Your weekly update of business continuity, enterprise risk management and resilience news.


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The Amazon Web Services outage: business continuity implications and actions
Following the recent long-running outage at Amazon Web Services Continuity Central conducted a reader-survey to ascertain the level of impact and whether it will result in business continuity professionals reviewing their business continuity plans. The survey also sought to capture the lessons that can be learned from the outage. This article provides a summary of the results…
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• World

A weak information security culture means your organization is vulnerable
Organizations normally understand that employees are key to improving information security, but often focus on awareness of policies and procedures. Chantelle van Wyk explains why this approach is ineffective and looks at what else organizations should be doing to strengthen the information security culture.
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• S.Africa / World

Many organizations are struggling to manage mobile working risks
A new survey has identified mobile working as a major area of risk, with many companies uncertain about how to enforce adequate security policies and having no viable strategies in place. Jon Fielding presents the results of the survey and draws out some lessons.
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• UK

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CEO survey finds that many private companies are underprepared for cyber attacks
PwC has published the results of its 20th Global Survey of CEOs, which focuses specifically on the threats and opportunities facing the 781 private company CEOs who participated.
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• World

Wellington unveils comprehensive resilience strategy
The New Zealand capital city of Wellington has published ‘Resilient Wellington’, a comprehensive strategic roadmap to promote urban resilience in the city.
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• New Zealand


The role of business continuity professionals is expanding: survey report
The Business Continuity Institute has published a joint report with PwC which looks at how business continuity professionals are taking advantage of organizational resilience to expand their own remit and improve their career opportunities.
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• UK / World

Major environmental disasters: February 2017
Impact Forecasting, Aon Benfield's catastrophe model development team, 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 February 2017.
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• World


Organizations say regular storage capacity shortage is biggest issue when managing backups
An independent survey commissioned by Cohesity has revealed that 73 percent of IT decision-makers in the UK and Germany regard the regular need for additional storage capacity as their greatest challenge when it comes to managing their backups.
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• UK / Europe

Enterprises are making detection and response the top information security priority
Enterprises are transforming their security spending strategy in 2017, moving away from prevention-only approaches to focus more on detection and response, according to Gartner.
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• US / World

Crisis Solutions

Researchers find that sound waves could be the next cyber attack vector
Sound waves could be used to hack into critical sensors in a broad array of technologies including smartphones, automobiles, medical devices and the Internet of Things, University of Michigan research shows.
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• US / World

Study finds that UK financial institutions are unprepared for MiFID II
A study of IT managers & decision makers and risk & compliance managers within UK financial services businesses has found a lack of preparation and understanding of the requirements of MiFID II legislation, which is due to come into force in January 2018.
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• UK


Many northern European coastal regions face considerable increase in flooding risk
Massive coastal flooding in northern Europe that now occurs once every century could happen every year if greenhouse gas emissions continue to rise, according to a new American Geophysical Union study.
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• UK / Europe

Australian companies are a long way from cyber resilience: report
Cyber security can no longer legitimately be considered the domain of IT alone, according to the new MinterEllison 'Perspectives on Cyber Risk Report 2017'. The report's findings also show that Australian companies are being too slow to take the necessary action to mitigate and manage cyber risk.
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• Australia


New business continuity requirements for Philippine banks approved
The Manila Times has reported that the country’s central bank, Bangko Sentral ng Pilipinas (BSP), has agreed measures which will require the country’s banks to implement business continuity management systems.
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• The Philippines

Patch rates decreasing as organizations struggle to keep up
Secunia Research at Flexera Software has published its ‘Vulnerability Review 2017’ report. This presents global data on the prevalence of vulnerabilities and the availability of patches and maps the security vulnerability threat to IT infrastructures.
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• World

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