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

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Organizational resilience: grasping the vision
Organizational resilience has been around for a decade or more as a specific management discipline, but it has yet to gain traction in many organizations. This article explores what organizational resilience is and why it is worth taking another look at.
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• World

Out of sight, out of mind? WORM data retention risks explored
Write Once, Read Many (WORM) data is used for a variety of reasons where data integrity, authenticity, and long-term preservation are critical. One area often missed with WORM usage is data retention risk, as Michael Jack explains…
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• World

Six questions that will help you level up your pen testing to 'offensive security'
Simply using point-in-time penetration testing to identify vulnerabilities gives hackers the upper hand says Tom Eston. Here he explains the advantages of moving pen testing towards 'offensive security'.
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• UK / World


The business resilience guide
This guide contains a five-step framework to achieve business resilience...
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2023 expected to be a near-normal Atlantic hurricane season: NOAA
NOAA's Climate Prediction Center is predicting a near-normal hurricane activity in the Atlantic this year. NOAA's outlook for the 2023 Atlantic hurricane season predicts a 40 percent chance of a near-normal season, a 30 percent chance of an above-normal season and a 30 percent chance of a below-normal season.
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• Various

Backup storage is a key attack target: 2023 Ransomware Trends Report
Organizations of all sizes are increasingly falling victim to ransomware attacks and inadequately protecting against this cyber threat, according to the Veeam 2023 Ransomware Trends Report.
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• World

OpenAI highlights the need for governance to avoid future superintelligence risks
OpenAI, creator of ChatGPT, has issued a statement, saying that ‘now is a good time to start thinking about the governance of superintelligence’. Superintelligence is a term for future AI systems that will be ‘dramatically more capable than even AGI’ (artificial general intelligence).
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• World

#StopRansomware Guide released by National Security Agency
The US National Security Agency (NSA) has published an updated guide to assist organizations with protecting against ransomware attacks.
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• US / World

Threat of cyber attacks on physical security systems highlighted by NPSA
The UK National Protective Security Authority (NPSA) has published guidance on the threat of cyber attacks aimed specifically at security systems with the goal of corrupting data, opening a portal, or disabling alarms.
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• UK

Civil unrest in Africa is at a six-year high: Verisk Maplecroft
Businesses operating in Africa ‘are grappling with an unprecedented rise in disruption linked to protests, demonstrations and rioting’, according to research by Verisk Maplecroft. The situation is also expected to deteriorate through 2023.
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• Africa

Business risks move to the top of organizational concerns
A new Chartered Institute of Internal Auditors poll reveals the key risks that businesses are concerned about and finds that cyber security worries have been overtaken by financial, liquidity, and insolvency business risks.
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• UK / Europe

NERC says that seven areas of the US are at elevated risk of power outages this summer
NERC, the North American Electric Reliability Corporation, has issued its 2023 Summer Reliability Assessment, which warns that two-thirds of North America is at risk of energy shortfalls this summer during periods of extreme demand.
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• US

Nearly two-thirds of compliance professionals view third parties as their most heightened risk
Senior compliance professionals are more concerned with increasing challenges relating to third parties than any other top-of-mind risk area, according to survey findings from Compliance Week and the Technology segment within FTI Consulting, Inc.
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• World

Company, organizations, and markets news

OnSolve and Babel Street partner to provide a view of risk across numerous languages
OnSolve has announced a partnership with Babel Street, where Babel Street’s enriched publicly available data and linguistics technology will integrate into the OnSolve Platform. This will provide organizations with risk intelligence from sources gathered in the most common languages around the globe.
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• World

New products and services

Vantage IQ: the first AI-powered cyber security analysis and response engine for operational infrastructure
Nozomi Networks Inc., has introduced Vantage IQ, claimed to be the industry’s first AI-based analysis and response engine designed to quickly address security gaps and resource limitations in mission critical operational infrastructure.
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• World

Nebulon launches TripLine: a combined server and storage threat detection for cryptographic ransomware
Nebulon, Inc., has announced the availability of TripLine, a new threat detection service designed to alert customers when a cryptographic ransomware attack has been detected, as well as the precise location and point-in-time the attack occurred.
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• World

Zerto launches real-time encryption detection and air-gapped recovery vault
Zerto has announced the launch of a new real-time encryption detection mechanism and air-gapped recovery vault for enhanced hybrid cloud protection and security against cyber threats.
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• World


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