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Business continuity information

Business continuity briefs:
2nd April 2014

'Business continuity briefs' provides a summary of new product and services press releases and other useful resources published recently:

MIR3 and Fusion Risk Management partner
MIR3 and Fusion Risk Management have announced the launch of a partnership to deliver an integrated BCM and intelligent notification solution.

The new solution integrates automated mass notification into Fusion's Risk Management and Contingency Planning System, making it easy to notify any number of dispersed individuals on a wide variety of communication devices at once. This empowers organizations to enhance communication, protect assets and increase operational efficiency. www.mir3.com www.fusionrm.com

China, Korea and Japan collaborate on disaster data
Disaster experts from China, Japan and the Republic of Korea have agreed to collaborate on research aimed at enhancing the compatibility of disaster data and terminology across North-East Asia.

The agreement was formalised in the ‘Way Forward’ declaration at the closing of the recent three-day Expert Meeting on Disaster Loss and DRR Technology Sharing for North-East Asia, hosted in Jeju Island, Republic of Korea.

The forum made several recommendations including: the establishment of a working group to define and categorise disasters under a common terminology; exploring the possibility of a disaster data repository; and the compilation of a reference guide on procedures and protocols pertaining to collection, processing, analysing and disseminating disaster statistics.

More details.

The Australasian Business Continuity Summit 2014
This year’s Australasian Business Continuity Summit will take place on 4th and 5th June 2014 at Luna Park, Sydney. Pre-Summit Workshops will be held on Tuesday 3rd June 2014 at the Harbour View Hotel in North Sydney. The Summit is organised jointly by the Business Continuity Institute and Continuity Forum. http://bcsummit.com.au

Thailand launches inaugural event on disaster risk reduction
Thailand will be the host of the first ever Asian Disaster Risk Reduction Expo (ADRE) which will be held in Bangkok at the IMPACT exhibition Center, from 4th-7th November. The exhibition will comprise an expo, conference, and networking event focused on natural and man-made disasters. www.adrexpo.com

The 2014 Internal Audit Capabilities and Needs Survey
According to the 2014 Internal Audit Capabilities and Needs Survey Report released by Protiviti, internal auditors' priorities are to better navigate social media risks, leverage technology to improve the audit process, and collaborate more with business partners to address organizational risks.

For the second consecutive year, the survey asked about social media risks and their integration into the audit process. Nearly half (47 percent) of surveyed organizations do not include in their audit plans cybersecurity risk as it relates to social media.

According to respondents, the most important concerns related to social media risks include:

  • Financial loss
  • Interrupted business continuity
  • Loss of intellectual property
  • Loss of employee property
  • Viruses and malware.

Despite some signs of progress, the survey's results suggest companies need to make dramatic improvements. www.protiviti.com/IAsurvey

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Date: 2nd April 2014 • Region: Various

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