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

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupfeb2019.html

FEATURE ARTICLES

Assurance Software

How did the managed service provider industry successfully hijack the term ‘business continuity’?
Alex Janković claims that some managed service providers have successfully managed to equate business continuity with IT disaster recovery, resulting, at best, in confusion among those new to the profession and, at worse, the development of business continuity plans that are not fit for purpose.
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• US / World

Building an effective computer security incident response team
As the volume and variety of cyber attacks on businesses continue to grow, the need for better incident response has never been greater. Stephen Moore discusses how to build an effective CSIRT and the role it can play in protecting an enterprise in the event of a breach.
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• World

Protecting your data in public cloud services
Rapid growth in the use of public cloud services for core business operations is changing the technological landscape. But in the rush towards taking advantage of the agility that public cloud offers are organizations in danger of neglecting a core area of business continuity?
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• UK / World

Daisy

Exploring the conceptual foundation of continuity management in the context of societal safety
In a recently published research paper Henrik Hassel and Alexander Cedergren discuss challenges that arise when applying business continuity management in the societal safety area.
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• Europe / World

Organizational resilience: a capability-based conceptualization
A new research paper by Stephanie Duchek from the Faculty of Business and Economics, Technische Universität Dresden, provides an overview of the concept of organizational resilience and suggests three successive resilience stages.
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• Europe / World

Business continuity trends and challenges 2019: survey results
For the past five years Continuity Central has conducted an online survey asking business continuity professionals about their expectations for the year ahead. This article provides the results of the most recent survey and identifies some interesting changes from previous years…
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• World

ClearView

Cloud and technology trends to look out for in 2019
Cloud adoption is increasing and, at the same time, advances in technology are occurring at a rapid pace. In this article Joe Kinsella looks at six trends which business continuity and enterprise risk managers need to be aware of.
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• US/ North America

The 2019 South Africa risk profile: business resilience will be key
ContinuitySA has published a list of the most pressing risks facing South African companies in 2019; and highlights how resilience enables organizations to respond to whatever threats emerge during the year.
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• Africa

Are compliance issues holding back multi-cloud environments?
Multi-cloud environments provide substantial business continuity and disaster recovery benefits but recent research suggests that compliance issues may be holding some companies back from establishing them. Mark Hickman looks at the issue…
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• World

eBRP

Five business continuity predictions for 2019
Charlie Maclean Bristol offers five predictions for areas that will have an impact on business continuity during 2019…
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• UK / World

The top fifteen features articles published by Continuity Central in 2018
During 2018 Continuity Central published more than 600 business continuity, enterprise risk management, and resilience articles; but which were the most popular? Here are the top fifteen…
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• World

Assessing the impact of 5G on corporate networks and the workplace of the future
Is 5G the next disruptive technology which will radically change the way organizations structure corporate networks and workplaces? Dr Andrew Muir looks at what organizational leaders and business continuity managers need to consider when assessing its potential impacts.
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• UK / World

Why exploring DRaaS should be one of your business continuity New Year’s resolutions
Disaster Recovery as a Service (DRaaS) is becoming more popular as a business continuity technology. Mick Bradley looks at what is currently possible using DRaaS and how the technology will develop in the future.
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• World

RESEARCH, REPORTS & PUBLICATIONS

Lootok

New ENISA Threat Landscape report analyses the latest cyber threats
In 2018, the European cyber threat landscape changed significantly. The most important threat agent groups, namely cyber criminals and state-sponsored actors have further advanced their motives and tactics. This is according to the latest Threat Landscape report from the EU information security agency, ENISA.
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• Europe

Assessing the impacts of a global ransomware attack
A new report published by Lloyds explores the impacts and economic costs of a future highly effective ransomware attack and concludes that the global economy is not ready to deal with such an attack.
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• World

2019 Resilience Barometer report highlights scope for improvement in organizational resilience
FTI Consulting has published its first Resilience Barometer report, which highlights how companies based in the G20 are managing organizational resilience.
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• World

Capital Continuity

Survey looks at business continuity in UK SMEs
Survey-based research carried out by Crises Control and the Continuity Forum has looked into business continuity practices within UK small and medium sized enterprises (SMEs).The research was carried out using a mixture of in depth phone calls and an online survey.
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• UK

Financial institutions are beginning to re-engineer their risk management systems: Deloitte survey
In a volatile market environment and with the edict to ‘do more with less’, many financial institutions are beginning efforts to re-engineer their risk management programs, according to a new survey by Deloitte.
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• US / World

BCI publishes its Emergency Communications Report 2019
The Business Continuity Institute has released the latest edition of its Emergency Communications Report, which provides a snapshot of how organizations are using emergency communications capabilities within their business continuity processes.
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• World

Fortress

Survey of corporate leaders finds that executives’ lack of proper risk governance is putting their businesses in jeopardy
Company executives are not adequately identifying and preparing for risks that can have potentially catastrophic implications on business operations, according to DuPont Sustainable Solutions’ (DSS) annual global survey of company executives.
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• World

BSI predicts three cyber security trends for 2019
BSI's global centre of excellence for Cybersecurity and Information Resilience has forecast three key emerging trends across the cybersecurity landscape for 2019...
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• UK / World

Natural disasters resulted in a $225 billion economic cost in 2018
Aon plc has published its ‘Weather, Climate & Catastrophe Insight: 2018’ annual report, which evaluates the impact of global natural disaster events to identify trends, manage volatility and enhance resilience.
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• World

Risk Logic

Cyber crime could cost companies $5.2 trillion over next five years: Accenture report
Companies globally could incur US$5.2 trillion in additional costs and lost revenue over the next five years due to cyber attacks, as dependency on complex Internet-enabled business models outpaces the ability to introduce adequate safeguards that protect critical assets, according to a new report from Accenture.
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• US / World

Third party risk management trends and insights for 2019
Today’s business climate dictates that organizations will need to continue to rely on third parties to remain competitive and alleviate internal processing burden. All of these relationships present some sort of risk to organizations that requires managing and monitoring.
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• World

Global talent shortage is now the top emerging risk facing organizations: Gartner
Staff shortages have escalated in the last three months to become the top emerging risk organizations face globally, according to Gartner, Inc.’s latest Emerging Risks Survey.
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• US / World

Recommendations made for developing a new Canadian flood resilience standard
The University of Waterloo has released a new report ‘Weathering the Storm: Developing a Canadian Standard for Flood-Resilient Existing Communities’ which provides recommendations for enhancing community resilience.
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• Canada

The World Economic Forum issues its annual Global Risks Report
Each year the World Economic Forum publishes its ‘Global Risks Report’ which assesses the risk climate around the world and horizon scans emerging risks. It incorporates the results of a survey of approximately 1,000 experts and decision-makers around the world.
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• World

Cyber security incidents and misconceptions both increase as critical ERP systems migrate to the cloud
The Cloud Security Alliance (CSA) has released the findings from its first research survey on ‘Enterprise Resource Planning (ERP) Applications and Cloud Adoption’. The study offers insight into cloud preparation and migration, the features and benefits gained, and the security and privacy challenges for ERP systems in a cloud environment.
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• World

Cyber incidents join business interruption as the risks most worrying businesses
The recently published Allianz Risk Barometer 2019 says that traditional risks such as natural catastrophes continue to challenge, while other threats, including business interruption and reputational risk, continue to evolve.
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• World

Cyber risks are the biggest threat to business say risk managers
Sword GRC has published findings from its annual survey of global risk managers. Almost 150 risk managers from highly risk-aware organizations worldwide were canvassed for their opinions. Overall, cyber risks are seen as the biggest threat to business, with a quarter of organizations stating that this is the case.
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• Various

Extended enterprise risk management will be a focus in 2019: survey
A recent survey by Deloitte has shown that organizations are concerned about several extended enterprise risks, including supply chain, financial, regulatory, legal, and strategic. Organizations need to manage these areas centrally, leading to an expectation that ‘extended enterprise risk management’ (EERM) will be a 2019 priority.
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• US / World

Report shows that a third of businesses still do not have a cyber attack response plan
Radware has published its 2018-2019 Global Application and Network Security Report, which looks at the impacts of cyber attacks and the measures that businesses have taken to prepare for and respond to them.
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• UK / World

Isolated recovery and air gaps: new ways of using the cloud for critical data protection identified
Archive360 has identified two related areas where enterprises will change the way that the cloud is used for protecting critical data during 2019...
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• World

CFOs may be held accountable for natural disaster losses in the year ahead
In the company’s latest white paper, 'Master the disaster - Why CFOs must initiate natural catastrophe preparedness in 2019 and beyond', FM Global argues that a failure to prepare for natural hazards leaves CFOs in the hot seat when it comes to financial losses due to disasters.
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• US / World

Survey examines the need for active shooter training in the US workplace
A new poll commissioned by Cintas Corporation has found that 35 percent of employed Americans are not confident they would know what to do if an active shooter enters a building they are in.
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• US

Survey looks at cyber security in the manufacturing industry
ISACA and the Digital Manufacturing and Design Innovation Institute (DMDII) recently partnered to conduct a survey that explored the cyber security challenges faced by the global manufacturing industry.
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• US / World

Three trends that will impact disaster recovery in 2019
Disaster recovery methods for protecting organizational systems and data are going through a period of substantial change. Three key areas in particular will impact how disaster recovery develops in 2019, according to Arcserve...
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• World

Report identifies ways that company boards need to be involved in cyber risk management
The Advanced Cyber Security Center (ACSC) has published findings from a new report, ‘Leveraging Board Governance for Cybersecurity, The CISO / CIO Perspective’, which calls for boards to be active governance partners in ‘collaborative cyber defense’.
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• US / World

DRI publishes 2019 resilience predictions report
DRI International’s Future Vision Committee has published its 4th Annual Predictions Report, which makes predictions for developments and events that may impact organizations in the year ahead.
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• World

Study looks at IT security practices and concerns related to container technology
Tripwire, Inc., has released the results of a study examining container technology security practices and concerns. The study, conducted in partnership with Dimensional Research in November 2018, surveyed 311 IT security professionals who manage environments with containers at companies with over 100 employees.
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• World

Report looks at the role of accountants in effective enterprise risk management
Professional accountants have a meaningful opportunity to enable more effective enterprise risk management within the organizations that they work for, according to a report published by IFAC (the International Federation of Accountants).
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• World

Cloud will become more suitable for critical applications in 2019
The cloud has a rich history of continual improvements, and 2019 will usher in some fairly significant ones that enhance capabilities, simplify operations and reduce costs says SIOS Technology Corp.’s President and CEO Jerry Melnick.
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• US / World

Study looks at the state of business-critical mobility across enterprises
According to a new study commissioned by SOTI, and conducted by VDC Research, access to increasingly powerful mobile and other Internet-connected devices, intuitive and immersive applications and robust networks has significantly changed the way we work and has become business-critical. The study found that just one failure incident can result in up to 100 minutes in lost productivity.
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• UK / World

Total economic losses from disasters significantly decrease in 2018; but insured losses are high
According to preliminary estimates, total worldwide economic losses from natural and man-made catastrophes in 2018 declined to USD 155 billion from USD 350 billion in 2017, says the Swiss Re Group.
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• World

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