An early warning system that quickly classifies submarine earthquakes and determines the risk of tsunami events has been developed by scientists at Cardiff University, Wales.
A new report published by Funding Circle, in partnership with insights consultancy Savanta, has attempted to quantify the benefits that being highly resilient brings to small businesses in the UK.
PwC’s bi-annual Global Crisis and Resilience Survey reveals that business leaders overestimate their organization’s resilience despite it being a high priority for most.
As impacted organizations start to look at DORA compliance, Michael Bratton considers its scope, highlights provisions that align to other regulations, and outlines areas that may help practitioners seeking to build cohesive resilience programs and frameworks that encompass multiple risk disciplines.
Colorado State University hurricane researchers are predicting a slightly below-average Atlantic hurricane season in 2023, mainly due to the expected development of El Niño.
The Monetary Authority of Singapore (MAS) has established and hosted the inaugural Financial Sector Cloud Resilience Forum for Asia Pacific financial regulators, institutions, and cloud service providers (CSPs).
Continuity Central recently reported on a decision by the PRA to fine an ex-TSB CIO due to poor decision-making relating to outsourcing contracts which resulted in operational resilience failures. In this article, David Honour explores the role of defensible decision making in helping prevent such incidents in future.
The UK Prudential Regulation Authority (PRA) has announced that it has fined Mr Carlos Abarca, the former chief information officer (CIO) of TSB Bank plc (TSB), £81,620 for his role in operational resilience failings at the bank.
Larger, ever more complex and more expensive disasters are occurring and are having a higher than necessary impact because decision makers are failing to put people first and prevent risks from becoming disasters.
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Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.
