This newsletter highlights all the feature articles published on Continuity Central during June 2020, as well as various resources.

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupjuly2020.html

FEATURE ARTICLES

Assurance Software

Is your ICS being targeted? How to identify whether your organization is being lined-up for a Snake ransomware attack
According to research by Kaspersky ICS CERT experts a number of industrial companies are currently experiencing targeted attacks involving the Snake encryption ransomware. This article explains how to identify whether your organization is being lined-up for an attack.
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• World

COVID-19 pandemic updates
This Continuity Central resource section is being regularly updated with situational updates, news, resources, and business continuity information related to the COVID-19 pandemic.
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• World

Probability of events: the underrated factor of the risk assessment
In the first article in a short series explaining how to use mathematical concepts to bring more accuracy to risk and impact assessments made for business continuity and enterprise risk management, Alejandro Aristizábal Correa looks at ways to calculate the probability of events.
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• World

ClearView

Focusing on risk and recovery: a ransomware preparation checklist
Recent weeks have seen new high-profile ransomware attacks hitting the headlines, adding to the difficulties for companies already working hard to manage COVID-19 issues. Charles Burger provides six tips to help reduce ransomware risks.
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• World

Organizational resilience and employee work-role performance after a crisis situation
A new paper in the Journal of Public Relations Research considers how employee behavior / behaviour impacts organizational resilience, and presents the results of a US survey looking at this area.
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• US / World

The people element of business continuity: some lessons from COVID-19
With so many working environments made unavailable as a result of COVID-19, and staff being forced to work remotely for extended periods of time, what lessons have companies learnt about the provisions they had in place, and how might they adapt for the future? With many organizations looking at introducing more flexible working as a permanent solution, the people element of business continuity needs more consideration than ever. Chris Butler explores…
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• UK / World

Daisy

Collaborating with the competition as a business continuity strategy
Businesses around the world have had to collaborate with competitors in order to survive the COVID-19 pandemic - in some cases they have grown – but sharing excessive amounts of information with rivals comes with risks.
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• UK / World

Simple steps your IT can take to improve resilience in a world of change
As countries emerge from COVID-19 lockdowns and some companies start to send employees back into offices, there is a unique opportunity for IT operations and resilience to improve and change. What might this look like? John Appleby highlights some quick wins…
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• World

Exploring digital twin technology as a way of managing supply chain risks and resilience
A new paper in the Production Planning & Control journal explores how a digital supply chain twin could be utilized to improve the management of supply chain risks and resilience.
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• World

RESEARCH, REPORTS & PUBLICATIONS

Fortress

Scientists sound the alarm about a novel influenza virus with pandemic potential
In a research article published in the Proceedings of the National Academy of Sciences of the United States of America, researchers have highlighted the discovery of a new H1N1 influenza virus which should be monitored due to its potential to be a vector for a future pandemic.
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• Asia / World

New ISACA guidance explores how to factor supply chain into business continuity planning
A new white paper from ISACA, ‘Supply Chain Resilience and Continuity: Closing Gaps Exposed in a Global Pandemic’, offers approaches that enterprises can implement to increase the resiliency of their supply chain.
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• US / World

Majority of world’s top CEOs and CFOs say their companies are underprepared for climate-related risks
Although the pandemic dominates the world’s attention, climate risk is simmering in the background, with more than 3 in 4 (77 percent) CEOs and CFOs at the largest companies in the world admitting their firms are not fully prepared for the adverse financial impact of a changing climate.
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• World

RiskResLtd

Enterprises that halted IT cloud migrations due to the pandemic had more outages than those that continued
Enterprises that halted their cloud migration journey during the current global pandemic are two and a half times more likely than those that continued their move to the cloud to have experienced IT outages that negatively impacted their SLAs.
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• UK / US

Supply-chain security and resilience is one of the biggest issues facing the tech sector
Supply-chain security and resilience is currently a huge emerging issue for the tech sector and securing corporate supply chains should be the number one priority for CISOs over the next 12 months. This finding emerged from a Resilience First expert briefing on how the Internet has been the backbone of business response to the impact of COVID-19.
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• UK

The impacts of work from home measures surveyed
Early 2020 saw the beginning of worldwide lockdown measures that forced many businesses worldwide to work remotely in response to COVID-19, and a new report, the ‘2020 Work-from-Home IT Impact Study’, has examined the impacts of these steps.
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• UK / World

Risk Logic

European Commission DRIVER+ project results promote crisis management innovation, capability building and networking
A partnership of stakeholders has developed a set of free and open tools designed to accelerate innovation in the crisis management field.
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• Europe

Study identifies the main risks associated with digital transformation
‘Digital Transformation & Cyber Risk: What You Need to Know to Stay Safe’, a new study by the Ponemon Institute sponsored by CyberGRX, presents the results of surveys of nearly 900 IT security professionals and C-level executives.
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• World

New SOC research highlights that ‘overconfident security teams’ fail to focus on threat dwell time
Exabeam has released its annual ‘2020 State of the SOC Report,’ examining the processes and effectiveness of corporate security operations centers / centres (SOCs).
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• Various

Deutsche Bank research highlights ‘four major tail risks’ that the world faces
The Deutsche Bank Thematic Research team classifies the COVID-19 pandemic as a tail risk, and highlights that the occurrence of tail risks is more regular than most people think.
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• World

Survey shows significant business impacts for organizations caught with poor data security practices
A survey for PCI Pal shows that a significant proportion of consumers will act with their feet and take their custom elsewhere, should their personal data be compromised by a business due to poor security practices amid the current pandemic.
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• UK / World

Majority of IT professionals report an increase in issues and incidents in the past three months
Ivanti has announced new findings from a survey studying the impact of the move to ‘work from home’ in response to the COVID-19 pandemic. The findings show IT workloads, security issues, and communication challenges have all seen significant increases in this new remote working era.
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• World

New study looks at how prepared businesses were for a pandemic and the strategies being used for continuity
Telstra had published the results of a research study, ‘Business Continuity, Flexible Working and Adaptive Infrastructure: Five Actions for When the Economy Reopens Following COVID-19’.
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• Various

Many traditional business continuity strategies don’t work in pandemic times says Crises Control
The COVID-19 pandemic raises a number of very significant issues for business continuity. These issues include employee availability, supply chain disruption, and social distancing. As companies return to full operations, they will have to adapt to a new normal with significantly changed business operating models. These are some of the areas explored in a new white paper from Crises Control.
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• UK / World

COVID-19: survey looks at current business continuity measures and future outlook
A new survey from International SOS highlights that over 70 percent of companies’ primary business continuity concern is further disruption from a second wave of the COVID-19 pandemic.
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• World

DNS attacks are widespread, damaging, and increasingly hitting cloud: 2020 Global DNS Threat Report
EfficientIP has announced the results of its 2020 Global DNS Threat Report. The annual research, which was conducted in collaboration with IDC, sheds light on the frequency of the different types of DNS attack and the associated costs for the last year.
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• World

Survey shows that the majority of organizations are moving to cyber resilience
Mimecast has published its fourth annual State of Email Security 2020 report, which summarizes responses from 1,025 global IT decision makers on the current state of cyber security.
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• World

COVID-19 pandemic underscores importance of IT in business resiliency finds survey
The COVID-19 pandemic has irrevocably changed the way businesses everywhere operate, crystallizing the link between a robust IT infrastructure and business continuity says a new study.
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• World

Swiss Re’s SONAR report highlights emerging risks and trends
Swiss Re has published its 2020 SONAR report, which highlights emerging risks facing businesses, communities, and societies. Despite the current pandemic the report says that the most important emerging risks over the next three years are overstretched cyber security and rising intergenerational imbalances.
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• World

Researchers look at food supply resilience in the face of catastrophic global events
In the midst of the COVID-19 pandemic, we have all become aware of how a global crisis can affect our access to food. But imagine the food security impacts of an even worse scenario - an all-out nuclear war, a large asteroid strike, or a super volcano eruption.
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• US / World

2020 Cyberthreat Defense Report findings show a rise in Zero Trust
The CyberEdge Group has published its seventh annual Cyberthreat Defense Report in partnership with Gigamon. The in-depth report reveals how IT security professionals perceive the security posture of their organizations, the challenges they face in establishing effective cyber threat defences / defenses, and the plans they have to overcome these challenges.
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• US / World

Many organizations are taking security risks when supporting work from home
Bitglass has released its 2020 Remote Work Report, which analyses how organizations have adjusted to support remote workers amidst the COVID-19 pandemic.
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• World

WHO highlights another emerging future health-related crisis: antimicrobial resistance
The World Health Organizations says that a record number of countries are now monitoring and reporting on antibiotic resistance. This is a major step forward in the global fight against drug resistance but is highlighting that ‘a worrying number of bacterial infections are increasingly resistant to the medicines at hand to treat them’.
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• World

COVID-19 is acting as a catalyst for digital transformation finds survey
New research conducted by Censuswide on behalf of Citrix Systems, shows that many organizations are accelerating their digital transformation efforts to accommodate the more flexible ways of working that employees will demand even after the pandemic subsides.
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• Various

A Resilience Guide for Our New World: a new publication from Resilience First
The UK business resilience organization, Resilience First, has published ‘A Resilience Guide for Our New World’, a new route map for businesses to strategically find ways out of the COVID-19 crisis.
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• UK

US National Governors Association releases guidance on managing natural disasters during pandemic conditions
The National Governors Association (NGA) has published ‘Planning for Concurrent Emergencies’, a memo outlining best practices for managing natural disasters during pandemic conditions, which create additional challenges in evacuation and sheltering protocols, as well as financial and logistical complications for states.
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• US

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