Risk Topics

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/risktopicsjan2021.html

World Economic Forum releases the Global Risks Report 2021
Each year the World Economic Forum publishes a report looking ahead to the short term and long term risks facing organizations around the world. The 2021 Global Risks Report has now been published, alongside a call for the world to ‘wake up to long term risks’.
Read the article
• World

UK Supreme Court rules that insurers must pay out on a large number of disputed pandemic-related business interruption claims
On Friday 15th January the UK Supreme Court made the final ruling on a long running legal process concerning whether insurers needed to pay out on tens of thousands of business interruption claims from organizations impacted by pandemic-related losses.
Read the article
• UK

The top five risks for business in 2021, according to Control Risks
Control Risks has released its RiskMap 2021, which includes an assessment of the top five global risks facing organizations and how they may develop through 2021.
Read the article
• World

A new enterprise resilience management model is needed, says Resilience First
Traditional enterprise risk management models based on analysis of historical trends are no longer valid in isolation, and agile adaptation to changing circumstances in a new enterprise resilience management model is now required for organizational survival and success says Resilience First.
Read the article
• UK / World

Pandemic aside, where will the next high-impact global incident come from?
Despite prior warnings that infectious disease pandemics presented a high-impact threat, COVID-19 seemed to catch governments and companies off guard. What other threats exist which the world can and should prepare for? Peter Groucutt says that top of the list is a global cyber attack – such as on a major cloud provider…
Read the article
• World

New guidance outlines tactics for effectively communicating cyber security risk to boards
A new paper from ISACA, ‘Reporting Cybersecurity Risk to the Board of Directors’, outlines how cyber security and risk professionals can effectively communicate with their boards of directors about cyber security and its link to business objectives.
Read the article
• US / World

2021 is the year when boards need to integrate risk management and corporate strategy
As the pandemic crisis and lingering economic and political volatility increasingly threaten businesses and recovery globally, WomenCorporateDirectors Foundation (WCD) is seeing many companies consider establishing a stand-alone board risk committee.
Read the article
• US / World

2021 business continuity, risk management, and resilience predictions
This section of Continuity Central collates all the news pieces and articles that have been published recently which look ahead to 2021 and make predictions for how various areas of business continuity, risk management, and resilience may develop.
Read the article
• World

DRI International publishes 6th Annual Global Risk and Resilience Trends Report
The Sixth Annual DRI International Global Risk and Resilience Trends Report is now available. This looks at how trends developed in 2020 and how these changes might develop in 2021.
Read the article
• World

Climate change: the emerging crisis that all organizations need to assess
The COVID-19 pandemic and its devastating consequences caught plenty of organizations off guard. While it can be difficult to contemplate the next big crisis in the midst of the current one, this is exactly the time to look ahead to minimize any future surprises, says Jim Wetekamp, and topping many experts’ lists of the next big crisis is climate change.
Read the article
• World

Global ‘spam wave’ could be a sign of a test of a new attack vector
A vast spam wave is sweeping across the world, sparking fears that cybercriminals are testing a new tool that’s destined to become a major threat to businesses and consumers in 2021.
Read the article
• World

Joint Marsh and RIMS study explores the top risk concerns for Indian companies
The continued effects of the COVID-19 pandemic, or a new public health crisis, emerged as the top risk concerns for Indian companies, according to a joint study conducted by Marsh and RIMS.
Read the article
• India

Five predictions for how ransomware attacks will develop in 2021
The business of ransomware boomed during 2020 and this trend is expected to continue through 2021. With certain patterns already developing, data integrity company Index Engines makes the following predictions for the effects of ransomware in 2021...
Read the article
• World

Reducing your reputation risk with an effective external communication policy
While it may sound straight forward there is more to creating an effective external communication policy than meets the eye. Deon Binneman digs deeper into this vital area of risk management and provides a useful checklist.
Read the article
• Africa / World

FERMA survey explores risk managers’ contributions to COVID-19 response and resilience
European risk managers have helped maintain the continuity of their organizations during the pandemic crisis. They have participated in task forces and crisis units, promoted communication, supported new working practices, pursued insurance recoveries where possible, and begun work on recovery, according to survey results published by FERMA.
Read the article
• Europe / UK

CALL FOR PAPERS

Written a relevant article or white paper? We'd like to consider it for publication on Continuity Central. Simply e-mail editor@continuitycentral.com

You have subscribed to this newsletter. To unsubscribe visit:
http://www.continuitycentral.com/index.php/unsubscribe or e-mail webmaster@continuitycentral.com

Read our privacy policy at https://www.continuitycentral.com/index.php/privacy-and-cookies

Continuity Central is a registered trademark