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

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FEATURE ARTICLES

The business continuity plan of the future
What information should the business continuity plan of the future contain? Nick Simms considers how business continuity plans need to change in the light of COVID-19 and the widespread ability to work from home.
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• UK / World

Reassessing corporate safety practices for the new normal
Terrorism created a new paradigm in workplace security and now the pandemic is resulting in another rethink of corporate safety practices to maintain business continuity, safe workspaces, and healthy employees. Terri Mock highlights three key areas that need assessing to help keep your corporate safety policies up to date.
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• World

Zero trust security: what it is and why adoption is increasing
Every step you take in your organization’s zero trust journey reduces your risk of downtime, data breaches and compliance failures, so the time to start implementing it is now, says Bryan Patton. Here he explores why so many organizations are moving to zero trust and how to take your first steps.
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• World

Supply chain resilience: we need to learn lessons from the past
Supply chain issues have been a recurring issue through the COVID-19 pandemic, one of the latest examples being the sudden Carbon Dioxide shortage that occurred in the UK recently. Organizations seem to have failed to learn resilience lessons from a similar issue in 2018 says Patrick Roberts.
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• UK / World

Tips for successfully deploying multi-cloud strategies
Making the decision to implement a multi-cloud strategy is difficult. From the decision to pursue a multi-cloud journey to defining the requirements to laying the foundation to identifying and deploying applications and services to the multi-cloud environment, the process requires a solid strategy and flawless execution to succeed, say experts at Taos.
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• World

LATEST NEWS

High levels of unstructured data growth combined with a lack of visibility is increasing threats to organizational data
Egnyte has released its 2021 Data Governance Trends Report. The report is based on a survey of 400 IT executives conducted in July 2021, examining the challenges of securing and governing unstructured content in today’s hybrid and remote work environments.
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• World

Configuration changes were the root cause of recent major outage says Facebook
On October 4th Facebook experienced an outage that lasted more than five hours and impacted many of its social media platforms. In a statement issued by Facebook Engineering, the company blamed configuration changes for the incident.
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• World

AIRMIC releases new introductory guide to risk appetite
Airmic has published a new guide in its series of popular EXPLAINED guides. ‘Risk Appetite: The facts, the myths, and the links with culture, maturity and sustainability’ aims to provide guidance for learning and development at an introductory level.
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• UK / World

C-Suite has greater willingness to invest in risk and resilience due to pandemic experiences
New research by Aon finds that the pandemic exposed new organizational vulnerabilities, driving C-Suite willingness to invest in preparation for other long-tail risks. This was one of the key results in a new survey-based report, ‘A New Approach to Volatility: The Importance of Making Better Decisions’.
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• Various

Organizations need to better manage backup data to ensure effective ransomware incident response
Government agencies such as the US Federal Bureau of Investigation (FBI), the United Kingdom’s National Cyber Security Centre (NCSC), and US Cybersecurity and Infrastructure Security Agency (CISA) continue to issue warnings on ransomware as attacks increase.
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• World

NIST launches new ‘Quick Start Guide’ for its Cybersecurity Framework
To assist organizations wanting to start using the NIST Cybersecurity Framework, NIST has published a new guide, NIST Special Publication (SP) 1271, Getting Started with the NIST Cybersecurity Framework: A Quick Start Guide.
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• US / World

How did cyber attacks develop in Q2 2021? A new report provides the answers
WatchGuard Technologies has released its latest quarterly Internet Security Report, detailing the top malware trends and network security threats analysed by WatchGuard Threat Lab researchers during Q2 2021.
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• World

New report explores risks associated with third party IT services
CyberVadis has released a new research report to analyse risks associated with third party IT services. It focuses on five key areas of cyber security: data privacy, access management, cloud security, incident detection and response (IDR) and business continuity.
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• World

The role of risk management in corporate resilience: new survey-based report
A new report published by the Federation of European Risk Management Associations (FERMA) and the global management consulting firm McKinsey looks at the role risk and insurance managers are playing in developing the resilience of their organizations.
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• Europe / World

Risks and global supply chains: what we know and what we need to know
A new Bank of England ‘Staff working paper’ by Richard Baldwin and Rebecca Freeman explores current global supply chain risks and how they could change and develop.
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• UK / World

VMware issues details of emergency actions that need taking to address a critical security vulnerability
VMware has issued an alert about a number of vulnerabilities discovered in VMware vCenter Server, the most serious of which requires immediate action. The alert, VMware Security Advisory VMSA-2021-0020, includes a vulnerability that has been evaluated in the critical severity range, with a maximum CVSSv3 base score of 9.8.
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• World

Ransomware attacks reach ‘stratospheric’ levels finds new research
Ransomware attacks have reached ‘stratospheric’ levels, now accounting for 69 percent of all attacks involving malware. That is among the most disturbing finding in “Cybersecurity Threatscape: Q2 2021,” the latest report from security specialist Positive Technologies.
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• World

Business risks: five ‘what if?’ questions you need to ask to prepare for future shocks
More than 18 months into the COVID-19 crisis and still facing countless uncertainties, it is more important than ever that businesses widen their apertures beyond conventional wisdom, identify plausible and powerful contingencies, and plan and prepare for the unexpected.
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• World

Survey finds that risk management is seen as increasingly important by middle market companies
New data from Chubb and the National Center for the Middle Market (NCMM), housed at The Ohio State University Fisher College of Business, shows that middle market companies are finding risk management increasingly important.
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• World

Company and markets news

Agility Recovery acquires BOLDplanning
Agility Recovery has announced the acquisition of BOLDplanning Inc. Based in Nashville, Tennessee, BOLDplanning offers web-based continuity planning tools and consulting for emergency operations planning, continuity of operations planning, business continuity planning, and hazard mitigation for the government, education, healthcare, and business sectors.
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• US

F-Secure helping to develop secure AI as a part of EC SPATIAL project
F-Secure will research advancements in trustworthy artificial intelligence (AI) as part of SPATIAL (Security and Privacy Accountable Technology Innovations, Algorithms, and machine Learning), a new project funded by the European Commission’s Horizon 2020 program.
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• Europe

Survey finds that risk management is seen as increasingly important by middle market companies
New data from Chubb and the National Center for the Middle Market (NCMM), housed at The Ohio State University Fisher College of Business, shows that middle market companies are finding risk management increasingly important.
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• World

New products and services

Druva introduces ‘curated recovery technology’ for accelerated ransomware recovery
Druva Inc. has introduced what it says is the industry’s first and only curated recovery technology, leveraging intelligent automation, for accelerated ransomware recovery.
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• World

Qumulo launches Recover Q ransomware business continuity and DR solutions
Qumulo has announced the launch of Qumulo Recover Q, a business continuity and disaster recovery solution that bolsters existing strategies to help guard against and react to ransomware threats.
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• World

JOB VACANCIES

Crisis, Business Continuity and Operational Resilience Manager, Canada

Senior Manager Business Resilience, New Zealand

Business Continuity Analyst, US

Business Continuity & Data Protection Manager, UK

Business Continuity Manager – Disaster Recovery, UK

Senior Operational Resiliency Analyst, US

Business Continuity Lead/Project Manager, Canada

Business Resilience Manager, Australia

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