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

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FEATURE ARTICLES

Why now is the time to build climate resilience: and how to make a start
Developing climate resilience is now essential for organizations looking to ensure long-term continuity but it is not a simple task. Here Lou Gritzo explains how breaking down assessment and planning into three distinct areas - property, operations and people - can help.
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• World

As a board member do you really understand the risks faced by your organization - especially those related to enterprise IT systems?
In an article that aims to help board members ask appropriate questions within their organizations Nick Denning looks at how to analyse and categorise risks, with a particular focus on enterprise IT systems.
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• World

Protecting businesses from ransomware at the edge
Remote/branch office (ROBO) environments that operate at the edge of businesses are often more vulnerable to cyber attacks than other areas of the organization. In this article Richard Massey offers four tips to help organizations prevent and respond to ransomware attacks on ROBO environments.
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• World

LATEST NEWS

Basel Committee calls for improved cyber resilience
The Basel Committee has published a newsletter calling on banks to improve their resilience to cyber threats. This follows the Committee's meetings of 15th and 20th September, during which it assessed risks and vulnerabilities to the global banking system and discussed supervisory and policy initiatives.
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• World

The BCI publishes its Crisis Management Report 2021: shows trends and developments in this area
The BCI has published its first research report looking at attitudes to crisis management. The survey based report was sponsored by International SOS.
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• World

New COSO guide aims to help organizations align risk management with AI initiatives
Recognizing the accelerating need to identify and manage the risks of artificial intelligence effectively, the Committee of Sponsoring Organizations of the Treadway Commission (COSO), in collaboration with Deloitte, has issued guidance to help organizations align risk management with AI initiatives.
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• World

Aon Catastrophe Report looks at natural disaster events around the world in August
Ida expected to be among costliest hurricanes to impact US mainland; Record heat and drought conditions prompt extreme wildfire activity around the globe.
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• World

Backup processes in UK businesses examined
Research by Databarracks has revealed that 15 percent of UK organizations are still using a combination of disk and tape backups, with 51 percent now using online or cloud backups. The findings are from Databarracks’ 2021 Data Health Check.
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• UK

Four out of five organizations plan to begin zero trust rollout within one year
Ericom Software has published results from its inaugural Zero Trust Market Dynamics Survey. The survey was designed to assess the market’s perception of the zero trust security framework, explore organizations’ plans for adoption and implementation, and identify key issues that inhibit their moves to zero trust.
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• World

Critical infrastructure is increasingly at risk from operational technology, as vulnerabilities see 46 percent rise
Skybox Security has released its annual Mid-Year Vulnerability and Threat Trends Report, offering new threat intelligence research on the frequency and scope of global malicious activity.
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• World

Research shows that organizations are much more concerned about technology risks than other groups of risk
Specialist insurer Beazley’s new report ‘Spotlight on technology risk’ reveals that a range of technology risks top executives’ risk radars on both sides of the Atlantic.
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• US / UK

Deloitte survey shows widespread lack of preparation for ransomware attacks
While 64.8 percent of C-suite and other executives responding to a recent a recent Deloitte poll say that ransomware is a cyber threat posing major concern to their organizations over the next 12 months, only 33.3 percent say that their organizations have simulated ransomware attacks to prepare for such an incident.
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• World

New guidance document on commercial property flood resilience published
The Ox-Cam PFR Pathfinder Project has released a new guide to help businesses consider flood risks and appropriate resilience measures. ‘Flood Handbook for Your Business’ provides advice on both planning for and responding to flooding.
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• UK / World

76 percent of IT teams admit security took a backseat to business continuity during the pandemic
HP Inc. has published its HP Wolf Security Rebellions & Rejections report, a comprehensive global study highlighting the tension between IT teams and employees working from home (WFH) that security leaders must resolve in order to secure the future of work.
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• World

Company and markets news

Business, Interrupted: Castellan Solutions launches new business resilience podcast
Castellan Solutions has launched 'Business, Interrupted', a new podcast series hosted by Brian Zawada, COO of Castellan, and Cheyene Marling, Managing Director of BC Management.
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• World

A group of industry professionals has set up the ‘Resilience Think Tank’
A group of risk and resilience leaders from the US, UK, and Canada have formed the Resilience Think Tank, a group dedicated to providing guidance and research to other professionals.
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• World

New products and services

Datto announces availability of Datto Continuity for Microsoft Azure
Datto has announced the commercial availability of Datto Continuity for Microsoft Azure, a comprehensive business continuity and disaster recovery solution that protects MSPs and their clients’ data in the public cloud.
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• World

Commvault adds new ransomware protection and response services
Commvault has announced new ransomware services designed to help businesses prepare for, protect against, and respond to ransomware.
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• World

Hornetsecurity launches ‘industry first’ all-in-one security and backup solution for Microsoft 365
Hornetsecurity has launched 365 Total Protection Enterprise Backup, claimed to be an industry-first solution covering all aspects of email and data security and protection for Microsoft 365.
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• World

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