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

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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


Assurance Software

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

Capital Continuity

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.
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• 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.
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• 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.
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• 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.
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• 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.
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• 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.
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• 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...
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• 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.
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• 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.
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• US

Risk Logic

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.
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• World


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.
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• 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.
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• UK


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