This newsletter highlights all the feature articles published on Continuity Central during March 2019 as well as various resources.

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupapril2019.html

FEATURE ARTICLES

ClearView

Backup – is your strategy evolving?
It goes without saying that backing up data is one of the most important things a business can do, especially considering how data is now essentially the lifeblood of an organization. With this in mind, five IT industry professionals give their advice as to how business continuity professionals can keep up with the ever-evolving world of backup...
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• World

World Backup Day 2019 update page
World Backup Day 2019, a day dedicated to the importance of regular backups, is scheduled for 31st March. This page provides updates related to the event; including useful resources, information and statistics.
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• World

Is your organization taking a holistic approach to data protection?
Mark Jow shares some points that organizations should consider when analysing whether data protection processes and strategies are sufficient to meet the differing requirements of disaster recovery and data security.
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• World

Assurance Software

Preparing for a post-Brexit supply chain and logistics strategy
British retailers that are selling online to European markets face some specific supply chain and logistics issues after Brexit. Joe Farrell explains what these are and looks at some preparatory measures that such retailers can make.
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• UK

Brexit: the unintentional evolution of a Black Swan event
Geary Sikich explains why he believes that Brexit is a Black Swan event and describes various issues that enterprise risk managers should consider when assessing and managing Brexit risks..
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• UK / Europe

Seven misconceptions about DDoS attacks that could jeopardize your business
The DDoS threat landscape has developed rapidly leaving many organizations behind in both their perception of the risks and their actions to protect against them. Rolf Gierhard looks at the most dangerous and pervasive misunderstandings about DDoS attacks…
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• World

Daisy

Emergency evacuations: how to deal with the issue of ‘bystander apathy’
It has been noted numerous times, in multiple studies, that building occupants often ignore or are slow to respond to standard fire alarm sounders: this is ‘bystander apathy’. This article looks at the issue and suggests some solutions.
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• World

Barclays defence of its IT shutdowns highlights wider limitations surrounding how outages and incidents are reported
Peter Groucutt, managing director of Databarracks, comments on the BBC’s recent analysis of IT outages and incidents for major high-street banks.
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• UK

Design of a BIA and Continuity Strategy in BCMS Using a Bayesian Belief Network for the Manufacturing Industry
A new paper by Hojun Lee, published in the Korean Society of Hazard Mitigation, proposes a method to determine four BC indicators by interpreting the correlation between business and continuity indicators and customer satisfaction.
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• Asia Pacific / World

Fortress

Replacing FUD with business continuity nudges
When looking to raise awareness of business continuity within organizations and obtain business and senior management support for business continuity programs it is tempting to fall back on the shock tactics of fear, uncertainty and doubt (FUD) but this approach is at best ineffective, at worst counter-productive. Instead, using nudge theory is more likely to pay dividends. David Honour explores…
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• World

What should a cyber incident playbook include?
Charlie Maclean Bristol explains why developing a playbook for the main types of cyber attacks will help businesses response effectively when an attack occurs. He also provides a checklist covering the areas that such a playbook should include.
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• UK / World

RESEARCH, REPORTS & PUBLICATIONS

eBRP

Global research reveals that backup and recovery strategies are shifting with evolving threats
Barracuda has released key findings from a global research study entitled ‘Closing Backup and Recovery Gaps’. Barracuda surveyed more than 1,000 IT professionals, business executives, and backup administrators worldwide to find out more about their data protection strategies.
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• World

SEBI issues update to business continuity and disaster recovery guidelines
In a circular published on 26th March 2019, The Securities and Exchange Board of India (SEBI) released a new version of its business continuity and disaster recovery guidelines for market infrastructure institutions.
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• India

Third-party cyber risk management practices are ‘important but ineffective’
CyberGRX has announced the results of its inaugural ‘Cost of Third-Party Cybersecurity Risk Management’ study carried out by Ponemon Institute. Surveying over 600 IT security professionals, the study illustrates a persistent theme that organizations and third parties see their third-party cyber risk management (TPCRM) practices as important but ineffective.
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• World

Capital Continuity

Current and emerging supply chain continuity risks examined
A new report from DHL examines last year's major supply chain challenges and identifies trends that will shape the risk landscape in 2019. Key events in 2018 included climate-driven disruptions affecting shipping, higher than expected cyber attacks targeting supply chain assets, and industry zone shutdowns impacting production activities.
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• Europe / World

DDoS attacks result in downtime averaging 67 minutes per attack
Research from NETSCOUT has found that 91 percent of major UK enterprises who had experienced a DDoS attack in 2018 experienced network downtime as a direct result.
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• UK

Crisis management: managing negative celebrity endorser publicity
Celebrity endorsers are a part of doing business in today’s social media rich world, but such endorsers can generate negative impacts when things go wrong. How can businesses prepare for and respond to such incidents?
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• North America / World

Risk Logic

Researchers develop energy monitor that can identify potential electrical failures before they happen
A new system devised by researchers at MIT can monitor all electric devices within a building or factory, determining which ones are in use at any given time and whether any are showing signs of an imminent failure.
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• US / World

Survey looks at cyber security incident response capabilities and priorities
According to a new poll by NTT Security the majority (59 percent) of respondents admit they are not confident their company could resume ‘business as usual’ after the first 24 hours, although 41 percent say they are.
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• World

Trends and issues in risk management affecting mid-size and large US banks
The Risk Management Association has published the results of its recent regulatory survey, which aims to identify trends and issues in risk management affecting mid-size and large banks.
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• US

APRA identifies reputational damage, flooding, regulatory changes and cyclones as the top climate-related risks
Releasing the results of its first climate risk survey of regulated entities today, the Australian Prudential Regulation Authority (APRA)called on entities to move from gaining awareness of the risks to taking action to mitigate against them.
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• Australia

New research report looks at Australia’s preparedness for catastrophic disasters
In an annual report from Macquaire University’s Risk Frontiers, Andrew Gissing and Michael Eburn look at how prepared Australia is for catastrophic and cascading disasters.
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• Australia

The likelihood of a catastrophic geomagnetic storm occurring may have been over-estimated
Researchers have developed a new model which shows that the probability of a catastrophic geomagnetic storm occurring is much lower than previously estimated; but the risk still needs to be taken seriously.
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• Europe / World

ISACA publishes guidance on developing security awareness campaigns
Many organizations struggle with developing and implementing security training and awareness programs within their organizations that actually make an impact and are measurable. ISACA, in partnership with Infosec, recently released a white paper that provides guidance and clear tips for driving effective security awareness efforts, using techniques inspired by marketing principles.
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• US / World

New report shows IoT devices increasingly being exploited for DDoS attacks
A10 Networks has published the findings of a new report into the state of Distributed Denial of Service (DDoS) attack weapons and targets, showcasing the growing use of IoT devices in synchronised attacks on targets globally.
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• World

New Controls Framework provides guidance for managing IoT risks
The Cloud Security Alliance (CSA) has announced the release of its new IoT Controls Framework, which introduces the base-level security controls required to mitigate many of the risks associated with an IoT system operating in a range of threat environments.
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• US / World

Large scale global study provides a snapshot of the business impacts of cyber attacks
The cost to companies from malware and ‘malicious insider’ related cyber attacks jumped 12 percent in 2018 and accounted for one-third of all cyber attack costs, according to new research published by Accenture and the Ponemon Institute.
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• World

Majority of US organizations rank active shooters as their top threat
Three quarters of US organizations list an active shooter situation as their top threat, according to Everbridge, Inc. Active shooter situations outrank concerns such as natural disasters, cyber attacks and supply chain disruptions.
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• US

Seven emerging security and risk management trends to be aware of
Gartner, Inc. has identified seven emerging security and risk management trends that will impact security, privacy and risk leaders in the longer term.
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• US / World

McAfee research explores command and control of the Sharpshooter nation-state driven campaign
McAfee has used the RSA Conference USA as a platform to reveal evidence that the Operation Sharpshooter campaign exposed in 2018 is more extensive in complexity, scope and duration of operations than first believed.
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• US / World

Annual Cyberthreat Landscape Report looks at how the threat landscape is evolving
Blueliv, a leading enterprise-class cyberthreat intelligence company, today launched its 2018-2019 Annual Cyberthreat Landscape Report providing insights into emerging and evolving cybersecurity trends.
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• World

How chief risk officers can make everyday enterprise risk management tasks strategic
A survey by Willis Towers Watson has looked at the enterprise risk management activities of North America based chief risk officers and considered how strategic these are.
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• US / World

Political Risk Map 2019: ‘Unprecedented uncertainty ahead’
According to Marsh businesses around the world are facing a period of ‘unprecedented uncertainty’ due to rising geopolitical tensions and protectionist sentiments, coupled with ongoing trade disputes.
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• World

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