This newsletter highlights all the feature articles published on Continuity Central during April 2017 as well as various resources.

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupmay2017.html

FEATURE ARTICLES

ClearView

Evolving your security operations strategy to fit the cloud
Your cloud infrastructure security will be managed by your cloud provider but the applications, workloads, and data are your responsibility. Oliver Pinson-Roxburgh looks at four areas that should be considered.
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• World

Five security trends to watch in virtualization
Vitaly Mzokov looks in detail at five emerging trends which are starting to effect virtualization security.
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• World

Revamping the business continuity profession
Charlie Maclean Bristol, FBCI, FEPS, looks at the current challenges facing business continuity managers; explains why traditional business continuity practices are becoming less relevant; and provides some positive ideas for how the profession can develop its role.
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• UK / World

Daisy

Giving the recovery point objective some respect
Accurate recovery point objectives are essential for the recovery and restoration of systems in the time expected, but they are often neglected within business continuity and disaster recovery plans. Robert S. Emmel explains what RPOs are and how they can be calculated using various factors.
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• US / World

Plugging the gaps in your incident response
Professor Avishai Woo explains how two gaps may be holding back your cyber incident response strategy: and how filling them ensures that the response takes the needs of the wider business into account.
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• World

Including resiliency and incident response in the risk equation
Most risk equations include the standard approach of probability and impact. Nowadays, with the changing threat landscape, a new approach to the risk equation should be looked at. In this article Adesh Rampat explains why adding resilience and incident response to the risk equation provides a more useful and measurable metric.
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• World

Fusion RM

Psychological memory: the key to effective incident recovery
Charles Boffin, CEO, of ClearView Continuity, explains what ‘psychological memory’ and ‘muscle memory’ in fitness training are and explains how the same concepts are important in effective incident response.
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• World

The dark side of business IoT
The Internet of Things will undoubtedly bring many benefits to businesses but also brings risks which need to be actively managed. Ian Parker explores the issues that IoT presents and what organizations need to do to mitigate the risks.
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• UK / World

RESEARCH, REPORTS & PUBLICATIONS

Continuity2

Is business impact management the next stage for the BIA?
Fusion has published a white paper which sets out its vision for ‘business impact management,’ a new approach that builds on the traditional business impact analysis (BIA).
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• US / World

Disaster recovery is the top application that organizations plan to migrate to the cloud
Disaster recovery is the number one application that organizations plan to migrate to the cloud (36 percent). DR is followed by file sharing (30 percent), data backup (30 percent) and data storage (29 percent). These are among the findings of ‘Cloud Adoption in 2017’, a research study conducted by Zetta.
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• World

The results from the RIMS business interruption survey 2017
The RIMS Business Interruption Survey 2017 was developed by members of the RIMS Business Interruption Working Group and provides insights into business interruption insurance trends around the world.
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• US / World

Crisis Solutions

Unprecedented volatility is adding complexity to old risks
Trends in economics, demographics and geopolitics along with rapid technology advancements are transforming traditional risks for global businesses, adding new urgency and complexity to old challenges, according to Aon's 2017 Global Risk Management Survey.
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• World

DRI survey lists cyber security as top concern of business continuity professionals
The Disaster Recovery Institute International (DRI) has published the results of a recent survey of its certified business continuity and disaster recovery professionals. DRI surveyed nearly 250 certified professionals about potential threats in the next five years.
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• US / World

Correctly configured firewalls are still a critical cyber security tool: survey
FireMon has released the results from a survey that assessed the views of 350 IT security professionals on the importance of firewalls in the fight to prevent data breaches.
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• World

eBRP

The Business Resilience Survey 2017
ContinuitySA, in partnership with ITWeb, have published the results of a survey looking at the current state of business resilience.
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• Africa / World

New report maps the recent evolution of risk management
Risk management is evolving, shifting away from a purely protective mindset, according to ‘Risk in review: Managing risk from the front line’, a new report by PwC.
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• World

UK government publishes annual cyber attack statistics
New government statistics show that nearly half of all UK businesses suffered a cyber breach or attack in the past 12 months. The Cyber Security Breaches Survey 2017 reveals that nearly seven in ten large businesses identified a breach or attack with the average cost to large businesses of all breaches over the period being £20,000 and in some cases reaching millions.
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• UK

inoni

Banks confident in cybersecurity capabilities but failing when it comes to testing
Many senior bank executives are confident about their cybersecurity strategy, yet a lack of comprehensive, practical testing is an issue, according to a new report from Accenture.
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• World

New study ranks hazardous asteroid effects from least to most destructive
It’s probably the most extreme business impact scenario imaginable, but what would be the most damaging effects of an asteroid strike? A new scientific study has the answer…
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• World

Organizations concerned about Internet of Things security and control: survey
The majority (80.1 percent) of IT professionals worry about the potential for attacks originating through their Internet of Things (IoT) devices, according to a recent survey by Lieberman Software Corporation.
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• World

Capital Continuity

42 percent of the UK’s larger businesses hit by a cyber attack in the past year: survey
The British Chambers of Commerce (BCC) has published the results of a survey that looks at the cyber security experiences of 1200 UK businesses during the past 12 months.
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• UK

Brexit could create supply chain continuity issues
Ryanair chief financial officer, Neil Sorahan, has warned that airlines may have to suspend flights between the UK and the EU for ‘weeks or months’ if Brexit negotiations on international aviation result in no agreement.
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• UK / Europe

Populism and terrorism converge to compound global business risks
A 14 percent worldwide increase in terrorist attacks in 2016 and populist nationalism are creating an increasingly volatile operating environment for international business, according to Aon's 2017 Risk Maps.
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• Various

Plan B publishes snapshot of UK disaster recovery practices
Plan B’s latest disaster recovery report provides some insights into changes in the way organizations manage their DR.
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• UK

Four GDPR compliance myths to be aware of
Businesses preparing for the upcoming General Data Protection Regulation (GDPR) need to be aware of four myths, says NTT Security.
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• UK / Europe

Organizational security and incident response suffering from lack of integration
Organizations are asking for more centralized visibility and workflow across the prevention, detection and response functions, according to results of a survey by the SANS Institute.
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• US / World

The majority of UK businesses are exposed to third party failure risks
Over the last three years, one in three UK companies have experienced major disruption or complete failure due to the actions of outsourced providers, according to a survey on third party management from Deloitte.
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• UK

Our deep misunderstanding of time in preparedness planning
Time is often at the very heart of any discussion of business continuity and IT disaster recovery. However, there are deep flaws in many attempts to incorporate time into preparedness planning. These avoidable and correctable flaws lead to frustrated participants, disengaged managers, wasted effort.
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• World

Survey identifies downtime as the main cost of business ransomware attacks
Imperva, Inc., has published the results of a survey of 170 security professionals which looks at the business impacts of ransomware attacks.
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• North America / World

How personal biases can affect business continuity decisions
Managerial biases such as overconfidence and myopia can explain many failures in business decisions but new research shows how personal biases can be used to improve decision making.
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• World

Reputation risks: trust trumps price in business decision making
Trust is more important than price in the corporate world and avoiding reputation damage is key to maintaining it. This is one of the findings of a recent study from Iron Mountain.
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• Various

More than half of business-critical data will reside in the cloud by 2019: survey
Security is the number one concern amongst senior business executives when it comes to cloud data adoption, yet more than half of business-critical data is likely to reside there by 2019.
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• Various

Large increase in cyber attacks on industrial computers identified
On average two-in-five computers, related to the technological infrastructure of industrial enterprises, faced cyberattacks in the second half of 2016.
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• World

ISO 22316 organizational resilience standard now available
ISO’s Technical Committee ISO/TC 292 has published its latest security and resilience international standard, ISO 22316:2017, ‘Organizational resilience. Principles and attributes’. This short standard, with just ten pages of content, establishes the principles for organizational resilience and identifies the attributes and activities that support an organization in enhancing its resilience.
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• World

IDC study shows rapid future growth in critical data
A new IDC study, ‘Data Age 2025’, sponsored by Seagate, predicts that global data creation will swell to a total of 163 zettabytes (ZB) by 2025; consumers and businesses creating, sharing and accessing data between any device and the cloud will continue to grow well beyond previous expectations.
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• World

BCI updates Business Continuity Glossary
For many years the Business Continuity Institute has maintained a dictionary of business continuity terms. This has now been revised by merging it with DRJ’s Business Continuity Glossary and the glossary from the BCI’s Good Practice Guidelines.
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• World

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