This newsletter highlights all the feature articles published on Continuity Central during February 2021, as well as various resources.

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupmar2021.html

FEATURE ARTICLES

Emerging trends in security operations management
Looking back over more than 12 months of pandemic lockdowns in various parts of the World and looking forward to the 'next normals', Spencer Lichtenstein considers the impacts on security operations management and the future trends in this area that we are likely to see.
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• UK / World

The benefits of reputation management transparency: a case study
Nir Kossovsky, Peter Gerken, and Denise Williamee look at why a recent announcement by Apollo Global Management, which gave details of developments in the company’s reputation risk management processes, resulted in a surge in equity value.
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• US / World

Using intelligent automation to stay ahead of COVID-19 disruption
As organizations move from COVID-19 crisis response to planning long term workplace resiliency, Jim Nicol describes why intelligent automation is a key emerging tool in pandemic response and recovery.
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• World

Effective, real-world business continuity management tips: part two
Following on from his previous Continuity Central article, Andy Osborne shares further business continuity advice from the 101 tips included in his new book 'Practical Business Continuity Management 2'. Here he chooses his favourite three tips from the book...
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• UK / World

How IoT and the use of data can help in the return to the new normal
Nick Sacke discusses how Internet of Things (IoT) technologies and the use of data can boost and support industries and the wider economy to unlock more efficient and sustainable production cycles, to help businesses survive in the short term and thrive in the future.
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• UK / World

Why DRaaS usage is expected to grow in 2021
Disaster recovery as a service (DRaaS) is a particularly fast-growing sector of the business continuity and disaster recovery market. Here, Ginger Woolridge explains why this is, looks at the benefits that DraaS brings, and discusses how it is likely to develop in 2021.
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• World

First the sprint, now the marathon: determining vulnerability remediation velocity through risk-based SLAs
Stephen Roostan looks at the concept of remediation velocity and its role in helping organizations gain control over managing technology vulnerabilities.
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• UK / World

Searching for risk in all the wrong places
We cannot manage the complexity of risk today the way we managed risk in the past. Yesterday’s models, methods and ‘best practices’ while minimally useful, do not readily apply to managing risk in the future say Geary W. Sikich and Sara Robertson. In this article they explain their viewpoint…
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• US / World

Data loss prevention: pairing artificial intelligence with human insight
AI use in cyber security is growing but over-reliance is a mistake says Oliver Paterson. In this article he explains where AI can play an effective part in a cyber protection strategy and where trained human insight is still required.
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• UK / World

RESEARCH, REPORTS & PUBLICATIONS

Cloud Cyber Resilience Report uncovers developing sources of cloud risk
Accurics has published its latest research document, the ‘Accurics Cloud Cyber Resilience Report’, which highlights security risks identified in cloud native environments.
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• World

BlackBerry 2021 Annual Threat Report highlights the increasing sophistication of cybercrime tactics
BlackBerry Limited has released the 2021 BlackBerry Threat Report, detailing a sharp rise in cyber threats facing organizations since the onset of COVID-19. The research shows a cybercrime industry which not only adapted to new digital habits, but also became increasingly successful in finding and targeting vulnerable organizations.
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• World

A new organization becomes a victim of ransomware every 10 seconds worldwide
Check Point Research (CPR), the Threat Intelligence arm of Check Point, has published its 2021 Security Report. The report reveals the key attack vectors and techniques observed by CPR researchers as criminal, political and nation-state threat actors exploited the disruption caused by the COVID-19 pandemic to target organizations across all sectors.
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• World

Researchers find four simple fixes for 'Zoom fatigue' which can help make crisis videoconferencing more effective
Prompted by the recent boom in videoconferencing, Professor Jeremy Bailenson, founding director of the Stanford Virtual Human Interaction Lab (VHIL), examined the psychological consequences of spending hours per day on these platforms. The results provide some relevant information for when videoconferencing is used during incident response.
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• US / World

Pandemic crisis response is accelerating the move to ‘Everything-as-a-Service’ (XaaS) solutions
Deloitte has published the results of a survey which highlights how business continuity requirements have encouraged many organizations to speed up moves to ‘Everything-as-a-Service’ (XaaS) solutions.
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• World

New report looks at supply chain resilience and trends in the retail, pharmaceutical and consumer electronics sectors
Over half of companies lack end-to-end visibility into their supply chains leaving many vulnerable to unexpected risks according to a new Economist Intelligence Unit (EIU) research report commissioned by The Association for Supply Chain Management (ASCM).
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• US

RIMS survey shows a large increase in the uptake of integrated enterprise risk management programs
According to the recently published RIMS 2020 Enterprise Risk Management Survey 98 percent of responding organizations have a fully or partially integrated ERM program in place, up 26 percent from 2017.
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• World

COVID-19: researchers show that ozone is effective in disinfecting office spaces
Researchers from Tel Aviv University, Bar Ilan University, and Azrieli College have demonstrated that ozone can effectively be used to disinfect surfaces which have been contaminated with the COVID-19 virus, SARS-CoV-2.
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• Israel / World

The need for resilience is forcing organizations to become ‘Masters of Change’
As companies shift from reacting to the pandemic crisis, to reinventing what comes next, the boldest, most visionary leaders - those who use technology to master change - will define the future, says the 21st annual Accenture Technology Vision report.
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• World

Scientists develop self-healing concrete to protect buildings in seismic areas
Preparing regular concrete scientists replaced ordinary water with water concentrate of bacteria Bacillus cohnii, which survived in the pores of cement stone. The cured concrete was tested for compression until it cracked, then researchers observed how the bacteria fixed the gaps restoring the strength of the concrete.
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• World

ISO publishes new standard to help organizations assess climate change risks and impacts
ISO has released ISO 14091:2021 ‘Adaptation to climate change - Guidelines on vulnerability, impacts and risk assessment’. The new standard gives guidelines for assessing the risks related to the potential impacts of climate change.
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• World

Most organizations will encourage but not require employee COVID-19 vaccination: Gartner
A survey conducted in December 2020 and January 2021 has found that 71 percent of organizations plan to encourage employees to get vaccinated before returning to the workplace, but will not require it, according to Gartner.
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• World

Majority of UK organizations expect up to half their employees to keep working from home through 2021
When the first COVID-19 lockdown hit, many UK organizations rapidly ramped up home working as a business continuity strategy. A new survey report from Daisy Corporate Services has found that the majority expect to maintain this stance through 2021.
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• UK

UK manufacturers must step-up energy resilience planning says Siemens
All industries require access to reliable, uninterrupted power as well as robust dependable contingency measures to fall back on in the event of a failure. Yet despite the importance placed on maintaining the supply of energy, Siemens says UK manufacturers are failing to recognise the risks posed by critical ageing electrical energy assets.
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• UK

Report highlights how cybercriminals have shifted tactics in response to pandemic induced changes to working practices
Malwarebytes has announced the findings of its annual ‘State of Malware’ report. This highlights how cybercriminals ditched many of their old tactics in response to the global pandemic forcing many employees to quickly become a remote workforce.
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• World

NIST publishes guidance on cyber supply chain risk management
The US NIST has announced the publication of NISTIR 8276, ‘Key Practices in Cyber Supply Chain Risk Management (C-SCRM): Observations from Industry’. This aims to provide digital businesses with a set of Key Practices that can be used to manage cyber security risks associated with their supply chains.
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• US / World

87 percent of supply chain pros plan to invest in resilience within the next two years
A global Gartner survey of more than 1,300 supply chain professionals has found that 87 percent of respondents plan investments in supply chain resiliency within the next two years. The survey, conducted from September 2020 through November 2020, showed that even more supply chain professionals (89 percent) want to invest in agility.
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• World

Risks and benefits of 5G technology outlined in ISACA paper
A new white paper by ISACA, ‘5G Security: Addressing Risk and Threats of Mobile Network Technologies’, has been published which aims to help organizations understand the risks associated with the new technology.
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• US / World

Survey looks at IT cyber risk management trends
MetricStream has published the results of its global IT Risk and Compliance Survey, in which enterprise security and risk professionals from around the world were surveyed about their top IT cyber risk strategies and concerns.
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• World

BCI publishes its Emergency Communications Report 2021
The BCI has released the 6th edition of the BCI Emergency Communications Report. This annual publication, sponsored by F24 this year, provides insights into how organizations communicate in an emergency, the key communication challenges organizations face, and how technology is helping to assist in communications processes.
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• World

Experts horizon scan to help create a risk map of major emerging biosecurity threats
The results of a horizon scanning process facilitated by the Centre for Existential Risk (CSER) at the University of Cambridge and the BioRISC project at St Catharine's College have been published. A group of 41 academics and figures from industry and government submitted 450 possible questions (potential risk areas) which were then debated, voted on, and ranked to define the 80 most urgent.
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• UK / World

Global commercial insurance prices continue to increase rapidly
Global commercial insurance prices increased 22 percent in the fourth quarter of 2020, according to the Global Insurance Market Index released by Marsh. The increase, the largest since the index was launched in 2012, follows year-on-year average increases of 20 percent in the third quarter and 19 percent in the second quarter of 2020.
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• World

Aon survey report looks at how attitudes to risk and resilience have changed due to the COVID-19 pandemic
In a new report, 'Reprioritizing Risk and Resilience For a Post-COVID-19 Future', Aon has released the results of a global survey, finding that COVID-19 has shown that it will be imperative for businesses to reprioritise risk and to innovate and explore new risk management strategies.
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• World

Survey looks at short and long term Board and C-suite risk concerns
Board members and C-suite executives around the globe are most concerned in 2021 with risks associated with COVID-19-related government policies and regulations, economic conditions that may restrict growth, and market conditions that may continue to impact customer demand, according to a new survey from Protiviti and North Carolina State University.
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• World

How has the pandemic impacted cyber security? Threats increase but organizations keep pace
Siemplify has released new research on ‘The State of Remote Security Operations’. Based on a recent survey of nearly 400 security operations (SecOps) professionals, the report studies how the sudden shift to remote work during the COVID-19 pandemic has affected SecOps pros ability to perform their jobs and the impact on overall security postures.
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• World

CDDEP report highlights the growing threat of antimicrobial resistance
Despite the known link between antibiotic use and antimicrobial resistance (AMR), antibiotic consumption is likely to increase worldwide by 200 percent between 2015 and 2030 says a new report; increasing the very real threat that AMR presents.
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• World

UK businesses turning to AI for COVID-19 recovery, new research reveals
UK businesses are investing in artificial intelligence (AI) to help them adapt to and recover from the COVID-19 pandemic, new research from Fountech Solutions has found.
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• UK

Events Industry Council releases business continuity guide
The Events Industry Council (EIC) has published a guide to business continuity. The Business Continuity Accepted Practices Guide is the latest guide produced by EIC’s APEX COVID-19 Business Recovery Task Force.
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• World

Boards will increasingly establish a dedicated cyber security committee says Gartner
By 2025, 40 percent of boards of directors will have a dedicated cyber security committee overseen by a qualified board member, up from less than 10 percent today, according to Gartner, Inc.
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• World

Kaspersky researchers: every fifth victim of Sunburst was from manufacturing industry
The Sunburst backdoor attack, which was publicly announced on December 13th, 2020, is still keeping researchers on edge as they untangle the true scale and the interests of the actor behind this supply chain attack.
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• World

Crisis preparedness and risk management among APRA 2021 priorities
The Australian Prudential Regulation Authority (APRA) has released its policy and supervision priorities for the coming year. Consistent with APRA’s strategic objectives detailed in its Corporate Plan, a key focus is to further enhance the resilience and crisis readiness of Australia’s financial system.
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• Australia

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