the long term impacts of hurricane damage on company value
When it comes to hurricane impacts, well-prepared companies preserve their value, and poorly prepared companies may not do so; this was the headline finding of a study commissioned by FM Global and conducted by Pentland Analytics.
Read the article
• US
Boards and c-suite own cyber risk, but don’t spend nearly enough time on the issue…
Amid a wider range of issues to handle, a majority of board members and senior executives responsible for their organization’s cyber risk management had less than a day in the last year to spend focused on cyber risk issues.
Read the article
• World
Business Continuity Checklist: A Primer for Hurricane Planning & Response
Aon’s business continuity team has written a useful checklist-style article sharing business continuity and disaster recovery best practices specifically related to hurricane incidents.
Read the article
• North America / World
New report gains insights from the C-suite on cyber resilience
A new report, ‘Prepare for the expected: Safeguarding value in the era of cyber risk,’ released by Aon plc, has gathered views from cyber-focused leaders from businesses in EMEA to share lessons learned in building cyber resilient organizations.
Read the article
• World
Institute of Directors publishes Brexit contingency planning survey results
The Institute of Directors (IoD) has called on the UK and EU to improve no deal planning efforts, as the results of a recent survey highlight the ‘impossible situation’ facing business leaders.
Read the article
• UK
StorageCraft research show that IT business continuity is failing in many organizations
Independent global research, commissioned by StorageCraft, reveals that IT infrastructures of many organizations are struggling, often failing, to deliver business continuity in the event of severe data outages.
Read the article
• World
New report looks at the value of aligning risk management and information security
IT and risk management professionals must speak the same language to more effectively incorporate the benefits and uncertainties associated with data and technology into the organizations’ overall strategy and to add value, according to a newly published white paper from ISACA and RIMS.
Read the article
• US / World
Enterprise security risk management guidance launched by ASIS
ASIS International has published a new guidance document for enterprise security risk management (ESRM), claimed to be the first strategic security management tool of its kind, ‘elevating the security function by establishing a partnership between security professionals and business leaders to manage security risks’.
Read the article
• US / World
New report looks at the value of aligning risk management and information security
IT and risk management professionals must speak the same language to more effectively incorporate the benefits and uncertainties associated with data and technology into the organizations’ overall strategy and to add value, according to a newly published white paper from ISACA and RIMS.
Read the article
• US / World
Enterprise security risk management guidance launched by ASIS
ASIS International has published a new guidance document for enterprise security risk management (ESRM), claimed to be the first strategic security management tool of its kind, ‘elevating the security function by establishing a partnership between security professionals and business leaders to manage security risks’.
Read the article
• US / World
More than half of UK businesses are taking GDPR compliance risks
A survey of UK GDPR decision-makers conducted on behalf of Egress, has found that 52 percent of businesses are not fully compliant with the regulation, more than a year after its implementation. The survey also found that 37 percent of respondents had reported an incident to the ICO in the past 12 months, with 17 percent having done so more than once.
Read the article
• UK
41 percent of UK businesses have not conducted a Brexit risk assessment
New research from the British Chambers of Commerce shows that ‘a concerningly high number’ of UK firms aren’t ready for a no deal Brexit. The survey of over 1,500 firms from across the UK, found that two-fifths (41 percent) of UK businesses have not done a Brexit risk assessment.
Read the article
• UK
New guidance for airport business continuity management published
Airports Council International (ACI) World has launched a new guidance handbook on business continuity management to help airport operators maintain the flow of passengers and goods in the event of an emergency or other disruption.
Read the article
• US / World
Cloud is safer than on-premise say that majority of security leaders
Nominet has announced the results from research which shows that 61 percent of security professionals believe that the risk of a security breach is the same or lower in cloud environments compared to on-premise.
Read the article
• UK / World
More than a third of enterprises have lost business due to cyber security failures
BitSight has published a new study that evaluates how executives understand and effectively measure their cyber security performance and adequately communicate it to the board, senior executives, customers, and critical stakeholders.
Read the article
• World
Kaspersky research shows that many businesses still rely on Windows 7 – they need to act now
Many small & medium-sized businesses (SMBs) still rely on the Windows 7 operating system (OS), despite extended support coming to an end in January 2020, according to Kaspersky research.
Read the article
• World
Research shows that organizations are getting better at understanding IT downtime costs
Data taken from Databarracks recently released Data Health Check survey shows that only 19 percent do not know how much IT downtime costs their business: this is down from 35 percent in 2017.
Read the article
• UK / World
Take part in a survey looking at ‘Business Involvement in Disaster Management’
A global survey is currently being conducted by Risk Frontiers in conjunction with the Bushfire and Natural Hazards Cooperative Research Centre and Macquarie University as part of a project involving Australian emergency management agencies.
Read the article
• Australia / World
The human element in cyber attacks remains key, despite AI advances
Juniper Research has published a new report, ‘The Future of Cybercrime & Security: Threat Analysis, Impact Assessment & Mitigation Strategies 2019-2024’.
Read the article
• World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing661.html
Six steps to a robust cyber security strategy
This October marks the 16th annual Cybersecurity Awareness Month, and this should serve as a reminder that businesses of all sizes need to implement strong cyber security. Graham Marcroft highlights six areas that combine to help create a holistic cyber security strategy.
Read the article
• UK / World
Seven legal implications UK businesses should be aware of before Brexit
Commercial legal solicitors, Spratt Endicott, has shared a checklist of items that UK business owners should be aware of and putting into action in a bid to place their business in the best possible position ahead of the Brexit deadline…
Read the article
• UK
What a ‘Brexit Operating Regime’ is and how it can help your organization prepare for Brexit
The 31st October potential Brexit deadline is approaching rapidly! In this article Charlie Maclean Bristol explores how the concept of a Brexit Operating Regime can help organizations that may be exposed to Brexit impacts to prepare for them.
Read the article
• UK / Europe
Observability and visibility in cyber security: key reasons they are not the same; and why it matters
In today’s increasingly complex cyber landscape, it is now more important than ever for organizations to be able to analyse contextual data in order to make informed decisions regarding their network security policy.
Read the article
• World
LATEST NEWS
Corporate boards ‘significantly overconfident’ when it comes to risks
Board members have greater confidence in their organizations' ability to manage key risks than members of management actually do, according to a survey of board members, executive management, and chief audit executives released by The Institute of Internal Auditors (IIA).
Read the article
• US / World
New disaster management technology tested in Netherlands exercise
On 10th October, emergency services and disaster management experts from Safety Region IJsselland gathered in Kampen, Netherlands, to take part in a major table-top exercise to train and plan together for future disasters.
Read the article
• Europe
Employees’ poor password habits remain a key obstacle to business’ security
LastPass by LogMeIn has released the results of its 3rd Annual Global Password Security Report, a study that offers insights into employee password activities as well as emerging trends around identity and access management in businesses worldwide.
Read the article
• World
The costs of major natural disasters are disproportionately increasing
While the economic cost of natural disasters has not increased much on average, averages can be deceptive. The costs of major disasters have increased to a disproportionately larger extent than those of lesser events, and these major disasters have become far more expensive, according to an international team of researchers.
Read the article
• World
Research reveals negligent users as top cyber security threat to German organizations
SolarWinds has released findings of its latest cyber security research which highlights the threats technology professionals face today and those they expect over the next 12 months. The study found that internal factors are the most prominent cyber security threat.
Read the article
• Europe
Consultation taking place on ‘preliminary resilience assessment’ for London
London Prepared is consulting on a preliminary resilience assessment which will provide information for a resilience strategy for London. The deadline for taking part is 15th October 2019.
Read the article
• UK
The industrial cyber threat landscape explored
Kaspersky solutions were triggered on 41.6 percent of industrial control system (ICS) computers in the energy sector globally in the first six months of 2019. This was followed by automotive manufacturing (39.3 percent) and building automation (37.8 percent).
Read the article
• World
Only 12 percent of UK enterprises can detect anomalous activity in their IT networks
ManageEngine has announced the findings of its ‘State of IT in the UK - 2019’ survey, which was conducted on behalf of the company by Vitreous World, an independent research consultancy.
Read the article
• UK
NEW PRODUCTS AND SERVICES
FireEye launches digital threat monitoring to protect organizations’ brands, people and data
FireEye, Inc., has announced the availability of FireEye Digital Threat Monitoring – a new way for customers to defend their digital footprint across otherwise inaccessible facets of the web.
Read the article
• World
Acronis claims that its new cyber protection services make traditional backup and data protection obsolete
Acronis has launched several new cyber protection solutions – Acronis Cyber Protect, Acronis Cyber Platform and Acronis Cyber Infrastructure – claiming that they will ‘revolutionize how the industry solves modern data protection and cyber security challenges’.
Read the article
• US / World
Commvault launches ‘Metallic’: a new SaaS backup and recovery brand
Commvault has announced the launch of Metallic™, a new Commvault venture. Metallic offers a software-as-a-service (SaaS) portfolio that enables companies to affordably protect their on-premises, cloud-based and hybrid file and application data.
Read the article
• US
COMPANIES AND MARKETS
FM Global opens new US$16 million laboratory to help reduce industrial property hazards
FM Global has opened a US$16 million Electrical Hazards and Gas Detection Laboratory at its Research Campus in West Glocester, R.I., USA. Fireballs, explosions, combustible and toxic gas leaks and short circuits - industrial property hazards that can derail a business - are now daily occurrences inside of the specialised laboratory!
Read the article
• US
Business Continuity & Crisis Manager, US
Sr. Analyst, Business Continuity, US
Business Continuity / Resilience Analyst, US
Risk and Resilience Manager, UK
Business Continuity Manager, UK
Head of Operational Resilience, UK
Crisis Management Professional, Canada
Civil Contingencies Manager, UK
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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Continuity Central is a registered trademark
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/risktopicsoct2019.html
Only 28 percent of US enterprises say CEO and board approves acceptable level of cyber risk
Ponemon Institute research, evaluating accountability for ensuring the effectiveness and efficiency of security practices, technologies, and controls within enterprises, demonstrates a clear lack of accountability, especially on the board and among C-suite executives.
Read the article
• US
CEO and CISO disconnect puts Australian organizations at risk: Unisys survey
Chief executive officer (CEO) confidence regarding an organization's ability to detect and manage cyber concerns far outstrips that of chief information security officers (CISOs) – a disconnect that puts organizations at risk of cyber attacks, according to research released by Unisys Corporation.
Read the article
• Australia
Corporate boards ‘significantly overconfident’ when it comes to risks
Board members have greater confidence in their organizations' ability to manage key risks than members of management actually do, according to a survey of board members, executive management, and chief audit executives released by The Institute of Internal Auditors (IIA).
Read the article
• US / World
Study looks at the views of risk managers about cyber risk management
Zurich Insurance, in collaboration with Advisen, has released the ninth annual cyber survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. A key finding of the 2019 survey is that business interruptions due to cyber events are a top concern.
Read the article
• World
New findings on the board’s role in effective risk management
The Shared Assessments Program has published ‘The Board’s Role in Realizing Effective Risk Management’ – a new set of findings and recommendations developed with C-level executives and risk experts from a number of organizations.
Read the article
• US / World
Cyber attacks and fiscal crises top list of business risks in 2019: World Economic Forum
Economic issues dominate concerns for business executives around the world, according to the World Economic Forum’s ‘Regional Risks for Doing Business 2019’ report.
Read the article
• World
GAO report highlights increasing cyber security risks facing the US electric grid
The United States’ electric grid is becoming more vulnerable to cyber attacks - particularly those involving industrial control systems that support grid operations; this is one of the key findings of a new GAO report...
Read the article
• US
Cyber threats move to the top of the list of concerns for US businesses
The Travelers Companies, Inc. has announced the results of the 2019 Travelers Risk Index, which found that cyber risks are the top concern among US businesses of all sizes for the first time since the survey began in 2014.
Read the article
• US
Confidence in organizational risk management slips
A recent survey for the 2019 Compliance and Procurement Sentiment report from Dun & Bradstreet found that 85 percent of respondents were confident about the effectiveness of risk management within their organization; 8 percent lower than the previous survey.
Read the article
• World
Forrester study highlights ‘a false state of confidence’ when it comes to enterprise cyber security
Panaseer has released the results of a sponsored study conducted by Forrester Consulting which found that the key challenge facing security leaders is misplaced confidence that the abundance of technology investments they have made has strengthened their security posture.
Read the article
• US / UK / Europe
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You have subscribed to this newsletter. To unsubscribe visit:
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Read our privacy policy at https://www.continuitycentral.com/index.php/privacy-and-cookies
This email was from: Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing662.html
Why being proactive is the key to effective cyber security…
Traditional cyber security is based on protecting the organization with barriers and reacting to any breaches that occur. Dean Moulden explains why this is no longer effective: and why taking a proactive, zero trust, approach is now essential.
Read the article
• World
Robot risks: examining the underlying insecurities in the future of robotics
The social influence of robots on people and the insecurities this can bring should not be underestimated. Research conducted by Kaspersky and Ghent University has found that robots can effectively extract sensitive information from people who trust them, by persuading them to take unsafe actions.
Read the article
• World
Why automated network security management matters
A 2019 AlgoSec study found that over 42 percent of organizations had experienced an application or network outage caused by a human error or misconfiguration. Kyle Wickert explains why this figure is so high; and why automation is key to improvement.
Read the article
• World
LATEST NEWS
5G and AI expected to bring heightened cyber security risks: study
An overwhelming majority of cyber security and risk management leaders believe that developments in 5G wireless technology will create cyber security challenges for their organizations.
Read the article
• UK / World
Future business continuity: managing robot availability?
At Mobile World Congress Los Angeles CloudMinds Technology Inc. has given organizations a glimpse of the future, displaying its XR-1 humanoid robot powered by cloud artificial intelligence, commercial Sprint True Mobile 5G and proprietary vision-controlled grasping technology for service robots. The control system leverages human operator input for constant learning.
Read the article
• US / World
88 percent of financial services organizations experienced DNS attacks in the past 12 months: survey
The financial services sector is the most targeted industry, according to the EfficientIP sponsored IDC Infobrief 2019 Global DNS Threat Report, with 88 percent of financial services respondents experiencing under-the-radar DNS attacks in the past year.
Read the article
• World
US-Caribbean Resilience Partnership working group meets for first time
On October 23-24, the inaugural meeting of the US-Caribbean Resilience Partnership working group will take place in Barbados. The meeting will bring together 18 Caribbean countries, the Caribbean Disaster Emergency Management Agency, the Regional Security System, international donors, and non-governmental partners, including universities and the private sector.
Read the article
• Various
Organizations reminded to act soon on Windows 7 and Windows Server 2008 R2 end of support deadline
The Carnegie Mellon University CERT Division has issued a warning to organizations about the January 14th, 2020, deadline when Microsoft ends support for Windows 7 and Windows Server 2008 R2.
Read the article
• US / World
Airport report provides useful lessons on resilience for all organizations
A major study into the resilience of UK airports has found that the agility of airports to adapt to both long-term strategic changes and short-term operational shocks is critical in sustaining their competitive advantage and business prosperity.
Read the article
• UK / World
NIST requests comments on guidance about Resilient Interdomain Traffic Exchange
NIST has released a second public draft of NIST Special Publication (SP) 800-189, Resilient Interdomain Traffic Exchange: BGP Security and DDoS Mitigation. This document provides technical guidance and recommendations for technologies that improve the security and robustness of interdomain traffic exchange.
Read the article
• US / World
Cyber security age-gap research shows importance of considering generational differences in strategies
According to a new report on behaviour and attitudes to cyber security among different age groups, employees over the age of 30 are more likely to adopt cyber security best practice than younger colleagues who have grown up around digital technology.
Read the article
• World
UK government to establish mobile counter-drone unit to protect critical infrastructure
The UK Government has announced plans to develop a new mobile counter-drone unit to be deployed to drone-related incidents and major events across the UK, as part of the government’s ‘Counter-Drone’ strategy.
Read the article
• UK
Canadian cyber security legislation lacking, survey finds
In a survey released recently, Keyfactor, revealed that 87 percent of surveyed cyber security professionals think more privacy and security legislation is required to better protect Canada’s businesses and consumers.
Read the article
• Canada
Only 28 percent of US enterprises say CEO and board approves acceptable level of cyber risk
Ponemon Institute research, evaluating accountability for ensuring the effectiveness and efficiency of security practices, technologies, and controls within enterprises, demonstrates a clear lack of accountability, especially on the board and among C-suite executives.
Read the article
• US
CEO and CISO disconnect puts Australian organizations at risk: Unisys survey
Chief executive officer (CEO) confidence regarding an organization's ability to detect and manage cyber concerns far outstrips that of chief information security officers (CISOs) – a disconnect that puts organizations at risk of cyber attacks, according to research released by Unisys Corporation.
Read the article
• Australia
The cost of ransomware-related downtime has increased more than 200 percent
Datto, Inc., has announced findings from its fourth annual Global State of the Channel Ransomware Report. The survey of more than 1,400 MSP decision makers that manage the IT systems for small-to-medium-sized businesses (SMBs) found that ransomware remains the most common cyber threat to SMBs.
Read the article
• World
NEW PRODUCTS AND SERVICES
New Veritas Flex 5150 appliance will bring enterprise backup to edge, branch and remote offices
Veritas Technologies has announced details of its Veritas Flex 5150 appliance, a complete data protection solution purpose built for the edge of enterprise networks.
Read the article
• World
Groupdolists launches redesigned crisis management platform
Groupdolists has announced the release of Groupdolists 2.0, a significantly simplified user interface and experience. Incident leaders and crisis response teams can now access the new Groupdolists Dashboard during a disruption to instantly understand what’s happening, what tasks need completion, and what activities or information need attention.
Read the article
• US / World
Group Risk and Business Continuity Manager, UK
Director of Business Continuity, US
DR-BCP Plan Execution Lead, US
Senior Business Continuity & Disaster Recovery Analyst, US
Business Continuity Specialist Sr, US
Lead Engineer - Disaster Recovery and Backup, UK
Technical Analyst: Business Continuity and Disaster Recovery, UK
Business Continuity Specialist, UK
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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This newsletter highlights all the feature articles published on Continuity Central during October 2019 as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupnov2019.html
FEATURE ARTICLES
Business continuity trends and challenges 2020
For the past six years Continuity Central has conducted an online survey asking business continuity professionals about their expectations for the year ahead. This survey is being repeated again this year and the survey is now live.
Take part in the survey
• World
Why being proactive is the key to effective cyber security…
Traditional cyber security is based on protecting the organization with barriers and reacting to any breaches that occur. Dean Moulden explains why this is no longer effective: and why taking a proactive, zero trust, approach is now essential.
Read the article
• World
Robot risks: examining the underlying insecurities in the future of robotics
The social influence of robots on people and the insecurities this can bring should not be underestimated. Research conducted by Kaspersky and Ghent University has found that robots can effectively extract sensitive information from people who trust them, by persuading them to take unsafe actions.
Read the article
• World
Why automated network security management matters
A 2019 AlgoSec study found that over 42 percent of organizations had experienced an application or network outage caused by a human error or misconfiguration. Kyle Wickert explains why this figure is so high; and why automation is key to improvement.
Read the article
• World
Six steps to a robust cyber security strategy
This October marks the 16th annual Cybersecurity Awareness Month, and this should serve as a reminder that businesses of all sizes need to implement strong cyber security. Graham Marcroft highlights six areas that combine to help create a holistic cyber security strategy.
Read the article
• UK / World
Seven legal implications UK businesses should be aware of before Brexit
Commercial legal solicitors, Spratt Endicott, has shared a checklist of items that UK business owners should be aware of and putting into action in a bid to place their business in the best possible position ahead of the Brexit deadline…
Read the article
• UK
What a ‘Brexit Operating Regime’ is and how it can help your organization prepare for Brexit
The 31st October potential Brexit deadline is approaching rapidly! In this article Charlie Maclean Bristol explores how the concept of a Brexit Operating Regime can help organizations that may be exposed to Brexit impacts to prepare for them.
Read the article
• UK / Europe
Observability and visibility in cyber security: key reasons they are not the same; and why it matters
In today’s increasingly complex cyber landscape, it is now more important than ever for organizations to be able to analyse contextual data in order to make informed decisions regarding their network security policy.
Read the article
• World
Some thoughts about the BIA debate…
In a response to recent articles about the BIA’s role in business continuity, Dr. David Lindstedt responds, saying that much of the debate is predicated on a misunderstanding and is therefore, naturally, rather unproductive. In this article he seeks to clarify the nature of the debate regarding the value of the business impact analysis (BIA) and proposes new questions for consideration.
Read the article
• World
Making the case for work-area recovery
Work-area recovery (WAR) is sometimes seen as one of yesterday’s business continuity strategies. In this article, Innes le Roux explains why he believes that this is not the case and why you’re not truly resilience without work-area recovery.
Read the article
• Africa / World
The right way to IaaS: achieving secure flexibility and scalability
Infrastructure as a service (IaaS) offerings allow enterprises to focus on business growth, gain flexibility and scalability, as well as achieve significant cost savings. However, IaaS also raises some unique data leakage concerns that must be addressed. Anurag Kahol looks at three cornerstones of security when considering IaaS platforms...
Read the article
• World
Organizations are struggling to predict the impact of threats and vulnerabilities associated with emerging tech
More than half of risk professionals worldwide say that their organization’s risk levels have increased in the past 12 months, according to new research from ISACA, CMMI Institute and Infosecurity Group.
Read the article
• US / World
Study shows the real benefits where companies share cyber security risk management information
Research by the North Carolina State University shows that when one company experiences a cyber security breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cyber security risk management fare significantly better than peers that don't disclose their cyber security efforts.
Read the article
• US / World
Cloud Security Alliance releases anti-DDoS research paper
The Cloud Security Alliance (CSA) has published new research on using a software-defined perimeter (SDP) as a distributed denial-of-service (DDoS) attack prevention mechanism.
Read the article
• US / World
‘Prepare for a new cyber Cold War in 2020’: Check Point
Check Point Software Technologies has published its cyber security predictions for 2020. They highlight the major cyber incidents and technical developments that Check Point’s researchers anticipate will impact our societies and businesses in the coming year...
Read the article
• World
55 percent of enterprises don’t know how Brexit will affect their backup and disaster recovery plans
UK enterprises are increasingly concerned over whether they will be able to transfer data when the UK leaves the European Union – according to research by 4sl.
Read the article
• UK
Mobile malware is a much bigger organizational threat than commonly thought
BlackBerry has released a new report into mobile malware, ‘Mobile Malware and APT Espionage: Prolific, Pervasive, and Cross-Platform’, which examines how advanced persistent threat (APT) groups have been leveraging mobile malware in combination with traditional desktop malware in ongoing surveillance and espionage campaigns.
Read the article
• World
5G and AI expected to bring heightened cyber security risks: study
An overwhelming majority of cyber security and risk management leaders believe that developments in 5G wireless technology will create cyber security challenges for their organizations.
Read the article
• UK / World
88 percent of financial services organizations experienced DNS attacks in the past 12 months: survey
The financial services sector is the most targeted industry, according to the EfficientIP sponsored IDC Infobrief 2019 Global DNS Threat Report, with 88 percent of financial services respondents experiencing under-the-radar DNS attacks in the past year.
Read the article
• World
Airport report provides useful lessons on resilience for all organizations
A major study into the resilience of UK airports has found that the agility of airports to adapt to both long-term strategic changes and short-term operational shocks is critical in sustaining their competitive advantage and business prosperity.
Read the article
• UK / World
NIST requests comments on guidance about Resilient Interdomain Traffic Exchange
NIST has released a second public draft of NIST Special Publication (SP) 800-189, Resilient Interdomain Traffic Exchange: BGP Security and DDoS Mitigation. This document provides technical guidance and recommendations for technologies that improve the security and robustness of interdomain traffic exchange.
Read the article
• US / World
Cyber security age-gap research shows importance of considering generational differences in strategies
According to a new report on behaviour and attitudes to cyber security among different age groups, employees over the age of 30 are more likely to adopt cyber security best practice than younger colleagues who have grown up around digital technology.
Read the article
• World
Only 28 percent of US enterprises say CEO and board approves acceptable level of cyber risk
Ponemon Institute research, evaluating accountability for ensuring the effectiveness and efficiency of security practices, technologies, and controls within enterprises, demonstrates a clear lack of accountability, especially on the board and among C-suite executives.
Read the article
• US
CEO and CISO disconnect puts Australian organizations at risk: Unisys survey
Chief executive officer (CEO) confidence regarding an organization's ability to detect and manage cyber concerns far outstrips that of chief information security officers (CISOs) – a disconnect that puts organizations at risk of cyber attacks, according to research released by Unisys Corporation.
Read the article
• Australia
The cost of ransomware-related downtime has increased more than 200 percent
Datto, Inc., has announced findings from its fourth annual Global State of the Channel Ransomware Report. The survey of more than 1,400 MSP decision makers that manage the IT systems for small-to-medium-sized businesses (SMBs) found that ransomware remains the most common cyber threat to SMBs.
Read the article
• World
Corporate boards ‘significantly overconfident’ when it comes to risks
Board members have greater confidence in their organizations' ability to manage key risks than members of management actually do, according to a survey of board members, executive management, and chief audit executives released by The Institute of Internal Auditors (IIA).
Read the article
• US / World
Employees’ poor password habits remain a key obstacle to business’ security
LastPass by LogMeIn has released the results of its 3rd Annual Global Password Security Report, a study that offers insights into employee password activities as well as emerging trends around identity and access management in businesses worldwide.
Read the article
• World
The costs of major natural disasters are disproportionately increasing
While the economic cost of natural disasters has not increased much on average, averages can be deceptive. The costs of major disasters have increased to a disproportionately larger extent than those of lesser events, and these major disasters have become far more expensive, according to an international team of researchers.
Read the article
• World
Research reveals negligent users as top cyber security threat to German organizations
SolarWinds has released findings of its latest cyber security research which highlights the threats technology professionals face today and those they expect over the next 12 months. The study found that internal factors are the most prominent cyber security threat.
Read the article
• Europe
The industrial cyber threat landscape explored
Kaspersky solutions were triggered on 41.6 percent of industrial control system (ICS) computers in the energy sector globally in the first six months of 2019. This was followed by automotive manufacturing (39.3 percent) and building automation (37.8 percent).
Read the article
• World
Only 12 percent of UK enterprises can detect anomalous activity in their IT networks
ManageEngine has announced the findings of its ‘State of IT in the UK - 2019’ survey, which was conducted on behalf of the company by Vitreous World, an independent research consultancy.
Read the article
• UK
Study looks at the views of risk managers about cyber risk management
Zurich Insurance, in collaboration with Advisen, has released the ninth annual cyber survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. A key finding of the 2019 survey is that business interruptions due to cyber events are a top concern.
Read the article
• World
New findings on the board’s role in effective risk management
The Shared Assessments Program has published ‘The Board’s Role in Realizing Effective Risk Management’ – a new set of findings and recommendations developed with C-level executives and risk experts from a number of organizations.
Read the article
• US / World
Cyber attacks and fiscal crises top list of business risks in 2019: World Economic Forum
Economic issues dominate concerns for business executives around the world, according to the World Economic Forum’s ‘Regional Risks for Doing Business 2019’ report.
Read the article
• World
GAO report highlights increasing cyber security risks facing the US electric grid
The United States’ electric grid is becoming more vulnerable to cyber attacks - particularly those involving industrial control systems that support grid operations; this is one of the key findings of a new GAO report...
Read the article
• US
Cyber threats move to the top of the list of concerns for US businesses
The Travelers Companies, Inc. has announced the results of the 2019 Travelers Risk Index, which found that cyber risks are the top concern among US businesses of all sizes for the first time since the survey began in 2014.
Read the article
• US
Bank of England releases results from financial sector resilience exercise
The Bank of England has published the high level findings of the financial sector cyber simulation exercise that took place last year.
Read the article
• UK
C-suite involvement in business continuity planning is growing in the UK
New research from Databarracks has found that senior leadership (CEO, CFO, MD or FD) are in charge of business continuity plans in 25 percent of UK organizations, up from 21 percent in 2015. IT is in charge of business continuity plans in 42 percent of organizations.
Read the article
• UK
Confidence in organizational risk management slips
A recent survey for the 2019 Compliance and Procurement Sentiment report from Dun & Bradstreet found that 85 percent of respondents were confident about the effectiveness of risk management within their organization; 8 percent lower than the previous survey.
Read the article
• World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
You have subscribed to this newsletter. To unsubscribe visit:
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This email was from:
Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing663.html
Business continuity trends and challenges 2020
For the past six years Continuity Central has conducted an online survey asking business continuity professionals about their expectations for the year ahead. This survey is being repeated again this year and the survey is now live.
Take part in the survey
• World
Using a structured exercise programme to verify business continuity strategies
Most organizations understand the requirement to exercise business continuity strategies, but fewer appreciate that a structured programme of different exercise types is a good verification practice. Charlie Maclean Bristol, FBCI, FEPS, explains…
Read the article
• UK / World
How many of these ten security cyber mistakes is your organization making?
Andy Pearch, Head of IA Services, CORVID, reflects on ten common mistakes that organizations make when it comes to cyber security. How many do you recognise and what can your organization do to improve?
Read the article
• UK / World
Ransomware: how hyperconverged systems can help reduce the attack surface
Ransomware has never been far from the headlines during 2019, and the threat is unlikely to reduce in 2020. Alan Conboy explains how hyperconverged systems can assist in the fight against ransomware by helping reduce the attack surface.
Read the article
• World
LATEST NEWS
The winners of the BCI Global Awards 2019
The Business Continuity Institute has presented its annual BCI Global Awards. The Awards ‘give international recognition for hard-earned achievements’ and ‘are considered a great accolade within the business continuity profession’ says the BCI.
Read the article
• World
Geopolitical Risk Report shows that BCM is the main mitigation measure for geopolitical risks
PANTA RAY, in collaboration with Commercial Risk, has published its Geopolitical Risk Report 2019. Sponsored by Liberty Specialty Markets, the survey-based report examines which are the most disruptive as well as the most frequent geopolitical incidents experienced by organizations and deals with the most effective risk assessment methods and mitigation measures.
Read the article
• Europe / UK
New study looks at how to manage a reputation-threatening brand crisis
Crisp’s 2019 Crisis Impact Report explores the increasing weaponization of communications on social media, and the damage to brand value it causes in the wake of a crisis.
Read the article
• US / UK
Survey shows that many UK businesses are unaware and unprepared when it comes to protecting themselves against cyber attacks
A survey of 1,032 IT workers in full or part-time employment, carried out by technology services provider Probrand, has found that more than one in five (21 percent) don’t actually know what a ‘cyber-attack’ constitutes.
Read the article
• UK
AI use expected to increase in risk and compliance efforts
Nearly half (48.5 percent) of C-suite and other executives at organizations that use artificial intelligence (AI) expect to increase AI use for risk management and compliance efforts in the year ahead, according to a recent Deloitte poll.
Read the article
• US / World
GDPR is transforming data security in Europe, but UK lags behind: survey
New research commissioned by Check Point shows that GDPR is delivering a strong positive effect overall for European businesses – but with some significant variations between countries in terms of adopting GDPR measures.
Read the article
• UK / Europe
Revised version of ISO 22301 business continuity standard now available
ISO 22301 is the international standard for business continuity management systems. It has been undergoing a revision and the new version is now available.
Read the article
• World
Organizations are struggling to predict the impact of threats and vulnerabilities associated with emerging tech
More than half of risk professionals worldwide say that their organization’s risk levels have increased in the past 12 months, according to new research from ISACA, CMMI Institute and Infosecurity Group.
Read the article
• US / World
Study shows the real benefits where companies share cyber security risk management information
Research by the North Carolina State University shows that when one company experiences a cyber security breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cyber security risk management fare significantly better than peers that don't disclose their cyber security efforts.
Read the article
• US / World
Cloud Security Alliance releases anti-DDoS research paper
The Cloud Security Alliance (CSA) has published new research on using a software-defined perimeter (SDP) as a distributed denial-of-service (DDoS) attack prevention mechanism.
Read the article
• US / World
‘Prepare for a new cyber Cold War in 2020’: Check Point
Check Point Software Technologies has published its cyber security predictions for 2020. They highlight the major cyber incidents and technical developments that Check Point’s researchers anticipate will impact our societies and businesses in the coming year...
Read the article
• World
55 percent of enterprises don’t know how Brexit will affect their backup and disaster recovery plans
UK enterprises are increasingly concerned over whether they will be able to transfer data when the UK leaves the European Union – according to research by 4sl.
Read the article
• UK
Mobile malware is a much bigger organizational threat than commonly thought
BlackBerry has released a new report into mobile malware, ‘Mobile Malware and APT Espionage: Prolific, Pervasive, and Cross-Platform’, which examines how advanced persistent threat (APT) groups have been leveraging mobile malware in combination with traditional desktop malware in ongoing surveillance and espionage campaigns.
Read the article
• World
COMPANIES AND MARKETS
EnsureDR raises $2.5m in Series A financing round to accelerate growth
Disaster recovery readiness platform, EnsureDR, has raised $2.5m in a Series A financing round led by Awz Ventures, a Canadian venture fund focused on cutting-edge cyber and intelligence technologies. Awz is led by Founder & Managing Partner, Yaron Ashkenazi, and Advisory Committee President, the Rt. Hon. Stephen J. Harper, Canada's 22nd Prime Minister.
Read the article
• World
Disaster Recovery Coordinator, Australia
Business Continuity Coordinator, US
Head of Business Continuity, UK
Business Continuity Manager, UK
Director, Business Continuity & Incident Management, US
Consultant, Flexible location
Senior Advisor, Business Continuity & Emergency Preparedness, Canada
Disaster Recovery/Business Continuity Specialist, US
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
You have subscribed to this newsletter. To unsubscribe visit:
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This email was from:
Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your monthly update of ICT continuity news and information
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/itcnewsnov2019.html
It’s time for a paradigm shift in the way we view cyber security…
Effective cybersecurity begins in the boardroom: organizations need to adopt a top-down approach to cyber security if they are to successfully navigate today’s hostile digital landscape says Paul Rose.
Read the article
• UK / World
Predictions for 2020: how data centres will develop and trends to be aware of
Jackson Lee, Vice President of Corporate Development, at Colt Data Centre Services, looks ahead to 2020 and the technology, market, and regulatory trends that will impact data centres / centers around the world.
Read the article
• UK / World
How many of these ten security cyber mistakes is your organization making?
Andy Pearch, Head of IA Services, CORVID, reflects on ten common mistakes that organizations make when it comes to cyber security. How many do you recognise and what can your organization do to improve?
Read the article
• UK / World
Ransomware: how hyperconverged systems can help reduce the attack surface
Ransomware has never been far from the headlines during 2019, and the threat is unlikely to reduce in 2020. Alan Conboy explains how hyperconverged systems can assist in the fight against ransomware by helping reduce the attack surface.
Read the article
• World
Why being proactive is the key to effective cyber security…
Traditional cyber security is based on protecting the organization with barriers and reacting to any breaches that occur. Dean Moulden explains why this is no longer effective: and why taking a proactive, zero trust, approach is now essential.
Read the article
• World
Robot risks: examining the underlying insecurities in the future of robotics
The social influence of robots on people and the insecurities this can bring should not be underestimated. Research conducted by Kaspersky and Ghent University has found that robots can effectively extract sensitive information from people who trust them, by persuading them to take unsafe actions.
Read the article
• World
Why automated network security management matters
A 2019 AlgoSec study found that over 42 percent of organizations had experienced an application or network outage caused by a human error or misconfiguration. Kyle Wickert explains why this figure is so high; and why automation is key to improvement.
Read the article
• World
Six steps to a robust cyber security strategy
This October marks the 16th annual Cybersecurity Awareness Month, and this should serve as a reminder that businesses of all sizes need to implement strong cyber security. Graham Marcroft highlights six areas that combine to help create a holistic cyber security strategy.
Read the article
• UK / World
Observability and visibility in cyber security: key reasons they are not the same; and why it matters
In today’s increasingly complex cyber landscape, it is now more important than ever for organizations to be able to analyse contextual data in order to make informed decisions regarding their network security policy.
Read the article
• World
Making the case for work-area recovery
Work-area recovery (WAR) is sometimes seen as one of yesterday’s business continuity strategies. In this article, Innes le Roux explains why he believes that this is not the case and why you’re not truly resilience without work-area recovery.
Read the article
• Africa / World
The right way to IaaS: achieving secure flexibility and scalability
Infrastructure as a service (IaaS) offerings allow enterprises to focus on business growth, gain flexibility and scalability, as well as achieve significant cost savings. However, IaaS also raises some unique data leakage concerns that must be addressed. Anurag Kahol looks at three cornerstones of security when considering IaaS platforms...
Read the article
• World
Cloud services backup: survey finds major gap between perceptions and realities
UK enterprises are placing themselves at serious risk by misunderstanding their cloud service providers’ backup provisions, according to research for 4sl. In the Vanson Bourne survey of 200 large UK enterprises, the majority of senior IT decision makers believe that their cloud service providers retain backup data for much longer than they actually do.
Read the article
• UK / World
NTT predicts that security orchestration, automation and response will gain traction in 2020
Security orchestration, automation and response (SOAR) will ‘rocket’ to address cyber attacks happening at machine speed says ‘The Future Disrupted: 2020 Technology Trends’, a new report from NTT.
Read the article
• World
Study finds that many organizations will miss the Windows 7 end-of-life deadline
Ivanti has published survey results that capture the pain points and priorities of IT professionals when faced with migrating user devices to Windows 10. 59 percent of IT professionals report that they still haven’t migrated all their users to Windows 10, despite the imminent end of regular support for Windows 7 on January 14th, 2020.
Read the article
• World
Senior security professionals are pessimistic about cyber incident response
Nominet has announced the findings of its Cyber Confidence Report, which analysed almost 300 senior security practitioners in the UK and US. The report finds that many respondents are not confident in their organization’s cyber resilience and its ability to recover from an incident.
Read the article
• US / UK
Research reveals the majority of organizations believe cyber threats will increase in 2020
FireEye, Inc., has released its inaugural FireEye Cyber Trendscape Report. FireEye surveyed over 800 CISOs and other senior executives across North America, Europe, and Asia to uncover attitudes towards some of cyber security’s most prevalent topics.
Read the article
• UK / Europe
Survey shows that many UK businesses are unaware and unprepared when it comes to protecting themselves against cyber attacks
A survey of 1,032 IT workers in full or part-time employment, carried out by technology services provider Probrand, has found that more than one in five (21 percent) don’t actually know what a ‘cyber-attack’ constitutes.
Read the article
• UK
AI use expected to increase in risk and compliance efforts
Nearly half (48.5 percent) of C-suite and other executives at organizations that use artificial intelligence (AI) expect to increase AI use for risk management and compliance efforts in the year ahead, according to a recent Deloitte poll.
Read the article
• US / World
GDPR is transforming data security in Europe, but UK lags behind: survey
New research commissioned by Check Point shows that GDPR is delivering a strong positive effect overall for European businesses – but with some significant variations between countries in terms of adopting GDPR measures.
Read the article
• UK / Europe
Organizations are struggling to predict the impact of threats and vulnerabilities associated with emerging tech
More than half of risk professionals worldwide say that their organization’s risk levels have increased in the past 12 months, according to new research from ISACA, CMMI Institute and Infosecurity Group.
Read the article
• US / World
Study shows the real benefits where companies share cyber security risk management information
Research by the North Carolina State University shows that when one company experiences a cyber security breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cyber security risk management fare significantly better than peers that don't disclose their cyber security efforts.
Read the article
• US / World
Cloud Security Alliance releases anti-DDoS research paper
The Cloud Security Alliance (CSA) has published new research on using a software-defined perimeter (SDP) as a distributed denial-of-service (DDoS) attack prevention mechanism.
Read the article
• US / World
‘Prepare for a new cyber Cold War in 2020’: Check Point
Check Point Software Technologies has published its cyber security predictions for 2020. They highlight the major cyber incidents and technical developments that Check Point’s researchers anticipate will impact our societies and businesses in the coming year...
Read the article
• World
55 percent of enterprises don’t know how Brexit will affect their backup and disaster recovery plans
UK enterprises are increasingly concerned over whether they will be able to transfer data when the UK leaves the European Union – according to research by 4sl.
Read the article
• UK
Mobile malware is a much bigger organizational threat than commonly thought
BlackBerry has released a new report into mobile malware, ‘Mobile Malware and APT Espionage: Prolific, Pervasive, and Cross-Platform’, which examines how advanced persistent threat (APT) groups have been leveraging mobile malware in combination with traditional desktop malware in ongoing surveillance and espionage campaigns.
Read the article
• World
5G and AI expected to bring heightened cyber security risks: study
An overwhelming majority of cyber security and risk management leaders believe that developments in 5G wireless technology will create cyber security challenges for their organizations.
Read the article
• UK / World
Future business continuity: managing robot availability?
At Mobile World Congress Los Angeles CloudMinds Technology Inc. has given organizations a glimpse of the future, displaying its XR-1 humanoid robot powered by cloud artificial intelligence, commercial Sprint True Mobile 5G and proprietary vision-controlled grasping technology for service robots. The control system leverages human operator input for constant learning.
Read the article
• US / World
88 percent of financial services organizations experienced DNS attacks in the past 12 months: survey
The financial services sector is the most targeted industry, according to the EfficientIP sponsored IDC Infobrief 2019 Global DNS Threat Report, with 88 percent of financial services respondents experiencing under-the-radar DNS attacks in the past year.
Read the article
• World
Organizations reminded to act soon on Windows 7 and Windows Server 2008 R2 end of support deadline
The Carnegie Mellon University CERT Division has issued a warning to organizations about the January 14th, 2020, deadline when Microsoft ends support for Windows 7 and Windows Server 2008 R2.
Read the article
• US / World
Cyber security age-gap research shows importance of considering generational differences in strategies
According to a new report on behaviour and attitudes to cyber security among different age groups, employees over the age of 30 are more likely to adopt cyber security best practice than younger colleagues who have grown up around digital technology.
Read the article
• World
Only 28 percent of US enterprises say CEO and board approves acceptable level of cyber risk
Ponemon Institute research, evaluating accountability for ensuring the effectiveness and efficiency of security practices, technologies, and controls within enterprises, demonstrates a clear lack of accountability, especially on the board and among C-suite executives.
Read the article
• US
CEO and CISO disconnect puts Australian organizations at risk: Unisys survey
Chief executive officer (CEO) confidence regarding an organization's ability to detect and manage cyber concerns far outstrips that of chief information security officers (CISOs) – a disconnect that puts organizations at risk of cyber attacks, according to research released by Unisys Corporation.
Read the article
• Australia
The cost of ransomware-related downtime has increased more than 200 percent
Datto, Inc., has announced findings from its fourth annual Global State of the Channel Ransomware Report. The survey of more than 1,400 MSP decision makers that manage the IT systems for small-to-medium-sized businesses (SMBs) found that ransomware remains the most common cyber threat to SMBs.
Read the article
• World
Employees’ poor password habits remain a key obstacle to business’ security
LastPass by LogMeIn has released the results of its 3rd Annual Global Password Security Report, a study that offers insights into employee password activities as well as emerging trends around identity and access management in businesses worldwide.
Read the article
• World
Research reveals negligent users as top cyber security threat to German organizations
SolarWinds has released findings of its latest cyber security research which highlights the threats technology professionals face today and those they expect over the next 12 months. The study found that internal factors are the most prominent cyber security threat.
Read the article
• Europe
The industrial cyber threat landscape explored
Kaspersky solutions were triggered on 41.6 percent of industrial control system (ICS) computers in the energy sector globally in the first six months of 2019. This was followed by automotive manufacturing (39.3 percent) and building automation (37.8 percent).
Read the article
• World
Only 12 percent of UK enterprises can detect anomalous activity in their IT networks
ManageEngine has announced the findings of its ‘State of IT in the UK - 2019’ survey, which was conducted on behalf of the company by Vitreous World, an independent research consultancy.
Read the article
• UK
Study looks at the views of risk managers about cyber risk management
Zurich Insurance, in collaboration with Advisen, has released the ninth annual cyber survey of corporate risk managers and insurance buyers revealing current views about information security and cyber risk management. A key finding of the 2019 survey is that business interruptions due to cyber events are a top concern.
Read the article
• World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing664.html
Protests and demonstrations: keeping your colleagues safe
Protests and demonstrations have never been far from the headlines during 2019. In response, have you provided employees with guidance on what they should do if they get caught up in a protest that has turned violent? Steve Dance offers some pointers…
Read the article
• World
Ransomware in 2020: how the threat is likely to develop
Cybercriminals are looking for new revenue streams from ransomware. Simon Jelley explores how this requirement is likely to drive the evolution of ransomware in the year ahead and looks at the changes that organizations need to make in response.
Read the article
• World
It’s time for a paradigm shift in the way we view cyber security…
Effective cybersecurity begins in the boardroom: organizations need to adopt a top-down approach to cyber security if they are to successfully navigate today’s hostile digital landscape says Paul Rose.
Read the article
• UK / World
Predictions for 2020: how data centres will develop and trends to be aware of
Jackson Lee, Vice President of Corporate Development, at Colt Data Centre Services, looks ahead to 2020 and the technology, market, and regulatory trends that will impact data centres / centers around the world.
Read the article
• UK / World
LATEST NEWS
Advanced persistent threats: big data abuse and more sophisticated attacks are coming in 2020
Kaspersky researchers have shared their vision on advanced persistent threats (APTs) in 2020, pointing out how the landscape of targeted attacks will change in the coming months.
Read the article
• World
British Red Cross calls for 'urgent review' of the UK Civil Contingencies Act
In a new report 'People power in emergencies: An assessment of voluntary and community sector engagement and human-centred approaches to emergency planning', the British Red Cross looks at community resilience and calls for 'urgent review' of the UK Civil Contingencies Act.
Read the article
• UK
DDoS attacks up 241 percent in Q3 2019 compared to same period last year
The growth in both large- and small-scale distributed denial-of-service attacks continues its upward trajectory, according to a new report released by Neustar’s Security Operations Center (SOC).
Read the article
• World
FFIEC revises Business Continuity Management Booklet to focus more on resilience
The US Federal Financial Institutions Examination Council (FFIEC) has updated its Business Continuity Management Booklet to bring it in-line with the increased industry focus on resilience.
Read the article
• US
Organizations must review outsourcing arrangements to mitigate geopolitical risk: Gartner
Geopolitical instability is forcing changes in the way that sourcing, procurement and vendor management executives review their options to mitigate risk, according to Gartner, Inc.
Read the article
• World
Heightened security threats, civil unrest and geopolitical instability to be top disruptors to the mobile workforce in 2020
International SOS has published its 2020 risks forecast and the results from the ‘Business Resilience Trend Watch’, a survey of over 1,300 business travel decision-makers run in partnership with Ipsos MORI.
Read the article
• World
Canadian IIROC-regulated investment firms are now required to report cyber security incidents
The Investment Industry Regulatory Organization of Canada (IIROC) has published amendments to its Rule Book, requiring mandatory reporting of cyber security incidents by all IIROC-regulated firms.
Read the article
• Canada
Cloud services backup: survey finds major gap between perceptions and realities
UK enterprises are placing themselves at serious risk by misunderstanding their cloud service providers’ backup provisions, according to research for 4sl. In the Vanson Bourne survey of 200 large UK enterprises, the majority of senior IT decision makers believe that their cloud service providers retain backup data for much longer than they actually do.
Read the article
• UK / World
The BCI publishes details of its 2020 business continuity and resilience awards programme
The Business Continuity Institute has published details of the dates and locations for the 2020 BCI Awards. The programme consists of six regional BCI Awards events, culminating in the Global Awards in November.
Read the article
• World
Critical equipment failure is a top threat for many large companies; and the risk seems to be increasing
The threat of critical equipment failure is a major concern for 94 percent of Fortune 500-size companies. That’s according to a new survey of 200 business leaders with company-wide responsibility for overseeing equipment operations or equipment risk.
Read the article
• World
NTT predicts that security orchestration, automation and response will gain traction in 2020
Security orchestration, automation and response (SOAR) will ‘rocket’ to address cyber attacks happening at machine speed says ‘The Future Disrupted: 2020 Technology Trends’, a new report from NTT.
Read the article
• World
Study finds that many organizations will miss the Windows 7 end-of-life deadline
Ivanti has published survey results that capture the pain points and priorities of IT professionals when faced with migrating user devices to Windows 10. 59 percent of IT professionals report that they still haven’t migrated all their users to Windows 10, despite the imminent end of regular support for Windows 7 on January 14th, 2020.
Read the article
• World
Pool Re publishes UK Terrorism Threat and Mitigation Report 2019
Pool Re has releases a new report which reviews the UK’s terrorism threat landscape and shares detailed findings on trends in targeting and tactics.
Read the article
• UK
Senior security professionals are pessimistic about cyber incident response
Nominet has announced the findings of its Cyber Confidence Report, which analysed almost 300 senior security practitioners in the UK and US. The report finds that many respondents are not confident in their organization’s cyber resilience and its ability to recover from an incident.
Read the article
• US / UK
22nd Annual Business Continuity Awards open for entries
CIR magazine’s annual Business Continuity Awards are now open for entries. The awards will be presented at a ceremony on 4th June 2020, at the London Marriott Hotel.
Read the article
• UK
Research reveals the majority of organizations believe cyber threats will increase in 2020
FireEye, Inc., has released its inaugural FireEye Cyber Trendscape Report. FireEye surveyed over 800 CISOs and other senior executives across North America, Europe, and Asia to uncover attitudes towards some of cyber security’s most prevalent topics.
Read the article
• UK / Europe
New research project launched to focus on emergency natural disaster response problems
A new research project aims to tackle problems and improve natural disaster emergency preparedness and response in countries badly affected by earthquakes, flooding, volcanic eruptions and tsunamis.
Read the article
• Various
COMPANIES AND MARKETS
The Chertoff Group and Dragos form strategic partnership to help industrial organizations improve risk mitigation, threat detection and incident response
The Chertoff Group and Dragos, Inc. have announced the formation of an alliance that will provide a holistic approach to cybersecurity risk management for industrial organizations seeking to protect critical infrastructure environments.
Read the article
• US / World
ServiceNow announces agreement to acquire Fairchild Resiliency Systems
ServiceNow has announced that it has signed an agreement to acquire Fairchild Resiliency Systems, a business continuity software provider headquartered in Boston, US.
Read the article
• US / World
PRODUCTS AND SERVICES
New Kaspersky Sandbox automates protection from advanced threats
Kaspersky has launched its new Kaspersky Sandbox, built to help organizations combat advanced threats designed to evade detection by endpoint protection platforms (EPP).
Read the article
• World
Zerto expands IT resilience platform capabilities with Microsoft Azure integration
Zerto has introduced Zerto 7.5, which now incorporates Azure Managed Disks, native scale-out, mobility between regions and managed service identities.
Read the article
• US / World
Crisis and Business Continuity Manager, Australia
Business Continuity Engagement Manager, US
Sourcing Manager, Business Continuity Management, US
Disaster Recovery Consultant, US
Business Continuity Analyst, UK
Business Continuity Manager, UK
Specialist - Security, Risk and Business Continuity Planning, New Zealand
Senior Business Continuity Analyst, Malaysia / India
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
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Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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|
This newsletter highlights all the feature articles published on Continuity Central during November 2019 as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupdec2019.html
FEATURE ARTICLES
Embedding resilience into your cloud-based modernisation strategy
As part of strategies to transform and modernise organizations are increasingly adopting cloud-first strategies. This provides an ideal opportunity to embed resilience. In this article John Young looks at the requirement to make three core components of modernisation more resilient: people, applications and IT.
Read the article
• UK / World
A review of the business resilience issues facing the food sector in 2020
The past year has seen a range of issues coming to the fore that have had a significant impact on business resilience and continuity in the food sector. Three in particular stand out and will continue to have a major impact throughout 2020, namely food allergies; food fraud; and climate change. Victoria Cross provides an overview…
Read the article
• UK / World
Protests and demonstrations: keeping your colleagues safe
Protests and demonstrations have never been far from the headlines during 2019. In response, have you provided employees with guidance on what they should do if they get caught up in a protest that has turned violent? Steve Dance offers some pointers…
Read the article
• World
Ransomware in 2020: how the threat is likely to develop
Cybercriminals are looking for new revenue streams from ransomware. Simon Jelley explores how this requirement is likely to drive the evolution of ransomware in the year ahead and looks at the changes that organizations need to make in response.
Read the article
• World
It’s time for a paradigm shift in the way we view cyber security…
Effective cybersecurity begins in the boardroom: organizations need to adopt a top-down approach to cyber security if they are to successfully navigate today’s hostile digital landscape says Paul Rose.
Read the article
• UK / World
Predictions for 2020: how data centres will develop and trends to be aware of
Jackson Lee, Vice President of Corporate Development, at Colt Data Centre Services, looks ahead to 2020 and the technology, market, and regulatory trends that will impact data centres / centers around the world.
Read the article
• UK / World
Business continuity trends and challenges 2020
For the past six years Continuity Central has conducted an online survey asking business continuity professionals about their expectations for the year ahead. This survey is being repeated again this year and the survey is now live.
Take part in the survey
• World
Using a structured exercise programme to verify business continuity strategies
Most organizations understand the requirement to exercise business continuity strategies, but fewer appreciate that a structured programme of different exercise types is a good verification practice. Charlie Maclean Bristol, FBCI, FEPS, explains…
Read the article
• UK / World
How many of these ten security cyber mistakes is your organization making?
Andy Pearch, Head of IA Services, CORVID, reflects on ten common mistakes that organizations make when it comes to cyber security. How many do you recognise and what can your organization do to improve?
Read the article
• UK / World
Ransomware: how hyperconverged systems can help reduce the attack surface
Ransomware has never been far from the headlines during 2019, and the threat is unlikely to reduce in 2020. Alan Conboy explains how hyperconverged systems can assist in the fight against ransomware by helping reduce the attack surface.
Read the article
• World
BSI publishes third Organizational Resilience Index: confidence in resilience dips
Business leaders’ confidence in the resilience of their organizations has faltered for the first time since 2017, according to the third annual Organizational Resilience Index report, published by BSI, which surveys 800 senior leaders across the globe.
Read the article
• World
Significant gaps in third-party user access management practices are exposing organizations to cyber security risks
One Identity has released new global research revealing that many organizations fall short of effectively managing access for third-party users, exposing them to significant vulnerabilities, breaches and other security risks.
Read the article
• World
Enterprise Risk Management 2019: The New Wave of Risks
Released recently, ‘Enterprise Risk Management 2019: The New Wave of Risks’ is a collection of articles and interviews by the Canadian Institute of Actuaries (CIA) which explores the new and emerging topics taking centre stage in the world of risk management.
Read the article
• Canada / World
The seven sins of crisis communications
RiskLogic has published a new ‘survival guide’ which identifies the most common crisis communications mistakes and provides solutions. ‘The seven sins of crisis communications’ shows the critical gap between business as usual communications and effective crisis communications.
Read the article
• Australia
Cyber attacks and extreme weather are the top risks for Indian companies
For the second year running, large scale cyber attacks have emerged as the top risk for corporations across India, according to a joint study conducted by Marsh and RIMS.
Read the article
• India
Companies struggling to protect multi-cloud compute infrastructures: survey
The majority of enterprises worldwide have adopted multi-cloud strategies to keep pace with the need for digital transformation and IT efficiency, but they face significant challenges...
Read the article
• World
ENISA publishes assessment of 5G networks threats
ENISA, the European Union Agency for Cybersecurity, has released a new document, ‘Threat Landscape for 5G Networks’, which assesses the threats related to the fifth generation of mobile telecommunications networks.
Read the article
• Europe / World
Less than half of businesses are prepared to comply with the California Consumer Protection Act
Egress has published the results of a survey, conducted by Osterman Research, Inc., which looks at the current state of security team preparedness and critical gaps in compliance with the California Consumer Protection Act (CCPA) before it comes into effect on 1st January 2020.
Read the article
• US
Building resilience for intentional, unintentional, and natural events
A new academic paper, ‘Building Resilience: Preventing, Preparing For, and Responding to Intentional, Unintentional, and Natural Events’, has been published in Homeland Security and Public Safety: Research, Applications and Standards.
Read the article
• World
Advanced persistent threats: big data abuse and more sophisticated attacks are coming in 2020
Kaspersky researchers have shared their vision on advanced persistent threats (APTs) in 2020, pointing out how the landscape of targeted attacks will change in the coming months.
Read the article
• World
DDoS attacks up 241 percent in Q3 2019 compared to same period last year
The growth in both large- and small-scale distributed denial-of-service attacks continues its upward trajectory, according to a new report released by Neustar’s Security Operations Center (SOC).
Read the article
• World
FFIEC revises Business Continuity Management Booklet to focus more on resilience
The US Federal Financial Institutions Examination Council (FFIEC) has updated its Business Continuity Management Booklet to bring it in-line with the increased industry focus on resilience.
Read the article
• US
Organizations must review outsourcing arrangements to mitigate geopolitical risk: Gartner
Geopolitical instability is forcing changes in the way that sourcing, procurement and vendor management executives review their options to mitigate risk, according to Gartner, Inc.
Read the article
• World
Heightened security threats, civil unrest and geopolitical instability to be top disruptors to the mobile workforce in 2020
International SOS has published its 2020 risks forecast and the results from the ‘Business Resilience Trend Watch’, a survey of over 1,300 business travel decision-makers run in partnership with Ipsos MORI.
Read the article
• World
Cloud services backup: survey finds major gap between perceptions and realities
UK enterprises are placing themselves at serious risk by misunderstanding their cloud service providers’ backup provisions, according to research for 4sl. In the Vanson Bourne survey of 200 large UK enterprises, the majority of senior IT decision makers believe that their cloud service providers retain backup data for much longer than they actually do.
Read the article
• UK / World
Critical equipment failure is a top threat for many large companies; and the risk seems to be increasing
The threat of critical equipment failure is a major concern for 94 percent of Fortune 500-size companies. That’s according to a new survey of 200 business leaders with company-wide responsibility for overseeing equipment operations or equipment risk.
Read the article
• World
NTT predicts that security orchestration, automation and response will gain traction in 2020
Security orchestration, automation and response (SOAR) will ‘rocket’ to address cyber attacks happening at machine speed says ‘The Future Disrupted: 2020 Technology Trends’, a new report from NTT.
Read the article
• World
Study finds that many organizations will miss the Windows 7 end-of-life deadline
Ivanti has published survey results that capture the pain points and priorities of IT professionals when faced with migrating user devices to Windows 10. 59 percent of IT professionals report that they still haven’t migrated all their users to Windows 10, despite the imminent end of regular support for Windows 7 on January 14th, 2020.
Read the article
• World
Pool Re publishes UK Terrorism Threat and Mitigation Report 2019
Pool Re has releases a new report which reviews the UK’s terrorism threat landscape and shares detailed findings on trends in targeting and tactics.
Read the article
• UK
Senior security professionals are pessimistic about cyber incident response
Nominet has announced the findings of its Cyber Confidence Report, which analysed almost 300 senior security practitioners in the UK and US. The report finds that many respondents are not confident in their organization’s cyber resilience and its ability to recover from an incident.
Read the article
• US / UK
Research reveals the majority of organizations believe cyber threats will increase in 2020
FireEye, Inc., has released its inaugural FireEye Cyber Trendscape Report. FireEye surveyed over 800 CISOs and other senior executives across North America, Europe, and Asia to uncover attitudes towards some of cyber security’s most prevalent topics.
Read the article
• UK / Europe
New research project launched to focus on emergency natural disaster response problems
A new research project aims to tackle problems and improve natural disaster emergency preparedness and response in countries badly affected by earthquakes, flooding, volcanic eruptions and tsunamis.
Read the article
• Various
Geopolitical Risk Report shows that BCM is the main mitigation measure for geopolitical risks
PANTA RAY, in collaboration with Commercial Risk, has published its Geopolitical Risk Report 2019. Sponsored by Liberty Specialty Markets, the survey-based report examines which are the most disruptive as well as the most frequent geopolitical incidents experienced by organizations and deals with the most effective risk assessment methods and mitigation measures.
Read the article
• Europe / UK
New study looks at how to manage a reputation-threatening brand crisis
Crisp’s 2019 Crisis Impact Report explores the increasing weaponization of communications on social media, and the damage to brand value it causes in the wake of a crisis.
Read the article
• US / UK
Survey shows that many UK businesses are unaware and unprepared when it comes to protecting themselves against cyber attacks
A survey of 1,032 IT workers in full or part-time employment, carried out by technology services provider Probrand, has found that more than one in five (21 percent) don’t actually know what a ‘cyber-attack’ constitutes.
Read the article
• UK
AI use expected to increase in risk and compliance efforts
Nearly half (48.5 percent) of C-suite and other executives at organizations that use artificial intelligence (AI) expect to increase AI use for risk management and compliance efforts in the year ahead, according to a recent Deloitte poll.
Read the article
• US / World
GDPR is transforming data security in Europe, but UK lags behind: survey
New research commissioned by Check Point shows that GDPR is delivering a strong positive effect overall for European businesses – but with some significant variations between countries in terms of adopting GDPR measures.
Read the article
• UK / Europe
Revised version of ISO 22301 business continuity standard now available
ISO 22301 is the international standard for business continuity management systems. It has been undergoing a revision and the new version is now available.
Read the article
• World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
You have subscribed to this newsletter. To unsubscribe visit:
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This email was from:
Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing665.html
Why we all breathe a sigh of relief when things go wrong for others…
Jon Seaton reflects on his career in business continuity to date and offers seven crisis management lessons which business continuity managers can relate to their organization and role
.
Read
the article
• UK / World
Embedding resilience into your cloud-based modernisation strategy
As part of strategies to transform and modernise organizations are increasingly adopting cloud-first strategies. This provides an ideal opportunity to embed resilience. In this article John Young looks at the requirement to make three core components of modernisation more resilient: people, applications and IT.
Read
the article
• UK / World
A review of the business resilience issues facing the food sector in 2020
The past year has seen a range of issues coming to the fore that have had a significant impact on business resilience and continuity in the food sector. Three in particular stand out and will continue to have a major impact throughout 2020, namely food allergies; food fraud; and climate change. Victoria Cross provides an overview…
Read
the article
• UK / World
Key focus areas for risk and operational resilience in the UK banking and financial services sector in 2020
Henry Umney, CEO of ClusterSeven, offers his views on the regulatory, business and risk management trends in the UK banking and financial services industry for 2020…
Read
the article
• UK
LATEST NEWS
NIST publishes a guide to developing cyber resilience
NIST has announced the release of NIST Special Publication (SP) 800-160 Volume 2, Developing Cyber Resilient Systems: A Systems Engineering Approach, which is the first in a series of specialty publications developed to support NIST SP 800-160 Volume 1.
Read
the article
• US / World
A quarter of UK smaller businesses don’t have an IT disaster recovery plan in place
UK businesses are gambling with the continuity of their business, as new research reveals that a quarter of small and medium sized companies do not have any form of disaster recovery plan in place to protect them.
Read
the article
• UK
Cyber attacks are becoming increasingly targeted in nature
Positive Technologies has released its cyber security ‘threatscape’ findings for the third quarter of 2019. The main trends highlighted in the report include an increase in the number of unique cyber incidents, a large amount of activity by APT groups engaged in targeted attacks, and a two-to-one greater incidence of data theft in comparison to direct financial gain as an attack motive.
Read
the article
• World
BSI publishes third Organizational Resilience Index: confidence in resilience dips
Business leaders’ confidence in the resilience of their organizations has faltered for the first time since 2017, according to the third annual Organizational Resilience Index report, published by BSI, which surveys 800 senior leaders across the globe.
Read
the article
• World
Significant gaps in third-party user access management practices are exposing organizations to cyber security risks
One Identity has released new global research revealing that many organizations fall short of effectively managing access for third-party users, exposing them to significant vulnerabilities, breaches and other security risks.
Read
the article
• World
Enterprise Risk Management 2019: The New Wave of Risks
Released recently, ‘Enterprise Risk Management 2019: The New Wave of Risks’ is a collection of articles and interviews by the Canadian Institute of Actuaries (CIA) which explores the new and emerging topics taking centre stage in the world of risk management.
Read
the article
• Canada / World
The seven sins of crisis communications
RiskLogic has published a new ‘survival guide’ which identifies the most common crisis communications mistakes and provides solutions. ‘The seven sins of crisis communications’ shows the critical gap between business as usual communications and effective crisis communications.
Read
the article
• Australia
Cyber attacks and extreme weather are the top risks for Indian companies
For the second year running, large scale cyber attacks have emerged as the top risk for corporations across India, according to a joint study conducted by Marsh and RIMS.
Read
the article
• India
Singapore’s financial sector conducts two-day cyber-themed business continuity exercise
The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) recently conducted a cyber-themed business continuity exercise to strengthen the financial sector’s resilience to cyber attacks and operational disruptions.
Read
the article
• Singapore
Companies struggling to protect multi-cloud compute infrastructures: survey
The majority of enterprises worldwide have adopted multi-cloud strategies to keep pace with the need for digital transformation and IT efficiency, but they face significant challenges...
Read
the article
• World
ENISA publishes assessment of 5G networks threats
ENISA, the European Union Agency for Cybersecurity, has released a new document, ‘Threat Landscape for 5G Networks’, which assesses the threats related to the fifth generation of mobile telecommunications networks.
Read
the article
• Europe / World
Less than half of businesses are prepared to comply with the California Consumer Protection Act
Egress has published the results of a survey, conducted by Osterman Research, Inc., which looks at the current state of security team preparedness and critical gaps in compliance with the California Consumer Protection Act (CCPA) before it comes into effect on 1st January 2020.
Read
the article
• US
Building resilience for intentional, unintentional, and natural events
A new academic paper, ‘Building Resilience: Preventing, Preparing For, and Responding to Intentional, Unintentional, and Natural Events’, has been published in Homeland Security and Public Safety: Research, Applications and Standards.
Read
the article
• World
NEW PRODUCTS AND SERVICES
WorldAware launches 24x7 managed life safety verification service
WorldAware, a global intelligence, risk management and crisis response firm, has launched Critical Outreach, a 24x7 personnel safety verification service that makes it possible to quickly check on the well-being of people who may have been impacted by a critical life-safety or mass-casualty incident.
Read
the article
• World
Ideagen launches new version of its Pentana Risk enterprise risk management software
Ideagen, a UK-based global software firm, is launching a new version of its enterprise risk management software. The latest iteration of Pentana Risk aims to drive improved decision making and organizational performance strengthening the ability of the software in managing operational, financial, IT and strategic risks.
Read
the article
• UK
Technology Disaster Recovery Specialist / Continuity Manager - Vice President, Various
VP - Operational Risk and Business Continuity, Singapore
Business Continuity Analyst, US
Business Continuity Operations Support, US
Operational Risk Consultant 4 - Business Continuity Planning, US
Civil Protection and Business Continuity Manager, UK
Business Continuity Analyst / Project Manager, UK
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
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subscribed to this newsletter. To unsubscribe visit:
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from:
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Continuity Central is a registered trademark
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/risktopicsdec2019.html
Litigation risk trends that senior management needs to watch in 2020
'Directors and Officers Insurance Insights 2020', a new report by insurer Allianz Global Corporate & Specialty (AGCS) highlights mega trends related to litigation which may have significant risk implications for senior management in 2020 and beyond.
Read the article
• World
The use of cognitive risk sensing for the early detection of emerging risks
Of more than 1,590 C-suite and other executives polled by Deloitte, 39.4 percent report that the greatest benefit of using cognitive risk sensing is the early detection of emerging risks and potential threats. However, just 5.3 percent of respondents said that their organization uses enterprise-wide cognitive risk sensing to manage such risks.
Read the article
• World
Financial firms struggling to assess risks of disruptive technologies: Accenture report
An overwhelming majority of financial firms’ risk managers don’t believe they can adequately assess the risks of disruptive technologies but are open to new strategies and tools to better manage emerging threats, according to a new report by Accenture.
Read the article
• World
Key focus areas for risk and operational resilience in the UK banking and financial services sector in 2020
Henry Umney, CEO of ClusterSeven, offers his views on the regulatory, business and risk management trends in the UK banking and financial services industry for 2020…
Read the article
• UK
Significant gaps in third-party user access management practices are exposing organizations to cyber security risks
One Identity has released new global research revealing that many organizations fall short of effectively managing access for third-party users, exposing them to significant vulnerabilities, breaches and other security risks.
Read the article
• World
Enterprise Risk Management 2019: The New Wave of Risks
Released recently, ‘Enterprise Risk Management 2019: The New Wave of Risks’ is a collection of articles and interviews by the Canadian Institute of Actuaries (CIA) which explores the new and emerging topics taking centre stage in the world of risk management.
Read the article
• Canada / World
Cyber attacks and extreme weather are the top risks for Indian companies
For the second year running, large scale cyber attacks have emerged as the top risk for corporations across India, according to a joint study conducted by Marsh and RIMS.
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• India
Less than half of businesses are prepared to comply with the California Consumer Protection Act
Egress has published the results of a survey, conducted by Osterman Research, Inc., which looks at the current state of security team preparedness and critical gaps in compliance with the California Consumer Protection Act (CCPA) before it comes into effect on 1st January 2020.
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• US
Protests and demonstrations: keeping your colleagues safe
Protests and demonstrations have never been far from the headlines during 2019. In response, have you provided employees with guidance on what they should do if they get caught up in a protest that has turned violent? Steve Dance offers some pointers…
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• World
Organizations must review outsourcing arrangements to mitigate geopolitical risk: Gartner
Geopolitical instability is forcing changes in the way that sourcing, procurement and vendor management executives review their options to mitigate risk, according to Gartner, Inc.
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• World
Heightened security threats, civil unrest and geopolitical instability to be top disruptors to the mobile workforce in 2020
International SOS has published its 2020 risks forecast and the results from the ‘Business Resilience Trend Watch’, a survey of over 1,300 business travel decision-makers run in partnership with Ipsos MORI.
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• World
Critical equipment failure is a top threat for many large companies; and the risk seems to be increasing
The threat of critical equipment failure is a major concern for 94 percent of Fortune 500-size companies. That’s according to a new survey of 200 business leaders with company-wide responsibility for overseeing equipment operations or equipment risk.
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• World
Pool Re publishes UK Terrorism Threat and Mitigation Report 2019
Pool Re has releases a new report which reviews the UK’s terrorism threat landscape and shares detailed findings on trends in targeting and tactics.
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• UK
Geopolitical Risk Report shows that BCM is the main mitigation measure for geopolitical risks
PANTA RAY, in collaboration with Commercial Risk, has published its Geopolitical Risk Report 2019. Sponsored by Liberty Specialty Markets, the survey-based report examines which are the most disruptive as well as the most frequent geopolitical incidents experienced by organizations and deals with the most effective risk assessment methods and mitigation measures.
Read the article
• Europe / UK
New study looks at how to manage a reputation-threatening brand crisis
Crisp’s 2019 Crisis Impact Report explores the increasing weaponization of communications on social media, and the damage to brand value it causes in the wake of a crisis.
Read the article
• US / UK
AI use expected to increase in risk and compliance efforts
Nearly half (48.5 percent) of C-suite and other executives at organizations that use artificial intelligence (AI) expect to increase AI use for risk management and compliance efforts in the year ahead, according to a recent Deloitte poll.
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• US / World
GDPR is transforming data security in Europe, but UK lags behind: survey
New research commissioned by Check Point shows that GDPR is delivering a strong positive effect overall for European businesses – but with some significant variations between countries in terms of adopting GDPR measures.
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• UK / Europe
Organizations are struggling to predict the impact of threats and vulnerabilities associated with emerging tech
More than half of risk professionals worldwide say that their organization’s risk levels have increased in the past 12 months, according to new research from ISACA, CMMI Institute and Infosecurity Group.
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• US / World
Study shows the real benefits where companies share cyber security risk management information
Research by the North Carolina State University shows that when one company experiences a cyber security breach, other companies in the same field also become less attractive to investors. However, companies that are open about their cyber security risk management fare significantly better than peers that don't disclose their cyber security efforts.
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• US / World
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Your weekly update of business continuity, enterprise risk management and resilience news.
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The case for and against Situational Crisis Communication Theory
Situational Crisis Communication Theory (SCCT) was suggested in 2007 by Dr. W. Timothy Coombs. In 'The case for and against Situational Crisis Communication Theory' Charlie Maclean-Bristol and Jim Preen explore the pros and cons of SCCT...
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• World
Look before you leap: a guide to resilient hybrid cloud migration
John Young highlights some of the potential pitfalls that organizations can experience when migrating to hybrid cloud environments and suggests areas that need to be considered to ensure that resilience takes centre-stage.
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• UK / World
What 2020 technology developments should business continuity managers be looking out for?
Frank Jablonski looks ahead to 2020 and highlights emerging technological developments that will impact organizations and the way that IT-related services are provided.
Read the article
• World
LATEST NEWS
Security leaders fear that quantum computing developments will outpace security technologies
More than half (54 percent) of cyber security professionals have expressed concerns that quantum computing will outpace the development of security technologies, according to new research from the Neustar International Security Council (NISC).
Read the article
• World
UK regulators publish operational resilience proposals for the financial services sector
The Bank of England, PRA and FCA have published a shared policy summary and co-ordinated consultation papers on new requirements to strengthen operational resilience in the financial services sector.
Read the article
• UK
‘Adaptive E-Business Continuity Management: Evidence from the Financial Sector’
A new academic paper focuses on business continuity management in organizations that use modern e-business technologies, discussing the need to ‘make the shift from traditional business continuity management towards ‘e-Business Continuity Management’ (e-BCM)’: an approach which is more suitable for modern technological environments.
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• Europe / World
Litigation risk trends that senior management needs to watch in 2020
'Directors and Officers Insurance Insights 2020', a new report by insurer Allianz Global Corporate & Specialty (AGCS) highlights mega trends related to litigation which may have significant risk implications for senior management in 2020 and beyond.
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• World
The use of cognitive risk sensing for the early detection of emerging risks
Of more than 1,590 C-suite and other executives polled by Deloitte, 39.4 percent report that the greatest benefit of using cognitive risk sensing is the early detection of emerging risks and potential threats. However, just 5.3 percent of respondents said that their organization uses enterprise-wide cognitive risk sensing to manage such risks.
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• World
Financial firms struggling to assess risks of disruptive technologies: Accenture report
An overwhelming majority of financial firms’ risk managers don’t believe they can adequately assess the risks of disruptive technologies but are open to new strategies and tools to better manage emerging threats, according to a new report by Accenture.
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• World
European Banking Authority publishes guidelines on ICT and security risk management
The European Banking Authority (EBA) has published its final ‘Guidelines on ICT and security risk management’. These establish requirements for credit institutions, investment firms and payment service providers (PSPs) on the mitigation and management of their ICT and security risks and aim to ensure a consistent and robust approach across the EU Single Market.
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• Europe
NEW PRODUCTS AND SERVICES
Update to LogicMonitor’s AIOps solution provides early warnings of developing IT outages
LogicMonitor has announced the general availability of its AIOps early warning system, which marks the latest enhancement to its AIOps solution, LM Intelligence.
Read the article
• World
Veeam launches new AWS-native backup and recovery solution
Veeam Software has announced a new solution, Veeam Backup for Amazon Web Services (AWS), which provides cost-effective and secure cloud-native Amazon Elastic Compute Cloud (Amazon EC2) protection.
Read the article
• World
Druva unveils powerful protection capabilities for AWS workloads
Druva, Inc., has announced extended data protection capabilities for Amazon Web Services (AWS) enterprise workloads, including innovative backup and data management for Amazon Simple Storage Service (Amazon S3), long-term archiving for Amazon Elastic Block Store (Amazon EBS) snapshots and new global policies for AWS accounts.
Read the article
• World
Contingency Planning / Disaster Recovery Analyst, US
Business Continuity Manager, US
Business Resilience Executive, UK
Project Officer - Business Continuity Management, Australia
Business Continuity Analyst, US
Business Continuity / Disaster Recovery Analyst, US
Business Continuity Coordinator, UK
IT Service and Business Continuity Manager, UK
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing667.html
Business continuity trends and challenges 2020: interim survey results
For the past six years Continuity Central has conducted an online survey asking business continuity professionals about their expectations for the year ahead. We are repeating the survey again and the interim results are now available. They are as follows...
Read the article
• World
The top twenty feature articles published by Continuity Central in 2019
Continuity Central exists to provide the business continuity, resilience and enterprise risk management professions with news and information. Each week we publish a number of feature articles looking in detail at a relevant area. This listing shows the 20 most popular feature articles from those published during 2019…
Read the article
• World
Predictions for 2020
What changes can we expect to see in the areas of business continuity, resilience and enterprise risk management during 2020? This collection of Continuity Central articles gives various viewpoints and will be added to throughout January…
Read the article
• World
LATEST NEWS
Organizations fail to protect keys and certificates as effectively as usernames and passwords
Venafi has released the results of a study comparing security controls for human and machine identities. The study evaluated responses from over 1,500 IT security professionals from the US, UK, France, Germany and Australia across a range of company sizes and industries.
Read the article
• Various
DRI International publishes its Fifth Annual Global Risk and Resilience Trends Report
DRI International’s latest Global Risk and Resilience Trends Report is now available, providing a global perspective and comprehensive trends analysis of the resilience profession. The report was developed by DRI International’s Future Vision Committee and is based on survey data.
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• US / World
2020 will be the year of the cloud breach predicts ExtraHop
ExtraHop has published its predictions for the cybersecurity and technology industries in 2020, predicting that 2020 will see a major information leak from a cloud provider.
Read the article
• World
How many organizations have converged physical security, cyber security, and business continuity functions?
ASIS International has published the results of a survey which looks at whether organizations in United States, Europe, and India are converging their protective functions.
Read the article
• Various
US Council on Foreign Relations survey: a disruptive cyber attack on critical infrastructure is the top concern for 2020
The threat of a highly disruptive cyber attack on US critical infrastructure is the top-ranked concern for the second straight year, according to the Council on Foreign Relations’ (CFR) twelfth annual Preventive Priorities Survey (PPS).
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• US /World
Major Bank of England 2021 stress test will look at climate change scenarios
The Bank of England has issued a consultation document which sets out its proposed framework for the 2021 Biennial Exploratory Scenario (BES) exercise, which will test the resilience of the largest banks and insurers to the physical and transition risks associated with different possible climate scenarios.
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• UK
Vulnerability alert: 1 in every 172 active RSA certificates are vulnerable to compromise or attack
Keyfactor has announced research findings identifying a vulnerability across active RSA certificates.
Read the article
• US / World
New NIST publication provides guidance on resilient interdomain traffic exchange
NIST’s latest document, ‘Special Publication (SP) 800-189, Resilient Interdomain Traffic Exchange: BGP Security and DDoS Mitigation’, provides technical guidance and recommendations for technologies that facilitate resilient interdomain traffic exchange (RITE).
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• US / World
Protecting the psychological wellbeing of staff exposed to disaster or emergency at work: a qualitative study
A new academic paper, published in BMC Psychology, looks at employees’ perceptions of workplace support and help-seeking in the context of a disaster.
Read the article
• UK / World
The top risk concerns for business leaders in 2020
Findings from the recently conducted ‘Executive Perspectives on Top Risks 2020’ have been published by global consulting firm Protiviti and North Carolina State University Poole College of Management’s Enterprise Risk Management Initiative.
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• US / World
CIOs recognize the benefits but express concern about decentralized IT risks
In a new report from IDG Connect and Snow Software, 67 percent of IT leaders said at least half of their spend is now controlled by individual business units. While most believe this is beneficial for their organization, it presents new challenges when combined with increased cloud usage.
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• Various
California coastal businesses told to start preparing for sea level rise impacts
A new report ‘Preparing for Rising Seas: How the State Can Help Support Local Coastal Adaptation Efforts’ warns that California’s coastal-based businesses and communities need to consider the impacts of rising sea levels and need to take action.
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• US
NEW PRODUCTS AND SERVICES
New security system to ‘revolutionise privacy’
A new uncrackable security system created by researchers at the University of St Andrews, King Abdullah University of Science and Technology (KAUST) and the Center for Unconventional Processes of Sciences (CUP Sciences) is set to revolutionise communications privacy.
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• World
SolarWinds launches new ‘Backup for Office 365’ solution for MSPs
SolarWinds has announced the launch of SolarWinds Backup for Office 365, designed to extend data protection services by helping ensure the retention and recoverability of Office 365 data.
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• World
COMPANIES AND MARKETS
Data storage: four trends and predictions for 2020
Enterprises will head into the next decade looking for solutions that will give them a competitive advantage. The main question is: “which ones?” Here Eric Bassier, Senior Director, Product Marketing, at Quantum, highlights four data storage trends that are poised to change the enterprise landscape.
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• World
Mark Herrington appointed as new OnSolve CEO
OnSolve has announced that its Board of Directors has appointed Mark Herrington as Chief Executive Officer. Herrington will be responsible for further developing and implementing the company’s growth strategy, spearheading heightened customer engagement and driving dynamic innovation.
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• US / World
Business Continuity Specialist, Canada
Senior Business Continuity Analyst, US
Safety & Business Continuity Specialist, US
Business Continuity & Disaster Recovery Manager, US
Business Continuity Advisor, UK
Business Resilience Lead, UK
Regional BC Manager, UAE
Manager, Business Continuity Planning, US
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After conducting extensive research on business continuity metrics, Dr. Bernard A. Jones has dedicated his efforts to crafting a BCM metrics toolkit. In this webinar, he will use the insights he’s gathered to uncover the essential metrics and data visualization tools you need for demonstrating and adding value to your BCM program.
Join this webinar to find out more...
Key takeaways:
Title: The Power of Meaningful Data: using metrics and visualization to prove the value of your program
Broadcast date and time: Wednesday, January 22, 2020 – 12:00 – 1:00 PM EST
Signup and more details: https://attendee.gotowebinar.com/register/3004300478139107340?source=CC
Presenter: Dr. Bernard A. Jones, Assistant Professor at St. John's University
About the Presenter:
A long-time BCM practitioner, Dr. Bernard A. Jones, CBCP is an Assistant Professor at St. John's University teaching undergraduate and doctorate level courses in Homeland Security & Emergency Management. Dr. Jones earned a D. Sc. degree from New Jersey City University in Civil Security Leadership, Management and Policy and his doctoral research centered on benchmarking and quantifying organizational resilience. He is passionate and focused on assisting organizations in measuring their resilience posture, addressing their resilience weaknesses, and helping to enhance their disaster preparedness. His focus continues to center on how to help impart a culture of preparedness through the measurement of organizational resilience. In 2020, Dr. Jones plans to launch B Jones BCP Consulting, LLC to assist small businesses with disaster preparedness, organizational resilience and business continuity consulting services.
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On Wednesday January 29th ClearView will be presenting an educational webinar, exploring independent research that has been conducted into effective approaches to business resilience…
Webinar description:
During 2019, the SECO Institute published a definition of business resilience, which builds upon the vision of organizations taking a holistic approach to organizational resilience as set out in the BS 65000:2014 organizational resilience standard. The Institute believes that, for effective business resilience, organizations need to combine risk management, information security & data protection, business continuity management and crisis management in one holistic unit.
In this webinar, Gert Kogenhop (Hon.) MBCI, will explore the SECO Institute’s approach to business resilience and the benefits and challenges that such an approach can bring to organizations. Gert will describe practical ways in which organizations can restructure and how the inevitable opposition and inertia can be overcome.
Date and time: Wednesday, January 29, 2020, 3:00 PM - 4:00 PM GMT; 10:00 AM – 11:00 AM EST
To attend please register at: https://attendee.gotowebinar.com/register/7427540099325163531
The speaker: Gert Kogenhop (Hon.) MBCI
Gert Kogenhop is founder of bcm+, a business continuity management consultancy firm aimed at training, advising and supporting organizations implementing business continuity management systems, mostly based on the ISO 22301 standard. He chairs the ISO Mirror Committee Business Continuity Management and Crisis Management at NEN and is an Honorary Member of the Business Continuity Institute. bcm+ is a ClearView Continuity regional partner, servicing the Netherlands and Belgium.
You are receiving this e-mail via Continuity Central's opt-in list - you agreed to receive occasional e-mails of possible interest from third parties when you signed up to one or more of our newsletters. This e-mailshot was handled by Continuity Central - your e-mail address has not been passed to ClearView. If you would rather not receive e-mail like this in future simply e-mail us at webmaster@continuitycentral.com and let us know. Alternatively you can unsubscribe at https://www.continuitycentral.com/index.php/unsubscribe
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing669.html
101 business continuity metrics…
Jon Seaton, chair of the Scottish Chapter of the BCI, looks at the subject of business continuity metrics, exploring why they are necessary and how to determine which metrics are required at different levels in the organization.
Read the article
• UK / World
2019-nCoV Coronavirus: assessing risk and planning initiatives
With the 2019-nCoV Coronavirus situation developing rapidly, Geary Sikich looks at lessons learned from the 2006 avian flu pandemic scare, and provides pointers for activities that risk managers and business continuity managers could be considering currently.
Read the article
• World
How could Brexit impact UK disaster recovery strategies in 2020?
Eltjo Hofstee looks at some of the possible impacts that Brexit could have on UK organizations and the way in which they manage and provision disaster recovery. Discussions about GDPR between the UK and the EU will be crucial to determining a way forward…
Read the article
• UK
|
Sponsored Webinar: Business resilience - taking a holistic, yet practical approach The SECO Institute believes that, for effective business resilience, organizations need to combine risk management, information security & data protection, business continuity management and crisis management in one holistic unit. In this webinar, Gert Kogenhop (Hon.) MBCI, will explore the SECO Institute’s approach to business resilience and the benefits and challenges that such an approach can bring to organizations. Gert will describe practical ways in which organizations can restructure and how the inevitable opposition and inertia can be overcome. Date and time: Wednesday, January 29, 2020, 3:00 PM - 4:00 PM GMT; 10:00 AM – 11:00 AM EST To attend please register here |
LATEST NEWS
BCI publishes its Emergency Communications Report 2020
The Business Continuity Institute (BCI), in partnership with F24, has released the 5th edition of the BCI Emergency Communications Report. This annual publication provides insight into how organizations communicate in an emergency, the key communication challenges organizations face and how technology is helping to assist in communications processes.
Read the article
• World
WHO has published its first Situation Report concerning the Novel Coronavirus (2019-nCoV) outbreak
The situation with the 2019-nCoV disease outbreak, which was first identified in Wuhan City, China, has moved on rapidly in the last few days.Infected people have been identified in Thailand, Japan and the Republic of Korea; and the first cases of human-to-human transmission have been confirmed.
Read the article
• World
‘Understanding the Stakeholder Roles in Business Continuity Management Practices – A Study in Public Sector’
A new academic paper has been published in the Proceedings of the 53rd Hawaii International Conference on System Sciences. Written by Jonna Järveläinen of the Turku School of Economics, University of Turku, the paper focuses on the role of different stakeholders in public sector business continuity management.
Read the article
• World
Predictions for data protection and storage trends…
Scality predicts that data storage will become massively decentralized in 2020 and hybrid cloud will become the defacto standard for organizations as they seek ways to manage and use data efficiently and intelligently.
Read the article
• World
World Economic Forum publishes annual Global Risks Report
Severe environmental threats account for the top long term risks identified in the World Economic Forum’s Global Risks Report 2020, while risks associated with economic and political polarization are expected to top the risk league table in 2020.
Read the article
• World
The rise of cyber warfare: 2019 sees significant increase in companies reporting attacks attributed to foreign governments
Radware has released its 2019-2020 Global Application and Network Security Report, which states that more than one in four respondents attribute attacks against their organization to cyber warfare or nation-state activity. In 2018, 19 percent of organizations believed they were attacked by a nation-state.
Read the article
• World
The top three data protection predictions to watch in 2020
During 2019 the data protection space faced a number of challenges. Ransomware attacks soared, with a 118 percent increase in attacks; and data protection as a service (DPaaS) deployment rose to dominate many business continuity and disaster recovery strategies.
Read the article
• World
NEW PRODUCTS AND SERVICES
Crisis Leader Toolkit: version 2.0 now available
Deon Binneman, the international reputation management consultant, has released version 2.0 of his Crisis Leader Toolkit, a self-study do–it–yourself guide on how to plan to respond to the reality and communication aspects that a crisis or emergency brings.
Read the article
• Africa / World
GardaWorld launches 2020 Global Travel Security and Kidnap & Maritime Piracy risk maps and reports
GardaWorld has published its 2020 Travel Security Risk Map and Report as well as the 2020 Kidnap & Maritime Piracy Threat Forecast Map and Global Overview Report.
Read the article
• World
HKBN Enterprise Solutions launches ‘Business Continuity Service Anywhere’
HKBN Enterprise Solutions (HKBNES) has announced the launch of Business Continuity Service (BCS) Anywhere in Hong Kong to help businesses continue their operations when disruption is hindering access to offices.
Read the article
• Asia Pacific
COMPANIES AND MARKETS
North American risk professionals experience salary dip in 2019
Risk professionals at all levels and responsibilities in the United States experienced an average 1.7 percent base salary decrease in 2019 compared to 2017, while Canadian practitioners experienced an average 4.0 percent decrease in the same time, according to the RIMS 2019 Compensation Survey.
Read the article
• North America
Manager Business Continuity, US
Business Continuity Project Manager, Australia
Business Continuity Project Manager, US
Business Continuity Manager, UK
Business Continuity Manager, UK
Senior Business Continuity and Resilience Specialist, UK
Crisis Management and Business Continuity Consultant or Senior Consultant, Canada
Business Continuity Specialist, Australia
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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Continuity Central is a registered trademark
For the past six years Continuity Central has conducted an online survey asking business continuity professionals about their expectations for the year ahead. We are repeating the survey again for 2020 and would really appreciate you taking a few minutes to take part at https://www.surveymonkey.co.uk/r/BC-2020
You can read the interim results of the survey here.
The survey will remain open until 15th January.
********************
You are receiving this e-mail because you have subscribed to a Continuity Central newsletter. You can unsubscribe at https://www.continuitycentral.com/index.php/unsubscribe
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This newsletter highlights all the feature articles published on Continuity Central during January 2020, as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupfeb2020.html
FEATURE ARTICLES
Novel coronavirus (2019-nCoV) outbreak updates
This Continuity Central resource page will be regularly updated with the latest news and resources related to the 2019-nCoV outbreak, which has been designated as a Public Health Emergency of International Concern (PHEIC) by the World Health Organization.
Read the article
• World
Six business continuity management mistakes to avoid…
Simply having a business continuity programme in place is no guarantee that your organization will survive a business interruption incident; cutting corners or missing important steps will make your programme ineffective. In this article, Sandra Bell highlights six areas that are commonly missed...
Read the article
• World
A four-step guide to engineering privacy into any system
Addressing data privacy and protection risks starts with system design and engineering. Nehal Maniar looks at four steps that need to be taken whilst attempting to marry system optimisation and data protection.
Read the article
• World
101 business continuity metrics…
Jon Seaton, chair of the Scottish Chapter of the BCI, looks at the subject of business continuity metrics, exploring why they are necessary and how to determine which metrics are required at different levels in the organization.
Read the article
• UK / World
2019-nCoV Coronavirus: assessing risk and planning initiatives
With the 2019-nCoV Coronavirus situation developing rapidly, Geary Sikich looks at lessons learned from the 2006 avian flu pandemic scare, and provides pointers for activities that risk managers and business continuity managers could be considering currently.
Read the article
• World
How could Brexit impact UK disaster recovery strategies in 2020?
Eltjo Hofstee looks at some of the possible impacts that Brexit could have on UK organizations and the way in which they manage and provision disaster recovery. Discussions about GDPR between the UK and the EU will be crucial to determining a way forward…
Read the article
• UK
ISO 22301:2019 reviewed: changes, clarifications but no new requirements…
In October 2019 a revised version of the business continuity management standard, ISO 22301, was published. In this article Hilary Estall, MBCI and IRCA Lead BCMS Auditor, explores the new version. Lifting the lid on what appears to be an uncontroversial update identifies areas which, whether aligned or certified to the Standard, will require time and thought to digest and apply.
Read the article
• World
Comments on the Travelex ransomware incident
As has been widely reported, the Travelex foreign exchange company has experienced a long-running business continuity incident due to cyber criminals using ransomware to obtain control over Travelex IT systems. In response to the incident Continuity Central has been gathering comments from cyber resilience providers…
Read the article
• World
Business continuity trends and challenges 2020: interim survey results
For the past six years Continuity Central has conducted an online survey asking business continuity professionals about their expectations for the year ahead. We are repeating the survey again and the interim results are now available. They are as follows...
Read the article
• World
The top twenty feature articles published by Continuity Central in 2019
Continuity Central exists to provide the business continuity, resilience and enterprise risk management professions with news and information. Each week we publish a number of feature articles looking in detail at a relevant area. This listing shows the 20 most popular feature articles from those published during 2019…
Read the article
• World
Predictions for 2020
What changes can we expect to see in the areas of business continuity, resilience and enterprise risk management during 2020? This collection of Continuity Central articles gives various viewpoints and will be added to throughout January…
Read the article
• World
Cyber security and resiliency report issued by the SEC Office of Compliance Inspections and Examinations
The Securities and Exchange Commission Commission's Office of Compliance Inspections and Examinations (OCIE) has issued a report providing observations related to cyber security and operational resiliency practices obtained from examinations taken by market participants.
Read the article
• US
McAfee report claims that enterprises are losing control of data in the cloud
McAfee has released a new research study, ‘Enterprise Supernova: The Data Dispersion Cloud Adoption and Risk Report’, which highlights critical gaps for enterprise security.
Read the article
• World
BCI publishes its Emergency Communications Report 2020
The Business Continuity Institute (BCI), in partnership with F24, has released the 5th edition of the BCI Emergency Communications Report. This annual publication provides insight into how organizations communicate in an emergency, the key communication challenges organizations face and how technology is helping to assist in communications processes.
Read the article
• World
‘Understanding the Stakeholder Roles in Business Continuity Management Practices – A Study in Public Sector’
A new academic paper has been published in the Proceedings of the 53rd Hawaii International Conference on System Sciences. Written by Jonna Järveläinen of the Turku School of Economics, University of Turku, the paper focuses on the role of different stakeholders in public sector business continuity management.
Read the article
• World
Predictions for data protection and storage trends…
Scality predicts that data storage will become massively decentralized in 2020 and hybrid cloud will become the defacto standard for organizations as they seek ways to manage and use data efficiently and intelligently.
Read the article
• World
World Economic Forum publishes annual Global Risks Report
Severe environmental threats account for the top long term risks identified in the World Economic Forum’s Global Risks Report 2020, while risks associated with economic and political polarization are expected to top the risk league table in 2020.
Read the article
• World
The rise of cyber warfare: 2019 sees significant increase in companies reporting attacks attributed to foreign governments
Radware has released its 2019-2020 Global Application and Network Security Report, which states that more than one in four respondents attribute attacks against their organization to cyber warfare or nation-state activity. In 2018, 19 percent of organizations believed they were attacked by a nation-state.
Read the article
• World
The top three data protection predictions to watch in 2020
During 2019 the data protection space faced a number of challenges. Ransomware attacks soared, with a 118 percent increase in attacks; and data protection as a service (DPaaS) deployment rose to dominate many business continuity and disaster recovery strategies.
Read the article
• World
Cyber moves to the top of global business concerns: Allianz Risk Barometer 2020
For the first time, cyber incidents rank as the most important business risk globally in the Allianz Risk Barometer, relegating perennial top peril business interruption (BI) to second place. Awareness of the cyber threat has grown rapidly in recent years; seven years ago, it ranked only 15th in the Risk Barometer.
Read the article
• World
Africa 2020 risk outlook
Based on their experience during 2019 and their informed reading of the coming year, the members of ContinuitySA’s executive committee have identified the following risks as particularly relevant to the Africa region in 2020...
Read the article
• World
Smaller organizations must focus on basic cybersecurity hygiene this year…
The latest cyber security innovations may be attractive, but many small and medium sized organizations are still failing to implement basic protection and controls, leaving them vulnerable to what should be trivial and easily prevented attacks.
Read the article
• UK / World
Still running Windows 7 on corporate systems? Your risk of ransomware attack is about to increase…
PCs still running Windows 7 when it passes its end of life date on the 14th of January will be significantly more at risk of ransomware, Veritas Technologies has warned. According to Veritas, 26 percent of PCs are expected to still be running the Microsoft software after support for patches and bug fixes ends.
Read the article
• World
Fortress AS publishes operational resilience ‘2020 Trends/ Predictions Report’
Fortress Availability Services has published a report which focuses on the top five key trends that the company expects will be seen in operational resilience in 2020 and beyond.
Read the article
• UK
Earth Networks' US 2019 Lightning Report highlights trends
Earth Networks, operators of the world’s largest lightning detection network, has released its 2019 Lightning Report. During all of 2019, the Earth Networks Total Lightning Network (ENTLN) detected 112,310,896 total lightning strikes within the continental US, a modest 1 percent increase from 2018.
Read the article
• US
New report recommends ways to strengthen the resilience of supply chains to hurricanes
A new report from the US National Academies of Sciences, Engineering, and Medicine recommends ways to make supply chains more resilient in the face of hurricanes and other disasters, drawing upon lessons learned from the 2017 hurricanes Harvey, Irma, and Maria.
Read the article
• US
Cybersecurity and Infrastructure Security Agency issues a warning to US organizations on Iran cyber attack threat
The US Cybersecurity and Infrastructure Security Agency (CISA) has issued an alert to warn US organizations about the imminent threat of cyber attacks sponsored by the Iranian government and military.
Read the article
• US
Committee publishes proposals for increasing UK energy supply resilience
A Government-backed report into the blackouts in August that affected over 1 million customers in the UK has been published and recommends various measures to make Britain's power network more resilient, including providing more support for business continuity planning.
Read the article
• UK
Holistic encryption is one of the keys to California Consumer Privacy Act risk management
The California Consumer Privacy Act (CCPA) came into force on January 1st 2020 and requires impacted organizations to take various compliance measures to avoid potentially large fines.One of the key steps that organizations can take to manage the associated risks is to implement an holistic approach to encryption: as Anand Kashyap, CTO and co-founder at Fortanix explains...
Read the article
• US
Organizations fail to protect keys and certificates as effectively as usernames and passwords
Venafi has released the results of a study comparing security controls for human and machine identities. The study evaluated responses from over 1,500 IT security professionals from the US, UK, France, Germany and Australia across a range of company sizes and industries.
Read the article
• Various
DRI International publishes its Fifth Annual Global Risk and Resilience Trends Report
DRI International’s latest Global Risk and Resilience Trends Report is now available, providing a global perspective and comprehensive trends analysis of the resilience profession. The report was developed by DRI International’s Future Vision Committee and is based on survey data.
Read the article
• US / World
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On Wednesday January 29th ClearView will be presenting an educational webinar, exploring independent research that has been conducted into effective approaches to business resilience…
Webinar description:
During 2019, the SECO Institute published a definition of business resilience, which builds upon the vision of organizations taking a holistic approach to organizational resilience as set out in the BS 65000:2014 organizational resilience standard. The Institute believes that, for effective business resilience, organizations need to combine risk management, information security & data protection, business continuity management and crisis management in one holistic unit.
In this webinar, Gert Kogenhop (Hon.) MBCI, will explore the SECO Institute’s approach to business resilience and the benefits and challenges that such an approach can bring to organizations. Gert will describe practical ways in which organizations can restructure and how the inevitable opposition and inertia can be overcome.
Date and time: Wednesday, January 29, 2020, 3:00 PM - 4:00 PM GMT; 10:00 AM – 11:00 AM EST
To attend please register at: https://attendee.gotowebinar.com/register/7427540099325163531
The speaker: Gert Kogenhop (Hon.) MBCI
Gert Kogenhop is founder of bcm+, a business continuity management consultancy firm aimed at training, advising and supporting organizations implementing business continuity management systems, mostly based on the ISO 22301 standard. He chairs the ISO Mirror Committee Business Continuity Management and Crisis Management at NEN and is an Honorary Member of the Business Continuity Institute. bcm+ is a ClearView Continuity regional partner, servicing the Netherlands and Belgium.
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing670.html
Targeted flexibility and the art of being prepared
Geary Sikich looks at why traditional risk assessment and business continuity planning methodologies are not always as effective as organizations expect them to be; and makes the case for taking a ‘targeted flexibility’ approach.
Read the article
• World
Novel coronavirus (2019-nCoV) outbreak updates
This Continuity Central resource page will be regularly updated with the latest news and resources related to the 2019-nCoV outbreak, which has been designated as a Public Health Emergency of International Concern (PHEIC) by the World Health Organization.
Read the article
• World
Six business continuity management mistakes to avoid…
Simply having a business continuity programme in place is no guarantee that your organization will survive a business interruption incident; cutting corners or missing important steps will make your programme ineffective. In this article, Sandra Bell highlights six areas that are commonly missed...
Read the article
• World
A four-step guide to engineering privacy into any system
Addressing data privacy and protection risks starts with system design and engineering. Nehal Maniar looks at four steps that need to be taken whilst attempting to marry system optimisation and data protection.
Read the article
• World
|
Sponsored Webinar: Smoke Test: Exposing Single Points of Failure Through Exercises – A Panel Discussion Proof of recoverability is gaining in importance for teams pursuing organizational resiliency. A variety of exercises can help teams reveal exposures, implement changes, and increase confidence in recoverability. In this webinar, a global panel of BC/DR leaders from various industries will review their experience performing different types of exercises and discuss their top "lessons learned". Date and time: Tue, Feb 11, 2020, 4:00 PM GMT, 11:00 AM ET To attend please register here |
LATEST NEWS
The greatest risk: cascading impacts of climate, biodiversity, food, water crises
The greatest threat to humanity and its organizations hides in the potential cascading of impacts of five highly-related, highly-likely risks: a collision that can amplify these effects catastrophically, according to a new survey of 222 leading scientists from 52 countries.
Read the article
• World
Failed to fix the Citrix software vulnerability? Your internal network can be breachable within a minute
A month and a half after Positive Technologies released its overview of a critical vulnerability in Citrix software, one out of every five companies have still not taken any action to fix this vulnerability. This is evident from threat intelligence from Positive Technologies.
Read the article
• World
Researchers identify the safest locations to evacuate employees to during air contamination incidents
Penn State researchers have published the findings of research into single-source pollution events which has implications for improving evacuation plans during air contamination incidents.
Read the article
• US / World
New enterprise risk management guidance released by COSO
To further inform organizations on the benefits of enterprise risk management, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) has published new guidance, ‘Creating and Protecting Value: Understanding and Implementing Enterprise Risk Management’ offering ‘succinct, tangible steps to implement an effective ERM program’.
Read the article
• US / World
Early spread of 2019-nCoV was far greater than reported say University researchers
Infectious disease researchers at The University of Texas at Austin and other institutions in Hong Kong, mainland China and France have concluded that there is a high probability that the 2019-nCoV coronavirus spread beyond Wuhan and other quarantined cities before Chinese officials were able to put a quarantine in place.
Read the article
• China / World
Organizational cyber threat intelligence (CTI) activities are maturing: SANS survey
Cyber threat intelligence (CTI) has evolved from small, ad hoc tasks performed disparately across an organization to robust programs with their own staff, tools and processes that support the entire organization, according to the SANS Institute 2020 CTI Survey.
Read the article
• US / World
Third Annual State of Cyber Resilience study published
Despite higher levels of investment in advanced cyber security technologies over the past three years, less than one-fifth of organizations are effectively stopping cyber attacks and finding and fixing breaches fast enough to lower the impact, according to a new report from Accenture.
Read the article
• World
Five cyber security trends for 2020
BSI’s global centre of excellence for Cybersecurity and Information Resilience has forecast five key trends across the cyber security landscape for 2020.
Read the article
• World
State of Endpoint Security Risk study shows that 80 percent of successful breaches are from zero-day exploits
A new study released by Ponemon Institute finds that organizations are not making progress in reducing their endpoint security risk, especially against new and unknown threats.
Read the article
• World
Business continuity management advice relating to the novel coronavirus (2019-nCoV) outbreak
In this resource page Continuity Central is collecting advice issued by business continuity consultancies around the world concerning actions that organizations can be taking in response to the 2019-nCoV outbreak.
Read the article
• World
Resilience First calls for UK government to review terror threat levels framework
Following the latest terrorist attack in London, which took place just 15 days after the official UK threat level was lowered, Resilience First is calling on the UK government to review the current threat level framework.
Read the article
• UK
Cyber security and resiliency report issued by the SEC Office of Compliance Inspections and Examinations
The Securities and Exchange Commission Commission's Office of Compliance Inspections and Examinations (OCIE) has issued a report providing observations related to cyber security and operational resiliency practices obtained from examinations taken by market participants.
Read the article
• US
McAfee report claims that enterprises are losing control of data in the cloud
McAfee has released a new research study, ‘Enterprise Supernova: The Data Dispersion Cloud Adoption and Risk Report’, which highlights critical gaps for enterprise security.
Read the article
• World
NEW PRODUCTS AND SERVICES
DataCore and Veeam partner for backup and archiving solution
DataCore Software has announced that the company has integrated its SANsymphony software-defined storage platform with Veeam Software’s Universal Storage API Plug-In. Through this integration, customers of Veeam Software Backup and Replication can take snapshots and backups of VMware data stores residing on SANsymphony virtual storage pools with minimum impact on production workloads.
Read the article
• World
NAKIVO v9.1 launched with native backup to tape and extended platform coverage
NAKIVO Backup & Replication v9.1 claims to be taking data protection to a new level by introducing Native Backup to Tape, Physical Linux Server Backup, Physical Workstation Backup, and Instant Verification features.
Read the article
• World
COMPANIES AND MARKETS
SIOS brings solution for automatic remediation of application failures on Amazon EC2 Instances to North American market
SIOS Technology Corp., has announced the availability of SIOS AppKeeper to the North American market. Claimed to be the industry’s first out-of-the-box solution to automatically respond to service outages on Amazon EC2 instances, SIOS AppKeeper protects applications from service interruptions and downtime...
Read the article
• North America
Business Continuity Emergency Mgmt Consultant, US
Business Continuity Planner, US
Risk and Business Continuity Manager, UK
Deputy Business Continuity Manager, UK
Business Continuity Disaster Recovery Manager, UK
Business Continuity Manager, Australia
Business Continuity Associate, US
Business Continuity Analyst, US
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing668.html
ISO 22301:2019 reviewed: changes, clarifications but no new requirements…
In October 2019 a revised version of the business continuity management standard, ISO 22301, was published. In this article Hilary Estall, MBCI and IRCA Lead BCMS Auditor, explores the new version. Lifting the lid on what appears to be an uncontroversial update identifies areas which, whether aligned or certified to the Standard, will require time and thought to digest and apply.
Read the article
• World
Comments on the Travelex ransomware incident
As has been widely reported, the Travelex foreign exchange company has experienced a long-running business continuity incident due to cyber criminals using ransomware to obtain control over Travelex IT systems. In response to the incident Continuity Central has been gathering comments from cyber resilience providers…
Read the article
• World
| YOUR LAST CHANCE TO TAKE PART... Continuity Central is conducting an online survey asking business continuity professionals about their expectations for the year ahead. The survey closes very soon and we would really appreciate you taking a few minutes to take part at: https://www.surveymonkey.co.uk/r/BC-2020 |
LATEST NEWS
Cyber moves to the top of global business concerns: Allianz Risk Barometer 2020
For the first time, cyber incidents rank as the most important business risk globally in the Allianz Risk Barometer, relegating perennial top peril business interruption (BI) to second place. Awareness of the cyber threat has grown rapidly in recent years; seven years ago, it ranked only 15th in the Risk Barometer.
Read the article
• World
Africa 2020 risk outlook
Based on their experience during 2019 and their informed reading of the coming year, the members of ContinuitySA’s executive committee have identified the following risks as particularly relevant to the Africa region in 2020...
Read the article
• World
Smaller organizations must focus on basic cybersecurity hygiene this year…
The latest cyber security innovations may be attractive, but many small and medium sized organizations are still failing to implement basic protection and controls, leaving them vulnerable to what should be trivial and easily prevented attacks.
Read the article
• UK / World
Amazon AWS warns certain users to update certificates or face lost connectivity
Amazon AWS has told users of Amazon Aurora, Amazon Relational Database Service (RDS), or Amazon DocumentDB (with MongoDB compatibility) that are taking advantage of SSL/TLS certificate validation when connecting to database instances that it is necessary to ‘download and install a fresh certificate, rotate the certificate authority (CA) for the instances, and then reboot the instances’.
Read the article
• World
Novel coronavirus is an emerging disease that organizations need to monitor
The Chinese news agency Xinhua has reported that a novel coronavirus is the cause of a ‘mystery’ outbreak of pneumonia in the Chinese city of Wuhan. Previously emerging coronavirus variations were behind the SARS (Severe Acute Respiratory Syndrome) and MERS (Middle East Respiratory Syndrome) outbreaks.
Read the article
• Asia / World
Still running Windows 7 on corporate systems? Your risk of ransomware attack is about to increase…
PCs still running Windows 7 when it passes its end of life date on the 14th of January will be significantly more at risk of ransomware, Veritas Technologies has warned. According to Veritas, 26 percent of PCs are expected to still be running the Microsoft software after support for patches and bug fixes ends.
Read the article
• World
Fortress AS publishes operational resilience ‘2020 Trends/ Predictions Report’
Fortress Availability Services has published a report which focuses on the top five key trends that the company expects will be seen in operational resilience in 2020 and beyond.
Read the article
• UK
Earth Networks' US 2019 Lightning Report highlights trends
Earth Networks, operators of the world’s largest lightning detection network, has released its 2019 Lightning Report. During all of 2019, the Earth Networks Total Lightning Network (ENTLN) detected 112,310,896 total lightning strikes within the continental US, a modest 1 percent increase from 2018.
Read the article
• US
New report recommends ways to strengthen the resilience of supply chains to hurricanes
A new report from the US National Academies of Sciences, Engineering, and Medicine recommends ways to make supply chains more resilient in the face of hurricanes and other disasters, drawing upon lessons learned from the 2017 hurricanes Harvey, Irma, and Maria.
Read the article
• US
Cybersecurity and Infrastructure Security Agency issues a warning to US organizations on Iran cyber attack threat
The US Cybersecurity and Infrastructure Security Agency (CISA) has issued an alert to warn US organizations about the imminent threat of cyber attacks sponsored by the Iranian government and military.
Read the article
• US
Proposals requested for development of airport crisis management and business continuity guidance
The Transportation Research Board's Airport Cooperative Research Program (ACRP) is asking for interested parties to consider submitting a proposal for developing a ‘Practical Guide for Integrating Crisis Management and Business Continuity’ and for associated research.
Read the article
• US
Committee publishes proposals for increasing UK energy supply resilience
A Government-backed report into the blackouts in August that affected over 1 million customers in the UK has been published and recommends various measures to make Britain's power network more resilient, including providing more support for business continuity planning.
Read the article
• UK
Holistic encryption is one of the keys to California Consumer Privacy Act risk management
The California Consumer Privacy Act (CCPA) came into force on January 1st 2020 and requires impacted organizations to take various compliance measures to avoid potentially large fines.One of the key steps that organizations can take to manage the associated risks is to implement an holistic approach to encryption: as Anand Kashyap, CTO and co-founder at Fortanix explains...
Read the article
• US
NEW PRODUCTS AND SERVICES
SAI Global announces new release for SAI360 risk management platform
SAI Global has announced the latest major release of its risk management platform, SAI360, which ‘redefines user experience with capabilities connecting operational controls and human behaviors’.
Read the article
• US / World
COMPANIES AND MARKETS
Veeam Software to be acquired by Insight Partners
Software investor Insight Partners has entered into a definitive agreement to acquire Veeam Software, provider of backup solutions that deliver ‘Cloud Data Management’.
Read the article
• World
The Resilience Shift names new Global Executive Director
The Resilience Shift has announced the appointment of a new Global Executive Director, Seth Schultz who takes up the leadership of the global infrastructure resilience initiative.
Read the article
• UK / World
Business Continuity Plan Coordinator, US
Business Continuity and Crisis Management Officer, UK
Risk & Business Continuity Analyst, UK
Cybersecurity Leader, UK
Regional GES Lead – Eastern Europe, Hungary
BC Specialist, Advisor, US
Specialist, Business Continuity/Recovery, US
Business Continuity Analyst, Israel
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
There is no charge for job listings: simply e-mail details to editor@continuitycentral.com
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You can read our privacy information at https://www.continuitycentral.com/index.php/privacy-and-cookies
You have subscribed to this newsletter. To unsubscribe visit:
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This email was from:
Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
Your monthly update of ICT continuity news and information
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/itcnewsfeb2020.html
Overwhelmed by data? Why organizations need to rethink their approach
Peter Ruffley explains how there is an urgent need for businesses to become savvier in how they store and move data. The best way to future proof a business is to focus on mission critical data, rather than collecting everything under the sun.
Read the article
• UK / World
A four-step guide to engineering privacy into any system
Addressing data privacy and protection risks starts with system design and engineering. Nehal Maniar looks at four steps that need to be taken whilst attempting to marry system optimisation and data protection.
Read the article
• World
How could Brexit impact UK disaster recovery strategies in 2020?
Eltjo Hofstee looks at some of the possible impacts that Brexit could have on UK organizations and the way in which they manage and provision disaster recovery. Discussions about GDPR between the UK and the EU will be crucial to determining a way forward…
Read the article
• UK
Comments on the Travelex ransomware incident
As has been widely reported, the Travelex foreign exchange company has experienced a long-running business continuity incident due to cyber criminals using ransomware to obtain control over Travelex IT systems. In response to the incident Continuity Central has been gathering comments from cyber resilience providers…
Read the article
• World
Look before you leap: a guide to resilient hybrid cloud migration
John Young highlights some of the potential pitfalls that organizations can experience when migrating to hybrid cloud environments and suggests areas that need to be considered to ensure that resilience takes centre-stage.
Read the article
• UK / World
What 2020 technology developments should business continuity managers be looking out for?
Frank Jablonski looks ahead to 2020 and highlights emerging technological developments that will impact organizations and the way that IT-related services are provided.
Read the article
• World
Majority of enterprises found to be ill-equipped to detect and respond to PKI degradation or breaches
Keyfactor and Ponemon Institute have released the 2020 edition of ‘The Impact of Unsecured Digital Identities’, a benchmark report exploring enterprises’ ability to manage increasing numbers of cryptographic keys and digital certificates securing network connections.
Read the article
• US / World
DDoS report reveals that the complexity and volume of attacks continues to grow
Link11 has released findings from its annual DDoS Report, which revealed a rising number of multivector and cloud computing attacks during 2019.
Read the article
• World
‘Cyber-complacency’ is widespread in UK organizations finds new study
A new Kaspersky study has lifted the lid on the scale of ‘cyber-complacency’ amongst UK businesses. The study revealed that many organizations are failing to take the necessary steps to prevent data breaches, despite many respondents acknowledging they would impact revenue and customer trust.
Read the article
• UK
Failed to fix the Citrix software vulnerability? Your internal network can be breachable within a minute
A month and a half after Positive Technologies released its overview of a critical vulnerability in Citrix software, one out of every five companies have still not taken any action to fix this vulnerability. This is evident from threat intelligence from Positive Technologies.
Read the article
• World
Organizational cyber threat intelligence (CTI) activities are maturing: SANS survey
Cyber threat intelligence (CTI) has evolved from small, ad hoc tasks performed disparately across an organization to robust programs with their own staff, tools and processes that support the entire organization, according to the SANS Institute 2020 CTI Survey.
Read the article
• US / World
Third Annual State of Cyber Resilience study published
Despite higher levels of investment in advanced cyber security technologies over the past three years, less than one-fifth of organizations are effectively stopping cyber attacks and finding and fixing breaches fast enough to lower the impact, according to a new report from Accenture.
Read the article
• World
Five cyber security trends for 2020
BSI’s global centre of excellence for Cybersecurity and Information Resilience has forecast five key trends across the cyber security landscape for 2020.
Read the article
• World
State of Endpoint Security Risk study shows that 80 percent of successful breaches are from zero-day exploits
A new study released by Ponemon Institute finds that organizations are not making progress in reducing their endpoint security risk, especially against new and unknown threats.
Read the article
• World
Cyber security and resiliency report issued by the SEC Office of Compliance Inspections and Examinations
The Securities and Exchange Commission Commission's Office of Compliance Inspections and Examinations (OCIE) has issued a report providing observations related to cyber security and operational resiliency practices obtained from examinations taken by market participants.
Read the article
• US
McAfee report claims that enterprises are losing control of data in the cloud
McAfee has released a new research study, ‘Enterprise Supernova: The Data Dispersion Cloud Adoption and Risk Report’, which highlights critical gaps for enterprise security.
Read the article
• World
Predictions for data protection and storage trends…
Scality predicts that data storage will become massively decentralized in 2020 and hybrid cloud will become the defacto standard for organizations as they seek ways to manage and use data efficiently and intelligently.
Read the article
• World
The rise of cyber warfare: 2019 sees significant increase in companies reporting attacks attributed to foreign governments
Radware has released its 2019-2020 Global Application and Network Security Report, which states that more than one in four respondents attribute attacks against their organization to cyber warfare or nation-state activity. In 2018, 19 percent of organizations believed they were attacked by a nation-state.
Read the article
• World
The top three data protection predictions to watch in 2020
During 2019 the data protection space faced a number of challenges. Ransomware attacks soared, with a 118 percent increase in attacks; and data protection as a service (DPaaS) deployment rose to dominate many business continuity and disaster recovery strategies.
Read the article
• World
Cyber moves to the top of global business concerns: Allianz Risk Barometer 2020
For the first time, cyber incidents rank as the most important business risk globally in the Allianz Risk Barometer, relegating perennial top peril business interruption (BI) to second place. Awareness of the cyber threat has grown rapidly in recent years; seven years ago, it ranked only 15th in the Risk Barometer.
Read the article
• World
Smaller organizations must focus on basic cybersecurity hygiene this year…
The latest cyber security innovations may be attractive, but many small and medium sized organizations are still failing to implement basic protection and controls, leaving them vulnerable to what should be trivial and easily prevented attacks.
Read the article
• UK / World
Amazon AWS warns certain users to update certificates or face lost connectivity
Amazon AWS has told users of Amazon Aurora, Amazon Relational Database Service (RDS), or Amazon DocumentDB (with MongoDB compatibility) that are taking advantage of SSL/TLS certificate validation when connecting to database instances that it is necessary to ‘download and install a fresh certificate, rotate the certificate authority (CA) for the instances, and then reboot the instances’.
Read the article
• World
Still running Windows 7 on corporate systems? Your risk of ransomware attack is about to increase…
PCs still running Windows 7 when it passes its end of life date on the 14th of January will be significantly more at risk of ransomware, Veritas Technologies has warned. According to Veritas, 26 percent of PCs are expected to still be running the Microsoft software after support for patches and bug fixes ends.
Read the article
• World
Fortress AS publishes operational resilience ‘2020 Trends/ Predictions Report’
Fortress Availability Services has published a report which focuses on the top five key trends that the company expects will be seen in operational resilience in 2020 and beyond.
Read the article
• UK
Cybersecurity and Infrastructure Security Agency issues a warning to US organizations on Iran cyber attack threat
The US Cybersecurity and Infrastructure Security Agency (CISA) has issued an alert to warn US organizations about the imminent threat of cyber attacks sponsored by the Iranian government and military.
Read the article
• US
Organizations fail to protect keys and certificates as effectively as usernames and passwords
Venafi has released the results of a study comparing security controls for human and machine identities. The study evaluated responses from over 1,500 IT security professionals from the US, UK, France, Germany and Australia across a range of company sizes and industries.
Read the article
• Various
2020 will be the year of the cloud breach predicts ExtraHop
ExtraHop has published its predictions for the cybersecurity and technology industries in 2020, predicting that 2020 will see a major information leak from a cloud provider.
Read the article
• World
How many organizations have converged physical security, cyber security, and business continuity functions?
ASIS International has published the results of a survey which looks at whether organizations in United States, Europe, and India are converging their protective functions.
Read the article
• Various
US Council on Foreign Relations survey: a disruptive cyber attack on critical infrastructure is the top concern for 2020
The threat of a highly disruptive cyber attack on US critical infrastructure is the top-ranked concern for the second straight year, according to the Council on Foreign Relations’ (CFR) twelfth annual Preventive Priorities Survey (PPS).
Read the article
• US /World
New NIST publication provides guidance on resilient interdomain traffic exchange
NIST’s latest document, ‘Special Publication (SP) 800-189, Resilient Interdomain Traffic Exchange: BGP Security and DDoS Mitigation’, provides technical guidance and recommendations for technologies that facilitate resilient interdomain traffic exchange (RITE).
Read the article
• US / World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
You have subscribed to this newsletter. To unsubscribe visit:
http://www.continuitycentral.com/index.php/unsubscribe or e-mail webmaster@continuitycentral.com
Read our privacy policy at https://www.continuitycentral.com/index.php/privacy-and-cookies
This email was from: Portal Publishing Ltd, PO Box 1393, Huddersfield, HD1 9TN, UK
Continuity Central is a registered trademark
|
Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing671.html
Quick survey: business continuity planning and actions in relation to COVID-19
This short, anonymous, survey aims to capture information which will help business continuity managers around the world understand what actions others in the profession are taking in response to or in preparation for COVID-19 infections.
Take part in the survey
• World
Overwhelmed by data? Why organizations need to rethink their approach
Peter Ruffley explains how there is an urgent need for businesses to become savvier in how they store and move data. The best way to future proof a business is to focus on mission critical data, rather than collecting everything under the sun.
Read the article
• UK / World
Novel coronavirus (COVID-19) outbreak updates
This Continuity Central resource page will be regularly updated with the latest news and resources related to the COVID-19 outbreak, which has been designated as a Public Health Emergency of International Concern (PHEIC) by the World Health Organization.
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• World
LATEST NEWS
Ineffective security products contribute to many breaches finds study
Keysight has released the results from its Security Operations Effectiveness survey, where 50 percent of respondents reported that their organization had experienced a security breach because one or more of their security products was not working as expected.
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• World
‘Organisational Structures for Enterprise and Operational Risk’
The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has published a benchmarking paper examining the organizational structures for enterprise and operational risk within market infrastructures (MIs).
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• World
While the world focusses on COVID-19 the Ebola Virus Disease risk remains
On 12th February the World Health Organization held a meeting of the Emergency Committee convened under the International Health Regulations (IHR) (2005) to review the current Ebola Virus Disease (EVD) outbreak in the Democratic Republic of the Congo (DRC).
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• Africa / World
Majority of enterprises found to be ill-equipped to detect and respond to PKI degradation or breaches
Keyfactor and Ponemon Institute have released the 2020 edition of ‘The Impact of Unsecured Digital Identities’, a benchmark report exploring enterprises’ ability to manage increasing numbers of cryptographic keys and digital certificates securing network connections.
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• US / World
DDoS report reveals that the complexity and volume of attacks continues to grow
Link11 has released findings from its annual DDoS Report, which revealed a rising number of multivector and cloud computing attacks during 2019.
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• World
New reports provide guidelines for space weather events resilience and GNSS loss
The UCL’s Mullard Space Laboratory and Institute for Risk and Disaster Reduction have released two operational reports that lay out guidelines for assessing and identifying organizational mitigation strategies to help prepare for space weather events, global navigation satellite service failures, and their associated technological disruptions.
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• UK / World
To slow a disease outbreak, focus on handwashing confirms new study
A new study estimates that improving the rates of handwashing by people passing through just 10 of the world's leading airports could significantly reduce the spread of many infectious diseases. And the greater the improvement in people's handwashing habits at airports, the more dramatic the effect on slowing the disease, the researchers found.
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• World
Global Resilient Cities Network to pick up the baton from 100 Resilient Cities
The Global Resilient Cities Network has announced its formation and confirmed that it will continue the work started by the former 100 Resilient Cities organization.
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• World
‘Cyber-complacency’ is widespread in UK organizations finds new study
A new Kaspersky study has lifted the lid on the scale of ‘cyber-complacency’ amongst UK businesses. The study revealed that many organizations are failing to take the necessary steps to prevent data breaches, despite many respondents acknowledging they would impact revenue and customer trust.
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• UK
NEW PRODUCTS AND SERVICES
Everbridge appoints Finastra CEO Simon Paris to its Board of Directors
Everbridge, Inc., has announced the appointment of Simon Paris to the Everbridge Board of Directors. Paris serves as CEO of London-based Finastra, a leading global Fintech provider of financial solutions and one of the largest software companies in Europe.
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• World
COMPANIES AND MARKETS
Recovery Point announces virtual desktop service to support recovery activities
Recovery Point Systems has announced a new high-performance virtual desktop infrastructure (VDI) resilience service. Recovery Point’s Desktop as a Service (DaaS) integrates into its INcloud, the same platform used to support all other enterprise recovery activities.
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• World
Business Continuity Associate Senior, US
Emergency and Business Continuity Manager, Australia
Business Continuity Planner, US
Organisational Risk and Resilience, UK
Business Continuity Manager, UK
Business Continuity Manager, UK
Business Resiliency Specialist, US
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This newsletter highlights all the feature articles published on Continuity Central during December 2019, as well as various resources.
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FEATURE ARTICLES
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The case for and against Situational Crisis Communication Theory
Situational Crisis Communication Theory (SCCT) was suggested in 2007 by Dr. W. Timothy Coombs. In 'The case for and against Situational Crisis Communication Theory' Charlie Maclean-Bristol and Jim Preen explore the pros and cons of SCCT...
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• World
Look before you leap: a guide to resilient hybrid cloud migration
John Young highlights some of the potential pitfalls that organizations can experience when migrating to hybrid cloud environments and suggests areas that need to be considered to ensure that resilience takes centre-stage.
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• UK / World
What 2020 technology developments should business continuity managers be looking out for?
Frank Jablonski looks ahead to 2020 and highlights emerging technological developments that will impact organizations and the way that IT-related services are provided.
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• World
Why we all breathe a sigh of relief when things go wrong for others…
Jon Seaton reflects on his career in business continuity to date and offers seven crisis management lessons which business continuity managers can relate to their organization and role .
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• UK / World
Embedding resilience into your cloud-based modernisation strategy
As part of strategies to transform and modernise organizations are increasingly adopting cloud-first strategies. This provides an ideal opportunity to embed resilience. In this article John Young looks at the requirement to make three core components of modernisation more resilient: people, applications and IT.
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• UK / World
A review of the business resilience issues facing the food sector in 2020
The past year has seen a range of issues coming to the fore that have had a significant impact on business resilience and continuity in the food sector. Three in particular stand out and will continue to have a major impact throughout 2020, namely food allergies; food fraud; and climate change. Victoria Cross provides an overview…
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• UK / World
Key focus areas for risk and operational resilience in the UK banking and financial services sector in 2020
Henry Umney, CEO of ClusterSeven, offers his views on the regulatory, business and risk management trends in the UK banking and financial services industry for 2020…
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• UK
How many organizations have converged physical security, cyber security, and business continuity functions?
ASIS International has published the results of a survey which looks at whether organizations in United States, Europe, and India are converging their protective functions.
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• Various
US Council on Foreign Relations survey: a disruptive cyber attack on critical infrastructure is the top concern for 2020
The threat of a highly disruptive cyber attack on US critical infrastructure is the top-ranked concern for the second straight year, according to the Council on Foreign Relations’ (CFR) twelfth annual Preventive Priorities Survey (PPS).
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• US /World
Vulnerability alert: 1 in every 172 active RSA certificates are vulnerable to compromise or attack
Keyfactor has announced research findings identifying a vulnerability across active RSA certificates.
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• US / World
New NIST publication provides guidance on resilient interdomain traffic exchange
NIST’s latest document, ‘Special Publication (SP) 800-189, Resilient Interdomain Traffic Exchange: BGP Security and DDoS Mitigation’, provides technical guidance and recommendations for technologies that facilitate resilient interdomain traffic exchange (RITE).
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• US / World
Protecting the psychological wellbeing of staff exposed to disaster or emergency at work: a qualitative study
A new academic paper, published in BMC Psychology, looks at employees’ perceptions of workplace support and help-seeking in the context of a disaster.
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• UK / World
The top risk concerns for business leaders in 2020
Findings from the recently conducted ‘Executive Perspectives on Top Risks 2020’ have been published by global consulting firm Protiviti and North Carolina State University Poole College of Management’s Enterprise Risk Management Initiative.
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• US / World
CIOs recognize the benefits but express concern about decentralized IT risks
In a new report from IDG Connect and Snow Software, 67 percent of IT leaders said at least half of their spend is now controlled by individual business units. While most believe this is beneficial for their organization, it presents new challenges when combined with increased cloud usage.
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• Various
California coastal businesses told to start preparing for sea level rise impacts
A new report ‘Preparing for Rising Seas: How the State Can Help Support Local Coastal Adaptation Efforts’ warns that California’s coastal-based businesses and communities need to consider the impacts of rising sea levels and need to take action.
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• US
Security leaders fear that quantum computing developments will outpace security technologies
More than half (54 percent) of cyber security professionals have expressed concerns that quantum computing will outpace the development of security technologies, according to new research from the Neustar International Security Council (NISC).
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• World
UK regulators publish operational resilience proposals for the financial services sector
The Bank of England, PRA and FCA have published a shared policy summary and co-ordinated consultation papers on new requirements to strengthen operational resilience in the financial services sector.
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• UK
‘Adaptive E-Business Continuity Management: Evidence from the Financial Sector’
A new academic paper focuses on business continuity management in organizations that use modern e-business technologies, discussing the need to ‘make the shift from traditional business continuity management towards ‘e-Business Continuity Management’ (e-BCM)’: an approach which is more suitable for modern technological environments.
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• Europe / World
Litigation risk trends that senior management needs to watch in 2020
'Directors and Officers Insurance Insights 2020', a new report by insurer Allianz Global Corporate & Specialty (AGCS) highlights mega trends related to litigation which may have significant risk implications for senior management in 2020 and beyond.
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• World
The use of cognitive risk sensing for the early detection of emerging risks
Of more than 1,590 C-suite and other executives polled by Deloitte, 39.4 percent report that the greatest benefit of using cognitive risk sensing is the early detection of emerging risks and potential threats. However, just 5.3 percent of respondents said that their organization uses enterprise-wide cognitive risk sensing to manage such risks.
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• World
Financial firms struggling to assess risks of disruptive technologies: Accenture report
An overwhelming majority of financial firms’ risk managers don’t believe they can adequately assess the risks of disruptive technologies but are open to new strategies and tools to better manage emerging threats, according to a new report by Accenture.
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• World
European Banking Authority publishes guidelines on ICT and security risk management
The European Banking Authority (EBA) has published its final ‘Guidelines on ICT and security risk management’. These establish requirements for credit institutions, investment firms and payment service providers (PSPs) on the mitigation and management of their ICT and security risks and aim to ensure a consistent and robust approach across the EU Single Market.
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• Europe
NIST publishes a guide to developing cyber resilience
NIST has announced the release of NIST Special Publication (SP) 800-160 Volume 2, Developing Cyber Resilient Systems: A Systems Engineering Approach, which is the first in a series of specialty publications developed to support NIST SP 800-160 Volume 1.
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• US / World
A quarter of UK smaller businesses don’t have an IT disaster recovery plan in place
UK businesses are gambling with the continuity of their business, as new research reveals that a quarter of small and medium sized companies do not have any form of disaster recovery plan in place to protect them.
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• UK
Cyber attacks are becoming increasingly targeted in nature
Positive Technologies has released its cyber security ‘threatscape’ findings for the third quarter of 2019. The main trends highlighted in the report include an increase in the number of unique cyber incidents, a large amount of activity by APT groups engaged in targeted attacks, and a two-to-one greater incidence of data theft in comparison to direct financial gain as an attack motive.
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• World
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Your weekly update of business continuity, enterprise risk management and resilience news.
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COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World
Accounting for multiple crises: how businesses can mitigate the effects of COVID-19 and concurrent natural disasters
Although COVID-19 is, understandably, the focus for most businesses, the disruption caused by the virus will not cause the threat from other hazards, such as natural disasters, to disappear. Erika Weisbrod looks at how COVID-19 may impact the response to natural disasters and highlights some areas that organizations need to consider.
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• World
COVID-19 office reopening plan: checklists and re-entry forms
As COVID-19 restrictions begin to be relaxed in many countries around the world, organizations are starting to think about when and how to restart operations. To assist Continuity Central readers in this area, Raymond-Cox Consulting, LLC, has provided a useful resource for organizations to use as they consider when and how to reopen their office(s).
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• US / World
Remote working: lifeline or a tightrope?
As we look ahead from COVID-19 pandemic response to recovery where does remote working fit in? Chris Butler looks at some business continuity considerations as organizations consider the future ‘new normal’.
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• UK / World
Enterprise security and the resurgence of ransomware
A recent resurgence in ransomware has seen it shoot right back to the top of the cyber crime list. While much of this resurgence can be attributed to the arrival of new ransomware mutations, another factor seems to be playing a major role as well; the growth of cyber insurance. Jan van Vliet explains…
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• World
Has BCM protected shareholder value in the COVID-19 outbreak?
Patrick Roberts looks at whether firms that have adopted good practice in business continuity management (BCM) suffered less impact on their share prices during the initial stage of the COVID-19 outbreak than those that haven’t.
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• UK / World
LATEST NEWS
SHRM survey: 52 percent of US small businesses expect to close within next six months
New research released by SHRM (Society for Human Resource Management) warns that the state of US small businesses could go from bad to worse, as 52 percent of those surveyed expect to be out of business within six months due to COVID-19.
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• US
Study finds that two-thirds of UK organizations surveyed had no pandemic plans in place before COVID-19
New research from Databarracks has revealed that two-thirds of organizations (66 percent) surveyed had no plans in place for responding to an infectious disease pandemic before the COVID-19 outbreak. This is despite pandemic ranking highest in terms of impact and likelihood in the UK government’s National Risk Register of Civil Emergencies; and despite 61 percent of respondents having a business continuity plan which was considered to be up-to-date.
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• UK
World Economic Forum promotes blockchain as a tool to tackle supply chain failures exposed by COVID-19
The pressure created by the COVID-19 outbreak on global trade systems highlights an urgent need for global cooperation to maintain and strengthen the resilience of international supply chains.
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• World
Human resource practices are a predictor for organizational resilience after layoffs say researchers
As retrenchments continue to cloud the foreseeable future of businesses worldwide, new research from the University of South Australia, the University of Melbourne and RMIT, indicates that some businesses will fare better than others - and it's all dependent on their type of human resource management (HRM) system.
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• World
The ripple effect can spread the impacts of regional natural disasters around the world
When natural disasters strike a city or town, the local impacts can be devastating, but these events also have ripple effects that can be felt in distant cities and regions - even globally - due to the interconnectedness of the world's urban trade networks.
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• World
Research confirms links between cyber attacks, consumer purchasing, and brand loyalty
Arcserve, LLC, has released results from new research that measures how cyber crime influences purchasing activity and brand loyalty. It found that while most consumers are taking necessary security precautions to protect their online accounts, some businesses may not be doing enough to protect their information – inadvertently driving sales to competitors that can.?
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• World
Survey shows that COVID-19 response is putting cyber security under pressure
(ISC)² – the non-profit association of certified cyber security professionals – has released the findings of a survey in which cyber security professionals shared insights into their current work situations during the first several weeks of the COVID-19 pandemic.
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• World
Nearly two-thirds of companies report disruptions to network security business practices due to sudden shift to work-from-home model
Nearly two-thirds (64 percent) of companies experienced at least moderate disruptions to their network security business practices – and nearly a quarter (23 percent) experienced major disruptions – due to the sudden shift to a work-from-home model as a result of the COVID-19 pandemic.
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• World
NEW PRODUCTS AND SERVICES
New satellite based solution launched to assist remote worker and emergency comms
Inmarsat and Cobham SATCOM have launched a comprehensive new Broadband Global Area Network (BGAN) push-to-talk (PTT) solution, which provides real-time data transfer and PTT communications for remote workers and emergency response uses.
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• World
Everbridge unveils COVID-19 ‘Return to Work’ software solution
Everbridge, Inc. has announced the availability of a new COVID-19 Return to Work software solution to help businesses and governments navigate the unprecedented complexity of operating during the next phase of the COVID-19 pandemic – preparing to bring back the workforce and reopen society.
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• World
COMPANIES AND MARKETS
Acronis joins #OpenWeStand movement to support small businesses
Acronis has announced that it has joined GoDaddy’s growing #OpenWeStand movement, joining over 30 brands in contributing resources, tools and insights to help sustain entrepreneurs and the small and microbusinesses they operate during this challenging time.
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• World
Online Safety Tech Industry Association (OSTIA) launched in the UK
A new UK association, the Online Safety Tech Industry Association (OSTIA), has been launched, bringing together expert companies and advisory bodies to tackle online safety.
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• UK
Assurance Software announces the acquisition of Avalution Consulting
Assurance Software, Inc., has announced the acquisition of Avalution Consulting. The announcement follows the 2019 mergers between Assurance and ClearView Continuity, as well as Avalution and BC Management.
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• World
Business Continuity Program Manager, US
Crisis Management Business Development Manager, UK
Emergency Planning & Business Continuity Manager, UK
Manager, Business Continuity, Australia
Business Continuity Professional, US
Business Continuity & Assurance Manager, UK
Senior Resilience Manager, UK
Business Continuity Emergency Management Planner, Canada
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Your monthly update of ICT continuity news and information
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How COVID-19 related remote working has changed the future of cyber resilience
One of the clear impacts of the COVID-19 pandemic is that it has forced many organizations into embracing remote working; and this may have an irreversible influence on future working practices – and cyber resilience. Tiago Dias explains…
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• World
Access management and control considerations for zero trust security
Tawnya Lancaster considers the importance of access management and control for the zero trust model of information security and how it can contribute to a more dynamic model for resilient, flexible information security.
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• World
Focusing on the recovery aspects of cyber resilience
A new academic paper by Dr. Cyril Onwubiko, Director, Enterprise Security Architecture, Pearson, presents a comprehensive cyber recovery operational framework. The paper has been published in the proceedings of the 2020 International Conference on Cyber Situational Awareness, Data Analytics and Assessment.
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• World
The missing link in cyber resilience?
Organizations need to embrace a mindset of continuously identifying - and closing - gaps in their cyber security posture to ensure the organization is as secure as it can be. To achieve this a person, or team, needs to be appointed to this role says Matt Cable.
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• World
‘Grand Challenges in Resilience: Autonomous System Resilience through Design and Runtime Measures’
In a paper scheduled to be published in the IEEE Open Journal of the Computer Society, various researchers have set out what they see as key challenges for effective cyber resilience and steps that can be taken for improvement.
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• World
Using deception to improve cyber resilience by turning the tables on attackers
Throughout history, deception has been a critical component of military activities. Now that most organizations are continuously targets of cyber attacks deception provides a way to stay ahead of cyber attacks instead of feeling like we’re always one step behind. Carolyn Crandall explains further...
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• World
Is your ICS being targeted? How to identify whether your organization is being lined-up for a Snake ransomware attack
According to research by Kaspersky ICS CERT experts a number of industrial companies are currently experiencing targeted attacks involving the Snake encryption ransomware. This article explains how to identify whether your organization is being lined-up for an attack.
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• World
Focusing on risk and recovery: a ransomware preparation checklist
Recent weeks have seen new high-profile ransomware attacks hitting the headlines, adding to the difficulties for companies already working hard to manage COVID-19 issues. Charles Burger provides six tips to help reduce ransomware risks.
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• World
Annual telecoms downtime across the EU reaches almost one billion user hours
ENISA, The European Union Agency for Cybersecurity, has published its 9th annual report on telecom security incidents, which provides an analysis of root causes and impacts of major incidents that happened in the course of 2019.
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• Europe
Malware decreases but ransomware threat rises in first half of 2020
The SonicWall Capture Labs threat research team has published a mid-year update to the 2020 SonicWall Cyber Threat Report, highlighting substantial increases in ransomware attacks. During the first half of 2020, global malware attacks fell from 4.8 billion to 3.2 billion (-24 percent) over 2019’s mid-year total.
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• World
COVID-19 has increased cyber and financial risks as security teams reduce staff
Exabeam has released new research that identified the initial impacts of the COVID-19 pandemic on security teams. The report suggests that there have been increases in both cyber and financial risks since the onset of the pandemic. During this time, 80 percent of companies saw ‘slightly to considerably more’ cyber attack attempts, breaking down to 88 percent in the US and 74 percent in the UK.
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• US / UK
Pandemic-induced changes will alter the future of business resiliency says Forrester
According to Forrester, the lasting global impact of COVID-19 will usher in five macro shifts that will permanently alter business and technology. In a new report, ‘The New, Unstable Normal: How COVID-19 Will Change Business and Technology Forever’, Forrester identifies business resiliency as one of these trends.
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• World
State of ITSM in the COVID-19 Pandemic report looks at business continuity success levels
ManageEngine has announced the results of a new survey, ‘The State of ITSM in the COVID-19 Pandemic’. The survey, conducted among more than 500 global IT professionals, highlights the ramifications and challenges the COVID-19 pandemic caused for IT service teams.
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• World
Check Point identifies critical vulnerability in Windows DNS: says that immediate action is needed
Researchers at Check Point have identified a security flaw in Windows DNS, the domain name system (DNS) services provided by Microsoft in Windows operating systems. Hackers could use this vulnerability to gain Domain Administrator rights over servers, and seize control of organizational networks.
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• World
Data Health Check 2020 survey shows increasing uptake of business continuity planning in the UK
Databarracks has announced the release of its 2020 Data Health Check results. Running since 2008, the annual report questions over 400 IT decision-makers in the UK on critical issues relating to IT resilience, cybersecurity, cloud and remote working.
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• UK
Gartner survey highlights the changed attitude to remote working
A recent Gartner survey of company leaders, representing HR, legal and compliance, finance and real estate, found that 82 percent of respondents intend to permit remote working some of the time as employees return to the workplace.
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• US / World
NIST seeks comments on integrating cyber security and enterprise risk management guidance
The US NIST is asking professionals to comment on the second public draft of its NISTIR 8286, Integrating Cybersecurity and Enterprise Risk Management (ERM) guidance. This aims to promote greater understanding of the relationship between cyber security risk management and ERM and the benefits of integrating those approaches.
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• US
Increased remote work drives BYOD, but security is not keeping pace
Bitglass has released its 2020 BYOD Report, which analyses enterprise use of bring your own device (BYOD) as well as the state of personal device security within organizations.
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• World
Guide for building a resilient workforce amid technological disruption published by NGA
As COVID-19 accelerates disruptions impacting the American workforce, the National Governors Association (NGA) has issued the findings of a comprehensive two-year project examining ways that governors and other state policymakers can nurture a technologically resilient workforce ready to thrive in an evolving economy.
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• US / World
Adoption of cloud-based security tools accelerates as organizations support remote workforces during COVID-19
Exabeam has published the results of a new survey of UK security practitioners, which tracks the adoption and use of cloud-based security tools. This latest survey showed a marked increase in the adoption of these security tools compared to an earlier study carried out in March 2020 prior to the COVID-19 lockdown.
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• UK
Is business process automation essential for future resilience?
K2, a leader in intelligent process automation, has published the results of a recent Harris Poll survey, ‘Accelerating Automation: How Businesses are Adapting to a Post-COVID World’.
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• US / UK / Europe
Enterprises that halted IT cloud migrations due to the pandemic had more outages than those that continued
Enterprises that halted their cloud migration journey during the current global pandemic are two and a half times more likely than those that continued their move to the cloud to have experienced IT outages that negatively impacted their SLAs.
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• UK / US
Study identifies the main risks associated with digital transformation
‘Digital Transformation & Cyber Risk: What You Need to Know to Stay Safe’, a new study by the Ponemon Institute sponsored by CyberGRX, presents the results of surveys of nearly 900 IT security professionals and C-level executives.
Read the article
• World
New SOC research highlights that ‘overconfident security teams’ fail to focus on threat dwell time
Exabeam has released its annual ‘2020 State of the SOC Report,’ examining the processes and effectiveness of corporate security operations centers / centres (SOCs).
Read the article
• Various
Survey shows significant business impacts for organizations caught with poor data security practices
A survey for PCI Pal shows that a significant proportion of consumers will act with their feet and take their custom elsewhere, should their personal data be compromised by a business due to poor security practices amid the current pandemic.
Read the article
• UK / World
Majority of IT professionals report an increase in issues and incidents in the past three months
Ivanti has announced new findings from a survey studying the impact of the move to ‘work from home’ in response to the COVID-19 pandemic. The findings show IT workloads, security issues, and communication challenges have all seen significant increases in this new remote working era.
Read the article
• World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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Your weekly update of business continuity, enterprise risk management and resilience news.
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Probability of events: the underrated factor of the risk assessment
In the first article in a short series explaining how to use mathematical concepts to bring more accuracy to risk and impact assessments made for business continuity and enterprise risk management, Alejandro Aristizábal Correa looks at ways to calculate the probability of events.
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• World
Focusing on risk and recovery: a ransomware preparation checklist
Recent weeks have seen new high-profile ransomware attacks hitting the headlines, adding to the difficulties for companies already working hard to manage COVID-19 issues. Charles Burger provides six tips to help reduce ransomware risks.
Read the article
• World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
Organizational resilience and employee work-role performance after a crisis situation
A new paper in the Journal of Public Relations Research considers how employee behavior / behaviour impacts organizational resilience, and presents the results of a US survey looking at this area.
Read the article
• US / World
LATEST NEWS
Study identifies the main risks associated with digital transformation
‘Digital Transformation & Cyber Risk: What You Need to Know to Stay Safe’, a new study by the Ponemon Institute sponsored by CyberGRX, presents the results of surveys of nearly 900 IT security professionals and C-level executives.
Read the article
• World
New SOC research highlights that ‘overconfident security teams’ fail to focus on threat dwell time
Exabeam has released its annual ‘2020 State of the SOC Report,’ examining the processes and effectiveness of corporate security operations centers / centres (SOCs).
Read the article
• Various
Deutsche Bank research highlights ‘four major tail risks’ that the world faces
The Deutsche Bank Thematic Research team classifies the COVID-19 pandemic as a tail risk, and highlights that the occurrence of tail risks is more regular than most people think.
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• World
Survey shows significant business impacts for organizations caught with poor data security practices
A survey for PCI Pal shows that a significant proportion of consumers will act with their feet and take their custom elsewhere, should their personal data be compromised by a business due to poor security practices amid the current pandemic.
Read the article
• UK / World
Majority of IT professionals report an increase in issues and incidents in the past three months
Ivanti has announced new findings from a survey studying the impact of the move to ‘work from home’ in response to the COVID-19 pandemic. The findings show IT workloads, security issues, and communication challenges have all seen significant increases in this new remote working era.
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• World
New study looks at how prepared businesses were for a pandemic and the strategies being used for continuity
Telstra had published the results of a research study, ‘Business Continuity, Flexible Working and Adaptive Infrastructure: Five Actions for When the Economy Reopens Following COVID-19’.
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• Various
Many traditional business continuity strategies don’t work in pandemic times says Crises Control
The COVID-19 pandemic raises a number of very significant issues for business continuity. These issues include employee availability, supply chain disruption, and social distancing. As companies return to full operations, they will have to adapt to a new normal with significantly changed business operating models. These are some of the areas explored in a new white paper from Crises Control.
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• UK / World
COVID-19: survey looks at current business continuity measures and future outlook
A new survey from International SOS highlights that over 70 percent of companies’ primary business continuity concern is further disruption from a second wave of the COVID-19 pandemic.
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• World
DNS attacks are widespread, damaging, and increasingly hitting cloud: 2020 Global DNS Threat Report
EfficientIP has announced the results of its 2020 Global DNS Threat Report. The annual research, which was conducted in collaboration with IDC, sheds light on the frequency of the different types of DNS attack and the associated costs for the last year.
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• World
Survey shows that the majority of organizations are moving to cyber resilience
Mimecast has published its fourth annual State of Email Security 2020 report, which summarizes responses from 1,025 global IT decision makers on the current state of cyber security.
Read the article
• World
COMPANIES AND MARKETS NEWS
Zerto announces plans to extend IT Resilience Platform to next-gen applications
Zerto opened its first virtual user conference, ZertoCON 2020, by unveiling its plans to extend its IT Resilience Platform to support next generation, cloud native applications.
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• World
BCI World goes virtual: will offer 70 hours of ideas and experiences
The BCI has announced that BCI World, taking place on 5th and 6th November 2020, will be a virtual event. BCI World Virtual will give delegates access to over 70 hours of ideas and experiences, with live sessions taking place over a 16-hour period each day and remaining available after the event for retrospective viewing.
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• World
Avalution Consulting receives highest product scores in Gartner's Critical Capabilities for BCM Program Solutions, Worldwide
Avalution Consulting has announced that Gartner scored the company the highest across all use cases evaluated in the latest 'Critical Capabilities for BCM Program Solutions, Worldwide', for its Catalyst business continuity software.
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• World
VP for Resiliency, Incident Management and BCP, Philippines
BIC3 - Continuity and Resiliency Specialist, UK
Senior Resilience Analyst, US
Business Continuity Analyst, US
IT Business Continuity & Disaster Recovery Manager, UK
Business Continuity Management Officer, Germany
Business Continuity Management Lead, Australia
Senior Emergency Planning & Business Continuity Practitioner, UK
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CALL FOR PAPERS |
The state of business continuity: quick survey
In a series of short surveys Continuity Central is looking to gain a picture of how your experiences during the COVID-19 pandemic may have changed your view or approach to your business continuity program. The first of these is now live - please take part; the results will be published on Continuity Central at a future date.
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• World
Increased employee fatigue due to remote working is an issue that BC managers need to be aware of
Remote working has been one of the main business continuity strategies employed during the COVID-19 pandemic, but researchers have shown that remote working results in increased fatigue for employees, something which needs to be taken into account and managed.
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• UK / World
Tips to help retailers ensure that Black Friday is secure and incident free
As retailers in many countries plan for this year’s Black Friday and Cyber Weekend under the shadow of various levels of lockdown and COVID-19 restrictions, Continuity Central asked six cyber security experts for their tips for how retailers can continue to safeguard their operations in these unusual times.
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• World
How artificial intelligence video analytics can help businesses comply with COVID-19 restrictions
As restrictions to protect the public from the spread of COVID-19 continue to adapt and change, it is vital to review and assess how social distancing measures can be effectively enforced within business environments. Chris Bishop looks at how AIVA (artificial intelligence video analytics) is proving effective in this area.
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• UK / World
LATEST NEWS
BCI announces the winners of the 2020 Global Awards and Hall of Fame entrants
During a virtual ceremony on November 19th, BCI announced the winners of the 2020 Global Awards, which recognize business continuity and resilience excellence from around the world. Entrants in the BCI Global Awards have all won regional BCI awards during 2020.
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• World
CompTIA issues new guide: ‘The Who, What, Why and How of DDoS Attacks’
Tech association, CompTIA, has made a guide to DDoS attacks available to assist organizations manage this important cause of downtime. ‘The Who, What, Why and How of DDoS Attacks’ has been designed to be useful to people with all types of backgrounds - from those new to the concept all the way to seasoned IT professionals.
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• World
FEMA launches new National Risk Index: helps communities and businesses analyze their natural hazards risks
FEMA has announced the Phase 1 rollout of the National Risk Index, a new online resource that helps highlight locations which are most at risk from natural hazards. The mapping application analyzes risk factors from 18 natural hazards and includes layers for expected annual losses, social vulnerability, and community resilience.
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• US
The Software Engineering Institute launches model for enterprise risk management
The Software Engineering Institute (SEI) has released the latest model in its Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE) suite. The OCTAVE FORTE (OCTAVE For the Enterprise) model for enterprise risk management helps executives and other decision makers understand and prioritize the complex risks affecting their organizations.
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• US / World
Cost of ransomware related downtime nearly doubles since 2019 according to new report
Datto has published its fifth annual Global State of the Channel Ransomware Report, which provides the views of more than 1,000 MSPs on the security posture of small and medium sized businesses (SMBs), along with other notable trends driving ransomware breaches.
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• US / World
75 percent of companies plan to make changes to build more resilient supply chains
BluJay Solutions has released the findings from its third annual supply chain research study in the report, 'Creating Resilience Amid Disruption: Research on How Supply Chains are Changing for Success and Survival'.
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• UK / World
Changing tactics and targets: five ransomware challenges for 2021
Asigra Inc. has identified five ransomware challenges which it expects to impact businesses in 2021, driven in part by an escalation of increasingly sophisticated ransomware attacks globally.
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• World
New paper from Enlighten sets out the ‘three pillars of operational resilience’
Enlighten has released a new paper looking at operational resilience and setting out what it says are the three pillars of operational resilience. The document is focused on Australian organizations but is relevant around the world.
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• Australia / World
Cyber security predictions for 2021: securing the ‘next normal’
Check Point Software Technologies Ltd. has released its cyber security predictions for 2021; detailing the key security challenges that organizations will face over the next year. Check Point’s cyber security predictions for 2021 are broken down into three categories: COVID-19 related developments; malware, privacy and cyber-conflicts; and emerging 5G and IoT platforms…
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• World
ECB announces independent investigation into payments system outage
The European Central Bank (ECB) is launching an independent review of an incident that affected its real-time gross settlement system TARGET2 on 23rd October 2020, causing an outage for almost 10 hours. An initial investigation determined that a software defect in a network device was the specific technical cause of the incident.
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• Europe
Standards Australia consults on risk management and business continuity briefing paper
Standards Australia has published a briefing paper to explore the way forward for risk management and business continuity standards published by the organization. The ‘Risk Management and Business Continuity Sector Briefing Paper’ outlines a proposed plan for activities in this area.
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• Australia
Roundup of October’s major natural disasters around the world
Aon plc has published the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during October 2020.
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• World
Surveys look at the risk environment and how organizations expect it to develop in 2021
During ‘Audit & Beyond’, AuditBoard’s second annual user conference, more than five thousand audit, risk, and compliance professionals virtually convened for two days to discuss the dynamic state of risk in 2020 and its associated challenges. In a series of surveys that AuditBoard conducted throughout the conference sessions, it found that the majority of those surveyed believe risk will continue to be dynamic and unpredictable in 2021 and beyond.
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• World
NEW PRODUCTS AND SERVICES
Zerto develops data protection and disaster recovery capabilities for containerized applications
With containers becoming the go-to choice for production deployment, Zerto has announced the beta program of Zerto for Kubernetes (Z4K), an extension of its Zerto Platform?to support next-generation, cloud native applications. ?
Read the article
• World
Senior Operational Resilience Analyst, UK
Sr. Manager, Business Continuity, Canada
Disaster Recovery Senior Project Manager, Australia
Business Continuity Specialist, US
Global Business Continuity Analyst, US
Business Continuity Advisor, UK
Senior Cyber Incident Business Continuity Specialist, Australia
Business Continuity and Resilience Manager, US
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Your weekly update of business continuity, enterprise risk management and resilience news.
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|
CALL FOR PAPERS |
The people element of business continuity: some lessons from COVID-19
With so many working environments made unavailable as a result of COVID-19, and staff being forced to work remotely for extended periods of time, what lessons have companies learnt about the provisions they had in place, and how might they adapt for the future? With many organizations looking at introducing more flexible working as a permanent solution, the people element of business continuity needs more consideration than ever. Chris Butler explores…
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• UK / World
Collaborating with the competition as a business continuity strategy
Businesses around the world have had to collaborate with competitors in order to survive the COVID-19 pandemic - in some cases they have grown – but sharing excessive amounts of information with rivals comes with risks.
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• UK / World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
Simple steps your IT can take to improve resilience in a world of change
As countries emerge from COVID-19 lockdowns and some companies start to send employees back into offices, there is a unique opportunity for IT operations and resilience to improve and change. What might this look like? John Appleby highlights some quick wins…
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• World
Exploring digital twin technology as a way of managing supply chain risks and resilience
A new paper in the Production Planning & Control journal explores how a digital supply chain twin could be utilized to improve the management of supply chain risks and resilience.
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• World
LATEST NEWS
COVID-19 pandemic underscores importance of IT in business resiliency finds survey
The COVID-19 pandemic has irrevocably changed the way businesses everywhere operate, crystallizing the link between a robust IT infrastructure and business continuity says a new study.
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• World
Swiss Re’s SONAR report highlights emerging risks and trends
Swiss Re has published its 2020 SONAR report, which highlights emerging risks facing businesses, communities, and societies. Despite the current pandemic the report says that the most important emerging risks over the next three years are overstretched cyber security and rising intergenerational imbalances.
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• World
Researchers look at food supply resilience in the face of catastrophic global events
In the midst of the COVID-19 pandemic, we have all become aware of how a global crisis can affect our access to food. But imagine the food security impacts of an even worse scenario - an all-out nuclear war, a large asteroid strike, or a super volcano eruption.
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• US / World
2020 Cyberthreat Defense Report findings show a rise in Zero Trust
The CyberEdge Group has published its seventh annual Cyberthreat Defense Report in partnership with Gigamon. The in-depth report reveals how IT security professionals perceive the security posture of their organizations, the challenges they face in establishing effective cyber threat defences / defenses, and the plans they have to overcome these challenges.
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• US / World
Many organizations are taking security risks when supporting work from home
Bitglass has released its 2020 Remote Work Report, which analyses how organizations have adjusted to support remote workers amidst the COVID-19 pandemic.
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• World
WHO highlights another emerging future health-related crisis: antimicrobial resistance
The World Health Organizations says that a record number of countries are now monitoring and reporting on antibiotic resistance. This is a major step forward in the global fight against drug resistance but is highlighting that ‘a worrying number of bacterial infections are increasingly resistant to the medicines at hand to treat them’.
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• World
COVID-19 is acting as a catalyst for digital transformation finds survey
New research conducted by Censuswide on behalf of Citrix Systems, shows that many organizations are accelerating their digital transformation efforts to accommodate the more flexible ways of working that employees will demand even after the pandemic subsides.
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• Various
A Resilience Guide for Our New World: a new publication from Resilience First
The UK business resilience organization, Resilience First, has published ‘A Resilience Guide for Our New World’, a new route map for businesses to strategically find ways out of the COVID-19 crisis.
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• UK
BCI announces the winner of the Business Continuity Awareness Week blog competition
The BCI has announced that a blog by Juliana Richardson AMBCI, Emergency Management and Business Continuity Officer, London Borough of Camden, has won the BCAW 2020 blog competition.
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• UK / World
Insurance: Marsh report makes case for public-private pandemic risk solution
Marsh has published a new report that makes the case for a public-private pandemic risk solution to meet post-lockdown insurance needs.
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• World
US National Governors Association releases guidance on managing natural disasters during pandemic conditions
The National Governors Association (NGA) has published ‘Planning for Concurrent Emergencies’, a memo outlining best practices for managing natural disasters during pandemic conditions, which create additional challenges in evacuation and sheltering protocols, as well as financial and logistical complications for states.
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• US
New Ebola outbreak occurs in Democratic Republic of the Congo city of Mbandaka
The World Health Organization is assisting the Democratic Republic of the Congo (DRC) to respond to a new Ebola outbreak in the city of Mbandaka in the northwest of the country. There have been six confirmed Ebola cases in Mbandaka, with five deaths resulting.
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• Africa
NEW PRODUCTS AND SERVICES
BSI publishes UK Safe Working Guidelines to help organizations protect staff and customers from COVID-19
BSI, in its role as the UK’s National Standards Body, has published new safe working guidelines to help businesses manage a safe return to work from COVID-19 lockdowns.
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• UK
Groupdolists releases new features to make all communication threads auditable during crisis response
Groupdolists has announced the release of a new fully integrated mobile and web text and voice chat module. This capability was developed in response to customer and prospect requests expressing challenges around mandated compliance and auditability of general-purpose direct messaging platforms during incidents.
Read the article
• US / World
COMPANIES AND MARKETS NEWS
Disaster Recovery Journal launches virtual option for DRJ Fall 2020
The Disaster Recovery Journal (DRJ) has officially announced that the DRJ Fall 2020 conference will provide a virtual option in addition to the in-person conference, which will take place between September 28th and October 1st in Phoenix, Ariz., US.
Read the article
• US
Business Continuity Manager, UK
Sr Principal Business Resiliency Analyst, US
Senior Business Continuity Analyst, US
Business Continuity Manager, US
Business Segment Business Continuity Manager, US
Manager-Business Continuity & Threat Assessment, US
Resilience Advisor - Business Continuity, UK
Strategic Emergency and Business Continuity Management Coordinator, Australia
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing680.html
|
CALL FOR PAPERS |
How could using Agile project management techniques change the way we conduct BIAs?
While there is no general definition for ‘Agile' project management, it can be seen as using a collection of lightweight approaches and methods in order to handle complex challenges. Benedict Gross believes that some of those concepts can be transferred to business continuity management; and to the BIA in particular.
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• World
Understanding the tradeoffs: not all SQL Server DR options are the same
There are various options for SQL Server disaster recovery but each comes with its own tradeoffs and you need to understand the nature of these in order to select the approach that’s best for your organization. Dave Bermingham offers some help with this area…
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• World
Debunking six disaster recovery automation myths
As disaster recovery automation has developed so have various viewpoints about constraints which hold back organizations when attempting to use this approach. Here Chandrasekar S highlights ‘six DR automation myths’ and explains why they are misconceptions.
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• World
Looking beyond the pandemic – how security and continuity strategies may change
Businesses are facing unprecedented pressure amidst the current global pandemic, and while most will be focussed on surviving through COVID-19, it is also vitally important for organizations to consider what their security and continuity strategies will look like post-pandemic. Continuity Central spoke to six technology executives for their thoughts on this.
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• UK / World
‘A Likert Scale-Based Model for Benchmarking Operational Capacity, Organizational Resilience, and Disaster Risk Reduction’
A new short paper has been published in the International Journal of Disaster Risk Science by a research group at the Institute for Risk and Disaster Reduction at University College London, in collaboration with the Universidad Nacional Autónoma de México.
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• World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
LATEST NEWS
Social distancing guidelines are based on old information and ignore submicron aerosols say researchers
Scientists from the American Association for the Advancement of Science have published a new Perspective which highlights that WHO social distancing guidelines to help control COVID-19 are based on studies of respiratory droplets carried out in the 1930s and do not account for submicron aerosols.
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• World
IOSCO consults on new outsourcing principles to ensure operational resilience
The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on proposed updates to its principles for regulated entities that outsource tasks to service providers.
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• World
BC Management publishes its 2020 Compensation Report
Since 2001 BC Management has been gathering data on business continuity management programs and compensations to provide professionals with the information they need to elevate their programs and careers. This has resulted in an annual Compensation Report; and the 2020 edition of this is now available.
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• World
Three emerging societal risks that organizations should be aware of as lockdowns relax
International SOS has experienced a large rise in COVID-19 related physical security cases during the pandemic. The company has analysed trends related to this increase and is highlighting three emerging societal challenges that may impact organizations.
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• World
FERMA asks the European Commission to consider the creation of an EU resilience framework for catastrophic risks
The Federation of European Risk Management (FERMA) has called on the European Commission to create an EU resilience framework for catastrophic risks to ‘address the severe shortage of business interruption insurance without physical damage (NDBI)’.
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• Europe
NOAA forecasts an active 2020 Atlantic hurricane season
An above-normal 2020 Atlantic hurricane season is expected, according to forecasters with NOAA’s Climate Prediction Center, a division of the US National Weather Service. The outlook predicts a 60 percent chance of an above-normal season, a 30 percent chance of a near-normal season and only a 10 percent chance of a below-normal season.
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• US
BCI launches Competency Framework for professional standards
The BCI has announced the launch of the BCI Competency Framework, which have been developed to complement the long-established Good Practice Guidelines (GPG).
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• World
The return from lockdown: seven risk and compliance considerations for distributed workforces
NAVEX Global has provided a checklist of seven key considerations for business leaders and decision makers preparing their organizations for a return to work after COVID-19 lockdowns.
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• World
Zerto survey looks at organizational backup and recovery capabilities
According to new Zerto research, a significant number of organizations do not back up their data or test their business continuity and disaster recovery (BC/DR) capabilities with enough frequency.
Read the article
• US / World
Is the Chinese route out of lockdown one for the UK to follow?
Resilience First has highlighted a series of key points that emerged from the latest in a series of webinars it hosted focusing on the response to COVID-19.
Read the article
• UK
Global Threat Intelligence Report: cyber criminals innovate to develop faster and automated attacks
NTT Ltd, has published its 2020 Global Threat Intelligence Report (GTIR), which reveals that despite efforts by organizations to layer up their cyber defences, attackers are continuing to innovate faster than ever before and automate their attacks.
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• World
The 2020 FM Global Resilience Index published: identifies the countries best positioned for post-pandemic business recovery
Resilience is never more critical than in a world shocked by pandemic, and the top-ranked countries in the 2020 FM Global Resilience Index possess strong foundations for a robust rebound.
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• World
World Economic Forum publishes report looking at how COVID-19 risks may develop
‘Prolonged global recession’, ‘high unemployment’, ‘another outbreak of infectious disease’, and protectionism dominate the list of near-term worries for companies, according to the World Economic Forum’s new report, COVID-19 Risks Outlook: A Preliminary Mapping and Its Implications.
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• World
Verizon issues its Business 2020 Data Breach Investigations Report
The Verizon Business 2020 Data Breach Investigations Report (2020 DBIR) shows that organized crime is behind a high number of successful cyber attacks.
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• World
BCI announces the winners of the 2020 European Awards
The BCI’s annual European Awards were announced virtually last week via Twitter rather than in the usual awards ceremony. The winners of the awards were…
Read the article
• Europe / UK
Power grid executives share their future resilience challenges
The sixth edition of Accenture’s Digitally Enabled Grid research, based on a survey of more than 200 electric utility executives in 28 countries on five continents, has been published.
Read the article
• Various
NEW PRODUCTS AND SERVICES
Enterprise contact tracing platform launched to protect workers and minimise business downtime
To protect workers and aid productivity, Ubisense, a global provider of real-time location intelligence solutions, has launched a new enterprise COVID-19 contact-tracing solution for businesses.
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• World
ExtraHop introduces Reveal(x) 360 for unified threat visibility and control across on-premises, cloud, and IoT deployments
ExtraHop has announced the general availability of Reveal(x) 360, claimed to be the first SaaS-based network detection and response (NDR) solution providing on-demand, unified visibility across multicloud and hybrid workloads, as well as distributed workforces and operations.
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• World
COMPANIES AND MARKETS NEWS
Airmic announces virtual ‘risk festival’ to take place in September
Airmic, the UK association for risk and insurance professionals, has announced that it will be hosting a ‘major three-day virtual festival’ in September for risk and insurance professionals and the wider risk and insurance community.
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• UK
Arcserve and Sophos expand alliance to unveil fully integrated cyber and data protection
Arcserve, LLC, has announced an expansion of its existing alliance with Sophos to introduce cyber and data protection for infrastructures with on-premises, cloud, and SaaS-based workloads.
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• World
Market survey reveals that software-defined storage is now a standard technology in modern IT departments
DataCore Software has announced the findings of its eighth consecutive market survey, ‘Storage Diversity Seen as Imperative to IT Modernisation Efforts’, which explores the data storage industry’s needs and thoughts regarding technology maturity, 2020 budget planning, current and future deployment plans and more.
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• World
Five BC and DR roles from BC Management, US
Senior Analyst - Operational Risk Management, Canada
Disaster Recovery Coordinator, Australia
Emergency Management Planner, US
Business Continuity Analyst, US
Risk and Business Continuity Manager, UK
Resilience Analyst, UK
IT Disaster Recovery Coordinator, US
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The health and public sectors have been at the frontline of the COVID-19 pandemic response, and feedback has pointed to community communication being one of the common difficulties experienced by these organizations.
Crisis communications expert, Dave Mason, recently supported a UK National Health Service (NHS) organization that needed to handle high-profile coronavirus stories in the media, changes to operations and reassuring communities. Part of this process was ensuring the organization was capable of communicating quickly and successfully with a wide range of stakeholders, users, and the local community.
In this webinar, Dave, supported by Steve Hodgson, a business continuity consultant for Clearview, will explore the topic of community communication during a crisis and explain what needs to be in place to ensure that your response can be both rapid and successful.
Areas covered will include:
Link to register: https://attendee.gotowebinar.com/register/8941408185747022863?source=CC
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This newsletter highlights all the feature articles published on Continuity Central during October 2020, as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupnov2020.html
FEATURE ARTICLES
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The BC Scorecard Builder |
Probability of events: a theoretical application of the VRPD function to organizational processes
In a previous Continuity Central article, Alejandro Aristizábal Correa looked at ways to calculate the probability of events and introduced the Variable-Rate Probability Distribution (VRPD) theorem. In this article he shows how the VRPD concept can be used in practice by business continuity managers.
Read the article
• World
Getting started with operational resilience
Many organizations are currently starting to move towards operational resilience. In this article Patrick Potter looks at what operational resilience is, how it differs from business continuity, and the initial steps that organizations should take to implement it.
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• World
Expectations of a superhuman incident response
COVID-19 has shown organizations that sometimes change can be forced upon us in ways that it would be impossible to predict. Petra Morrison says that there are various superpowers which exist in most organizations which can provide the necessary agility to respond - if they are brought together.
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• UK / World
What to look for in a next generation privileged access management solution
A security breach of a privileged account is a nightmare that organizations hope they will never need to respond to. Alan Radford explains how next generation privileged access management (PAM) solutions provide assurance in this area; and what such a PAM should include.
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• World
HA protection for SQL Server critical applications: the human factor
Sandi Hamilton looks at the importance of considering the human factor when planning and managing high availability environments for critical applications such as SQL Server. She considers inherent organizational issues which result in continuity gaps and discusses the communication and documentation practices that can reduce failures.
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• World
A South African perspective on dealing with COVID-19
Every country has had a different approach to managing COVID-19 but South Africa’s approach has been different to many. This article provides an overview and looks at some implications and learning points from a business continuity point of view.
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• Africa / World
Addressing the risks related to unstructured data through the use of object stores
Unstructured data is proliferating, overwhelming traditional storage architectures and creating both compliance and recovery risks. Matthew Dewey explains why object storage is a promising storage option to help organizations deal with the issue.
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• World
In a remote work world, it’s time to move past VPN
In the initial rush to rapidly increase remote working as a business continuity measure to respond to the COVID-19 pandemic many organizations deployed an expansion of their Virtual Private Network (VPN). However now is the time to consider better solutions says Brad Peterson.
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• World
New research finds aggressive US growth in ransomware, reductions elsewhere
SonicWall Capture Labs threat researchers have published third-quarter threat intelligence collected by the company’s more than 1 million global security sensors. Year-to-date findings through to the end of September 2020 highlight regional variations in ransomware usage trends, while overall malware volume declined for the third consecutive quarter.
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• World
Many organizations are failing to manage high-risk vulnerabilities
Positive Technologies (PT) performed instrumental scanning of the network perimeter of selected corporate information systems. A total of 3,514 hosts were scanned, including network devices, servers, and workstations. The results show the presence of high-risk vulnerabilities at most companies.
Read the article
• World
2020 Trustwave Data Security Index report finds that perceived threats do not match actual incidents
Trustwave has released the 2020 Trustwave Data Security Index report which shows how technology trends, compromise risks, and regulations are shaping how organizations’ data is stored and protected.
Read the article
• Various
Cyber attacks becoming more sophisticated, targeted, widespread and undetected says ENISA
ENISA, the European Union Agency for Cybersecurity, has published the 8th annual ENISA Threat Landscape (ETL) report, identifying and evaluating the top cyber threats for the period January 2019-April 2020.
Read the article
• Europe
Three quarters of UK consumers won’t shop with a organization which has experienced a successful cyber attack
With shoppers looking ahead to the busy festive season, PCI Pal, the global provider of cloud-based secure payment solutions, has released a new study that shows data security concerns will influence how and where people make their purchases this year.
Read the article
• UK
New BCI report looks at ‘Technology & Business Continuity in Organizational Resilience’
The BCI has published its latest thought leadership report, which looks at how business continuity professionals should work with their counterparts in IT and/or cyber security to increase resilience across the organization.
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• World
RIMS report looks at why organizations are moving from ERM to strategic risk management
For the past 30 years, enterprise risk management (ERM) programs have helped organizations proactively identify and address risks, however, many times it provides limited insight into strategy and strategic risks, according to a new RIMS report, ‘Pivoting from ERM to SRM’.
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• US / World
NIST publishes guide to integrating cyber security and enterprise risk management
The US NIST has released a new publication, ‘NISTIR 8286, Integrating Cybersecurity and Enterprise Risk Management (ERM)’. This aims to promote greater understanding of the relationship between cyber security risk management and ERM, and the benefits of integrating those approaches.
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• US / World
New study shows that agility is one of the keys to resilience
Businesses that have embedded agility into their organizational and decision-making structures are proving more adaptable and resilient in the face of COVID-19 and are bouncing back better than their competitors.
Read the article
• UK / World
59 percent of financial services companies suffered application downtime as a result of a DNS attack over the past year
EfficientIP has published survey results that show that organizations in the financial services sector suffer the highest cost per DNS attack, compared to organizations in other industries.
Read the article
• World
How effective has business continuity management been during the COVID-19 pandemic?
A new report written by Denis Ziga from Controllit AG presents the results of a survey of business continuity professionals looking at how business continuity has performed in helping their organizations manage COVID-19 pandemic impacts.
Read the article
• World
DHS Homeland Threat Assessment highlights key risks
The US Department of Homeland Security has published its 2020 Homeland Threat Assessment (HTA), which brings together threat information from across the DHS, including intelligence and operational components.
Read the article
• US
Roundup of September’s natural disasters
Aon has released the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred around the world during September 2020.
Read the article
• World
Non-native disaster recovery and backup solutions adversely affect RTOs and RPOs for container-based applications
Zerto has published the key findings of a co-sponsored ESG survey and eBook entitled ‘Data Protection Trends and Strategies for Containers’. As containers continue to rise in popularity, organizations need to understand that they are uniquely designed and consequently require a specialised data protection strategy.
Read the article
• US / World
Why measuring the cost of downtime is important for your organization
Almost a quarter of organisations are still unable to determine what IT downtime costs their business. This is according to new research conducted by Databarracks.
Read the article
• UK
2020 Travelers Risk Index finds fewer US companies are taking steps to mitigate cyber threats
The Travelers Companies, Inc. has announced the results of the 2020 Travelers Risk Index, which found that fewer companies than last year have taken steps to mitigate cyber risks, even though the level of concern about these threats has increased during the COVID-19 pandemic.
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• US
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COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
Indoor precautions are essential to stem airborne COVID-19 say researchers
Researchers are urging health authorities to immediately recognise the role of airborne transmission of COVID-19 virus droplets from an infected person beyond 1.5m in order to stem the disease's spread.
Read the article
• World
A game changer for the next influenza pandemic?
The antiviral drug, baloxavir (tradename Xofluza), is the first treatment for influenza with a new mode of ‘action’ to be licensed in nearly 20 years: now a new research paper shows how it could be ‘a game changer’ when it comes to the next influenza pandemic.
Read the article
• World
Trust, not surveillance, is the key to a successful and resilient home working environment
Businesses must implement a policy of trust rather than surveillance and monitoring when managing remote teams through the COVID-19 pandemic, according to insight from talent acquisition specialist, Guidant Global.
Read the article
• UK / World
Survey finds widespread concern over cloud security risks during the COVID-19 pandemic
As many organizations have been forced to make a rapid shift to work-from-home to help stem the spread of COVID-19, a significant percentage of IT and cloud professionals are concerned about maintaining the security of their cloud environments during this period. The findings are a part of the State of Cloud Security survey conducted by Fugue.
Read the article
• US / World
Telematics company records spike in commercial vehicle theft
Radius Telematics has seen a big increase in the thefts of commercial vehicles and plant since the COVID-19 lockdown. With many offices, factories and construction sites shut, thieves appear to be taking advantage of unattended locations.
Read the article
• UK / World
Risk management experts discuss COVID-19 and its impacts on risk management, resilience and business continuity
In an interview-style article, experts from the Institute of Operational Risk and Institute of Risk Management discuss COVID-19 and how the risk management profession is reacting.
Read the article
• World
Academics warn that the COVID-19 pandemic is a symptom of systemic issues in human society
While the world is focused on fighting the COVID-19 pandemic, scientists from the Singapore University of Technology and Design are warning that it is important not to lose sight of the causes of the pandemic. They suggest that COVID-19 is ‘more than just a virus, but rather a symptom emerging from something much deeper - a nonlinear dynamical system of coupled pathologies underlying a veneer of progress in an increasingly fragile, volatile, hyperconnected world.’
Read the article
• World
Increase in remote working and COVID-19 related threats ‘creating perfect storm of security challenges for organizations’
Check Point has announced findings from a new survey, conducted by Dimensional Research, examining the COVID-19 pandemic’s impact on enterprise security. The findings show that the rapid changes to enterprise working practices, and broader concerns about the pandemic, are both being exploited by cyber criminals as they step up their attacks, generating a raft of new challenges for security professionals.
Read the article
• World
Closing workplace facilities creates new risks says FM Global
As companies close offices, plants and warehouses to reduce COVID-19 spread, other risks are emerging at these now-idle facilities, warns FM Global.
Read the article
• US / World
Enterprise risk managers are finding that COVID-19 is resulting in less engagement with the company board
A Gartner survey of more than 900 audit and risk leaders on March 27th 2020 has found that most of their focus is on assessing the impact of COVID-19 on organizational operations and controls, as well as revising and executing the company audit plan.
Read the article
• US / World
International Labour Organization outlines catastrophic effect of COVID-19
The COVID-19 pandemic is having a catastrophic effect on working hours and earnings, globally. A new ILO report highlights some of the worst affected sectors and regions, and outlines policies to mitigate the crisis.
Read the article
• World
Research shows that views on what constitutes ‘data protection’ varies between organizations and sectors
New research from Infrascale, based on a survey of more than 500 C-level executives in small and medium sized businesses, has highlighted that data protection means different things to different people and data protection priorities depend upon an individual’s unique experiences and position.
Read the article
• World
2020 Cyber Security Breaches Survey results published by UK Government
The UK Department for Digital, Culture, Media & Sport has released the results of the annual survey of cyber security breaches across UK organizations. The Government surveyed UK businesses and charities to find out they approach cyber security and help Government learn more about the cyber security issues faced by industry.
Read the article
• UK
Network misconfiguration risks and how to avoid them
Network misconfigurations not only can cause downtime they can be serious security threats. Avivi Siman-Tov discusses the misconfiguration errors that plague businesses and what strategies they can use to prevent them.
Read the article
• World
Human impacts on business continuity: how to create a workplace culture that manages stress
BCI’s latest Horizon Scan Report found that health incidents have replaced IT and telecom outages as the leading cause of disruption for organizations over the past twelve months. Workplace stress is a major contributor to health incidents and, in this article, CABA, the wellbeing charity, shares advice on creating cultures that help to manage stress in the workplace.
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• UK / World
Data overload is creating a threat for UK businesses
More than half (51 percent) of senior decision-makers among UK businesses feel overwhelmed by the data generated within their organization, a number that rises to 61 percent among those working in larger companies with over 1,000 employees, according to new research from InterSystems.
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• US / World
One-third of financial firms lack clear plan to address privacy risks
One-third of financial services organizations lack a clear plan or the resources to address privacy risks related to customer data in the next 12 months, according to a new report by Accenture.
Read the article
• US / UK / Europe
AICPA launches new supply chain risk management reporting framework
To help manufacturers, producers, distribution companies and their customers and business partners identify, assess and address supply chain risks, the American Institute of CPAs (AICPA) has launched ‘SOC for Supply Chain’, a new risk reporting framework.
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• US / World
Critical data protection steps you may be missing
If it sometimes feels like cyber threats are approaching your organization from all angles, it’s because they are. To protect yourself, you need to secure as many threat vectors as possible. Andy Swift highlights two critical data protection steps everyone should take, and yet many organizations seem to miss.
Read the article
• UK / World
Survey highlights the reputational and business risks associated with IT failures
New research into the reaction of customers to IT and technical failures in UK banking services shows the wider impact that IT failures can have on business stakeholders.
Read the article
• UK
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This newsletter highlights all the feature articles published on Continuity Central during April 2020, as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupmay2020.html
FEATURE ARTICLES
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
Remote working: lifeline or a tightrope?
As we look ahead from COVID-19 pandemic response to recovery where does remote working fit in? Chris Butler looks at some business continuity considerations as organizations consider the future ‘new normal’.
Read the article
• UK / World
Enterprise security and the resurgence of ransomware
A recent resurgence in ransomware has seen it shoot right back to the top of the cyber crime list. While much of this resurgence can be attributed to the arrival of new ransomware mutations, another factor seems to be playing a major role as well; the growth of cyber insurance. Jan van Vliet explains…
Read the article
• World
|
Webinar: Guidelines for Shifting from Response to Recovery Tuesday, May 5th @ 10am EST As organizations shift their COVID-19 preparedness mindset to what’s coming next, this webinar will look at the logistics of moving from response to recovery, consider what the 'new normal' will be, and look at the considerations for organizations when planning to restart operations. More details and signup |
Has BCM protected shareholder value in the COVID-19 outbreak?
Patrick Roberts looks at whether firms that have adopted good practice in business continuity management (BCM) suffered less impact on their share prices during the initial stage of the COVID-19 outbreak than those that haven’t.
Read the article
• UK / World
The benefits that IoT can bring to pandemic response
Paul Marshall explores the specific benefits that the Internet of Things (IoT) can have on mitigating the impact of the current pandemics and looks at what innovation needs to be adopted to ensure the world is prepared, should it happen again.
Read the article
• World
Pandemic response and recovery: a CEO’s perspective
Jon Ezrine highlights lessons that CEOs can learn from the COVID-19 pandemic, which will help businesses emerge in a stronger position when the outbreak subsides and organizations face a new business ’normal’.
Read the article
• World
Ensuring business continuity in a remote working environment
The rush to remote working as organizations responded to COVID-19 lockdowns and other restrictions may have resulted in business continuity and cyber security taking a back-seat. Mick Bradley highlights areas that need to be considered and makes some recommendations.
Read the article
• World
Indoor precautions are essential to stem airborne COVID-19 say researchers
Researchers are urging health authorities to immediately recognise the role of airborne transmission of COVID-19 virus droplets from an infected person beyond 1.5m in order to stem the disease's spread.
Read the article
• World
Initial lessons from the COVID-19 business continuity response
Although the crisis is still unfolding, it’s already clear that building resilience into your organizational DNA is more important than ever. Michael Davies, CEO of ContinuitySA says this is one of the clear lessons from the COVID-19 response so far.
Read the article
• Africa / World
Risk management experts discuss COVID-19 and its impacts on risk management, resilience and business continuity
In an interview-style article, experts from the Institute of Operational Risk and Institute of Risk Management discuss COVID-19 and how the risk management profession is reacting.
Read the article
• World
COVID-19: riding the second wave of the pandemic
At some point governments across the world are going to have to start taking some very tricky decisions as to when to ease the COVID-19 lockdown. But when that happens will the virus stage a vicious comeback? Jim Preen looks ahead…
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• UK / World
Ensuring security throughout the customer lifecycle
It is important during the current COVID-19 crisis that organizations don’t take their eye of the data privacy and protection ball. This article by Chris Mullaney will discuss how businesses can ensure enterprise-grade data protection during the customer communications cycle.
Read the article
• World
How safe is using Zoom for video conferencing?
One of the impacts of the COVID-19 pandemic is the rapid uptake in the use of video conferencing, especially the Zoom platform. Recently questions have been asked about how secure Zoom is. Here, Elliott Thompson gives his view on what the real risk of using Zoom is and offers tips to mitigate.
Read the article
• World
Academics warn that the COVID-19 pandemic is a symptom of systemic issues in human society
While the world is focused on fighting the COVID-19 pandemic, scientists from the Singapore University of Technology and Design are warning that it is important not to lose sight of the causes of the pandemic. They suggest that COVID-19 is ‘more than just a virus, but rather a symptom emerging from something much deeper - a nonlinear dynamical system of coupled pathologies underlying a veneer of progress in an increasingly fragile, volatile, hyperconnected world.’
Read the article
• World
Survey shows that COVID-19 response is putting cyber security under pressure
(ISC)² – the non-profit association of certified cyber security professionals – has released the findings of a survey in which cyber security professionals shared insights into their current work situations during the first several weeks of the COVID-19 pandemic.
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• World
Nearly two-thirds of companies report disruptions to network security business practices due to sudden shift to work-from-home model
Nearly two-thirds (64 percent) of companies experienced at least moderate disruptions to their network security business practices – and nearly a quarter (23 percent) experienced major disruptions – due to the sudden shift to a work-from-home model as a result of the COVID-19 pandemic.
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• World
Survey finds gaps in security visibility during large-scale shift to remote work
ExtraHop has announced the results of a SANS Institute survey, Network Visibility and Threat Detection. According to the report, more than 64 percent of respondents reported suffering at least one successful attack within the last year and 59 percent believe a lack of network visibility poses a high or very high risk to their operations.
Read the article
• World
Over half of organizations expect remote workers to be a data breach vector
More than half (57 percent) of UK IT decision makers believe that remote workers will expose their organization to the risk of a data breach, according to an annual survey – conducted between 25 and 27 March 2020 – commissioned by Apricorn.
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• UK
EY survey shows that even before COVID-19 nearly 80 percent of board members felt unprepared for a major risk event
According to the Global Board Risk Survey, conducted by Ernst & Young LLP (EY US) before the COVID-19 outbreak, only 21 percent of board members believed their organizations were very prepared to respond to an adverse risk event from a planning, communications, recovery and resilience standpoint.
Read the article
• Various
Fourth Annual Global State of the WAN Report reveals top challenges
Aryaka has published its Fourth Annual Global State of the WAN report, a global survey exploring the challenges and opportunities presented to IT network managers around their wide area network (WAN).
Read the article
• World
New survey shows the impacts of home working on UK productivity
A new UK-based survey into the experience of home working shows that 37 percent are finding it increasingly difficult to work from home. The survey of 2,000 people, commissioned by Moneypenny, showed that a further 6 percent said they don’t feel they can work from home any longer while 52 percent said they have got used to home working.
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• UK
DDoS attacks in Q1 2020: average bandwidth of attacks increasing
Link11 has released its Q1 2020 DDoS Report, revealing that the volume and complexity of attacks continued to grow in the first quarter of 2020.
Read the article
• World
Extreme coastal flooding events in the US expected to rise due to climate change
Extreme flooding events in some US coastal areas could double every five years if sea levels continue to rise as expected, a study published in Scientific Reports suggests. Today's 'once-in-a-lifetime' extreme water levels - which are currently reached once every 50 years - may be exceeded daily along most of the US coastline before the end of the 21st century.
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• US
American Institute of Architects publishes the ‘Architect’s Guide to Business Continuity’
The American Institute of Architects (AIA) has developed a new business continuity resource for firms operating in the architecture vertical. The ‘Architect’s Guide to Business Continuity’ provides companies with ‘insights into managing staff, premises, technology, information, supply chains, stakeholders, and reputation so a firm can continue to provide services, generate revenue, and reduce the consequences of business interruption’.
Read the article
• US / World
Trust, not surveillance, is the key to a successful and resilient home working environment
Businesses must implement a policy of trust rather than surveillance and monitoring when managing remote teams through the COVID-19 pandemic, according to insight from talent acquisition specialist, Guidant Global.
Read the article
• UK / World
Survey finds widespread concern over cloud security risks during the COVID-19 pandemic
As many organizations have been forced to make a rapid shift to work-from-home to help stem the spread of COVID-19, a significant percentage of IT and cloud professionals are concerned about maintaining the security of their cloud environments during this period. The findings are a part of the State of Cloud Security survey conducted by Fugue.
Read the article
• US / World
Gartner survey sees indication that higher levels of home working are here to stay
A Gartner survey of 229 HR leaders on April 2nd revealed that many workers are planning to work remotely more often in the future. Currently nearly 50 percent of organizations report that 81 percent or more of their employees are working remotely during the COVID-19 pandemic.
Read the article
• US / World
Telematics company records spike in commercial vehicle theft
Radius Telematics has seen a big increase in the thefts of commercial vehicles and plant since the COVID-19 lockdown. With many offices, factories and construction sites shut, thieves appear to be taking advantage of unattended locations.
Read the article
• UK / World
Increase in remote working and COVID-19 related threats ‘creating perfect storm of security challenges for organizations’
Check Point has announced findings from a new survey, conducted by Dimensional Research, examining the COVID-19 pandemic’s impact on enterprise security. The findings show that the rapid changes to enterprise working practices, and broader concerns about the pandemic, are both being exploited by cyber criminals as they step up their attacks, generating a raft of new challenges for security professionals.
Read the article
• World
Closing workplace facilities creates new risks says FM Global
As companies close offices, plants and warehouses to reduce COVID-19 spread, other risks are emerging at these now-idle facilities, warns FM Global.
Read the article
• US / World
Enterprise risk managers are finding that COVID-19 is resulting in less engagement with the company board
A Gartner survey of more than 900 audit and risk leaders on March 27th 2020 has found that most of their focus is on assessing the impact of COVID-19 on organizational operations and controls, as well as revising and executing the company audit plan.
Read the article
• US / World
International Labour Organization outlines catastrophic effect of COVID-19
The COVID-19 pandemic is having a catastrophic effect on working hours and earnings, globally. A new ILO report highlights some of the worst affected sectors and regions, and outlines policies to mitigate the crisis.
Read the article
• World
Survey finds that two-fifths of organizations suffered data loss related downtime last year
Acronis has published the results of a survey that shows that 42 percent of companies experienced a data loss event that resulted in downtime in 2019.
Read the article
• World
Working from home for long periods of time can lead to ‘panic working’
Organizations need to be aware of a phenomenon called ‘panic working’ amongst employees who are working from home due to the COVID-19 restrictions says Dr. Ali Fenwick, Professor of Organizational Behaviour at Hult International Business School in Dubai.
Read the article
• Middle East / World
SHRM surveys look at the impacts of COVID-19 lockdown on US small businesses
Half of America’s small businesses can’t afford to pay employees for a full month under the current economic lockdown meant to slow the spread of the COVID-19 pandemic.
Read the article
• US
Research shows that views on what constitutes ‘data protection’ varies between organizations and sectors
New research from Infrascale, based on a survey of more than 500 C-level executives in small and medium sized businesses, has highlighted that data protection means different things to different people and data protection priorities depend upon an individual’s unique experiences and position.
Read the article
• World
How fit for purpose are VPNs for enterprise remote access?
PortSys has highlighted security and capability gaps that it believes exist in the VPNs that many organizations around the world are now using for business continuity due to the COVID-19 pandemic.
Read the article
• US / World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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Your monthly update of ICT continuity news and information
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/ictnewssept2020.html
Are you practicing good cyber hygiene? How to clean up your security approach
We hear a lot about good hygiene these days, especially when it comes to personal hygiene. In fact, hygiene has never been more important as a way to protect ourselves and our families. The same is true for protecting an enterprise’s data assets says Dan Garcia.
Read the article
• World
‘Cascading Failures in Internet of Things: Review and Perspectives on Reliability and Resilience’
Interactions and dependencies between IoT devices can result in cascading failures. A new paper published by the IEEE Internet of Things Journal explores this area and looks at resilience measures.
Read the article
• World
Four tips on how to stay resilient when migrating to hybrid multicloud
Many organizations are turning to hybrid multicloud environments to help ensure that resilience is maintained and enhanced in this period of accelerated digital transformation. Andrea Sayles highlights four areas that organizations need to consider in their migration to hybrid multicloud.
Read the article
• World
Moving towards a cloud-first strategy? Disaster recovery is a good first step...
Taking disaster recovery operations to the cloud is a good first step in the journey towards becoming a ‘cloud-first’ organization says Gijsbert Janssen van Doorn, highlighting three potential routes to achieve cloud DR.
Read the article
• World
Why hybrid cloud with data tape storage can offer the best of all worlds
Chris Kehoe, Head of Infrastructure Engineering at FUJIFILM Recording Media U.S.A., Inc. makes the case for including tape alongside cloud to strengthen data protection strategies.
Read the article
• World
Researchers discover that one in three IT environments are vulnerable to Ripple20 threat
ExtraHop has issued a report warning of the potential impact of Ripple20 vulnerabilities if affected software goes undetected and unpatched. Analyzing data across its customer base, ExtraHop threat researchers found that 35 percent of IT environments are vulnerable to Ripple20.
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• World
Collaboration between various state cyber agencies results in comprehensive technical guidance for incident response
A joint advisory has been issued which presents the result of a collaborative research effort by the cyber security authorities of Australia, Canada, New Zealand, the UK, and the US. It highlights technical approaches to uncovering malicious activity and includes mitigation steps according to best practices.
Read the article
• Various
61 percent of companies have experienced an insider attack over the last year says report
Bitglass has released its 2020 Insider Threat Report, which looks at the state of enterprise security as it pertains to insider threats. Bitglass partnered with a cyber security community and surveyed IT professionals to understand how their businesses balance budgetary and data protection concerns while defending against insider threats.
Read the article
• US / World
New global ransom DDOS campaign targets organizations in finance, travel, and e-commerce
Since the middle of August, Radware has been tracking several extortion requests from threat actors. Letters are being delivered via email and typically contain victim-specific data such as Autonomous System Numbers (ASN) or IP addresses of servers or services they will target if demands are not fulfilled.
Read the article
• US / World
Many businesses did not evaluate business continuity risks for cloud services prior to switching to remote working
New research from Databarracks shows that just 46 percent of UK organizations surveyed had evaluated their business continuity risks for cloud services compared with on-premises IT in the months before widespread remote working – and the accompanying growth in the use of cloud applications – began.
Read the article
• UK
DDoS-for-hire threat landscape continues to grow
Radware has highlighted the continued growth of the DDoS-for-hire industry, despite global efforts in the last two years from law enforcement agencies, independent researchers and corporations to curb growth through a series of takedowns and arrests.
Read the article
• World
‘Clearing the Cloudiness of SaaS: A SaaS Continuity Control Certification Framework’
A Masters thesis by N.P. Xavier from the Utrecht University Faculty of Science looks at the requirement for maintaining the continuity and availability of SaaS applications and proposes a certification framework.
Read the article
• Europe / World
COVID-19 resilience requirements resulted in digital transformation being fast-tracked finds new research
The COVID-19 pandemic has accelerated the rate of digital transformation taking place within UK businesses, new research from Studio Graphene has found.
Read the article
• UK / World
Research demonstrates enterprises must adapt to address telework security challenges
Fortinet has published its 2020 Remote Workforce Cybersecurity Report, which investigates the cyber security challenges that organizations faced as a result of the dramatic shift to telework early in 2020 and the planned investments to secure remote work going forward.
Read the article
• US / World
Survey highlights significant business impacts related to Active Directory outages and attacks
Semperis, has announced the availability of its 2020 study ‘Recovering Active Directory from Cyber Disasters’, which is based on a survey of over 350 identity-centric security leaders.
Read the article
• World
Research finds that cyber crisis preparation is failing to adapt to modern threats
A ‘stark disconnect’ exists between the inadequacy of crisis exercising and the desire to build an effective cyber crisis response function, according to a new Osterman Research study published in association with Immersive Labs.
Read the article
• UK / North America
NIST publishes guidance on zero trust architecture
NIST has announced the availability of Special Publication (SP) 800-207, Zero Trust Architecture, which discusses the core logical components that make up a zero trust architecture (ZTA).
Read the article
• US / World
2020 Cloud Security Report highlights top challenges
Check Point and Cybersecurity Insiders have published their global 2020 Cloud Security Report, highlighting the challenges faced by enterprise security teams in protecting data and workloads in their public cloud deployments.
Read the article
• World
Study shows how the pandemic has increased pressure on brands to avoid apps and websites downtime
A new study shows the scale of pressure brands now face as a result of the COVID-19 pandemic, as consumers flock to apps and websites as the priority destination to transact with brands.
Read the article
• UK
H1 2020 DDoS report reveals a surge in DDoS attacks
Link11 has released findings from its H1 2020 DDoS Report, which shows that there has been an increase in DDoS attacks during the period. In April, May and June 2020, the number of attacks registered by Link11’s Security Operations Center (LSOC) averaged 97 percent higher than the during the same period in 2019...
Read the article
• Europe / World
Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing673.html
Preparing your pandemic response plans: a comprehensive checklist
Dr. Jim Kennedy provides a detailed checklist of items that organizations need to consider to sense-check existing pandemic plans, or to inform planning processes which may be underway.
Read the article
• US / World
Critical data protection steps you may be missing
If it sometimes feels like cyber threats are approaching your organization from all angles, it’s because they are. To protect yourself, you need to secure as many threat vectors as possible. Andy Swift highlights two critical data protection steps everyone should take, and yet many organizations seem to miss.
Read the article
• UK / World
COVID-19: preparing for business interruption and other claims
As the COVID-19 (novel coronavirus) outbreak continues to spread, organizations are preparing for possible impacts on their operations. In this article, Paul McVey looks at what organizations should do to prepare for potential business interruption claims due to the presence of the virus on their premises, employee absenteeism, or supply chain disruptions.
Read the article
• World
Case study: how to respond to the reputational aspects of a cyber incident
While hardly a global brand, a recent cyber attack on Dundee and Angus College provides a good example of how to deal with a cyber incident. Charlie Maclean-Bristol looks at the lessons that can be learnt from the response.
Read the article
• UK / World
COVID-19: five points to consider when implementing remote working arrangements
In response to the growing concerns around COVID-19’s potential to develop into a global pandemic may organizations are rapidly developing remote working strategies. Point B highlights five areas that need to be thought about during this process…
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• US / World
Novel coronavirus (COVID-19) outbreak updates
This Continuity Central resource page will be regularly updated with the latest news and resources related to the COVID-19 outbreak, which has been designated as a Public Health Emergency of International Concern (PHEIC) by the World Health Organization.
Read the article
• World
LATEST NEWS
The winners of the 2020 DRI Awards of Excellence
Each year at the DRI International conference the annual Awards of Excellence are presented to leaders and innovators in the fields of continuity management, technology recovery, and crisis and risk management. The 2020 Awards of Excellence were announced on March 3rd at the Westin Savannah Harbor Golf Resort & Spa in Savannah, GA.
Read the article
• US
Survey highlights the reputational and business risks associated with IT failures
New research into the reaction of customers to IT and technical failures in UK banking services shows the wider impact that IT failures can have on business stakeholders.
Read the article
• UK
A quarter of companies are developing their first business continuity plan in response to COVID-19: study
COVID-19 has been a catalyst for many organizations to address business continuity failings; with just under a quarter (24 percent) of companies currently in the middle of drafting an initial business continuity plan, according to a study by global consultancy firm Mercer.
Read the article
• World
Risk Management Association revamps its Operational Risk Management Framework
RMA, the Risk Management Association, has made available to its members a new Operational Risk Management Framework, updating its ORM Framework originally released in 2010.
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• US / World
Resilience First publishes Guide to Emotional Resilience
Major incidents can create major stresses for those directly and indirectly affected, often lasting for years or lifetimes, and impact organizations and communities for generations. The issue of emotional resilience extends beyond the individual as that person operates as part of a larger community, especially at work.
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• UK / World
BCI publishes its annual Horizon Scan Report
BCI has released the 2020 version of its Horizon Scan Report. Sponsored by BSI, the report reflects the concerns of business continuity and resilience professionals when looking ahead to anticipated threats.
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• World
Marsh Political Risk Map 2020 shows increasing concerns for companies
Escalating trade tensions are expected to continue throughout 2020 and will result in persistent global political and economic uncertainty for multinational businesses, according to a new report from Marsh.
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• World
The State of Data Security 2020
Lepide has released a report that reveals an alarming insight into the risks facing data security in enterprises across the globe, as well as insight into how unprepared most organizations are to mitigate those risks.
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• World
Enterprise IT service downtime cost and risk transfer in a supply chain
Researchers from the Nanyang Technological University and the RISE Research Institutes of Sweden have published a new paper which describes a new economic model for analyzing enterprise IT service downtime cost. The paper was published in Operations Management Research.
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• World
Basel Committee reviews vulnerabilities and emerging risks
The Basel Committee on Banking Supervision met in Basel on 26th-27th February 2020 to review risks impacting the banking system, advance a range of supervisory initiatives and promote the implementation of Basel III. Business continuity measures related to COVID-19 were discussed.
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• Various
Less than half of UK SMEs have an IT disaster recovery plan in place, finds survey
According to research commissioned by full-service IT consultancy ILUX, fewer than half of the UK’s small and medium sized enterprises (SMEs) are prepared to cope adequately in the event of an IT disruption.
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• UK
Researchers suggest power grid redesign for resilience
With the goal of eliminating brownouts and blackouts, new research from University of British Columbia's Okanagan School of Engineering highlights ways to redesign how electricity is distributed within power grids.
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• US / World
BCI India & South Asia Awards 2020 winners announced
The BCI India Conference & Awards 2020 took place on 28th February in Chennai. The event hosted the BCI India & South Asia Awards. These recognise outstanding contributions from business continuity and resilience professionals and organizations within the region.
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• Asia
ISO releases ISO 22313:2020 to provide guidance on using the ISO 22301 business continuity management standard
ISO's latest business continuity standard has now been published, replacing the previous edition of ISO 22313 with an updated version: ISO 22313:2020, ‘Security and resilience - Business continuity management systems - Guidance on the use of ISO 22301’.
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• World
Quantum Dawn V after-action report published
SIFMA has released the summary of key recommendations from its biennial Quantum Dawn financial sector cyber security global readiness exercise, which was conducted in November 2019.
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• Various
Majority of businesses believe that the impact of 5G will be significant but have security concerns
Businesses believe that 5G will be the most revolutionary network evolution yet but still have concerns about the technology’s security, according to the results of a global study from Accenture.
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• Various
Report reveals impact of GDPR on breach detection rates in EMEA
FireEye, Inc., has published the FireEye Mandiant M-Trends 2020 report, which shares statistics and insights gleaned from FireEye Mandiant investigations around the globe in 2019. The report highlights that GDPR seems to have had a positive impact on security breach detection.
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• World
NEW PRODUCTS AND SERVICES
Retrospect announces Backup 17 and Virtual 2020
Retrospect, a StorCentric company, has announced the general availability release of Retrospect Backup 17 and Retrospect Virtual 2020, as well as updates to its Retrospect Management Console.
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• World
COMPANIES AND MARKETS
ContinuitySA relocates to new facility in Westville
ContinuitySA has moved into a new, modern facility in the Westway Office Park in Westville, just outside Durban, South Africa, to accommodate greater demand for disaster recovery and work area recovery facilities.
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• Africa
StorONE buys Storage Switzerland and launches enterprise storage platform
StorONE, developers of the S1 enterprise storage platform, has announced the acquisition of Storage Switzerland, a leading analyst firm covering the storage, backup, and cloud markets.
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• World
Emergency Management Specialist, Canada
Business Continuity, Emergency Planning and Security Manager, Australia
Disaster Recovery Planner, US
Mgr, It Svcs (Disaster Recovery/Business Continuity), US
Manager - Disaster Recovery and Business Continuity, US
Operational Resilience Manager, UK
Business Resilience Manager, UK
Sales Manager, UK
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Business continuity: where do we go from here?
There are some fundamentals that business continuity professionals should not forget or do away with, but neither should we be afraid to move with the times. Russell Williams asks the profession some questions…
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• UK / World
SysAdmin Day 2020: paying tribute to those enabling business continuity
July 31st is being promoted as System Administrator Appreciation Day 2020, a day to highlight ‘the heroic men and women who, come rain or shine, prevent disasters, keep IT secure and put out tech fires left and right’.
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• World
Why manufacturers are looking to ‘autonomous operations’ to assist with resilience
Autonomous operations takes automation to a completely new level, adding layers of smart sensing and machine cognition to anticipate and adapt to unforeseen circumstances, removing the need for human intervention. Bert Konings looks at how this technology will develop.
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• World
The role of insurance in managing cyber risks
The demand for cyber insurance is increasing, but what does it protect against, and importantly, is it worth the money? Jan van Vliet attempts to answer some of the key questions businesses face when deciding if investing in cyber insurance is right for them.
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• UK / World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World
LATEST NEWS
Study shows that the COVID-19 pandemic has accelerated business continuity investments in cloud migration
A global study from LogicMonitor has examined how IT departments are evolving in a time of crisis to maintain business continuity and best meet the needs of their customers.
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• World
New study shows that flood damage erodes companies’ long-term value
If a flood is able to disrupt your business, your stock value could drop significantly in the next 12 months. That is according to a new analysis commissioned by FM Global and conducted by analytics advisory group Pentland Analytics.
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• US / World
COVID-19 will lead to a focus on resilience in the cargo sector
The importance of the cargo sector has been highlighted during the COVID-19 pandemic with massive shocks to global supply routes, but the disruption has led to an increased focus on supply chain resilience and the opportunity for the rapid adoption of new technology within the industry.
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• World
Annual telecoms downtime across the EU reaches almost one billion user hours
ENISA, The European Union Agency for Cybersecurity, has published its 9th annual report on telecom security incidents, which provides an analysis of root causes and impacts of major incidents that happened in the course of 2019.
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• Europe
Malware decreases but ransomware threat rises in first half of 2020
The SonicWall Capture Labs threat research team has published a mid-year update to the 2020 SonicWall Cyber Threat Report, highlighting substantial increases in ransomware attacks. During the first half of 2020, global malware attacks fell from 4.8 billion to 3.2 billion (-24 percent) over 2019’s mid-year total.
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• World
Insurance against pandemic risk: options for shared resilience solutions in the EU
The European Insurance and Occupational Pensions Authority (EIOPA) has published an Issues Paper highlighting options for developing shared resilience solutions for pandemic risk. The paper recognises that private insurance solutions alone will not be sufficient to protect against the financial consequences of future pandemics.
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• Europe
Study finds that the COVID-19 pandemic has led to a ‘massive increase in awareness of the need for operational resilience’
Swiss Post Solutions (SPS) and NelsonHall have published a joint study, ‘Preparing for the Next Crisis: A Guide to Building Operational Resilience’, which aims to assist organizations in identifying and preparing for any operational challenges that are likely to emerge.
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• UK / World
COMPANIES AND MARKETS NEWS
Ivanti and Intel enter strategic partnership to offer self-healing of endpoints for remote workers
Ivanti and Intel have announced a new strategic partnership to offer ‘Device-as-a-Service (DaaS) with self-healing capabilities for the next generation workforce’.
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• World
NEW PRODUCTS AND SERVICES
Commvault launches new backup and disaster recovery offerings
Commvault has announced a new portfolio of products and services to intelligently manage data. New to the portfolio are Commvault Backup & Recovery, Commvault Disaster Recovery, Commvault Complete Data Protection and Commvault HyperScale X.
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• World
NAKIVO Backup & Replication v10 adds vSphere 7 support and other new features
NAKIVO Inc., has announced the release of NAKIVO Backup & Replication v10. Key new features include vSphere 7 support and backup to Wasabi.
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• World
Risk Manager, Australia
Senior Manager Business Continuity, US
Manager, Corporate Business Continuity-Supplier Resiliency, US
IT Service Continuity Manager, UK
Technical Business Continuity Manager, UK
Business Continuity and Compliance Manager, Australia
Associate EHS Consultant – Business Continuity / Security, US
Business Continuity Planner, US
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COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World
Risk management experts discuss COVID-19 and its impacts on risk management, resilience and business continuity
In an interview-style article, experts from the Institute of Operational Risk and Institute of Risk Management discuss COVID-19 and how the risk management profession is reacting.
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• World
COVID-19: riding the second wave of the pandemic
At some point governments across the world are going to have to start taking some very tricky decisions as to when to ease the COVID-19 lockdown. But when that happens will the virus stage a vicious comeback? Jim Preen looks ahead…
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• UK / World
Ensuring security throughout the customer lifecycle
It is important during the current COVID-19 crisis that organizations don’t take their eye of the data privacy and protection ball. This article by Chris Mullaney will discuss how businesses can ensure enterprise-grade data protection during the customer communications cycle.
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• World
How safe is using Zoom for video conferencing?
One of the impacts of the COVID-19 pandemic is the rapid uptake in the use of video conferencing, especially the Zoom platform. Recently questions have been asked about how secure Zoom is. Here, Elliott Thompson gives his view on what the real risk of using Zoom is and offers tips to mitigate.
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• World
Academics warn that the COVID-19 pandemic is a symptom of systemic issues in human society
While the world is focused on fighting the COVID-19 pandemic, scientists from the Singapore University of Technology and Design are warning that it is important not to lose sight of the causes of the pandemic. They suggest that COVID-19 is ‘more than just a virus, but rather a symptom emerging from something much deeper - a nonlinear dynamical system of coupled pathologies underlying a veneer of progress in an increasingly fragile, volatile, hyperconnected world.’
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• World
World Backup Day: comments from various professionals
World Backup Day takes place on March 31st each year and 2020 is no exception. Despite the majority of organizations being occupied with pandemic planning, strategies, and survival it is important not to take the organizational eye of the ball when it comes to business continuity fundamentals. World Backup Day provides a timely reminder of this. Here various industry professionals offer some points to consider…
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• World
Keeping resilient while home working – useful tips and techniques
Dominic Irvine has spent 20 years working from home. Here he builds on this experience to offer advice for how to ensure that yourself and your team maintain business as usual while working at home.
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• UK / World
LATEST NEWS
CIR Magazine postpones the Business Continuity Awards
CIR Magazine has announced that its annual Business Continuity Awards presentation is being moved from June to December as a result of the COVID-19 pandemic. The Business Continuity Awards will now take place on Wednesday 9th December 2020 at the London Marriot.
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• UK
Increase in remote working and COVID-19 related threats ‘creating perfect storm of security challenges for organizations’
Check Point has announced findings from a new survey, conducted by Dimensional Research, examining the COVID-19 pandemic’s impact on enterprise security. The findings show that the rapid changes to enterprise working practices, and broader concerns about the pandemic, are both being exploited by cyber criminals as they step up their attacks, generating a raft of new challenges for security professionals.
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• World
Closing workplace facilities creates new risks says FM Global
As companies close offices, plants and warehouses to reduce COVID-19 spread, other risks are emerging at these now-idle facilities, warns FM Global.
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• US / World
Enterprise risk managers are finding that COVID-19 is resulting in less engagement with the company board
A Gartner survey of more than 900 audit and risk leaders on March 27th 2020 has found that most of their focus is on assessing the impact of COVID-19 on organizational operations and controls, as well as revising and executing the company audit plan.
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• US / World
International Labour Organization outlines catastrophic effect of COVID-19
The COVID-19 pandemic is having a catastrophic effect on working hours and earnings, globally. A new ILO report highlights some of the worst affected sectors and regions, and outlines policies to mitigate the crisis.
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• World
BCI launches a survey to capture business pandemic planning and recovery lessons
The BCI has launched a survey which will inform a new report exploring current pandemic planning activities as well as organizational preparations for post-pandemic business operations.
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• World
Survey finds that two-fifths of organizations suffered data loss related downtime last year
Acronis has published the results of a survey that shows that 42 percent of companies experienced a data loss event that resulted in downtime in 2019.
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• World
Working from home for long periods of time can lead to ‘panic working’
Organizations need to be aware of a phenomenon called ‘panic working’ amongst employees who are working from home due to the COVID-19 restrictions says Dr. Ali Fenwick, Professor of Organizational Behaviour at Hult International Business School in Dubai.
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• Middle East / World
SHRM surveys look at the impacts of COVID-19 lockdown on US small businesses
Half of America’s small businesses can’t afford to pay employees for a full month under the current economic lockdown meant to slow the spread of the COVID-19 pandemic.
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• US
Research shows that views on what constitutes ‘data protection’ varies between organizations and sectors
New research from Infrascale, based on a survey of more than 500 C-level executives in small and medium sized businesses, has highlighted that data protection means different things to different people and data protection priorities depend upon an individual’s unique experiences and position.
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• World
High levels of COVID-19 based cyber attacks seen in March but overall levels are down
Researchers at Check Point continue to see a dramatic rise in the number of COVID-19-related cyber attacks. In the past two weeks alone, the number of COVID-19-related cyber attacks have increased significantly from a few hundred to as high as over 5,000 on March 28th.
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• World
How fit for purpose are VPNs for enterprise remote access?
PortSys has highlighted security and capability gaps that it believes exist in the VPNs that many organizations around the world are now using for business continuity due to the COVID-19 pandemic.
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• US / World
Research looks at organizational backup and restore processes
A research study by Dimensional Research, commissioned by StorageCraft, shows that many organizations’ IT decision makers are not sufficiently prepared for recovery should the need to restore from their data backup arises.
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• World
NEW PRODUCTS AND SERVICES
Ivanti adds self-healing capabilities to its enterprise service management solutions
Ivanti has announced the expansion of its growing portfolio of enterprise service management (ESM) solutions with the launch of Ivanti Assistants which enable endpoint self-healing capabilities.
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• World
Automation Anywhere helps deliver business continuity with RPA industry's first bot security program
Automation Anywhere, a leader in robotic process automation (RPA), has announced the launch of Bot Security, the industry's first security program to set the standard for securing software bots that enable business continuity.
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• World
JetStream Software and Cloudian launch new cloud disaster recovery service
JetStream Software, Inc., has announced that Enterprise Networking Solutions, Inc., a managed services provider, is the first to deploy JetStream DR on Cloudian, a new cloud-native disaster recovery as a service (DRaaS) solution built on JetStream DR and Cloudian object storage technologies.
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• World
Kasten introduces K10 Data Management Platform v2.5 for easier Kubernetes data backup and mobility
Kasten has announced the general availability of Kasten K10 v2.5. Purpose-built for Kubernetes, K10 provides enterprise operations teams with an easy-to-use, scalable, and secure system for backup and restore, disaster recovery, and mobility of Kubernetes applications.
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• World
COMPANIES AND MARKETS
Infosecurity Europe 2020 postponed
Reed Exhibitions, organizer of Infosecurity Europe, has announced that it has made the decision to postpone Infosecurity Europe, which was scheduled to take place from June 2-4 in Olympia, London.
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• UK
Business Continuity and Emergency Management Coordinator, Australia
Vendor Management - Business Continuity Analyst, US
Business Continuity Manager, US
Resilience Manager, UK
Information Security Manager, UK
Business Continuity Manager, UK
Senior Business Continuity Professional, US
Business Continuity Specialist, US
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Your weekly update of business continuity, enterprise risk management and resilience news.
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Cloud resilience: a collaboration
This article arose out of conversations during the BCI’s Education Month, where a number of business continuity professionals decided to work together on a document exploring various aspects of cloud resilience. Continuity Central was approached to host the article so that it could reach a wider audience; and we are happy to do so.
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• World
Deepfakes are a threat that businesses need to take seriously…
Since businesses rely on technology for communication, deepfakes - or synthetic media of false images and/or sound - pose a growing threat to their future strength, growth, security, and bottom line. That’s the belief and warning from global IT solutions provider Technologent.
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• World
Four tips for protecting your company from ransomware attacks
Index Engines has identified four strategies that organizations should implement to help protect against ransomware attacks. If your organization has a gap in any of these areas then the risk of attack is enhanced…
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• World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
LATEST NEWS
Non-native disaster recovery and backup solutions adversely affect RTOs and RPOs for container-based applications
Zerto has published the key findings of a co-sponsored ESG survey and eBook entitled ‘Data Protection Trends and Strategies for Containers’. As containers continue to rise in popularity, organizations need to understand that they are uniquely designed and consequently require a specialised data protection strategy.
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• US / World
Why measuring the cost of downtime is important for your organization
Almost a quarter of organisations are still unable to determine what IT downtime costs their business. This is according to new research conducted by Databarracks.
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• UK
2020 Travelers Risk Index finds fewer US companies are taking steps to mitigate cyber threats
The Travelers Companies, Inc. has announced the results of the 2020 Travelers Risk Index, which found that fewer companies than last year have taken steps to mitigate cyber risks, even though the level of concern about these threats has increased during the COVID-19 pandemic.
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• US
DDoS attacks increase by 151 percent in first half of 2020
Neustar has released its latest cyber threats and trends report which identifies significant shifts in distributed denial-of-service (DDoS) attack patterns in the first half of 2020. Neustar’s Security Operations Centre (SOC) saw a 151 percent increase in the number of DDoS attacks compared to the same period in 2019.
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• World
Study shows that business continuity is one of the key factors behind cloud adoption
Aptum has published Part One of its Quarterly Cloud Impact study, which looks at overall planning and migration efforts, and the main business drivers behind cloud adoption.
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• Various
DRI Awards of Excellence 2021 are open for entries
DRI International's Awards of Excellence aim to recognize leaders and innovators in the fields of business continuity, technology recovery, and crisis and risk management. The awards will be presented early in 2021, with the shortlist scheduled to be published on January 11th.
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• US / World
New guidebook on 'How to Use Exploratory Scenario Planning' published
Exploratory scenario planning (XSP) is a process which can be used for resilience planning, helping managers to make decisions and plans in the face of critical unknowns and unclear futures. Rather than working toward a single vision, practitioners develop distinct potential futures (‘scenarios’) and consider how to measure and prepare for each.
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• World
NIST releases guidance on recovering from ransomware
The US NIST has published new guidance, ‘Data Integrity: Recovering from Ransomware and Other Destructive Events (SP 1800-11)’. This demonstrates how organizations can develop and implement appropriate actions following a detected cyber security event.
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• US / World
Pandemic response highlights siloed approach to business continuity and crisis management
A new Airmic and Control Risks report captures some of the lessons that organizations have learned from the COVID-19 crisis. ‘New challenges, new lessons’ says the pandemic has highlighted the siloed approach to business continuity management and crisis management that is present in many organizations.
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• World
Work 2035: what will future business continuity managers need to consider?
Citrix Systems has presented the results of a year-long examination of global work patterns and plans, to understand how work will change and the role that technology will play in enabling this.
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• World
Closing the Gaps on Reputational Risk Management: new guide published
RIMS, Airmic, and RepTrak have jointly released a new report exploring best practices and challenges for effectively managing reputational risk. It is based on interviews with 40 risk leaders in the US and Europe, as well as discussions between academics and industry thought leaders.
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• World
British Chambers of Commerce survey shows that many UK businesses are unprepared for Brexit risks
The British Chambers of Commerce (BCC) has published the results of a survey which found that only 38 percent of companies surveyed have carried out a Brexit risk assessment in 2020, compared to 57 percent in 2019.
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• UK
The winners of the BCI Africa Awards 2020 announced
During a virtual awards ceremony the BCI recently presented its Africa Awards to this year’s winners. The awards recognise business continuity and resilience excellence in the region.
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• Africa
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COMPANY AND MARKETS NEWS
Agility Recovery acquires Recovery Solutions, a BC provider for banks and financial institutions
Agility Recovery has announced the acquisition of Chicago, Illinois-based Recovery Solutions. Recovery Solutions delivers audit-ready and FFIEC compliant business continuity solutions purpose-built for banks and financial institutions.
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• US
NEW PRODUCTS AND SERVICES
New ‘Cohesity SiteContinuity’ automated disaster recovery solution integrates with backups
Cohesity has announced the availability of Cohesity SiteContinuity, an automated disaster recovery solution that is integrated with the company’s backup and continuous data protection capabilities.
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• World
Retrospect Backup 17.5 launched with cloud updates and latest Apple support
Retrospect, a StorCentric company, has announced the general availability (GA) release of Retrospect Backup 17.5, which includes new cloud storage provider certifications and platform updates for Apple macOS, as well as performance enhancements to Retrospect Management Console.
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• World
Business Continuity Manager, Australia
Business Continuity and Disaster Recovery Lead, US
Securities Operations Business Continuity, US
Head of Business Continuity Planning / Disaster Recovery, US
Cyber and Technology Resilience Specialist Supervisor, UK
Operational Resilience Manager, UK
Global Security Business Continuity Manager, US
Business Resilience and Continuity Senior Consultant, US
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Your weekly update of business continuity, enterprise risk management and resilience news.
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2021 business continuity, risk management, and resilience predictions
This section of Continuity Central collates all the news pieces and articles that have been published recently which look ahead to 2021 and make predictions for how various areas of business continuity, risk management, and resilience may develop.
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• World
How to approach strategy in turbulent times
Traditional approaches to strategy development can be slow and cumbersome says James Graham. In this article he explains what ‘emergent strategy’ is and how it can help with an agile response when survival threatening situations develop.
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• UK / World
Reducing your reputation risk with an effective external communication policy
While it may sound straight forward there is more to creating an effective external communication policy than meets the eye. Deon Binneman digs deeper into this vital area of risk management and provides a useful checklist.
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• Africa / World
Organizations risk failing cyber security assessments on home networks protection
With various levels of lockdowns in place in many European countries, are smaller companies fighting a losing battle when it comes to renewing cyber security certification? Richard Hughes believes this is the case…
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• UK / World
Cyber security in 2021: four predictions for how the threat landscape will develop
Despite the clear and present danger that the COVID-19 pandemic presents, most organizations are aware that cyber threats are a top long term issue that needs to be addressed. In this article Avesta Hojjati looks at four cyber threat areas that will develop in 2021.
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• World
Why the public sector is an increasing target for cyber criminals
The public sector is vulnerable to cyber attacks and a crippling attack on a major public sector organization is a real risk for 2021. Steve Robinson explains why this is the case and what public sector organizations need to do to mitigate the risk.
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• World
LATEST NEWS
Cyberthreats Report predicts a ‘year of extortion’ in 2021
Acronis has released its 2020 Acronis Cyberthreats Report, an in-depth review of the current threat landscape and projections for the coming year. Based on the protection and security challenges that were amplified by the shift to remote work during the COVID-19 pandemic, Acronis warns that 2021 will bring aggressive cybercrime activity as criminals pivot their attacks from data encryption to data exfiltration.
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• World
FERMA survey explores risk managers’ contributions to COVID-19 response and resilience
European risk managers have helped maintain the continuity of their organizations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible, and begun work on recovery, according to survey results published by FERMA.
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• Europe / UK
How will the 2021 data storage landscape develop?
Scality made a number of data storage predictions for 2021, focusing on the rapid growth rate of cloud-native apps and containerisation. 2021 will see a number of trends emerge as enterprise IT teams and storage vendors adapt in order to support the rise of cloud-native apps and the subsequent change in application and cloud infrastructure models, according to the company.
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• World
Emerging cyber threats in 2021 require a new approach to security
HP has released its 2021 predictions on how security threats are likely to develop during the next 12 months. Human-operated ransomware, thread hijacking, unintentional insider threats, business email compromise, and whaling attacks are all highlighted as areas which will grow.
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• World
Business continuity-inspired resilient supply chain network design
In this new collaborative paper, academics from the Universities of Iowa, Tennessee, Tehran, and Mazandaran present a new ‘framework for the business continuity-inspired resilient supply chain network design problem’.
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• World
2020 Atlantic Hurricane season: takeaways from a record-breaking few months
The official 2020 Atlantic Hurricane season ended on November 30th, and in response FM Global has provided seven takeaways from a season which broke records across the board...
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• US
2021 cyber security predictions from WatchGuard
WatchGuard Technologies has provided its 2021 cyber security predictions. These cover the most prominent attacks and infosec trends that the WatchGuard’s Threat Lab research team believes will emerge next year, including a tidal wave of automated spear phishing campaigns.
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• World
Research shows that some employees are concerned that organizations are putting business continuity before safety
New research commissioned by ServiceNow has surveyed 900 C-suite leaders and 8,100 employees from various organizations to look at how organizations are adapting to pandemic disruption.
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• UK / World
Business Resilience Trends survey results published by International SOS
The risk level to the global workforce has reached its highest since 2016 according to the findings of International SOS’s Business Resilience Trends survey of over 1,400 risk professionals across 99 countries. This was carried out by Ipsos MORI and the results have been published in the report ‘Risk Outlook 2021’ which also includes insights from the Workforce Resilience Council and extensive International SOS proprietary data.
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• World
Areas where the next pandemic could emerge from highlighted by international team of researchers
Research has been published highlighting the areas where wildlife-human interfaces intersect with areas of poor human health outcomes and highly globalized cities, which could give rise to the next pandemic unless preventative measures are taken.
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• World
Building supply chain resilience is a 2021 priority for two-thirds of organizations
More than 80 percent of organizations have reported that their supply chains have been negatively impacted by the COVID-19 crisis, with a vast majority struggling across all aspects of their operations. This is according to new research from the Capgemini Research Institute, ‘Fast forward: Rethinking supply chain resilience for a post-COVID-19 world’.
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• World
Audit chiefs see IT governance as top risk for 2021 says Gartner
COVID-19 has reorganized the risk landscape for chief audit executives (CAEs), and CAEs have listed IT governance as the top risk for 2021, according to Gartner. Analysts say that the pandemic is giving rise to new sets of risks while exacerbating long-standing vulnerabilities.
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• World
Third-party risk management programs studied: questionnaires a weak area?
RiskRecon, a Mastercard Company, and the Cyentia Institute have published an in-depth study that explores the current state of third-party risk management (TPRM) programs and practices. The research found that TPRM professionals increasingly do not trust that security questionnaires provide sufficient information to properly understand and act on their third-party risk.
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• World
NEW PRODUCTS AND SERVICES
Virtual reality may make remote collaboration more effective according to a new study
New research by HTC Vive, a VR technology company, shows that three quarters (74 percent) of employees in UK organizations are worried about the risks of returning to work, with meeting rooms (41 percent), communal kitchens (50 percent) and main offices (65 percent) being the greatest areas of concern.
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• UK / World
Sungard AS looks to boost agility of workplace recovery with new flexible workplace solution
To provide UK organizations with the agility to adapt to an evolving business continuity landscape, Sungard AS has launched a new dedicated workplace recovery service.
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• UK
COMPANIES AND MARKETS NEWS
Crises Control enters Gartner Market Guide for emergency mass notification solutions
Crises Control, the mass notification and incident management platform, has been named as a key vendor in the latest Gartner Market Guide for Emergency Mass Notification Solutions, released recently. This is the first time that Crises Control has appeared in a Gartner Market Guide...
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• World
Google announces agreement to expand business continuity offerings with acquisition of Actifio
Google has announced that it is to acquire Actifio, a company that provides backup and disaster recovery solutions. Google says this move is because “Business continuity is a top priority for enterprise IT organizations.”
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• World
Business Continuity Manager, Australia
Emergency Management & Business Continuity Planner, US
Business Analyst - Business Continuity & Disaster Recovery, US
Sr Manager Business Continuity, US
Third Party Vendor Business Continuity Plan Audit Consultant, Singapore
Business Continuity Manager, UK
Business Continuity and Disaster Recovery Manager, US
Operational Resilience Leader, UK
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EU warns of inevitable disruption due to Brexit and advises businesses to prepare now
The European Union is warning already stretched businesses that now is the time to start preparing for the ’unavoidable’ and ‘broad and far-reaching consequences’ which will commence as of January 1st 2021 due to Brexit.
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• Europe / UK
The missing link in cyber resilience?
Organizations need to embrace a mindset of continuously identifying - and closing - gaps in their cyber security posture to ensure the organization is as secure as it can be. To achieve this a person, or team, needs to be appointed to this role says Matt Cable.
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• World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World
A systematic literature review of the capabilities and performance metrics of supply chain resilience
A new paper by researchers from the University of Liverpool and the SP Jain School of Global Management presents the results from a systematic literature review of 153 papers related to supply chain resilience.
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• World
‘Grand Challenges in Resilience: Autonomous System Resilience through Design and Runtime Measures’
In a paper scheduled to be published in the IEEE Open Journal of the Computer Society, various researchers have set out what they see as key challenges for effective cyber resilience and steps that can be taken for improvement.
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• World
LATEST NEWS
The cost of a third-party risk incident has risen rapidly over recent years finds Deloitte survey
One in two companies believe the cost of a third-party risk incident – such as a supply chain failure, data privacy breach or disruption to IT services – has at least doubled in the past five years, according to Deloitte research.
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• World
Increased remote work drives BYOD, but security is not keeping pace
Bitglass has released its 2020 BYOD Report, which analyses enterprise use of bring your own device (BYOD) as well as the state of personal device security within organizations.
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• World
BSI updates its COVID-19 Safe Working Guidelines for businesses
BSI has announced the availability of its ‘Safe Working Guidelines, Version 2’ which provides guidance on safe working during the COVID-19 pandemic. The guidelines have been enhanced and extended and include major updates.
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• UK / World
Guide for building a resilient workforce amid technological disruption published by NGA
As COVID-19 accelerates disruptions impacting the American workforce, the National Governors Association (NGA) has issued the findings of a comprehensive two-year project examining ways that governors and other state policymakers can nurture a technologically resilient workforce ready to thrive in an evolving economy.
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• US / World
Approach to global resilience should be built on the 'Five Capitals' say Cranfield academics
In a letter published by the journal, Nature, Cranfield academics are calling for global resilience to be shaped around the 'Five Capitals' - natural, human, social, built, and financial. The academics believe that too often silos exist within governments and within organizations and businesses that mean risks are not anticipated quickly enough or prepared for well enough.
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• UK / World
UK risk professionals are receiving more board time as a result of COVID-19
The scale and velocity of the COVID-19 pandemic took many organizations by surprise, according to a report from Airmic, the UK association for risk and insurance professionals. The research also reveals that risk professionals are receiving more board time than ever before as the pandemic disruption erodes internal organizational barriers.
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• UK
Adoption of cloud-based security tools accelerates as organizations support remote workforces during COVID-19
Exabeam has published the results of a new survey of UK security practitioners, which tracks the adoption and use of cloud-based security tools. This latest survey showed a marked increase in the adoption of these security tools compared to an earlier study carried out in March 2020 prior to the COVID-19 lockdown.
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• UK
COMPANIES AND MARKETS NEWS
OwnBackup secures $50 million in funding ‘as global crisis puts business continuity top of mind’
OwnBackup, a cloud-to-cloud business continuity platform, has announced $50 million in new funding led by Insight Partners, with participation from Salesforce Ventures and Vertex Ventures less than one year after raising Series C financing.
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• US / World
NEW PRODUCTS AND SERVICES
ContinuitySA targets smaller businesses with new RaaS offering
ContinuitySA has announced the introduction of Recovery as a Service (RaaS), which aims to put ‘work area recovery facilities within the reach of small to medium enterprises’.
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• Africa
Everbridge Control Center launches: provides a ‘return-to-work connectivity hub’
Everbridge, Inc., has announced the availability of the Everbridge Control Center, which organizations can use to automate the triggering of alerts relating to COVID-19 monitoring in the workplace.
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• World
Business Continuity Sr. Associate, US
Manager, Business Continuity, US
Incident Manager, UK
Business Continuity Officer (Risk & Compliance), UK
Senior Manager, Business Continuity Management, Australia
Business Continuity and Crisis Management Manager, US
Senior Business Resilience Manager, UK
Senior Business Continuity Analyst, UK
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Why ‘new normal’ resilience is built upon enterprise-wide workplace transformation
Gary Harrold, Chief Executive Officer at Swiss Post Solutions UK & Ireland highlights some of the lessons that can be learned from the current pandemic for improving future operational resilience practices.
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• UK / World
Four common business continuity misconceptions
For any business leader considering implementing business continuity for the first time - or indeed anyone who has a plan and would like to improve it - it’s important to address four common misconceptions that can cause confusion and limit effectiveness says Jeff Keyes.
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• World
Are you practicing good cyber hygiene? How to clean up your security approach
We hear a lot about good hygiene these days, especially when it comes to personal hygiene. In fact, hygiene has never been more important as a way to protect ourselves and our families. The same is true for protecting an enterprise’s data assets says Dan Garcia.
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• World
Business continuity through a COVID-19 lens
COVID-19 has brought business continuity under scrutiny, with the opportunity to enhance resilience into the future. Padma Naidoo looks at what worked and how this will influence business continuity in the future…
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• Africa / World
‘Cascading Failures in Internet of Things: Review and Perspectives on Reliability and Resilience’
Interactions and dependencies between IoT devices can result in cascading failures. A new paper published by the IEEE Internet of Things Journal explores this area and looks at resilience measures.
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• World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World
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Sponsored Take part in the Business Continuity Trends 2020 Study and win a $150 Amazon Gift Card BC Management has opened its 12th Edition Business Continuity Trends 2020 Study in partnership with Assurance Software. Participants will receive a complimentary report, which will be published in November 2020, and one respondent will win a $150 Amazon Gift Card. The study provides valuable insights into how the buisiness continuity profession is developing, enabling you to keep ahead of the curve. Please take part |
LATEST NEWS
‘The Future of Business Continuity and Resilience’ – a new report from the BCI
The BCI, in association with FortressAS, has published a new report looking at how business continuity and resilience may develop following the shake-up that the pandemic has given the profession.
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• World
Future climate risks being discussed in boardrooms but few organizations have plans in place
Climate risks are being discussed in Britain’s boardrooms, but the majority of businesses have yet to implement a clear plan, according to new research from KPMG. The firm questioned more than 160 business leaders, representing a range of industries from across the UK on their environmental, social, and governance (ESG) credentials.
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• UK
Researchers warn that the COVID-19 pandemic may be followed by a period of significant social unrest
From the Black Death to the Spanish Flu, history teaches that social tension accumulated over an epidemic can lead to significant episodes of rebellion, according to a study by Massimo Morelli and Roberto Censolo from Bocconi University.
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• Europe / World
Collaboration between various state cyber agencies results in comprehensive technical guidance for incident response
A joint advisory has been issued which presents the result of a collaborative research effort by the cyber security authorities of Australia, Canada, New Zealand, the UK, and the US. It highlights technical approaches to uncovering malicious activity and includes mitigation steps according to best practices.
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• Various
61 percent of companies have experienced an insider attack over the last year says report
Bitglass has released its 2020 Insider Threat Report, which looks at the state of enterprise security as it pertains to insider threats. Bitglass partnered with a cyber security community and surveyed IT professionals to understand how their businesses balance budgetary and data protection concerns while defending against insider threats.
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• US / World
New global ransom DDOS campaign targets organizations in finance, travel, and e-commerce
Since the middle of August, Radware has been tracking several extortion requests from threat actors. Letters are being delivered via email and typically contain victim-specific data such as Autonomous System Numbers (ASN) or IP addresses of servers or services they will target if demands are not fulfilled.
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• US / World
Many businesses did not evaluate business continuity risks for cloud services prior to switching to remote working
New research from Databarracks shows that just 46 percent of UK organizations surveyed had evaluated their business continuity risks for cloud services compared with on-premises IT in the months before widespread remote working – and the accompanying growth in the use of cloud applications – began.
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• UK
DDoS-for-hire threat landscape continues to grow
Radware has highlighted the continued growth of the DDoS-for-hire industry, despite global efforts in the last two years from law enforcement agencies, independent researchers and corporations to curb growth through a series of takedowns and arrests.
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• World
‘Clearing the Cloudiness of SaaS: A SaaS Continuity Control Certification Framework’
A Masters thesis by N.P. Xavier from the Utrecht University Faculty of Science looks at the requirement for maintaining the continuity and availability of SaaS applications and proposes a certification framework.
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• Europe / World
New Zealand Trade and Enterprise releases series of videos on building resilient businesses
To help businesses build resilience in the wake of COVID-19, New Zealand Trade and Enterprise (NZTE) has teamed up with Deloitte and PwC to create a new video series. Insights in the series have been drawn from NZTE’s Export Business Continuity Service workshops, which helped more than 400 companies navigate the fallout from COVID-19.
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• New Zealand
National Preparedness Month starts in the United States
September 1 was the beginning of National Preparedness Month (NPM), which seeks to encourage communities and business across the US to prepare for all types of emergencies and disasters.
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• US
New research looks at how US organizations used AI to support business continuity during the pandemic
IPsoft has published new research, in partnership with Censuswide, examining the uptake of AI during the COVID-19 pandemic and its continuing impact on the American workforce.
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• US
Most firms say business continuity plans have been a success during pandemic: Association of Compliance Officers in Ireland
A survey of 600 members of the Association of Compliance Officers in Ireland (ACOI) has shown how important business continuity planning has been in helping Irish businesses respond effectively to the COVID pandemic and stay afloat over the last few months.
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• Europe
COMPANY AND MARKETS NEWS
Sungard AS uses workarea recovery facilities to launch Serviced Workplace offering across the UK
Sungard Availability Services (Sungard AS) has announced the opening of ‘Serviced Workplaces’ in seven sites across the UK. This service will offer production office space which is tailored to individual customer requirements.
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• UK
Zerto highlights DR-to-Cloud Trend with rapid adoption of Azure
Zerto has highlighted cloud technology and growth trends among its customer base for the first half of 2020. Zerto’s customers are pursuing the disaster recovery (DR)-to-cloud trend with rapid global adoption of Microsoft Azure.
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• US / World
New niche business publisher to target global compliance and risk audience
CCI Media Group LLC has announced the launch of CCI Press, an independent imprint that will publish business and career-related books targeting readers in corporate compliance, risk management and business ethics.
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• US / World
Risk and Governance Officer, Australia
Business Continuity Program Governance VP, US
Senior Manager, Business Continuity, US
Program Manager - Business Continuity, US
Business Continuity Co-ordinator, UK
Technology Resilience and Cyber Senior Associate, UK
Civil Contingencies Officer, UK
Manager, Risk and Resilience, Australia
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Your weekly update of business continuity, enterprise risk management and resilience news.
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Four tips on how to stay resilient when migrating to hybrid multicloud
Many organizations are turning to hybrid multicloud environments to help ensure that resilience is maintained and enhanced in this period of accelerated digital transformation. Andrea Sayles highlights four areas that organizations need to consider in their migration to hybrid multicloud.
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• World
COVID-19: experiences from the ultimate business continuity test
The COVID-19 pandemic has stretched business continuity plans across the world and has tested virtually every planning assumption. Steve Dance highlights some useful lessons learned from this for business continuity managers.
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• UK / World
Evacuations in a global crisis: lessons learned from the COVID-19 pandemic
The COVID-19 pandemic has highlighted the duty of care that organizations have for employee well-being and how this sometimes requires extreme measures. Dr. Rodrigo Rodriguez-Fernandez from International SOS highlights some key lessons learned during the pandemic.
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• World
Hurricane Laura: recovery updates for impacted businesses
Hurricane Laura made landfall on Thursday August 27, 2020, as a Category Four hurricane. This Continuity Central update page will track recovery information for businesses that have been impacted by the storm.
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• US
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World
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Webinar: Coping with a No-Deal Brexit Amid Global Pandemic, a panel discussion |
LATEST NEWS
Season four of The BCPcast business continuity podcast is now available
Databarracks has announced the release of the fourth season of The BCPcast. This season features guests who have managed business continuity and resilience at Experian, the Solicitors Regulation Authority, Ealing and Leicestershire Councils, the UK Cabinet Office and COBRA.
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• UK / World
Why do we distort probability? Scientists explore the cognitive limitations that hamper risk decision-making
Human perception of probabilities - especially very small and very large probabilities - can be markedly distorted and these distortions can lead to potentially disastrous decisions. But why we distort probability has been unclear. Now a team of scientists from New York University and Peking University has published the results of research into the nature of these distortions, which offers potential clues for explaining this phenomenon.
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• US / World
How effective does a COVID-19 vaccine need to be to stop the pandemic?
Researchers around the world are working hard to find a COVID-19 vaccine but how effective does a vaccine need to be to allow a return to normal life? A new study published in the American Journal of Preventive Medicine provides some insights.
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• US / World
COVID-19 resilience requirements resulted in digital transformation being fast-tracked finds new research
The COVID-19 pandemic has accelerated the rate of digital transformation taking place within UK businesses, new research from Studio Graphene has found.
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• UK / World
Research demonstrates enterprises must adapt to address telework security challenges
Fortinet has published its 2020 Remote Workforce Cybersecurity Report, which investigates the cyber security challenges that organizations faced as a result of the dramatic shift to telework early in 2020 and the planned investments to secure remote work going forward.
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• US / World
Survey highlights significant business impacts related to Active Directory outages and attacks
Semperis, has announced the availability of its 2020 study ‘Recovering Active Directory from Cyber Disasters’, which is based on a survey of over 350 identity-centric security leaders.
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• World
Mid-year update to Marsh Political Risk Map 2020 shows that political risk increases across the world
Marsh JLT Specialty has published a mid-year update to its Political Risk Map 2020, providing risk ratings for 197 countries across nine perils from January to July 2020. All 197 countries rated experienced an increase in their risk scores between January and July 2020 compared to 30 percent in the same period in 2019.
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• World
Five lessons from Korea on securing business continuity during COVID-19
The World Bank has published an article which captures lessons that the Korea Public Finance Information Services (KPFIS) learned while ensuring business continuity and remote access during the initial response phase of COVID-19.
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• World
SAI Global publishes 2020 Business Continuity Benchmark Report
SAI Global has released results from a business continuity benchmarking study. ‘Addressing the COVID-19 gap: How Business Continuity professionals can propel business forward’ provides the results of a pre-COVID survey and a March 2020 follow up.
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• World
Researchers use artificial intelligence to strengthen power grid resilience
The US power grid system is not only large but dynamic, which makes it especially challenging to manage. Human operators know how to maintain systems when conditions are static. But when conditions change quickly operators lack a clear way of anticipating how the system should best adapt to meet system security and safety requirements.
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• US
NEW PRODUCTS AND SERVICES
Instinctif Partners launches pandemic response benchmarking tool
Instinctif Partners has launched COVID-19Optic, the latest member in its family of online diagnostic tools, which allows organizations to benchmark their current pandemic response and preparedness for any future disruption.
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• UK / World
Asigra launches Cloud Backup with Deep MFA: extends protection against backup data theft
Asigra Inc. has announced the general availability of Asigra Cloud Backup with Deep MFA, making it among the most heavily defended backup platforms on the market.
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• World
Emerson updates its Location Awareness technology to help manage workplace density
Emerson has enhanced its Location Awareness technology to include social density management and contact tracing to protect employee health and help essential industries safely continue operations during the current pandemic.
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• World
NinjaRMM launches Ninja Data Protection, a new backup solution
NinjaRMM has announced the launch of Ninja Data Protection, the company’s latest product offering for managed service providers (MSPs) and IT professionals. Ninja Data Protection provides both file & folder and image backup solutions fully integrated with NinjaRMM’s flagship platform.
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• World
Head of Business Continuity Management, Australia
Business Resiliency & Disaster Recovery Manager, US
Business Continuity Program Manager, US
Business Continuity Manager, US
Resilience Analyst, UK
Manager, Crisis Management and Organisational Resilience, UK
Sr. Business Continuity Consultant, US
Sr. IT Disaster Recovery Consultant, US
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Your monthly update of ICT continuity news and information
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World Backup Day: comments from various professionals
World Backup Day takes place on March 31st each year and 2020 is no exception. Despite the majority of organizations being occupied with pandemic planning, strategies, and survival it is important not to take the organizational eye of the ball when it comes to business continuity fundamentals. World Backup Day provides a timely reminder of this. Here various industry professionals offer some points to consider…
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• World
Ransomware against the machine: how adversaries are learning to disrupt industrial production by targeting IT and OT
Daniel Kapellmann Zafra, Keith Lunden, Nthan Brubake, and Jeremy Kennelly provide an update on ransomware which targets industrial production and critical infrastructure organizations.
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• US / World
Network misconfiguration risks and how to avoid them
Network misconfigurations not only can cause downtime they can be serious security threats. Avivi Siman-Tov discusses the misconfiguration errors that plague businesses and what strategies they can use to prevent them.
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• World
Back to the future: why tape still has a role in business continuity
Peter Faulhaber, President and CEO, FUJIFILM Recording Media USA, Inc. and Chairman of The Active Archive Alliance, explains why tape shouldn’t be considered as an outdated technology.
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• US / World
Critical data protection steps you may be missing
If it sometimes feels like cyber threats are approaching your organization from all angles, it’s because they are. To protect yourself, you need to secure as many threat vectors as possible. Andy Swift highlights two critical data protection steps everyone should take, and yet many organizations seem to miss.
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• UK / World
Case study: how to respond to the reputational aspects of a cyber incident
While hardly a global brand, a recent cyber attack on Dundee and Angus College provides a good example of how to deal with a cyber incident. Charlie Maclean-Bristol looks at the lessons that can be learnt from the response.
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• UK / World
COVID-19: five points to consider when implementing remote working arrangements
In response to the growing concerns around COVID-19’s potential to develop into a global pandemic may organizations are rapidly developing remote working strategies. Point B highlights five areas that need to be thought about during this process…
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• US / World
A new way to boost business continuity: DR with smart endpoints and a software-defined perimeter (SDP)
The benefits of the cloud as the prime location for disaster recovery backups are well known and accepted by many organizations, but what is often missed is the associated reliance on VPNs, a technology that’s not really designed for the cloud says Don Boxley…
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• World
Cyber security - Do you know your SOC from your SIEM?
Organizations need to be prepared. Now is the time to define a response strategy to ensure a security incident doesn’t turn into a business disaster. Do you know your SOC from your SIEM and more importantly where security compliance and regulation fit in?
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• UK / World
Research looks at organizational backup and restore processes
A research study by Dimensional Research, commissioned by StorageCraft, shows that many organizations’ IT decision makers are not sufficiently prepared for recovery should the need to restore from their data backup arises.
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• World
2020 Cyber Security Breaches Survey results published by UK Government
The UK Department for Digital, Culture, Media & Sport has released the results of the annual survey of cyber security breaches across UK organizations. The Government surveyed UK businesses and charities to find out they approach cyber security and help Government learn more about the cyber security issues faced by industry.
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• UK
Academic case study looks at ‘The Effects of Information Security on Business Continuity’
In a detailed case study, Rodney L. Liggett, from the University of Phoenix, has analyzed the effects of information security on business continuity.
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• US / World
DDoS attacks increased 180 percent in 2019 compared to 2018
Neustar, Inc., has announced that its Security Operations Center (SOC) saw a 168 percent increase in distributed denial-of-service (DDoS) attacks in Q4 2019, compared with Q4 2018, and a 180 percent increase overall in 2019 vs. 2018.
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• World
100 percent of 4G networks may be susceptible to denial of service attacks and 5G is also at risk
Positive Technologies has published its ‘security assessment of Diameter networks’ report. The Diameter signalling protocol is used to authenticate and authorise messages and information distribution in 4G networks. The vulnerabilities in the protocol means 5G networks built on top of previous generation networks will also inherit the same threats - such as tracking user location, obtaining sensitive information and in some cases downgrading users to insecure 3G networks.
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• World
New guidance on integrating cyber security and enterprise risk management
The NIST Computer Security Resource Center (CSRC) has published a draft guidance document looking at how organizations can integrate cyber security and enterprise risk management processes.
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• US / World
NIST provides information resources for secure teleworking
As people around the world transition from an office environment to home working, maintaining cyber security is imperative. For organizations establishing telework security policies, remote access solutions, etc., NIST has developed a comprehensive telework resource guide that provides information on securing enterprise telework, remote access, and bring your own device (BYOD) solutions.
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• US / World
US survey reveals gap between business continuity plans and some of the technologies required to implement them
AvidXchange has polled senior leaders at 500 different US businesses looking at their business continuity planning. This research shows that just over 60 percent of businesses have continuity plans in place, but highlights some gaps in the technologies required to implement the plans.
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• US / World
Data overload is creating a threat for UK businesses
More than half (51 percent) of senior decision-makers among UK businesses feel overwhelmed by the data generated within their organization, a number that rises to 61 percent among those working in larger companies with over 1,000 employees, according to new research from InterSystems.
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• US / World
Warning issued to adopt a heightened state of cyber security when facilitating home working
CISA, the US Cybersecurity and Infrastructure Security Agency, has issued an alert to encourage organizations to adopt a heightened state of cyber security when implementing teleworking in response to COVID-19.
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• US / World
Researchers expose vulnerabilities of password managers
Many organizations allow the use of password managers to help users cope with the multitude of frequently changing passwords that they need to use, however some commercial password managers may be vulnerable to cyber attack by fake apps, new academic research suggests.
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• UK / World
Link11 warns of an uptick in DDOS attacks, which may disrupt remote working plans
Link11 is warning organizations of an increase in length of DDoS attacks over the past three weeks, which risk disrupting business processes for organizations as they implement large-scale remote working plans for employees following the Coronavirus outbreak.
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• Europe / World
Unfixable vulnerability in Intel chipsets’ data security says Positive Technologies
Intel has thanked Positive Technologies experts for their discovery of a vulnerability in Intel CSME. Most Intel chipsets released in the last five years contain the vulnerability in question which presents a data security risk to users.
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• World
Survey highlights the reputational and business risks associated with IT failures
New research into the reaction of customers to IT and technical failures in UK banking services shows the wider impact that IT failures can have on business stakeholders.
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• UK
BCI publishes its annual Horizon Scan Report
BCI has released the 2020 version of its Horizon Scan Report. Sponsored by BSI, the report reflects the concerns of business continuity and resilience professionals when looking ahead to anticipated threats.
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• World
The State of Data Security 2020
Lepide has released a report that reveals an alarming insight into the risks facing data security in enterprises across the globe, as well as insight into how unprepared most organizations are to mitigate those risks.
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• World
Enterprise IT service downtime cost and risk transfer in a supply chain
Researchers from the Nanyang Technological University and the RISE Research Institutes of Sweden have published a new paper which describes a new economic model for analyzing enterprise IT service downtime cost. The paper was published in Operations Management Research.
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• World
Less than half of UK SMEs have an IT disaster recovery plan in place, finds survey
According to research commissioned by full-service IT consultancy ILUX, fewer than half of the UK’s small and medium sized enterprises (SMEs) are prepared to cope adequately in the event of an IT disruption.
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• UK
Quantum Dawn V after-action report published
SIFMA has released the summary of key recommendations from its biennial Quantum Dawn financial sector cyber security global readiness exercise, which was conducted in November 2019.
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• Various
Majority of businesses believe that the impact of 5G will be significant but have security concerns
Businesses believe that 5G will be the most revolutionary network evolution yet but still have concerns about the technology’s security, according to the results of a global study from Accenture.
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• Various
Report reveals impact of GDPR on breach detection rates in EMEA
FireEye, Inc., has published the FireEye Mandiant M-Trends 2020 report, which shares statistics and insights gleaned from FireEye Mandiant investigations around the globe in 2019. The report highlights that GDPR seems to have had a positive impact on security breach detection.
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• World
Take control of cloud backups or risk loss or non-compliance warns 4sl
Financial services organizations need to pay close attention to how their cloud providers backup data, or risk significant data loss or even non-compliance, 4sl has warned.
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• World
RMM platforms with integrated backup will be ongoing attack vector for ransomware in 2020 warns Asigra
Asigra Inc., has released a bulletin to the company's global network of managed service providers warning of the growing ransomware threat to remote monitoring and management (RMM) platforms as an incessant stream of insidious malware variants put solution provider and end-customer applications and data at significant risk.
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• World
Human skill and expertise singled out as the most important element in cyber resilience
More than 40 percent of respondents in the latest poll run by Infosecurity Europe singled out human skill and expertise as the most important element of a successful cyber resilience approach. The aim of the poll was to explore the importance of resilience in cyber security.
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• UK / World
New threat landscape report highlights cyber risk trends
Imperva, Inc., has published its latest Cyber Threat Index, a monthly report and measurement of the global threat landscape based on data from Imperva sensors across the globe. The report reveals sharp increases in high-risk vulnerabilities and public cloud-based attacks on organizations.
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• World
Vast majority of IT leaders say insider data breaches are a major concern
Egress has published the results of its Insider Data Breach Survey 2020. The study found that 97 percent of IT leaders say insider breach risk is a significant concern. 78 percent think employees have put data at risk accidentally in the past 12 months and 75 percent think employees have put data at risk intentionally.
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• Europe / World
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This newsletter highlights all the feature articles published on Continuity Central during February 2020, as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupmar2020.html
FEATURE ARTICLES
Business continuity planning and actions in relation to COVID-19
From 14th to 20th February 2020, Continuity Central conducted an online survey which aimed to capture information to help business continuity managers around the world understand what actions others in the profession are taking in response to or in preparation for COVID-19 infections. The results are now available...
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• World
Myth busters: a business continuity statistical mystery solved?
We have all heard and/or read the often quoted “40 percent of all businesses experiencing a crisis go out of business within one year…”. Ever wonder where that statistic came from? Geary W. Sikich throws new light on an old chestnut...
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• World
A new way to boost business continuity: DR with smart endpoints and a software-defined perimeter (SDP)
The benefits of the cloud as the prime location for disaster recovery backups are well known and accepted by many organizations, but what is often missed is the associated reliance on VPNs, a technology that’s not really designed for the cloud says Don Boxley…
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• World
Cyber security - Do you know your SOC from your SIEM?
Organizations need to be prepared. Now is the time to define a response strategy to ensure a security incident doesn’t turn into a business disaster. Do you know your SOC from your SIEM and more importantly where security compliance and regulation fit in?
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• UK / World
Overwhelmed by data? Why organizations need to rethink their approach
Peter Ruffley explains how there is an urgent need for businesses to become savvier in how they store and move data. The best way to future proof a business is to focus on mission critical data, rather than collecting everything under the sun.
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• UK / World
Novel coronavirus (COVID-19) outbreak updates
This Continuity Central resource page will be regularly updated with the latest news and resources related to the COVID-19 outbreak, which has been designated as a Public Health Emergency of International Concern (PHEIC) by the World Health Organization.
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• World
Targeted flexibility and the art of being prepared
Geary Sikich looks at why traditional risk assessment and business continuity planning methodologies are not always as effective as organizations expect them to be; and makes the case for taking a ‘targeted flexibility’ approach.
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• World
RMM platforms with integrated backup will be ongoing attack vector for ransomware in 2020 warns Asigra
Asigra Inc., has released a bulletin to the company's global network of managed service providers warning of the growing ransomware threat to remote monitoring and management (RMM) platforms as an incessant stream of insidious malware variants put solution provider and end-customer applications and data at significant risk.
Read the article
• World
Human skill and expertise singled out as the most important element in cyber resilience
More than 40 percent of respondents in the latest poll run by Infosecurity Europe singled out human skill and expertise as the most important element of a successful cyber resilience approach. The aim of the poll was to explore the importance of resilience in cyber security.
Read the article
• UK / World
New threat landscape report highlights cyber risk trends
Imperva, Inc., has published its latest Cyber Threat Index, a monthly report and measurement of the global threat landscape based on data from Imperva sensors across the globe. The report reveals sharp increases in high-risk vulnerabilities and public cloud-based attacks on organizations.
Read the article
• World
Vast majority of IT leaders say insider data breaches are a major concern
Egress has published the results of its Insider Data Breach Survey 2020. The study found that 97 percent of IT leaders say insider breach risk is a significant concern. 78 percent think employees have put data at risk accidentally in the past 12 months and 75 percent think employees have put data at risk intentionally.
Read the article
• Europe / World
BPRIM: An integrated framework for business process management and risk management
Researchers from the universities of Toulouse, Sousse and Vienna and from Abamix Consulting have jointly developed BPRIM, the Business Process-Risk Integrated Method framework. This is aimed at providing the first formal framework to help organizations integrate business process management and risk management.
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• Europe / World
Ineffective security products contribute to many breaches finds study
Keysight has released the results from its Security Operations Effectiveness survey, where 50 percent of respondents reported that their organization had experienced a security breach because one or more of their security products was not working as expected.
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• World
‘Organisational Structures for Enterprise and Operational Risk’
The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, has published a benchmarking paper examining the organizational structures for enterprise and operational risk within market infrastructures (MIs).
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• World
Majority of enterprises found to be ill-equipped to detect and respond to PKI degradation or breaches
Keyfactor and Ponemon Institute have released the 2020 edition of ‘The Impact of Unsecured Digital Identities’, a benchmark report exploring enterprises’ ability to manage increasing numbers of cryptographic keys and digital certificates securing network connections.
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• US / World
DDoS report reveals that the complexity and volume of attacks continues to grow
Link11 has released findings from its annual DDoS Report, which revealed a rising number of multivector and cloud computing attacks during 2019.
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• World
New reports provide guidelines for space weather events resilience and GNSS loss
The UCL’s Mullard Space Laboratory and Institute for Risk and Disaster Reduction have released two operational reports that lay out guidelines for assessing and identifying organizational mitigation strategies to help prepare for space weather events, global navigation satellite service failures, and their associated technological disruptions.
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• UK / World
To slow a disease outbreak, focus on handwashing confirms new study
A new study estimates that improving the rates of handwashing by people passing through just 10 of the world's leading airports could significantly reduce the spread of many infectious diseases. And the greater the improvement in people's handwashing habits at airports, the more dramatic the effect on slowing the disease, the researchers found.
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• World
‘Cyber-complacency’ is widespread in UK organizations finds new study
A new Kaspersky study has lifted the lid on the scale of ‘cyber-complacency’ amongst UK businesses. The study revealed that many organizations are failing to take the necessary steps to prevent data breaches, despite many respondents acknowledging they would impact revenue and customer trust.
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• UK
The greatest risk: cascading impacts of climate, biodiversity, food, water crises
The greatest threat to humanity and its organizations hides in the potential cascading of impacts of five highly-related, highly-likely risks: a collision that can amplify these effects catastrophically, according to a new survey of 222 leading scientists from 52 countries.
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• World
Researchers identify the safest locations to evacuate employees to during air contamination incidents
Penn State researchers have published the findings of research into single-source pollution events which has implications for improving evacuation plans during air contamination incidents.
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• US / World
New enterprise risk management guidance released by COSO
To further inform organizations on the benefits of enterprise risk management, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) has published new guidance, ‘Creating and Protecting Value: Understanding and Implementing Enterprise Risk Management’ offering ‘succinct, tangible steps to implement an effective ERM program’.
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• US / World
Organizational cyber threat intelligence (CTI) activities are maturing: SANS survey
Cyber threat intelligence (CTI) has evolved from small, ad hoc tasks performed disparately across an organization to robust programs with their own staff, tools and processes that support the entire organization, according to the SANS Institute 2020 CTI Survey.
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• US / World
Third Annual State of Cyber Resilience study published
Despite higher levels of investment in advanced cyber security technologies over the past three years, less than one-fifth of organizations are effectively stopping cyber attacks and finding and fixing breaches fast enough to lower the impact, according to a new report from Accenture.
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• World
Five cyber security trends for 2020
BSI’s global centre of excellence for Cybersecurity and Information Resilience has forecast five key trends across the cyber security landscape for 2020.
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• World
State of Endpoint Security Risk study shows that 80 percent of successful breaches are from zero-day exploits
A new study released by Ponemon Institute finds that organizations are not making progress in reducing their endpoint security risk, especially against new and unknown threats.
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• World
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Your weekly update of business continuity, enterprise risk management and resilience news.
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COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World
Ransomware against the machine: how adversaries are learning to disrupt industrial production by targeting IT and OT
Daniel Kapellmann Zafra, Keith Lunden, Nthan Brubake, and Jeremy Kennelly provide an update on ransomware which targets industrial production and critical infrastructure organizations.
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• US / World
Six initiatives to help maintain employee performance and engagement during the COVID-19 pandemic
While organizations are focused on business continuity plans and strategies to maintain operations during the COVID-19 pandemic, it is important to also focus on employee well-being. Organizations need to focus on employees’ emotions related to the pandemic to restore productivity and deliver on employee experience, according to Gartner.
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• World
The psychology of bulk buying…
Supermarket and some other supply chains have been heavily impacted by bulk buying during the COVID-19 pandemic. To assist organizations understand this phenomenon, Dr. Ali Fenwick, an expert in human behaviour at Nyenrode Business University, explains why people behave in this way and why it is a predictable reaction…
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• World
LATEST NEWS
2020 Cyber Security Breaches Survey results published by UK Government
The UK Department for Digital, Culture, Media & Sport has released the results of the annual survey of cyber security breaches across UK organizations. The Government surveyed UK businesses and charities to find out they approach cyber security and help Government learn more about the cyber security issues faced by industry.
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• UK
Academic case study looks at ‘The Effects of Information Security on Business Continuity’
In a detailed case study, Rodney L. Liggett, from the University of Phoenix, has analyzed the effects of information security on business continuity.
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• US / World
DDoS attacks increased 180 percent in 2019 compared to 2018
Neustar, Inc., has announced that its Security Operations Center (SOC) saw a 168 percent increase in distributed denial-of-service (DDoS) attacks in Q4 2019, compared with Q4 2018, and a 180 percent increase overall in 2019 vs. 2018.
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• World
Survey finds that only 29 percent of companies globally expect to operate at full capacity during the COVID-19 pandemic
With employee work restrictions in place to combat the COVID-19 crisis, just 29 percent of companies can continue to be fully operational with employee work restrictions in place and 57 percent expect to be partially operational, according to the international ‘Rapid Ratings State of Supply Chain Survey’.
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• World
100 percent of 4G networks may be susceptible to denial of service attacks and 5G is also at risk
Positive Technologies has published its ‘security assessment of Diameter networks’ report. The Diameter signalling protocol is used to authenticate and authorise messages and information distribution in 4G networks. The vulnerabilities in the protocol means 5G networks built on top of previous generation networks will also inherit the same threats - such as tracking user location, obtaining sensitive information and in some cases downgrading users to insecure 3G networks.
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• World
New guidance on integrating cyber security and enterprise risk management
The NIST Computer Security Resource Center (CSRC) has published a draft guidance document looking at how organizations can integrate cyber security and enterprise risk management processes.
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• US / World
NIST provides information resources for secure teleworking
As people around the world transition from an office environment to home working, maintaining cyber security is imperative. For organizations establishing telework security policies, remote access solutions, etc., NIST has developed a comprehensive telework resource guide that provides information on securing enterprise telework, remote access, and bring your own device (BYOD) solutions.
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• US / World
Supply chain resilience during the COVID-19 pandemic: thoughts from Zurich North America
Today, businesses are learning how a global pandemic can put immense strain on supply chains. The spread of COVID-19 is not only impacting shipping lanes, ports and locations, but also the people inside manufacturing facilities who are making the products.
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• US / World
‘Organizations should follow a five-phase approach for resilient business continuity models during Coronavirus disruptions’ says Gartner
A five-phase strategic and systematic approach to strengthen the resilience of organizations’ current business models is key to business continuity during the coronavirus pandemic, according to Gartner, Inc.
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• World
NOAA forecasts widespread US flooding this spring
NOAA forecasters predict widespread flooding this Spring, but do not expect it to be as severe or prolonged overall as the historic floods in 2019. Major to moderate flooding is likely in 23 states from the Northern Plains south to the Gulf Coast, with the most significant flood potential in parts of North Dakota, South Dakota and Minnesota.
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• US
NEW PRODUCTS AND SERVICES
Zerto 8.0 launched: expands data protection and recovery capabilities across on-premises and cloud
Zerto has announced the general availability of Zerto 8.0, expanding disaster recovery, data protection, and mobility for hybrid and multi-cloud environments with strategic partners. Zerto 8.0 introduces new integration with Google Cloud, deeper integrations with Azure, AWS public cloud platforms, and new innovations with VMware.
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• World
COMPANIES AND MARKETS
Everbridge acquires cell broadcast technology leader one2many
Everbridge has announced that the company has acquired the leading global provider of cell broadcast solutions for safety applications, one2many, in order to provide a mobile-optimized, full-lifecycle solution for meeting and exceeding EU regulatory and other global initiatives for countrywide population alerting.
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• World
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This newsletter highlights all the feature articles published on Continuity Central during November 2020, as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupdec2020.html
FEATURE ARTICLES
Organizations risk failing cyber security assessments on home networks protection
With various levels of lockdowns in place in many European countries, are smaller companies fighting a losing battle when it comes to renewing cyber security certification? Richard Hughes believes this is the case…
Read the article
• UK / World
Cyber security in 2021: four predictions for how the threat landscape will develop
Despite the clear and present danger that the COVID-19 pandemic presents, most organizations are aware that cyber threats are a top long term issue that needs to be addressed. In this article Avesta Hojjati looks at four cyber threat areas that will develop in 2021.
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• World
Why the public sector is an increasing target for cyber criminals
The public sector is vulnerable to cyber attacks and a crippling attack on a major public sector organization is a real risk for 2021. Steve Robinson explains why this is the case and what public sector organizations need to do to mitigate the risk.
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• World
Increased employee fatigue due to remote working is an issue that BC managers need to be aware of
Remote working has been one of the main business continuity strategies employed during the COVID-19 pandemic, but researchers have shown that remote working results in increased fatigue for employees, something which needs to be taken into account and managed.
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• UK / World
Tips to help retailers ensure that Black Friday is secure and incident free
As retailers in many countries plan for this year’s Black Friday and Cyber Weekend under the shadow of various levels of lockdown and COVID-19 restrictions, Continuity Central asked six cyber security experts for their tips for how retailers can continue to safeguard their operations in these unusual times.
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• World
How artificial intelligence video analytics can help businesses comply with COVID-19 restrictions
As restrictions to protect the public from the spread of COVID-19 continue to adapt and change, it is vital to review and assess how social distancing measures can be effectively enforced within business environments. Chris Bishop looks at how AIVA (artificial intelligence video analytics) is proving effective in this area.
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• UK / World
Risk to reward: creating a competitive advantage out of risk management
We’re told that, in a modern market landscape, each business process should add value. But is there really competitive advantage in risk management – and how can this be optimised? Dr. Iain Brown makes some suggestions…
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• UK / World
Business continuity management lessons learned in 2020
As organizations around the world were abruptly thrown into having to respond to the COVID-19 outbreak, business continuity management became a key focal point. With hindsight there is, of course, much to learn about how things can be improved for future events. Here Marc Hardwick highlights some key lessons learned…
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• UK / World
Ten signs it’s time to review your endpoint protection
Even the best endpoint protection grows weak after a while, cracking the door open for attackers with new skills and technologies. But how can you know when your organization’s endpoint security needs to be renewed and refreshed? BlackBerry has provided the following list of ten signs that it’s time to review your endpoint protection...
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• World
How to prepare IP network infrastructure for the 5G era
5G is rapidly approaching, yet many companies are still struggling to cover the basics to ensure their infrastructure compatibility and to gain the benefits that the technology can bring. Vincentas Grinius and Zilvinas Vaickus share some pointers to keep in mind while planning your 5G migration strategy…
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• World
2021 cyber security predictions from WatchGuard
WatchGuard Technologies has provided its 2021 cyber security predictions. These cover the most prominent attacks and infosec trends that the WatchGuard’s Threat Lab research team believes will emerge next year, including a tidal wave of automated spear phishing campaigns.
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• World
Research shows that some employees are concerned that organizations are putting business continuity before safety
New research commissioned by ServiceNow has surveyed 900 C-suite leaders and 8,100 employees from various organizations to look at how organizations are adapting to pandemic disruption.
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• UK / World
Business Resilience Trends survey results published by International SOS
The risk level to the global workforce has reached its highest since 2016 according to the findings of International SOS’s Business Resilience Trends survey of over 1,400 risk professionals across 99 countries. This was carried out by Ipsos MORI and the results have been published in the report ‘Risk Outlook 2021’ which also includes insights from the Workforce Resilience Council and extensive International SOS proprietary data.
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• World
Areas where the next pandemic could emerge from highlighted by international team of researchers
Research has been published highlighting the areas where wildlife-human interfaces intersect with areas of poor human health outcomes and highly globalized cities, which could give rise to the next pandemic unless preventative measures are taken.
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• World
Building supply chain resilience is a 2021 priority for two-thirds of organizations
More than 80 percent of organizations have reported that their supply chains have been negatively impacted by the COVID-19 crisis, with a vast majority struggling across all aspects of their operations. This is according to new research from the Capgemini Research Institute, ‘Fast forward: Rethinking supply chain resilience for a post-COVID-19 world’.
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• World
Audit chiefs see IT governance as top risk for 2021 says Gartner
COVID-19 has reorganized the risk landscape for chief audit executives (CAEs), and CAEs have listed IT governance as the top risk for 2021, according to Gartner. Analysts say that the pandemic is giving rise to new sets of risks while exacerbating long-standing vulnerabilities.
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• World
Third-party risk management programs studied: questionnaires a weak area?
RiskRecon, a Mastercard Company, and the Cyentia Institute have published an in-depth study that explores the current state of third-party risk management (TPRM) programs and practices. The research found that TPRM professionals increasingly do not trust that security questionnaires provide sufficient information to properly understand and act on their third-party risk.
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• World
CompTIA issues new guide: ‘The Who, What, Why and How of DDoS Attacks’
Tech association, CompTIA, has made a guide to DDoS attacks available to assist organizations manage this important cause of downtime. ‘The Who, What, Why and How of DDoS Attacks’ has been designed to be useful to people with all types of backgrounds - from those new to the concept all the way to seasoned IT professionals.
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• World
FEMA launches new National Risk Index: helps communities and businesses analyze their natural hazards risks
FEMA has announced the Phase 1 rollout of the National Risk Index, a new online resource that helps highlight locations which are most at risk from natural hazards. The mapping application analyzes risk factors from 18 natural hazards and includes layers for expected annual losses, social vulnerability, and community resilience.
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• US
The Software Engineering Institute launches model for enterprise risk management
The Software Engineering Institute (SEI) has released the latest model in its Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE) suite. The OCTAVE FORTE (OCTAVE For the Enterprise) model for enterprise risk management helps executives and other decision makers understand and prioritize the complex risks affecting their organizations.
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• US / World
Cost of ransomware related downtime nearly doubles since 2019 according to new report
Datto has published its fifth annual Global State of the Channel Ransomware Report, which provides the views of more than 1,000 MSPs on the security posture of small and medium sized businesses (SMBs), along with other notable trends driving ransomware breaches.
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• US / World
75 percent of companies plan to make changes to build more resilient supply chains
BluJay Solutions has released the findings from its third annual supply chain research study in the report, 'Creating Resilience Amid Disruption: Research on How Supply Chains are Changing for Success and Survival'.
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• UK / World
Changing tactics and targets: five ransomware challenges for 2021
Asigra Inc. has identified five ransomware challenges which it expects to impact businesses in 2021, driven in part by an escalation of increasingly sophisticated ransomware attacks globally.
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• World
New paper from Enlighten sets out the ‘three pillars of operational resilience’
Enlighten has released a new paper looking at operational resilience and setting out what it says are the three pillars of operational resilience. The document is focused on Australian organizations but is relevant around the world.
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• Australia / World
Cyber security predictions for 2021: securing the ‘next normal’
Check Point Software Technologies Ltd. has released its cyber security predictions for 2021; detailing the key security challenges that organizations will face over the next year. Check Point’s cyber security predictions for 2021 are broken down into three categories: COVID-19 related developments; malware, privacy and cyber-conflicts; and emerging 5G and IoT platforms…
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• World
Standards Australia consults on risk management and business continuity briefing paper
Standards Australia has published a briefing paper to explore the way forward for risk management and business continuity standards published by the organization. The ‘Risk Management and Business Continuity Sector Briefing Paper’ outlines a proposed plan for activities in this area.
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• Australia
Roundup of October’s major natural disasters around the world
Aon plc has published the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during October 2020.
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• World
Surveys look at the risk environment and how organizations expect it to develop in 2021
During ‘Audit & Beyond’, AuditBoard’s second annual user conference, more than five thousand audit, risk, and compliance professionals virtually convened for two days to discuss the dynamic state of risk in 2020 and its associated challenges. In a series of surveys that AuditBoard conducted throughout the conference sessions, it found that the majority of those surveyed believe risk will continue to be dynamic and unpredictable in 2021 and beyond.
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• World
2021 cyber threat trends outlook
Booz Allen has published a detailed look at the evolving cyber threat landscape, looking ahead to 2021 and predicting how this is likely to change. ‘Cyber Threat Trends Outlook’ says that cyber threats are increasing in both scope and frequency.
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• World
UK National Counter Terrorism Security Office publishes business continuity guidance
Coinciding with the UK's terrorism threat level being raised from ‘substantial’ to ‘severe’, meaning that a terror attack is ‘highly likely’, the National Counter Terrorism Security Office has released new guidance on managing business continuity.
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• UK
US Federal bank regulatory agencies publish paper on operational resilience
Federal bank regulatory agencies have released 'Sound Practices to Strengthen Operational Resilience', a paper outlining sound practices designed to help large banks increase operational resilience ‘in the face of internal and external operational risks that, left unchecked, could lead to a wide-scale disruption’.
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• US
Cyber security CEO predicts that smaller companies will be a large target for attacks in 2021
Working from home policies, whilst necessary to curtail COVID-19, have exposed smaller enterprises to a level of sophisticated cyber attack ordinarily reserved for large multi-nationals and the impact will lead to a further sharp rise in data breaches, according to Dave Waterson, CEO at security protection software company, SentryBay.
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• World
IIA report looks at 2021 risk landscape; identifies business continuity gap between board and C-suite
The Institute of Internal Auditors (IIA) has published ‘OnRisk: A Guide to Understanding, Aligning, and Optimizing Risk 2021’ which examines the views of those who most directly involved in risk management – boards, executive management, and internal audit.
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• World
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing693.html
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Probability of events: a theoretical application of the VRPD function to organizational processes
In a previous Continuity Central article, Alejandro Aristizábal Correa looked at ways to calculate the probability of events and introduced the Variable-Rate Probability Distribution (VRPD) theorem. In this article he shows how the VRPD concept can be used in practice by business continuity managers.
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• World
Getting started with operational resilience
Many organizations are currently starting to move towards operational resilience. In this article Patrick Potter looks at what operational resilience is, how it differs from business continuity, and the initial steps that organizations should take to implement it.
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• World
Expectations of a superhuman incident response
COVID-19 has shown organizations that sometimes change can be forced upon us in ways that it would be impossible to predict. Petra Morrison says that there are various superpowers which exist in most organizations which can provide the necessary agility to respond - if they are brought together.
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• UK / World
What to look for in a next generation privileged access management solution
A security breach of a privileged account is a nightmare that organizations hope they will never need to respond to. Alan Radford explains how next generation privileged access management (PAM) solutions provide assurance in this area; and what such a PAM should include.
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• World
LATEST NEWS
New research finds aggressive US growth in ransomware, reductions elsewhere
SonicWall Capture Labs threat researchers have published third-quarter threat intelligence collected by the company’s more than 1 million global security sensors. Year-to-date findings through to the end of September 2020 highlight regional variations in ransomware usage trends, while overall malware volume declined for the third consecutive quarter.
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• World
The Business Continuity Coalition launches in the US to lobby government
A new organization, The Business Continuity Coalition (BCC), has been set up in the United States with the aim of helping pandemic recovery by ‘working with Congress, the Administration, and other stakeholders to achieve a workable Federal program that enhances and strengthens economic recovery’.
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• US
Immutable storage subversion attacks can present a severe threat to backup data says Asigra
Asigra, Inc., has released a statement emphasizing the ‘importance of cybersecurity-enabled backup and recovery with software integrated step-up multi-factor authentication (‘Deep MFA’)’. The company says that this is increasingly important as immutability storage subversion attacks expose corporate backup repositories to hackers using stolen backup operator and administrator login credentials, leading to maliciously re-configured settings within the backup application and preventing successful data recovery operations.
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• World
Many organizations are failing to manage high-risk vulnerabilities
Positive Technologies (PT) performed instrumental scanning of the network perimeter of selected corporate information systems. A total of 3,514 hosts were scanned, including network devices, servers, and workstations. The results show the presence of high-risk vulnerabilities at most companies.
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• World
SIFMA leads securities industry business continuity test in the US
On Saturday, October 24th, 2020, SIFMA coordinated a business continuity test for the US securities sector. The aim was to assess the industry’s ability to operate through a significant emergency using backup sites, recovery facilities and backup communications capabilities.
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• US
Experts team up to develop supply chain resilience stress testing using digital twins
Accenture and the Massachusetts Institute of Technology (MIT) are co-developing a supply chain resilience stress test for assessing operational and financial risks created by major market disruptions, disasters or other catastrophic events.
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• World
New control architecture defends complex interconnected systems against cyber attacks
Researchers have developed a novel control architecture that defends complex, interconnected systems previously vulnerable to cyber attacks. Details were published in the IEEE/CAA Journal of Automatica Sinica.
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• World
2020 Trustwave Data Security Index report finds that perceived threats do not match actual incidents
Trustwave has released the 2020 Trustwave Data Security Index report which shows how technology trends, compromise risks, and regulations are shaping how organizations’ data is stored and protected.
Read the article
• Various
Cyber attacks becoming more sophisticated, targeted, widespread and undetected says ENISA
ENISA, the European Union Agency for Cybersecurity, has published the 8th annual ENISA Threat Landscape (ETL) report, identifying and evaluating the top cyber threats for the period January 2019-April 2020.
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• Europe
Three quarters of UK consumers won’t shop with a organization which has experienced a successful cyber attack
With shoppers looking ahead to the busy festive season, PCI Pal, the global provider of cloud-based secure payment solutions, has released a new study that shows data security concerns will influence how and where people make their purchases this year.
Read the article
• UK
New BCI report looks at ‘Technology & Business Continuity in Organizational Resilience’
The BCI has published its latest thought leadership report, which looks at how business continuity professionals should work with their counterparts in IT and/or cyber security to increase resilience across the organization.
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• World
Gartner says organizations should use ‘composability’ to be resilient and agile during uncertainty
CIOs and IT leaders who use ‘composability’ to deal with continuing business disruption due to the COVID-19 pandemic and other factors will make their enterprises more resilient, more sustainable and make more meaningful contributions, according to Gartner, Inc.
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• World
RIMS report looks at why organizations are moving from ERM to strategic risk management
For the past 30 years, enterprise risk management (ERM) programs have helped organizations proactively identify and address risks, however, many times it provides limited insight into strategy and strategic risks, according to a new RIMS report, ‘Pivoting from ERM to SRM’.
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• US / World
BCI releases final shortlist for the 2020 Global Awards
The 2020 BCI Global Awards will be presented via a virtual awards ceremony, taking place at 11am GMT on Thursday 19th November. The Global Awards bring the winners from all of the BCI’s regional business continuity and resilience awards together to be judged for the Global title.
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• World
COMPANY AND MARKETS NEWS
Assurance, Avalution and Clearview combine as Castellan Solutions
Three of the leading global providers of business continuity management software and services – Assurance Software, Avalution Consulting, and ClearView Continuity – have officially rebranded as Castellan Solutions.
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• World
Disaster Recovery Journal announces that DRJ Spring 2021 will be a hybrid physical and virtual event
Disaster Recovery Journal (DRJ) has officially announced the launch of DRJ Spring 2021. With the theme of 'A New Era of Resiliency', the conference will take place March 28th-31st, 2021, both virtually and in-person in Orlando, Fla., US.
Read the article
• US
NEW PRODUCTS AND SERVICES
New ‘Blocky for Veeam’ protects Veeam backups from ransomware attacks
GRAU DATA has announced the general availability of Blocky for Veeam, which protects Veeam backups by denying any file access from unauthorised application processes.
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• World
Zerto new data protection solution ‘brings significant change to the backup industry’
Zerto has launched Zerto Data Protection (ZDP), which ‘displaces traditional backup with continuous data protection (CDP) for all applications’ according to the company.
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• World
AI powered Proximity Detection solution launched to aid organizations with social distancing
Ipsotek, a pioneer in artificial intelligence (AI) powered video analytics, has announced the launch of a Proximity Detection solution to help businesses across a range of industries monitor adherence to social distancing guidelines enforced by the COVID-19 pandemic.
Read the article
• UK / World
Disaster Recovery Specialist, US
Business Continuity Analyst, US
Business & Risk Continuity Officer, UK
Organisational Readiness Advisor, New Zealand
Senior Manager Security Continuity and Resilience, Australia
IT Business Continuity Specialist, Australia
Security, Business Continuity Planning & Emergency Management VP, US
VP, Global Business Continuity Management, US
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Survey shows significant business impacts for organizations caught with poor data security practices
A survey for PCI Pal shows that a significant proportion of consumers will act with their feet and take their custom elsewhere, should their personal data be compromised by a business due to poor security practices amid the current pandemic.
Read the article
• UK / World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
Exploring digital twin technology as a way of managing supply chain risks and resilience
A new paper in the Production Planning & Control journal explores how a digital supply chain twin could be utilized to improve the management of supply chain risks and resilience.
Read the article
• World
Swiss Re’s SONAR report highlights emerging risks and trends
Swiss Re has published its 2020 SONAR report, which highlights emerging risks facing businesses, communities, and societies. Despite the current pandemic the report says that the most important emerging risks over the next three years are overstretched cyber security and rising intergenerational imbalances.
Read the article
• World
Many organizations are taking security risks when supporting work from home
Bitglass has released its 2020 Remote Work Report, which analyses how organizations have adjusted to support remote workers amidst the COVID-19 pandemic.
Read the article
• World
WHO highlights another emerging future health-related crisis: antimicrobial resistance
The World Health Organizations says that a record number of countries are now monitoring and reporting on antibiotic resistance. This is a major step forward in the global fight against drug resistance but is highlighting that ‘a worrying number of bacterial infections are increasingly resistant to the medicines at hand to treat them’.
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• World
Insurance: Marsh report makes case for public-private pandemic risk solution
Marsh has published a new report that makes the case for a public-private pandemic risk solution to meet post-lockdown insurance needs.
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• World
‘A Likert Scale-Based Model for Benchmarking Operational Capacity, Organizational Resilience, and Disaster Risk Reduction’
A new short paper has been published in the International Journal of Disaster Risk Science by a research group at the Institute for Risk and Disaster Reduction at University College London, in collaboration with the Universidad Nacional Autónoma de México.
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• World
Three emerging societal risks that organizations should be aware of as lockdowns relax
International SOS has experienced a large rise in COVID-19 related physical security cases during the pandemic. The company has analysed trends related to this increase and is highlighting three emerging societal challenges that may impact organizations.
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• World
FERMA asks the European Commission to consider the creation of an EU resilience framework for catastrophic risks
The Federation of European Risk Management (FERMA) has called on the European Commission to create an EU resilience framework for catastrophic risks to ‘address the severe shortage of business interruption insurance without physical damage (NDBI)’.
Read the article
• Europe
The return from lockdown: seven risk and compliance considerations for distributed workforces
NAVEX Global has provided a checklist of seven key considerations for business leaders and decision makers preparing their organizations for a return to work after COVID-19 lockdowns.
Read the article
• World
World Economic Forum publishes report looking at how COVID-19 risks may develop
‘Prolonged global recession’, ‘high unemployment’, ‘another outbreak of infectious disease’, and protectionism dominate the list of near-term worries for companies, according to the World Economic Forum’s new report, COVID-19 Risks Outlook: A Preliminary Mapping and Its Implications.
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• World
Verizon issues its Business 2020 Data Breach Investigations Report
The Verizon Business 2020 Data Breach Investigations Report (2020 DBIR) shows that organized crime is behind a high number of successful cyber attacks.
Read the article
• World
Airmic calls for change in approach to insurers’ pandemic response
Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and business sensitive position on the COVID-19 pandemic or risk long-term damage to trust and reputation and loss of customers.
Read the article
• UK
Facility restart risks that need addressing before allowing reopening
With businesses in many countries now preparing to reopen after a period of pandemic induced inactivity, Allianz Global Corporate & Specialty (AGCS) has highlighted a number of risks which need addressing before dormant facilities are reactivated.
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• World
Enterprise security and the resurgence of ransomware
A recent resurgence in ransomware has seen it shoot right back to the top of the cyber crime list. While much of this resurgence can be attributed to the arrival of new ransomware mutations, another factor seems to be playing a major role as well; the growth of cyber insurance. Jan van Vliet explains…
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• World
Research confirms links between cyber attacks, consumer purchasing, and brand loyalty
Arcserve, LLC, has released results from new research that measures how cyber crime influences purchasing activity and brand loyalty. It found that while most consumers are taking necessary security precautions to protect their online accounts, some businesses may not be doing enough to protect their information – inadvertently driving sales to competitors that can.?
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• World
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This newsletter highlights all the feature articles published on Continuity Central during March 2020, as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupapr2020.html
FEATURE ARTICLES
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
World Backup Day: comments from various professionals
World Backup Day takes place on March 31st each year and 2020 is no exception. Despite the majority of organizations being occupied with pandemic planning, strategies, and survival it is important not to take the organizational eye of the ball when it comes to business continuity fundamentals. World Backup Day provides a timely reminder of this. Here various industry professionals offer some points to consider…
Read the article
• World
Keeping resilient while home working – useful tips and techniques
Dominic Irvine has spent 20 years working from home. Here he builds on this experience to offer advice for how to ensure that yourself and your team maintain business as usual while working at home.
Read the article
• UK / World
Ransomware against the machine: how adversaries are learning to disrupt industrial production by targeting IT and OT
Daniel Kapellmann Zafra, Keith Lunden, Nthan Brubake, and Jeremy Kennelly provide an update on ransomware which targets industrial production and critical infrastructure organizations.
Read the article
• US / World
Six initiatives to help maintain employee performance and engagement during the COVID-19 pandemic
While organizations are focused on business continuity plans and strategies to maintain operations during the COVID-19 pandemic, it is important to also focus on employee well-being. Organizations need to focus on employees’ emotions related to the pandemic to restore productivity and deliver on employee experience, according to Gartner.
Read the article
• World
The psychology of bulk buying…
Supermarket and some other supply chains have been heavily impacted by bulk buying during the COVID-19 pandemic. To assist organizations understand this phenomenon, Dr. Ali Fenwick, an expert in human behaviour at Nyenrode Business University, explains why people behave in this way and why it is a predictable reaction…
Read the article
• World
Academic case study looks at ‘The Effects of Information Security on Business Continuity’
In a detailed case study, Rodney L. Liggett, from the University of Phoenix, has analyzed the effects of information security on business continuity.
Read the article
• US / World
Network misconfiguration risks and how to avoid them
Network misconfigurations not only can cause downtime they can be serious security threats. Avivi Siman-Tov discusses the misconfiguration errors that plague businesses and what strategies they can use to prevent them.
Read the article
• World
Back to the future: why tape still has a role in business continuity
Peter Faulhaber, President and CEO, FUJIFILM Recording Media USA, Inc. and Chairman of The Active Archive Alliance, explains why tape shouldn’t be considered as an outdated technology.
Read the article
• US / World
WHO declares COVID-19 pandemic: now is the time to validate your plan
As every business continuity manager will be aware, the World Health Organization has designated the COVID-19 outbreak as a pandemic. What should organizations do in response? The first action is to validate your pandemic plan says Geary W. Sikich…
Read the article
• US / World
Human impacts on business continuity: how to create a workplace culture that manages stress
BCI’s latest Horizon Scan Report found that health incidents have replaced IT and telecom outages as the leading cause of disruption for organizations over the past twelve months. Workplace stress is a major contributor to health incidents and, in this article, CABA, the wellbeing charity, shares advice on creating cultures that help to manage stress in the workplace.
Read the article
• UK / World
Research looks at organizational backup and restore processes
A research study by Dimensional Research, commissioned by StorageCraft, shows that many organizations’ IT decision makers are not sufficiently prepared for recovery should the need to restore from their data backup arises.
Read the article
• World
2020 Cyber Security Breaches Survey results published by UK Government
The UK Department for Digital, Culture, Media & Sport has released the results of the annual survey of cyber security breaches across UK organizations. The Government surveyed UK businesses and charities to find out they approach cyber security and help Government learn more about the cyber security issues faced by industry.
Read the article
• UK
DDoS attacks increased 180 percent in 2019 compared to 2018
Neustar, Inc., has announced that its Security Operations Center (SOC) saw a 168 percent increase in distributed denial-of-service (DDoS) attacks in Q4 2019, compared with Q4 2018, and a 180 percent increase overall in 2019 vs. 2018.
Read the article
• World
Survey finds that only 29 percent of companies globally expect to operate at full capacity during the COVID-19 pandemic
With employee work restrictions in place to combat the COVID-19 crisis, just 29 percent of companies can continue to be fully operational with employee work restrictions in place and 57 percent expect to be partially operational, according to the international ‘Rapid Ratings State of Supply Chain Survey’.
Read the article
• World
100 percent of 4G networks may be susceptible to denial of service attacks and 5G is also at risk
Positive Technologies has published its ‘security assessment of Diameter networks’ report. The Diameter signalling protocol is used to authenticate and authorise messages and information distribution in 4G networks. The vulnerabilities in the protocol means 5G networks built on top of previous generation networks will also inherit the same threats - such as tracking user location, obtaining sensitive information and in some cases downgrading users to insecure 3G networks.
Read the article
• World
New guidance on integrating cyber security and enterprise risk management
The NIST Computer Security Resource Center (CSRC) has published a draft guidance document looking at how organizations can integrate cyber security and enterprise risk management processes.
Read the article
• US / World
NIST provides information resources for secure teleworking
As people around the world transition from an office environment to home working, maintaining cyber security is imperative. For organizations establishing telework security policies, remote access solutions, etc., NIST has developed a comprehensive telework resource guide that provides information on securing enterprise telework, remote access, and bring your own device (BYOD) solutions.
Read the article
• US / World
Supply chain resilience during the COVID-19 pandemic: thoughts from Zurich North America
Today, businesses are learning how a global pandemic can put immense strain on supply chains. The spread of COVID-19 is not only impacting shipping lanes, ports and locations, but also the people inside manufacturing facilities who are making the products.
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• US / World
‘Organizations should follow a five-phase approach for resilient business continuity models during Coronavirus disruptions’ says Gartner
A five-phase strategic and systematic approach to strengthen the resilience of organizations’ current business models is key to business continuity during the coronavirus pandemic, according to Gartner, Inc.
Read the article
• World
IABM collates COVID-19 related business continuity resources
IABM, the international trade association for Broadcast and Media technology suppliers, has produced a comprehensive ‘virtual repository’ to collate COVID-19 related business continuity resources from around the world.
Read the article
• World
US survey reveals gap between business continuity plans and some of the technologies required to implement them
AvidXchange has polled senior leaders at 500 different US businesses looking at their business continuity planning. This research shows that just over 60 percent of businesses have continuity plans in place, but highlights some gaps in the technologies required to implement the plans.
Read the article
• US / World
Data overload is creating a threat for UK businesses
More than half (51 percent) of senior decision-makers among UK businesses feel overwhelmed by the data generated within their organization, a number that rises to 61 percent among those working in larger companies with over 1,000 employees, according to new research from InterSystems.
Read the article
• US / World
New BSI report highlights the current key drivers of global supply chain disruption
BSI has published its Supply Chain Risk Insights 2020 Report that identifies the trends and associated risks impacting global supply chains in the year ahead.
Read the article
• World
Warning issued to adopt a heightened state of cyber security when facilitating home working
CISA, the US Cybersecurity and Infrastructure Security Agency, has issued an alert to encourage organizations to adopt a heightened state of cyber security when implementing teleworking in response to COVID-19.
Read the article
• US / World
Five sustainability trends to monitor to avoid potential risks
As demand for business to demonstrate its sustainability credentials grows, companies are being held accountable by consumers, investors, regulators and other stakeholders and increasingly face reputational damage or legal liabilities if they fail to appropriately manage ESG issues.
Read the article
• World
One-third of financial firms lack clear plan to address privacy risks
One-third of financial services organizations lack a clear plan or the resources to address privacy risks related to customer data in the next 12 months, according to a new report by Accenture.
Read the article
• US / UK / Europe
Researchers expose vulnerabilities of password managers
Many organizations allow the use of password managers to help users cope with the multitude of frequently changing passwords that they need to use, however some commercial password managers may be vulnerable to cyber attack by fake apps, new academic research suggests.
Read the article
• UK / World
How misinformation spreads: researchers look at ways of making crisis information on social media more accurate
In an Internet-driven world, social media has become the go-to source of all kinds of information. This is especially relevant in crisis situations, when warnings and risk-related information are actively circulated on social media. But currently, there is no way of determining the accuracy of the information. This has sometimes resulted in the spread of misinformation.
Read the article
• World
Link11 warns of an uptick in DDOS attacks, which may disrupt remote working plans
Link11 is warning organizations of an increase in length of DDoS attacks over the past three weeks, which risk disrupting business processes for organizations as they implement large-scale remote working plans for employees following the Coronavirus outbreak.
Read the article
• Europe / World
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing674.html
| A note from the editor... I wanted to include a quick note in this week’s Continuity Briefing to explain our current publishing policy. Continuity Central is working hard to provide high quality and timely information on COVID-19 and pandemic planning, however we are also trying to avoid blanket coverage. While the risk-profile will have changed, other business continuity threats have not gone away and it is important not to take our collective eye off the ball when it comes to these areas. So, with this in mind you will find that this and future issues of Continuity Briefing will continue to cover a wide-range of subjects. David Honour, editor. |
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
Network misconfiguration risks and how to avoid them
Network misconfigurations not only can cause downtime they can be serious security threats. Avivi Siman-Tov discusses the misconfiguration errors that plague businesses and what strategies they can use to prevent them.
Read the article
• World
Back to the future: why tape still has a role in business continuity
Peter Faulhaber, President and CEO, FUJIFILM Recording Media USA, Inc. and Chairman of The Active Archive Alliance, explains why tape shouldn’t be considered as an outdated technology.
Read the article
• US / World
WHO declares COVID-19 pandemic: now is the time to validate your plan
As every business continuity manager will be aware, the World Health Organization has designated the COVID-19 outbreak as a pandemic. What should organizations do in response? The first action is to validate your pandemic plan says Geary W. Sikich…
Read the article
• US / World
Human impacts on business continuity: how to create a workplace culture that manages stress
BCI’s latest Horizon Scan Report found that health incidents have replaced IT and telecom outages as the leading cause of disruption for organizations over the past twelve months. Workplace stress is a major contributor to health incidents and, in this article, CABA, the wellbeing charity, shares advice on creating cultures that help to manage stress in the workplace.
Read the article
• UK / World
LATEST NEWS
Bank of England and PRA announce that operational resilience consultation deadline has been extended
As part of a number of measures to reduce the current COVID-19 pressures on banks and regulated firms, the Bank of England and Prudential Regulation Authority will, in line with the Financial Conduct Authority (FCA), extend the deadline for the ongoing operational resilience consultation.
Read the article
• UK
IABM collates COVID-19 related business continuity resources
IABM, the international trade association for Broadcast and Media technology suppliers, has produced a comprehensive ‘virtual repository’ to collate COVID-19 related business continuity resources from around the world.
Read the article
• World
US survey reveals gap between business continuity plans and some of the technologies required to implement them
AvidXchange has polled senior leaders at 500 different US businesses looking at their business continuity planning. This research shows that just over 60 percent of businesses have continuity plans in place, but highlights some gaps in the technologies required to implement the plans.
Read the article
• US / World
Data overload is creating a threat for UK businesses
More than half (51 percent) of senior decision-makers among UK businesses feel overwhelmed by the data generated within their organization, a number that rises to 61 percent among those working in larger companies with over 1,000 employees, according to new research from InterSystems.
Read the article
• US / World
New BSI report highlights the current key drivers of global supply chain disruption
BSI has published its Supply Chain Risk Insights 2020 Report that identifies the trends and associated risks impacting global supply chains in the year ahead.
Read the article
• World
Warning issued to adopt a heightened state of cyber security when facilitating home working
CISA, the US Cybersecurity and Infrastructure Security Agency, has issued an alert to encourage organizations to adopt a heightened state of cyber security when implementing teleworking in response to COVID-19.
Read the article
• US / World
Five sustainability trends to monitor to avoid potential risks
As demand for business to demonstrate its sustainability credentials grows, companies are being held accountable by consumers, investors, regulators and other stakeholders and increasingly face reputational damage or legal liabilities if they fail to appropriately manage ESG issues.
Read the article
• World
One-third of financial firms lack clear plan to address privacy risks
One-third of financial services organizations lack a clear plan or the resources to address privacy risks related to customer data in the next 12 months, according to a new report by Accenture.
Read the article
• US / UK / Europe
Researchers expose vulnerabilities of password managers
Many organizations allow the use of password managers to help users cope with the multitude of frequently changing passwords that they need to use, however some commercial password managers may be vulnerable to cyber attack by fake apps, new academic research suggests.
Read the article
• UK / World
How misinformation spreads: researchers look at ways of making crisis information on social media more accurate
In an Internet-driven world, social media has become the go-to source of all kinds of information. This is especially relevant in crisis situations, when warnings and risk-related information are actively circulated on social media. But currently, there is no way of determining the accuracy of the information. This has sometimes resulted in the spread of misinformation.
Read the article
• World
Link11 warns of an uptick in DDOS attacks, which may disrupt remote working plans
Link11 is warning organizations of an increase in length of DDoS attacks over the past three weeks, which risk disrupting business processes for organizations as they implement large-scale remote working plans for employees following the Coronavirus outbreak.
Read the article
• Europe / World
AICPA launches new supply chain risk management reporting framework
To help manufacturers, producers, distribution companies and their customers and business partners identify, assess and address supply chain risks, the American Institute of CPAs (AICPA) has launched ‘SOC for Supply Chain’, a new risk reporting framework.
Read the article
• US / World
Shortlist published for the 22nd Annual Business Continuity Awards
This year's CIR Business Continuity Awards will take place on 4th June in London. The 25 categories ‘celebrate the past year's greatest successes in business continuity, security and resilience'. The shortlist of finalists has been published and is as follows...
Read the article
• UK
Unfixable vulnerability in Intel chipsets’ data security says Positive Technologies
Intel has thanked Positive Technologies experts for their discovery of a vulnerability in Intel CSME. Most Intel chipsets released in the last five years contain the vulnerability in question which presents a data security risk to users.
Read the article
• World
NEW PRODUCTS AND SERVICES
AuditBoard expands platform with new risk management capabilities
AuditBoard, a cloud-based software platform for automating and transforming the way enterprises handle critical risk, audit, and compliance work, has announced the release of AuditBoard RiskOversight, a new, integrated risk management solution.
Read the article
• World
New cloud desktop capabilities for business continuity and disaster recovery from Workspot
Workspot, a SaaS platform that enables IT organizations to deliver and manage cloud desktops anywhere in the world, has announced three new business continuity solutions. These include what is claimed to be the industry's first multi-region disaster recovery solution, new capabilities for cloud desktop backup and recovery, and a cloud-based disaster recovery solution for physical PCs.
Read the article
• World
Vertiv partners with Uptime Institute to deliver TIER-Ready modular data centres
Vertiv has announced the launch of prefabricated modular (PFM) data centres / centers which have been awarded the Uptime Institute’s TIER-Ready designation of performance resiliency.
Read the article
• World
COMPANIES AND MARKETS
ContinuitySA launches business continuity and resilience services Partner Programme
Africa-based ContinuitySA has officially launched a formal Partner Programme. The programme aims to encourage consultants and mid-sized IT companies to partner with ContinuitySA in offering their clients a customised business continuity solution.
Read the article
• Africa
Business Continuity / Disaster Recovery Analyst, Australia
Business Continuity and Resilience Lead, Security, US
Business Continuity Manager, US
Business Continuity Manager, UK
Business Continuity Project Manager, US
Business Continuity Program Manager, US
Business Continuity Manager, UK
Business Resilience Manager, UK
More job vacancies can be seen at http://www.continuitycentral.com/index.php/jobs
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Your weekly update of business continuity, enterprise risk management and resilience news.
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CALL FOR PAPERS |
Why the pandemic has encouraged a changing view on continuity and resilience: and how this can inform Brexit planning
Ian Crabb explains why he believes that experiences of managing COVID-19 responses is causing many to reflect on their approach to business continuity and resilience and discusses how this can feed into planning for 1st January when the Brexit transition agreement ends.
Read the article
• UK / World
Climate change: the emerging crisis that all organizations need to assess
The COVID-19 pandemic and its devastating consequences caught plenty of organizations off guard. While it can be difficult to contemplate the next big crisis in the midst of the current one, this is exactly the time to look ahead to minimize any future surprises, says Jim Wetekamp, and topping many experts’ lists of the next big crisis is climate change.
Read the article
• World
The state of business continuity: quick survey 2
The second Continuity Central 'State of business continuity: quick survey' is now open and continues the theme of exploring how business continuity managers are approaching core operational resilience principles. In this survey we ask you to identify the business services that you prioritise...
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• World
Software and security testing predictions for 2021
Software and applications issues are often found to be the root cause of downtime, making testing an essential aspect of resilience. In this article Neil Cameron and Miguel Marques share their software testing and security testing predictions for 2021.
Read the article
• World
Pandemic response: observations from a US perspective
In an article written for Continuity Central in January 2020, Geary Sikich discussed the possibilities of the novel coronavirus developing into a pandemic and warned that organizations should plan for such. In a new article Geary makes some personal observations on the current state of pandemic response and discusses how what he terms as 'herd stupidity' has had an impact.
Read the article
• US
LATEST NEWS
Global ‘spam wave’ could be a sign of a test of a new attack vector
A vast spam wave is sweeping across the world, sparking fears that cybercriminals are testing a new tool that’s destined to become a major threat to businesses and consumers in 2021.
Read the article
• World
SolarWinds compromise highlights the threat of attacks on trusted business software
CISA, the Cybersecurity & Infrastructure Security Agency, has issued a warning about the ‘active exploitation of SolarWinds Orion Platform software versions 2019.4 HF 5 through 2020.2.1 HF 1, released between March 2020 and June 2020’.
Read the article
• World
The CIR Business Continuity Awards 2020 winners
The annual CIR Business Continuity Awards winners were announced on 9th December 2020 via a video broadcast. This different approach to usual was due to COVID-19 restrictions. The Business Continuity Awards recognise business continuity excellence demonstrated by individuals and organizations around the world.
Read the article
• UK / World
National Cybersecurity Center of Excellence issues guidance on ‘securing data integrity against ransomware attacks’
NIST's National Cybersecurity Center of Excellence (NCCoE) has released two new guides to assist organizations with ransomware protection. Written in collaboration with members of the business community and vendors of cybersecurity solutions the guides offer ‘example solutions to address the data integrity challenges posed by ransomware and other destructive events’.
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• US / World
How prepared are organizations for a surge in DNS threats over the holiday period?
Neustar, Inc., has released a new report from the Neustar International Security Council (NISC) which explores the rise in DNS security threats over the peak retail period. With more people shopping online than ever before amid the pandemic, 78 percent of cyber security professionals said they expect to see an increase in DNS-related security threats over the next month.
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• World
Survey looks at ways that organizations have developed customer experience environments in response to COVID-19
NICE has published the results of a survey of CX (customer experience) leaders. Entitled ‘Customer Service Leadership in a New Reality,’ the survey looked at ways that COVID-19 business continuity requirements have driven organizational change in this area.
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• World
Survey reveals organizations’ security priorities for 2021 and beyond
Check Point has released the findings of a new survey, which shows organizations’ key cyber security priorities and challenges through to 2023, and highlights the changes to their security strategies forced by the COVID-19 pandemic during 2020.
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• World
Vaccine breakthrough may offer a new weapon against future influenza pandemics
A vaccine that induces immune responses to a wide spectrum of influenza virus strains and subtypes has produced strong and durable results in early-stage clinical trials in humans, Mount Sinai researchers have found.
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• World
2021: organizations will begin to focus on cyber resilience
Jon Fielding, Managing Director EMEA, Apricorn looks ahead to the cyber landscape in 2021 and predicts that it will be the year that organizations start to fully embrace cyber resilience...
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• UK / World
Joint Marsh and RIMS study explores the top risk concerns for Indian companies
The continued effects of the COVID-19 pandemic, or a new public health crisis, emerged as the top risk concerns for Indian companies, according to a joint study conducted by Marsh and RIMS.
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• India
Infrastructure-led innovation will drive enterprise resilience in a post-pandemic world says Gartner
Infrastructure and operations (I&O) leaders who embrace infrastructure-led innovation will drive greater enterprise resilience, according to Gartner, Inc., especially as growing digital ambitions compete with ongoing economic uncertainty.
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• World
Five predictions for how ransomware attacks will develop in 2021
The business of ransomware boomed during 2020 and this trend is expected to continue through 2021. With certain patterns already developing, data integrity company Index Engines makes the following predictions for the effects of ransomware in 2021...
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• World
NEW PRODUCTS AND SERVICES
Business Continuity Exercises: Quick Exercises to Validate Your Plan
A new book has been published by Rothstein Publishing which provides a practical handbook on business continuity exercises. Written by Charlie Maclean-Bristol, FBCI, the book includes 18 simple, yet effective exercises, each of which take less than an hour to run through, regardless of your level of experience.
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• World
New Arcserve X Series Appliances combine advanced backup, cyber security, and disaster recovery capabilities
Arcserve, LLC, has unveiled Arcserve X Series Appliances Secured by Sophos, claimed to be the first self-contained solutions with integrated cyber and data protection for enterprise data volumes.
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• World
Business continuity options for Microsoft Teams added to Veeam Backup for Microsoft Office 365
Veeam Software has announced the general availability of the latest version of the company’s fastest growing product - Veeam Backup for Microsoft Office 365. Version 5 adds purpose-built backup and recovery for Microsoft Teams, making it easy for users to quickly find and restore Teams data, including entire groups, specific channels and settings.
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• World
COMPANIES AND MARKETS NEWS
AWS announces plans to open second region in Australia
Amazon Web Services (AWS) has announced plans to open a second infrastructure region in Australia in the second half of 2022. The new AWS Asia Pacific (Melbourne) Region, which will consist of three Availability Zones (AZs) at launch, will join the existing 25 Availability Zones in eight AWS Regions across Asia Pacific in Australia, China, India, Japan, Korea, and Singapore.
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• Asutralia / Asia Pacific
Eversheds Sutherland, Konexo, Grant Thornton, and Trustwave collaborate to offer digital resilience services
Eversheds Sutherland, Konexo, Grant Thornton UK LLP, and Trustwave, have announced that they have formed a consortium to provide integrated digital resilience services to global clients, predominately in regulated sectors such as financial services.
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• World
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Your monthly update of ICT continuity news and information
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Organizations risk failing cyber security assessments on home networks protection
With various levels of lockdowns in place in many European countries, are smaller companies fighting a losing battle when it comes to renewing cyber security certification? Richard Hughes believes this is the case…
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• UK / World
Cyber security in 2021: four predictions for how the threat landscape will develop
Despite the clear and present danger that the COVID-19 pandemic presents, most organizations are aware that cyber threats are a top long term issue that needs to be addressed. In this article Avesta Hojjati looks at four cyber threat areas that will develop in 2021.
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• World
Why the public sector is an increasing target for cyber criminals
The public sector is vulnerable to cyber attacks and a crippling attack on a major public sector organization is a real risk for 2021. Steve Robinson explains why this is the case and what public sector organizations need to do to mitigate the risk.
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• World
Ten signs it’s time to review your endpoint protection
Even the best endpoint protection grows weak after a while, cracking the door open for attackers with new skills and technologies. But how can you know when your organization’s endpoint security needs to be renewed and refreshed? BlackBerry has provided the following list of ten signs that it’s time to review your endpoint protection...
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• World
How to prepare IP network infrastructure for the 5G era
5G is rapidly approaching, yet many companies are still struggling to cover the basics to ensure their infrastructure compatibility and to gain the benefits that the technology can bring. Vincentas Grinius and Zilvinas Vaickus share some pointers to keep in mind while planning your 5G migration strategy…
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• World
2021 cyber security predictions from WatchGuard
WatchGuard Technologies has provided its 2021 cyber security predictions. These cover the most prominent attacks and infosec trends that the WatchGuard’s Threat Lab research team believes will emerge next year, including a tidal wave of automated spear phishing campaigns.
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• World
CompTIA issues new guide: ‘The Who, What, Why and How of DDoS Attacks’
Tech association, CompTIA, has made a guide to DDoS attacks available to assist organizations manage this important cause of downtime. ‘The Who, What, Why and How of DDoS Attacks’ has been designed to be useful to people with all types of backgrounds - from those new to the concept all the way to seasoned IT professionals.
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• World
Cost of ransomware related downtime nearly doubles since 2019 according to new report
Datto has published its fifth annual Global State of the Channel Ransomware Report, which provides the views of more than 1,000 MSPs on the security posture of small and medium sized businesses (SMBs), along with other notable trends driving ransomware breaches.
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• US / World
Changing tactics and targets: five ransomware challenges for 2021
Asigra Inc. has identified five ransomware challenges which it expects to impact businesses in 2021, driven in part by an escalation of increasingly sophisticated ransomware attacks globally.
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• World
Cyber security predictions for 2021: securing the ‘next normal’
Check Point Software Technologies Ltd. has released its cyber security predictions for 2021; detailing the key security challenges that organizations will face over the next year. Check Point’s cyber security predictions for 2021 are broken down into three categories: COVID-19 related developments; malware, privacy and cyber-conflicts; and emerging 5G and IoT platforms…
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• World
2021 cyber threat trends outlook
Booz Allen has published a detailed look at the evolving cyber threat landscape, looking ahead to 2021 and predicting how this is likely to change. ‘Cyber Threat Trends Outlook’ says that cyber threats are increasing in both scope and frequency.
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• World
Cyber security CEO predicts that smaller companies will be a large target for attacks in 2021
Working from home policies, whilst necessary to curtail COVID-19, have exposed smaller enterprises to a level of sophisticated cyber attack ordinarily reserved for large multi-nationals and the impact will lead to a further sharp rise in data breaches, according to Dave Waterson, CEO at security protection software company, SentryBay.
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• World
New research finds aggressive US growth in ransomware, reductions elsewhere
SonicWall Capture Labs threat researchers have published third-quarter threat intelligence collected by the company’s more than 1 million global security sensors. Year-to-date findings through to the end of September 2020 highlight regional variations in ransomware usage trends, while overall malware volume declined for the third consecutive quarter.
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• World
Immutable storage subversion attacks can present a severe threat to backup data says Asigra
Asigra, Inc., has released a statement emphasizing the ‘importance of cybersecurity-enabled backup and recovery with software integrated step-up multi-factor authentication (‘Deep MFA’)’. The company says that this is increasingly important as immutability storage subversion attacks expose corporate backup repositories to hackers using stolen backup operator and administrator login credentials, leading to maliciously re-configured settings within the backup application and preventing successful data recovery operations.
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• World
Many organizations are failing to manage high-risk vulnerabilities
Positive Technologies (PT) performed instrumental scanning of the network perimeter of selected corporate information systems. A total of 3,514 hosts were scanned, including network devices, servers, and workstations. The results show the presence of high-risk vulnerabilities at most companies.
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• World
Experts team up to develop supply chain resilience stress testing using digital twins
Accenture and the Massachusetts Institute of Technology (MIT) are co-developing a supply chain resilience stress test for assessing operational and financial risks created by major market disruptions, disasters or other catastrophic events.
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• World
New control architecture defends complex interconnected systems against cyber attacks
Researchers have developed a novel control architecture that defends complex, interconnected systems previously vulnerable to cyber attacks. Details were published in the IEEE/CAA Journal of Automatica Sinica.
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• World
2020 Trustwave Data Security Index report finds that perceived threats do not match actual incidents
Trustwave has released the 2020 Trustwave Data Security Index report which shows how technology trends, compromise risks, and regulations are shaping how organizations’ data is stored and protected.
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• Various
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Your monthly update of ICT continuity news and information
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/ictnewsjune2020.html
Simple steps your IT can take to improve resilience in a world of change
As countries emerge from COVID-19 lockdowns and some companies start to send employees back into offices, there is a unique opportunity for IT operations and resilience to improve and change. What might this look like? John Appleby highlights some quick wins…
Read the article
• World
Exploring digital twin technology as a way of managing supply chain risks and resilience
A new paper in the Production Planning & Control journal explores how a digital supply chain twin could be utilized to improve the management of supply chain risks and resilience.
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• World
Understanding the tradeoffs: not all SQL Server DR options are the same
There are various options for SQL Server disaster recovery but each comes with its own tradeoffs and you need to understand the nature of these in order to select the approach that’s best for your organization. Dave Bermingham offers some help with this area…
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• World
Debunking six disaster recovery automation myths
As disaster recovery automation has developed so have various viewpoints about constraints which hold back organizations when attempting to use this approach. Here Chandrasekar S highlights ‘six DR automation myths’ and explains why they are misconceptions.
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• World
Looking beyond the pandemic – how security and continuity strategies may change
Businesses are facing unprecedented pressure amidst the current global pandemic, and while most will be focussed on surviving through COVID-19, it is also vitally important for organizations to consider what their security and continuity strategies will look like post-pandemic. Continuity Central spoke to six technology executives for their thoughts on this.
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• UK / World
How COVID-19 has changed the cyber threat landscape
Ryan Weeks, CISO, Datto, looks at areas where cyber threats have changed during the COVID-19 pandemic and highlights key steps for improving security.
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• UK / World
Some technology factors to consider when adapting your organization for new ways of working
Nick Sacke discusses a number of factors that organizations should consider when adopting a new way of working as the COVID-19 pandemic develops. Organizations need not only to adapt to new ways of working, but also prepare now to future proof their businesses for the post-pandemic future.
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• UK / World
Remote working: lifeline or a tightrope?
As we look ahead from COVID-19 pandemic response to recovery where does remote working fit in? Chris Butler looks at some business continuity considerations as organizations consider the future ‘new normal’.
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• UK / World
Enterprise security and the resurgence of ransomware
A recent resurgence in ransomware has seen it shoot right back to the top of the cyber crime list. While much of this resurgence can be attributed to the arrival of new ransomware mutations, another factor seems to be playing a major role as well; the growth of cyber insurance. Jan van Vliet explains…
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• World
The benefits that IoT can bring to pandemic response
Paul Marshall explores the specific benefits that the Internet of Things (IoT) can have on mitigating the impact of the current pandemics and looks at what innovation needs to be adopted to ensure the world is prepared, should it happen again.
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• World
Ensuring business continuity in a remote working environment
The rush to remote working as organizations responded to COVID-19 lockdowns and other restrictions may have resulted in business continuity and cyber security taking a back-seat. Mick Bradley highlights areas that need to be considered and makes some recommendations.
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• World
DNS attacks are widespread, damaging, and increasingly hitting cloud: 2020 Global DNS Threat Report
EfficientIP has announced the results of its 2020 Global DNS Threat Report. The annual research, which was conducted in collaboration with IDC, sheds light on the frequency of the different types of DNS attack and the associated costs for the last year.
Read the article
• World
Survey shows that the majority of organizations are moving to cyber resilience
Mimecast has published its fourth annual State of Email Security 2020 report, which summarizes responses from 1,025 global IT decision makers on the current state of cyber security.
Read the article
• World
COVID-19 pandemic underscores importance of IT in business resiliency finds survey
The COVID-19 pandemic has irrevocably changed the way businesses everywhere operate, crystallizing the link between a robust IT infrastructure and business continuity says a new study.
Read the article
• World
2020 Cyberthreat Defense Report findings show a rise in Zero Trust
The CyberEdge Group has published its seventh annual Cyberthreat Defense Report in partnership with Gigamon. The in-depth report reveals how IT security professionals perceive the security posture of their organizations, the challenges they face in establishing effective cyber threat defences / defenses, and the plans they have to overcome these challenges.
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• US / World
Many organizations are taking security risks when supporting work from home
Bitglass has released its 2020 Remote Work Report, which analyses how organizations have adjusted to support remote workers amidst the COVID-19 pandemic.
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• World
COVID-19 is acting as a catalyst for digital transformation finds survey
New research conducted by Censuswide on behalf of Citrix Systems, shows that many organizations are accelerating their digital transformation efforts to accommodate the more flexible ways of working that employees will demand even after the pandemic subsides.
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• Various
Zerto survey looks at organizational backup and recovery capabilities
According to new Zerto research, a significant number of organizations do not back up their data or test their business continuity and disaster recovery (BC/DR) capabilities with enough frequency.
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• US / World
Global Threat Intelligence Report: cyber criminals innovate to develop faster and automated attacks
NTT Ltd, has published its 2020 Global Threat Intelligence Report (GTIR), which reveals that despite efforts by organizations to layer up their cyber defences, attackers are continuing to innovate faster than ever before and automate their attacks.
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• World
New study: patchwork approach to cyber security making life difficult for organizations
The third-annual Oracle and KPMG Cloud Threat Report 2020 has found that a patchwork approach to data security, misconfigured services, and confusion around new cloud security models has created a crisis of confidence that will only be fixed by organizations making security part of the culture of their business.
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• World
91 percent of people know password reuse is insecure, yet two thirds do it anyway, according to the Psychology of Passwords Report
LastPass by LogMeIn has released findings from its third Psychology of Passwords global report, revealing that people aren’t protecting themselves from cyber security risks even though they know they should.
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• Various
Survey shows that COVID-19 response is putting cyber security under pressure
(ISC)² – the non-profit association of certified cyber security professionals – has released the findings of a survey in which cyber security professionals shared insights into their current work situations during the first several weeks of the COVID-19 pandemic.
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• World
Nearly two-thirds of companies report disruptions to network security business practices due to sudden shift to work-from-home model
Nearly two-thirds (64 percent) of companies experienced at least moderate disruptions to their network security business practices – and nearly a quarter (23 percent) experienced major disruptions – due to the sudden shift to a work-from-home model as a result of the COVID-19 pandemic.
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• World
Fourth Annual Global State of the WAN Report reveals top challenges
Aryaka has published its Fourth Annual Global State of the WAN report, a global survey exploring the challenges and opportunities presented to IT network managers around their wide area network (WAN).
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• World
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This newsletter highlights all the feature articles published on Continuity Central during June 2020, as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupjuly2020.html
FEATURE ARTICLES
Is your ICS being targeted? How to identify whether your organization is being lined-up for a Snake ransomware attack
According to research by Kaspersky ICS CERT experts a number of industrial companies are currently experiencing targeted attacks involving the Snake encryption ransomware. This article explains how to identify whether your organization is being lined-up for an attack.
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• World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
Probability of events: the underrated factor of the risk assessment
In the first article in a short series explaining how to use mathematical concepts to bring more accuracy to risk and impact assessments made for business continuity and enterprise risk management, Alejandro Aristizábal Correa looks at ways to calculate the probability of events.
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• World
Focusing on risk and recovery: a ransomware preparation checklist
Recent weeks have seen new high-profile ransomware attacks hitting the headlines, adding to the difficulties for companies already working hard to manage COVID-19 issues. Charles Burger provides six tips to help reduce ransomware risks.
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• World
Organizational resilience and employee work-role performance after a crisis situation
A new paper in the Journal of Public Relations Research considers how employee behavior / behaviour impacts organizational resilience, and presents the results of a US survey looking at this area.
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• US / World
The people element of business continuity: some lessons from COVID-19
With so many working environments made unavailable as a result of COVID-19, and staff being forced to work remotely for extended periods of time, what lessons have companies learnt about the provisions they had in place, and how might they adapt for the future? With many organizations looking at introducing more flexible working as a permanent solution, the people element of business continuity needs more consideration than ever. Chris Butler explores…
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• UK / World
Collaborating with the competition as a business continuity strategy
Businesses around the world have had to collaborate with competitors in order to survive the COVID-19 pandemic - in some cases they have grown – but sharing excessive amounts of information with rivals comes with risks.
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• UK / World
Simple steps your IT can take to improve resilience in a world of change
As countries emerge from COVID-19 lockdowns and some companies start to send employees back into offices, there is a unique opportunity for IT operations and resilience to improve and change. What might this look like? John Appleby highlights some quick wins…
Read the article
• World
Exploring digital twin technology as a way of managing supply chain risks and resilience
A new paper in the Production Planning & Control journal explores how a digital supply chain twin could be utilized to improve the management of supply chain risks and resilience.
Read the article
• World
Scientists sound the alarm about a novel influenza virus with pandemic potential
In a research article published in the Proceedings of the National Academy of Sciences of the United States of America, researchers have highlighted the discovery of a new H1N1 influenza virus which should be monitored due to its potential to be a vector for a future pandemic.
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• Asia / World
New ISACA guidance explores how to factor supply chain into business continuity planning
A new white paper from ISACA, ‘Supply Chain Resilience and Continuity: Closing Gaps Exposed in a Global Pandemic’, offers approaches that enterprises can implement to increase the resiliency of their supply chain.
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• US / World
Majority of world’s top CEOs and CFOs say their companies are underprepared for climate-related risks
Although the pandemic dominates the world’s attention, climate risk is simmering in the background, with more than 3 in 4 (77 percent) CEOs and CFOs at the largest companies in the world admitting their firms are not fully prepared for the adverse financial impact of a changing climate.
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• World
Enterprises that halted IT cloud migrations due to the pandemic had more outages than those that continued
Enterprises that halted their cloud migration journey during the current global pandemic are two and a half times more likely than those that continued their move to the cloud to have experienced IT outages that negatively impacted their SLAs.
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• UK / US
Supply-chain security and resilience is one of the biggest issues facing the tech sector
Supply-chain security and resilience is currently a huge emerging issue for the tech sector and securing corporate supply chains should be the number one priority for CISOs over the next 12 months. This finding emerged from a Resilience First expert briefing on how the Internet has been the backbone of business response to the impact of COVID-19.
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• UK
The impacts of work from home measures surveyed
Early 2020 saw the beginning of worldwide lockdown measures that forced many businesses worldwide to work remotely in response to COVID-19, and a new report, the ‘2020 Work-from-Home IT Impact Study’, has examined the impacts of these steps.
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• UK / World
European Commission DRIVER+ project results promote crisis management innovation, capability building and networking
A partnership of stakeholders has developed a set of free and open tools designed to accelerate innovation in the crisis management field.
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• Europe
Study identifies the main risks associated with digital transformation
‘Digital Transformation & Cyber Risk: What You Need to Know to Stay Safe’, a new study by the Ponemon Institute sponsored by CyberGRX, presents the results of surveys of nearly 900 IT security professionals and C-level executives.
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• World
New SOC research highlights that ‘overconfident security teams’ fail to focus on threat dwell time
Exabeam has released its annual ‘2020 State of the SOC Report,’ examining the processes and effectiveness of corporate security operations centers / centres (SOCs).
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• Various
Deutsche Bank research highlights ‘four major tail risks’ that the world faces
The Deutsche Bank Thematic Research team classifies the COVID-19 pandemic as a tail risk, and highlights that the occurrence of tail risks is more regular than most people think.
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• World
Survey shows significant business impacts for organizations caught with poor data security practices
A survey for PCI Pal shows that a significant proportion of consumers will act with their feet and take their custom elsewhere, should their personal data be compromised by a business due to poor security practices amid the current pandemic.
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• UK / World
Majority of IT professionals report an increase in issues and incidents in the past three months
Ivanti has announced new findings from a survey studying the impact of the move to ‘work from home’ in response to the COVID-19 pandemic. The findings show IT workloads, security issues, and communication challenges have all seen significant increases in this new remote working era.
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• World
New study looks at how prepared businesses were for a pandemic and the strategies being used for continuity
Telstra had published the results of a research study, ‘Business Continuity, Flexible Working and Adaptive Infrastructure: Five Actions for When the Economy Reopens Following COVID-19’.
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• Various
Many traditional business continuity strategies don’t work in pandemic times says Crises Control
The COVID-19 pandemic raises a number of very significant issues for business continuity. These issues include employee availability, supply chain disruption, and social distancing. As companies return to full operations, they will have to adapt to a new normal with significantly changed business operating models. These are some of the areas explored in a new white paper from Crises Control.
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• UK / World
COVID-19: survey looks at current business continuity measures and future outlook
A new survey from International SOS highlights that over 70 percent of companies’ primary business continuity concern is further disruption from a second wave of the COVID-19 pandemic.
Read the article
• World
DNS attacks are widespread, damaging, and increasingly hitting cloud: 2020 Global DNS Threat Report
EfficientIP has announced the results of its 2020 Global DNS Threat Report. The annual research, which was conducted in collaboration with IDC, sheds light on the frequency of the different types of DNS attack and the associated costs for the last year.
Read the article
• World
Survey shows that the majority of organizations are moving to cyber resilience
Mimecast has published its fourth annual State of Email Security 2020 report, which summarizes responses from 1,025 global IT decision makers on the current state of cyber security.
Read the article
• World
COVID-19 pandemic underscores importance of IT in business resiliency finds survey
The COVID-19 pandemic has irrevocably changed the way businesses everywhere operate, crystallizing the link between a robust IT infrastructure and business continuity says a new study.
Read the article
• World
Swiss Re’s SONAR report highlights emerging risks and trends
Swiss Re has published its 2020 SONAR report, which highlights emerging risks facing businesses, communities, and societies. Despite the current pandemic the report says that the most important emerging risks over the next three years are overstretched cyber security and rising intergenerational imbalances.
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• World
Researchers look at food supply resilience in the face of catastrophic global events
In the midst of the COVID-19 pandemic, we have all become aware of how a global crisis can affect our access to food. But imagine the food security impacts of an even worse scenario - an all-out nuclear war, a large asteroid strike, or a super volcano eruption.
Read the article
• US / World
2020 Cyberthreat Defense Report findings show a rise in Zero Trust
The CyberEdge Group has published its seventh annual Cyberthreat Defense Report in partnership with Gigamon. The in-depth report reveals how IT security professionals perceive the security posture of their organizations, the challenges they face in establishing effective cyber threat defences / defenses, and the plans they have to overcome these challenges.
Read the article
• US / World
Many organizations are taking security risks when supporting work from home
Bitglass has released its 2020 Remote Work Report, which analyses how organizations have adjusted to support remote workers amidst the COVID-19 pandemic.
Read the article
• World
WHO highlights another emerging future health-related crisis: antimicrobial resistance
The World Health Organizations says that a record number of countries are now monitoring and reporting on antibiotic resistance. This is a major step forward in the global fight against drug resistance but is highlighting that ‘a worrying number of bacterial infections are increasingly resistant to the medicines at hand to treat them’.
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• World
COVID-19 is acting as a catalyst for digital transformation finds survey
New research conducted by Censuswide on behalf of Citrix Systems, shows that many organizations are accelerating their digital transformation efforts to accommodate the more flexible ways of working that employees will demand even after the pandemic subsides.
Read the article
• Various
A Resilience Guide for Our New World: a new publication from Resilience First
The UK business resilience organization, Resilience First, has published ‘A Resilience Guide for Our New World’, a new route map for businesses to strategically find ways out of the COVID-19 crisis.
Read the article
• UK
US National Governors Association releases guidance on managing natural disasters during pandemic conditions
The National Governors Association (NGA) has published ‘Planning for Concurrent Emergencies’, a memo outlining best practices for managing natural disasters during pandemic conditions, which create additional challenges in evacuation and sheltering protocols, as well as financial and logistical complications for states.
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• US
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Your weekly update of business continuity, enterprise risk management and resilience news.
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CALL FOR PAPERS |
Using deception to improve cyber resilience by turning the tables on attackers
Throughout history, deception has been a critical component of military activities. Now that most organizations are continuously targets of cyber attacks deception provides a way to stay ahead of cyber attacks instead of feeling like we’re always one step behind. Carolyn Crandall explains further...
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• World
Using a learning management system to assist with business continuity
Liam Butler discusses why having an effective learning management system (LMS) in place can help business continuity; aiding organizations maintain employee engagement and enabling effective management of critical communications.
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• UK / World
Is your ICS being targeted? How to identify whether your organization is being lined-up for a Snake ransomware attack
According to research by Kaspersky ICS CERT experts a number of industrial companies are currently experiencing targeted attacks involving the Snake encryption ransomware. This article explains how to identify whether your organization is being lined-up for an attack.
Read the article
• World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World
LATEST NEWS
Input invited for next version of the NFPA 1600, Standard on Continuity, Emergency, and Crisis Management
The US National Fire Protection Association has announced that a public input period is open for the initial draft of the 2023 version of the NFPA 1600, Standard on Continuity, Emergency, and Crisis Management.
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• US
FERMA publishes survey results offering a snapshot of European risk management practices and issues
FERMA, The Federation of European Risk Management Associations, has released the results of the 2020 European Risk Manager Report. This is the 10th edition of the survey report which represents the widest available information from professional risk managers across Europe.
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• Europe / UK
Is business process automation essential for future resilience?
K2, a leader in intelligent process automation, has published the results of a recent Harris Poll survey, ‘Accelerating Automation: How Businesses are Adapting to a Post-COVID World’.
Read the article
• US / UK / Europe
Scientists sound the alarm about a novel influenza virus with pandemic potential
In a research article published in the Proceedings of the National Academy of Sciences of the United States of America, researchers have highlighted the discovery of a new H1N1 influenza virus which should be monitored due to its potential to be a vector for a future pandemic.
Read the article
• Asia / World
New ISACA guidance explores how to factor supply chain into business continuity planning
A new white paper from ISACA, ‘Supply Chain Resilience and Continuity: Closing Gaps Exposed in a Global Pandemic’, offers approaches that enterprises can implement to increase the resiliency of their supply chain.
Read the article
• US / World
Majority of world’s top CEOs and CFOs say their companies are underprepared for climate-related risks
Although the pandemic dominates the world’s attention, climate risk is simmering in the background, with more than 3 in 4 (77 percent) CEOs and CFOs at the largest companies in the world admitting their firms are not fully prepared for the adverse financial impact of a changing climate.
Read the article
• World
Enterprises that halted IT cloud migrations due to the pandemic had more outages than those that continued
Enterprises that halted their cloud migration journey during the current global pandemic are two and a half times more likely than those that continued their move to the cloud to have experienced IT outages that negatively impacted their SLAs.
Read the article
• UK / US
Supply-chain security and resilience is one of the biggest issues facing the tech sector
Supply-chain security and resilience is currently a huge emerging issue for the tech sector and securing corporate supply chains should be the number one priority for CISOs over the next 12 months. This finding emerged from a Resilience First expert briefing on how the Internet has been the backbone of business response to the impact of COVID-19.
Read the article
• UK
The impacts of work from home measures surveyed
Early 2020 saw the beginning of worldwide lockdown measures that forced many businesses worldwide to work remotely in response to COVID-19, and a new report, the ‘2020 Work-from-Home IT Impact Study’, has examined the impacts of these steps.
Read the article
• UK / World
European Commission DRIVER+ project results promote crisis management innovation, capability building and networking
A partnership of stakeholders has developed a set of free and open tools designed to accelerate innovation in the crisis management field.
Read the article
• Europe
COMPANIES AND MARKETS NEWS
Neverfail hires new Executive Vice President of Corporate Development
Neverfail has announced the hiring of Scott Leslie as Executive Vice President of Corporate Development. Leslie will help lead corporate strategy execution and market growth through key partner collaborations.
Read the article
• World
Siemens and Salesforce partner to help organizations create safe workplaces
Salesforce and Siemens have announced a strategic partnership to develop a new workplace technology suite that will support businesses globally to safely reopen from lockdowns and deliver the future experience for physical workplaces.
Read the article
• World
NEW PRODUCTS AND SERVICES
BlackBerry introduces AtHoc Managed Service: offers crisis communications solutions
BlackBerry Limited has introduced BlackBerry AtHoc Managed Service, which delivers the full featured BlackBerry AtHoc system as a service managed and delivered by BlackBerry.
Read the article
• World
Manager, Emergency and Crisis Management, US
Director & Global Process Owner, Business Continuity Planning, US
Business Continuity Specialist, US
Customer Security Manager, UK
Business Continuity Analyst, Canada
Director, Business Continuity, US
Sr. Manager, Business Continuity & Crisis Management, US
Emergency Planning and Business Continuity Manager, UK
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COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read the article
• World
The benefits that IoT can bring to pandemic response
Paul Marshall explores the specific benefits that the Internet of Things (IoT) can have on mitigating the impact of the current pandemics and looks at what innovation needs to be adopted to ensure the world is prepared, should it happen again.
Read the article
• World
Pandemic response and recovery: a CEO’s perspective
Jon Ezrine highlights lessons that CEOs can learn from the COVID-19 pandemic, which will help businesses emerge in a stronger position when the outbreak subsides and organizations face a new business ’normal’.
Read the article
• World
Ensuring business continuity in a remote working environment
The rush to remote working as organizations responded to COVID-19 lockdowns and other restrictions may have resulted in business continuity and cyber security taking a back-seat. Mick Bradley highlights areas that need to be considered and makes some recommendations.
Read the article
• World
Indoor precautions are essential to stem airborne COVID-19 say researchers
Researchers are urging health authorities to immediately recognise the role of airborne transmission of COVID-19 virus droplets from an infected person beyond 1.5m in order to stem the disease's spread.
Read the article
• World
Initial lessons from the COVID-19 business continuity response
Although the crisis is still unfolding, it’s already clear that building resilience into your organizational DNA is more important than ever. Michael Davies, CEO of ContinuitySA says this is one of the clear lessons from the COVID-19 response so far.
Read the article
• Africa / World
LATEST NEWS
Survey finds gaps in security visibility during large-scale shift to remote work
ExtraHop has announced the results of a SANS Institute survey, Network Visibility and Threat Detection. According to the report, more than 64 percent of respondents reported suffering at least one successful attack within the last year and 59 percent believe a lack of network visibility poses a high or very high risk to their operations.
Read the article
• World
Over half of organizations expect remote workers to be a data breach vector
More than half (57 percent) of UK IT decision makers believe that remote workers will expose their organization to the risk of a data breach, according to an annual survey – conducted between 25 and 27 March 2020 – commissioned by Apricorn.
Read the article
• UK
EY survey shows that even before COVID-19 nearly 80 percent of board members felt unprepared for a major risk event
According to the Global Board Risk Survey, conducted by Ernst & Young LLP (EY US) before the COVID-19 outbreak, only 21 percent of board members believed their organizations were very prepared to respond to an adverse risk event from a planning, communications, recovery and resilience standpoint.
Read the article
• Various
Fourth Annual Global State of the WAN Report reveals top challenges
Aryaka has published its Fourth Annual Global State of the WAN report, a global survey exploring the challenges and opportunities presented to IT network managers around their wide area network (WAN).
Read the article
• World
The winners of the BCI Americas Awards 2020 announced
The BCI has announced the winners of its 2020 BCI Americas Awards. This year’s awards were presented on April 20th during a virtual event. The Awards recognise business continuity and resilience excellence.
Read the article
• North / South America
New survey shows the impacts of home working on UK productivity
A new UK-based survey into the experience of home working shows that 37 percent are finding it increasingly difficult to work from home. The survey of 2,000 people, commissioned by Moneypenny, showed that a further 6 percent said they don’t feel they can work from home any longer while 52 percent said they have got used to home working.
Read the article
• UK
DDoS attacks in Q1 2020: average bandwidth of attacks increasing
Link11 has released its Q1 2020 DDoS Report, revealing that the volume and complexity of attacks continued to grow in the first quarter of 2020.
Read the article
• World
A game changer for the next influenza pandemic?
The antiviral drug, baloxavir (tradename Xofluza), is the first treatment for influenza with a new mode of ‘action’ to be licensed in nearly 20 years: now a new research paper shows how it could be ‘a game changer’ when it comes to the next influenza pandemic.
Read the article
• World
Extreme coastal flooding events in the US expected to rise due to climate change
Extreme flooding events in some US coastal areas could double every five years if sea levels continue to rise as expected, a study published in Scientific Reports suggests. Today's 'once-in-a-lifetime' extreme water levels - which are currently reached once every 50 years - may be exceeded daily along most of the US coastline before the end of the 21st century.
Read the article
• US
American Institute of Architects publishes the ‘Architect’s Guide to Business Continuity’
The American Institute of Architects (AIA) has developed a new business continuity resource for firms operating in the architecture vertical. The ‘Architect’s Guide to Business Continuity’ provides companies with ‘insights into managing staff, premises, technology, information, supply chains, stakeholders, and reputation so a firm can continue to provide services, generate revenue, and reduce the consequences of business interruption’.
Read the article
• US / World
Trust, not surveillance, is the key to a successful and resilient home working environment
Businesses must implement a policy of trust rather than surveillance and monitoring when managing remote teams through the COVID-19 pandemic, according to insight from talent acquisition specialist, Guidant Global.
Read the article
• UK / World
Survey finds widespread concern over cloud security risks during the COVID-19 pandemic
As many organizations have been forced to make a rapid shift to work-from-home to help stem the spread of COVID-19, a significant percentage of IT and cloud professionals are concerned about maintaining the security of their cloud environments during this period. The findings are a part of the State of Cloud Security survey conducted by Fugue.
Read the article
• US / World
Gartner survey sees indication that higher levels of home working are here to stay
A Gartner survey of 229 HR leaders on April 2nd revealed that many workers are planning to work remotely more often in the future. Currently nearly 50 percent of organizations report that 81 percent or more of their employees are working remotely during the COVID-19 pandemic.
Read the article
• US / World
Telematics company records spike in commercial vehicle theft
Radius Telematics has seen a big increase in the thefts of commercial vehicles and plant since the COVID-19 lockdown. With many offices, factories and construction sites shut, thieves appear to be taking advantage of unattended locations.
Read the article
• UK / World
NEW PRODUCTS AND SERVICES
Sitemark launches COVID-19 workplace hygiene system
Sitemark, the independent benchmarking service for the facilities management industry, has launched a workplace hygiene system in response to the COVID-19 pandemic outbreak. The system has been developed to enable businesses to maintain clean and hygienic buildings so that building users remain safe and healthy.
Read the article
• UK / World
COMPANIES AND MARKETS
NEDRIX closes its doors
NEDRIX (The NorthEast Disaster Recovery Information Exchange) has announced that it is closing down, 'passing the torch' to other business continuity organizations, after 30 years service to the profession.
Read the article
• US
New COVID-19 business alliance to provide key data insights in bid to tackle pandemic recovery
A new business alliance has been formed which aims to help find new, faster ways of supporting the response to COVID-19 and subsequent global recovery. The alliance, Emer2gent, will share data and expertise ‘to build economic resilience and innovate for a better tomorrow’.
Read the article
• World
Manager Business Continuity and Resilience, Australia
Business Continuation and Disaster Recovery Analyst Senior, US
Business Continuity & Crisis Mgmt Manager, US
Global Risk and Business Continuity Manager, US
Risk Specialist - Operational Risk & Resilience Division, UK
Director, Business Continuity Planning, US
Business Continuity Manager - Public Safety, UAE
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This newsletter highlights all the feature articles published on Continuity Central during July 2020, as well as various resources.
NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupaug2020.html
FEATURE ARTICLES
Business continuity: where do we go from here?
There are some fundamentals that business continuity professionals should not forget or do away with, but neither should we be afraid to move with the times. Russell Williams asks the profession some questions…
Read
the article
• UK / World
Why manufacturers are looking to ‘autonomous operations’ to assist with resilience
Autonomous operations takes automation to a completely new level, adding layers of smart sensing and machine cognition to anticipate and adapt to unforeseen circumstances, removing the need for human intervention. Bert Konings looks at how this technology will develop.
Read
the article
• World
The role of insurance in managing cyber risks
The demand for cyber insurance is increasing, but what does it protect against, and importantly, is it worth the money? Jan van Vliet attempts to answer some of the key questions businesses face when deciding if investing in cyber insurance is right for them.
Read
the article
• UK / World
COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
Read
the article
• World
How COVID-19 related remote working has changed the future of cyber resilience
One of the clear impacts of the COVID-19 pandemic is that it has forced many organizations into embracing remote working; and this may have an irreversible influence on future working practices – and cyber resilience. Tiago Dias explains…
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the article
• World
Was COVID-19 a ‘Black Swan’? And why this is an important question…
Many commentators labelled the COVID-19 pandemic as a ‘Black Swan’ event, but this is a misunderstanding about what a Black Swan actually is. This is not just a pedantic point, as Claire Powles explains...
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the article
• World
How to get good at disagreeing!
Within business continuity and risk management teams it is important for people to feel able to disagree and challenge: failure in this area can be a threat in its own right, with bad decisions resulting in ineffective plans. This article looks at how to develop teams that disagree well...
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the article
• World
Access management and control considerations for zero trust security
Tawnya Lancaster considers the importance of access management and control for the zero trust model of information security and how it can contribute to a more dynamic model for resilient, flexible information security.
Read
the article
• World
Focusing on the recovery aspects of cyber resilience
A new academic paper by Dr. Cyril Onwubiko, Director, Enterprise Security Architecture, Pearson, presents a comprehensive cyber recovery operational framework. The paper has been published in the proceedings of the 2020 International Conference on Cyber Situational Awareness, Data Analytics and Assessment.
Read
the article
• World
EU warns of inevitable disruption due to Brexit and advises businesses to prepare now
The European Union is warning already stretched businesses that now is the time to start preparing for the ’unavoidable’ and ‘broad and far-reaching consequences’ which will commence as of January 1st 2021 due to Brexit.
Read
the article
• Europe / UK
The missing link in cyber resilience?
Organizations need to embrace a mindset of continuously identifying - and closing - gaps in their cyber security posture to ensure the organization is as secure as it can be. To achieve this a person, or team, needs to be appointed to this role says Matt Cable.
Read
the article
• World
A systematic literature review of the capabilities and performance metrics of supply chain resilience
A new paper by researchers from the University of Liverpool and the SP Jain School of Global Management presents the results from a systematic literature review of 153 papers related to supply chain resilience.
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the article
• World
‘Grand Challenges in Resilience: Autonomous System Resilience through Design and Runtime Measures’
In a paper scheduled to be published in the IEEE Open Journal of the Computer Society, various researchers have set out what they see as key challenges for effective cyber resilience and steps that can be taken for improvement.
Read
the article
• World
Study shows that the COVID-19 pandemic has accelerated business continuity investments in cloud migration
A global study from LogicMonitor has examined how IT departments are evolving in a time of crisis to maintain business continuity and best meet the needs of their customers.
Read
the article
• World
New study shows that flood damage erodes companies’ long-term value
If a flood is able to disrupt your business, your stock value could drop significantly in the next 12 months. That is according to a new analysis commissioned by FM Global and conducted by analytics advisory group Pentland Analytics.
Read
the article
• US / World
COVID-19 will lead to a focus on resilience in the cargo sector
The importance of the cargo sector has been highlighted during the COVID-19 pandemic with massive shocks to global supply routes, but the disruption has led to an increased focus on supply chain resilience and the opportunity for the rapid adoption of new technology within the industry.
Read
the article
• World
Annual telecoms downtime across the EU reaches almost one billion user hours
ENISA, The European Union Agency for Cybersecurity, has published its 9th annual report on telecom security incidents, which provides an analysis of root causes and impacts of major incidents that happened in the course of 2019.
Read
the article
• Europe
Malware decreases but ransomware threat rises in first half of 2020
The SonicWall Capture Labs threat research team has published a mid-year update to the 2020 SonicWall Cyber Threat Report, highlighting substantial increases in ransomware attacks. During the first half of 2020, global malware attacks fell from 4.8 billion to 3.2 billion (-24 percent) over 2019’s mid-year total.
Read
the article
• World
Study finds that the COVID-19 pandemic has led to a ‘massive increase in awareness of the need for operational resilience’
Swiss Post Solutions (SPS) and NelsonHall have published a joint study, ‘Preparing for the Next Crisis: A Guide to Building Operational Resilience’, which aims to assist organizations in identifying and preparing for any operational challenges that are likely to emerge.
Read
the article
• UK / World
IIA issues important update to Three Lines risk management model
Amid rapid change, new risks, and the growing complexity of organizations, The Institute of Internal Auditors (IIA) has announced a major update to the widely accepted Three Lines Model. Originally the ‘Three Lines of Defense’, the model has gained popularity for organizing governance and risk management in organizations.
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the article
• World
Gartner emerging risk survey shows that a renewed COVID-19 outbreak is top concern
Gartner has published the results from its 2Q20 Emerging Risks Monitor Report, which shows that senior executives see renewed outbreaks of the COVID-19 pandemic as their top emerging risk.
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the article
• World
Survey of investment adviser firms’ compliance officers finds that business continuity is now top of mind
Business continuity planning related to COVID-19 is now the top concern of investment management compliance professionals – edging out cyber security, which had headed their rankings of hot topics for six consecutive years.
Read
the article
• US / World
Emerging markets face ‘unparalleled’ civil unrest, as economic impacts of pandemic unfold
As the economic fallout from the COVID-19 pandemic mounts, protests in emerging and frontier markets are set to swell with millions of newly unemployed, underpaid, and underfed citizens, posing a risk to domestic stability with few parallels in recent decades. This stark assessment comes from global risk analysis company Verisk Maplecroft on the back of the release of its latest Civil Unrest Index Projections report.
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the article
• World
COVID-19 has increased cyber and financial risks as security teams reduce staff
Exabeam has released new research that identified the initial impacts of the COVID-19 pandemic on security teams. The report suggests that there have been increases in both cyber and financial risks since the onset of the pandemic. During this time, 80 percent of companies saw ‘slightly to considerably more’ cyber attack attempts, breaking down to 88 percent in the US and 74 percent in the UK.
Read
the article
• US / UK
Pandemic-induced changes will alter the future of business resiliency says Forrester
According to Forrester, the lasting global impact of COVID-19 will usher in five macro shifts that will permanently alter business and technology. In a new report, ‘The New, Unstable Normal: How COVID-19 Will Change Business and Technology Forever’, Forrester identifies business resiliency as one of these trends.
Read
the article
• World
BCI’s latest research report looks at supply chain resilience trends and challenges
The BCI has published a new research report, ‘COVID19: The Future of Supply Chain’, which shows that 73 percent of organizations responding to the survey has encountering ‘some’ or ‘significant’ detrimental impacts on the supply side due to COVID-19.
Read
the article
• World
State of ITSM in the COVID-19 Pandemic report looks at business continuity success levels
ManageEngine has announced the results of a new survey, ‘The State of ITSM in the COVID-19 Pandemic’. The survey, conducted among more than 500 global IT professionals, highlights the ramifications and challenges the COVID-19 pandemic caused for IT service teams.
Read
the article
• World
Check Point identifies critical vulnerability in Windows DNS: says that immediate action is needed
Researchers at Check Point have identified a security flaw in Windows DNS, the domain name system (DNS) services provided by Microsoft in Windows operating systems. Hackers could use this vulnerability to gain Domain Administrator rights over servers, and seize control of organizational networks.
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the article
• World
Data Health Check 2020 survey shows increasing uptake of business continuity planning in the UK
Databarracks has announced the release of its 2020 Data Health Check results. Running since 2008, the annual report questions over 400 IT decision-makers in the UK on critical issues relating to IT resilience, cybersecurity, cloud and remote working.
Read
the article
• UK
Gartner survey highlights the changed attitude to remote working
A recent Gartner survey of company leaders, representing HR, legal and compliance, finance and real estate, found that 82 percent of respondents intend to permit remote working some of the time as employees return to the workplace.
Read
the article
• US / World
Institute of Directors publishes results from Brexit readiness survey
Only a quarter of UK business leaders say their organizations are fully ready for the end of the Brexit transition period, in a new survey from the Institute of Directors.
Read
the article
• UK
Roundup of major natural disaster impacts in June 2020
Aon has published the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred around the world during June 2020.
Read
the article
• World
NIST seeks comments on integrating cyber security and enterprise risk management guidance
The US NIST is asking professionals to comment on the second public draft of its NISTIR 8286, Integrating Cybersecurity and Enterprise Risk Management (ERM) guidance. This aims to promote greater understanding of the relationship between cyber security risk management and ERM and the benefits of integrating those approaches.
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the article
• US
The cost of a third-party risk incident has risen rapidly over recent years finds Deloitte survey
One in two companies believe the cost of a third-party risk incident – such as a supply chain failure, data privacy breach or disruption to IT services – has at least doubled in the past five years, according to Deloitte research.
Read
the article
• World
Increased remote work drives BYOD, but security is not keeping pace
Bitglass has released its 2020 BYOD Report, which analyses enterprise use of bring your own device (BYOD) as well as the state of personal device security within organizations.
Read
the article
• World
BSI updates its COVID-19 Safe Working Guidelines for businesses
BSI has announced the availability of its ‘Safe Working Guidelines, Version 2’ which provides guidance on safe working during the COVID-19 pandemic. The guidelines have been enhanced and extended and include major updates.
Read
the article
• UK / World
Guide for building a resilient workforce amid technological disruption published by NGA
As COVID-19 accelerates disruptions impacting the American workforce, the National Governors Association (NGA) has issued the findings of a comprehensive two-year project examining ways that governors and other state policymakers can nurture a technologically resilient workforce ready to thrive in an evolving economy.
Read
the article
• US / World
UK risk professionals are receiving more board time as a result of COVID-19
The scale and velocity of the COVID-19 pandemic took many organizations by surprise, according to a report from Airmic, the UK association for risk and insurance professionals. The research also reveals that risk professionals are receiving more board time than ever before as the pandemic disruption erodes internal organizational barriers.
Read
the article
• UK
Adoption of cloud-based security tools accelerates as organizations support remote workforces during COVID-19
Exabeam has published the results of a new survey of UK security practitioners, which tracks the adoption and use of cloud-based security tools. This latest survey showed a marked increase in the adoption of these security tools compared to an earlier study carried out in March 2020 prior to the COVID-19 lockdown.
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the article
• UK
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Your weekly update of business continuity, enterprise risk management and resilience news.
NOTE: If you cannot read this newsletter properly or if you have a problem with opening the links please visit www.continuitycentral.com/continuitybriefing698.html
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SEASON'S GREETINGS! |
2021 business continuity, risk management, and resilience predictions
This section of Continuity Central collates all the news pieces and articles that have been published recently which look ahead to 2021 and make predictions for how various areas of business continuity, risk management, and resilience may develop.
Read the article
• World
How pandemic lessons can be used to improve workplace recovery planning
With future pandemic lockdowns highly possible in 2021 how can business leaders use pandemic learnings from the first UK lockdown to improve their workplace recovery planning? Chris Butler explains…
Read the article
• UK / World
2021 technology trends that business continuity managers need to be aware of
Michael Wood, CMO at Versa Networks, looks ahead to 2021 and the technology trends that he expects will impact on the way that organizations provision IT and manage security…
Read the article
• US / World
How to bring clarity to your critical communications strategy in 2021
David Wiseman, VP Secure Communications at BlackBerry, looks at communication strategies in the context of organizational resilience and provides some tips for starting 2021 on a strong foot in this area.
Read the article
• World
Looking forward to 2021: high availability in a rapidly changing IT landscape
2020 has been a year of change and often intense pressure on technology teams. Cassius Rhue looks ahead to 2021 and considers how organizations may use 2020 as a springboard for further development in the areas of high availability and disaster recovery.
Read the article
• World
Deal or no-deal: steps businesses can take to plan for either outcome as the end of the Brexit transition process nears
As another deadline passes in the Brexit transition process, impacted businesses still have no concrete idea of what outcome to prepare for. However, this does not mean than no continuity and resilience planning can take place. In this checklist, Steve Hodgson offers some practical pointers…
Read the article
• UK / Europe
LATEST NEWS
DRI International publishes 6th Annual Global Risk and Resilience Trends Report
The Sixth Annual DRI International Global Risk and Resilience Trends Report is now available. This looks at how trends developed in 2020 and how these changes might develop in 2021.
Read the article
• World
CIR announces date for 2021 Business Continuity Awards
The 2021 Business Continuity Awards Ceremony and Gala Dinner has been scheduled for 7pm on Thursday 17th June at the London Marriott Grosvenor Square. The Business Continuity Awards are now in their 23rd year; celebrating excellence in business continuity, security, and resilience.
Read the article
• UK / World
Google research looks at continuity and resilience in the retail sector
For many retailers, websites have been more important than ever this year as pandemic-hit consumers turned to ecommerce in preference to bricks-and-mortar shopping. In turn, website performance has never been more important but new research for Google shows that downtime is an increasing issue.
Read the article
• World
IIROC schedules industry business continuity planning test
The Investment Industry Regulatory Organization of Canada (IIROC) has scheduled its next biennial industry business continuity planning test for Saturday October 23, 2021. As with the previous IIROC-sponsored industry BCP test in 2019, the test date coincides with industry test dates in the United States to facilitate participation by market participants who have operations in both the Canadian and American markets.
Read the article
• Canada
NEW PRODUCTS AND SERVICES
Crisis24 and WorldAware release 2021 Global Forecast and Risk Maps
Crisis24 and WorldAware, GardaWorld companies now acting as one, have released an annual Global Forecast report and associated Risk Maps that provide insight and analysis of various threats for 2021 which organizations need to be aware of.
Read the article
• World
Asigra enhances Cloud Backup with Deep MFA: offers ransomware protection for Microsoft Office 365
Asigra Inc. has announced the integration of its ‘Cloud Backup with Deep MFA’ solution with Microsoft Office 365, empowering solution providers to significantly lower cyber security threats targeting backup repositories with MS Office 365 data.
Read the article
• World
BackupAssist Classic v11 launches with cybercrime resilience developments
BackupAssist has announced the general availability of BackupAssist Classic version 11. BackupAssist v11 includes critical enhancements across its CryptoSafeGuard ransomware solution, password protection, and S3 compatible destinations, as well as the introduction of its groundbreaking Cyber Black Box.
Read the article
• World
COMPANIES AND MARKETS NEWS
BCI publishes 2021 conference and exhibition schedule
The BCI has announced that it’s 2021 conferences and exhibitions have been consolidated into two major global virtual events, taking place in June and November 2021.
Read the article
• World
Analyst, Business Continuity & Crisis Management, US
Incident Control/ Business Continuity Manager, UK
Risk and Business Continuity Advisor, Australia
Business Continuity Specialist, Various
Business Continuity Management Specialist, US
AVP- Business Continuity/Disaster Recovery Specialist, US
Business Continuity Planner, UK
Safety & Business Continuity Manager, UK
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