This newsletter highlights all the feature articles published on Continuity Central during February 2023, as well as various resources.

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupmar2023.html

FEATURE ARTICLES

Battery shortages: the emerging crisis and what your organization can do about it
As the demand for - and reliance on - battery-powered technologies increases, a further supply chain crisis is developing. Alex Stapleton explains why organizations need to expect and prepare for a shortage of batteries.
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• World

Developing a successful cyber resilience framework
Cyber resilience brings the areas of information security, business continuity, and organizational resilience together says Alberto G. Alexander, Ph. D. In this article he presents the elements of a successful cyber resilience strategy and highlights the components of a cyber resilience framework.
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• World

Three tips to stay on top of the endpoint security burden
Today, organizations are managing an ever-increasing number of connected devices to accommodate the new requirements posed by hybrid working and the growth of IoT. Ken Galvin offers three tips for ways to make endpoint security management more effective.
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• World

Four cyber attack trends that mustn’t slip under your radar
The cyber threat landscape is very fluid, with cybercriminals constantly adjusting tactics to stay ahead of organizations. Commoditisation is also making cybercrime easier through the use of toolkits. Here, Dave Prezzano highlights four attack trends to be aware of...
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• World

Intelligent Process Automation and Business Continuity: Areas for Future Research
A new open-access academic paper from researchers at the Instituto Universitário de Lisboa looks at robotic process automation and intelligent process automation in relation to business continuity management.
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• Europe / World

ISO 22361:2022 - Crisis Management Guidelines: a closer look
In November 2022 ISO released a new guidance standard, ISO 22361:2022, to provide a structured approach to crisis management. In this article Hilary Estall MBCI, IRCA BCMS Principal Auditor reviews ISO 22361 and picks out the key points.
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• World

RESEARCH, REPORTS, AND GUIDANCE

Report confirms that cyber risks are high on the c-suite's agenda
Mimecast has announced the publication of its annual ‘The State of Email Security 2023’ (SOES) report. The global survey is based on responses from 1,700 IT and security decision-makers.
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• World

New Marsh McLennan report looks at ways to improve flood resilience
Marsh McLennan has published ‘Staying Above Water: A Systemic Response to Rising Flood Risk’, a new report exploring systemic responses to rising flood risk, which is putting flood risk management under strain.
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• World

How do renewables affect the risk posed to the energy grid from solar storms and similar events?
University of Oklahoma researcher Paul Moses, Ph.D., has received an award from the National Science Foundation to better understand how chaotic grid disturbances from events like solar storms impact energy infrastructure.
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• World

New Institute of Risk Management report looks at risk trends in various sectors and regions
The Institute of Risk Management (IRM) has published IRM Risk Trends 2023, a new report that looks at the changing risk landscape impacting enterprise risk managers around the world.
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• World

New report looks at the challenges of navigating geopolitical risks
Airmic and the Chartered Institute of Internal Auditors have released a new joint report, ‘Navigating geopolitical risk: Building resilience demands collaboration in a challenging world.’
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• UK / World

ERM teams need to embrace ‘Enterprise third-party risk management’
Enterprise risk management teams are struggling to effectively mitigate third-party risk in an increasingly interconnected business environment, according to a Gartner survey of 100 executive risk committee members in September 2022.
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• World

Four specific cyber threats related to blockchain use and how to manage them
An article published by World Economic Forum says that while ‘blockchain will be key to embracing the Fourth Industrial Revolution’, organizations must be wary of associated cyber threats.
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• World

BCI publishes the Emergency & Crisis Communications Report 2023
The BCI has released the 2023 edition of its annual Emergency & Crisis Communications Report. Sponsored by F24, the report seeks to help organizations benchmark their tools, plans and procedures.
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• World

Incorporating Risk Management in Agile Projects
Many enterprises are expanding the use of Agile methodologies, expanding Agile out into business, technology, and process-related projects. ISACA has released a detailed white paper which looks at the implications for risk management. The white paper also provides guidance for conducting risk assessment in an Agile context.
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• World

Three quarters of vulnerabilities currently exploited by ransomware groups were discovered before 2020
The importance of a strong patch management strategy has been highlighted by a new report which shows that the majority of vulnerabilities used by ransomware actors have been known about for years.
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• World

NCSC publishes supply chain mapping guidance to assist with resilience
The UK National Cyber Security Centre (NCSC) has released guidance on ‘Mapping your supply chain’. This is aimed at medium to large organizations who need to gain confidence in their supply chain resilience.
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• UK

Digital risks continue to increase in importance
FTI Consulting, Inc., has announced findings from a study of digital insights and risk management trends, which show that digital risks are rapidly surpassing other areas of corporate risk as the primary business concern.
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• World

KPMG Regulatory Barometer: operational resilience pressures on UK and EU financial services increase
KPMG UK has released the second edition of its Regulatory Barometer, providing a biannual measure of the regulatory pressure UK and EU financial services firms face.
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• UK / Europe

Report highlights and quantifies the impacts of email-borne security attacks
Barracuda Networks has published its 2023 Email Security Trends report that shows how email-based security attacks affect organizations around the world.
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• Various

Attacks on cloud-based networks ‘skyrocket’ in 2022
Check Point Research (CPR) has published its 2023 Security Report reflecting on ‘a tumultuous 2022, which saw cyber attacks reach an all-time high in response to the Russo-Ukrainian war’.
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• World

New research shows that BEC attacks have grown by 175 percent over two years
Abnormal Security has released its H1 2023 Email Threat Report, which examines recent developments in the email threat environment and focuses on the growing risk employees pose to an organization’s cyber security.
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• World

Researchers work on new CREST (Cyber-REsilience for SubsTations) technology
Substations are a relatively weak link in power supply networks; now a new research project is working on developing a way to detect, mitigate, and recover from substation cyber attacks.
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• US

European Supervisory Authorities brief organizations on DORA
On 6th February 2023, the three European Supervisory Authorities (EBA, EIOPA and ESMA) held a joint public technical discussion about the Digital Operational Resilience Act (DORA).
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• Europe

Ransomware attacks dip in 2022 finds Annual Threat Monitor Report
The 2022 Annual Threat Monitor Report from NCC Group highlights a 5 percent decrease in ransomware attacks between January – December 2022.
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• World

New Worldwide Freeze Map to support climate resilience
FM Global has launched its new Worldwide Freeze Map, providing information to allow businesses to more effectively assess and address their specific climate risk profile.
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• World

Resilience First releases new report: ‘Whole of Society Resilience: Steps to Success’
A new report on steps needed to achieve whole of society resilience has been produced by Resilience First in collaboration with PA Consulting.
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• UK / World

New study shows that companies are struggling with mobile device management
Businesses are reevaluating how they manage devices, applications, and data across a sprawling mobile landscape, according to a new Vanson Bourne report commissioned by Tangoe.
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• World

Malicious Risk Report highlights a range of threats to organizational resilience
‘Grassroot movements’, strikes, and civil commotion are risks that every business must consider, warns CHC Global, as they will likely disrupt businesses and affect organizational resilience throughout 2023.
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• World

2023 Compliance Trends Report highlights the business impacts of non-compliance
Drata has published results from its inaugural 2023 Compliance Trends Report, highlighting common pain points, objectives, and opportunities with security and IT compliance programs.
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• US

Global political risk at highest level in five years
In a new analysis, Verisk Maplecroft has overviewed the current state of political risk around the world, concluding that it is at its highest level in five years, with no sign of improvement.
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• World

Gartner highlights the struggle that the majority of companies are having with managing supply chain resilience
95 percent of companies will remain locked into an outdated model that will prevent them from achieving ‘end-to-end resiliency’ (E2E resiliency) in their supply chains by 2026, according to Gartner, Inc.
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• World

Cloud Security Outlook 2023 confirms the ‘continued surge in cloud adoption’ but highlights associated security and resilience issues
ManageEngine has announced results from its new study, Cloud Security Outlook 2023.
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• World

Study identifies numerous pain points as organizations seek to manage application connectivity security and risk
The Cloud Security Alliance (CSA) has released a new report ‘Deconstructing Application Connectivity Challenges in a Complex Cloud Environment’.
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• World

CALL FOR PAPERS

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