This newsletter highlights all the feature articles published on Continuity Central during April 2022, as well as various resources.

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupmay2022.html

FEATURE ARTICLES

Considering robotic process automation to enhance your business resilience? Here are some key considerations
Robotic process automation can bring resilience advantages to mission critical IT and business processes but its introduction requires wider business planning. Here Ravi Dirckze looks at key considerations on the path to effective business automation.
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• World

What does the future hold for blockchain within third-party risk management?
Is risk and compliance one of the organizational areas that will benefit from the emergence of blockchain? Kevin Spiers looks at blockchain opportunities within third-party risk management and asks whether the reality lives up to the hype?
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• World

Why data backup and recovery need to be part of your zero trust security program
Zero trust is increasingly being accepted as part of a holistic cyber resilience strategy. Florian Malecki points out the importance of including backup and recovery within zero trust and highlights some issues to consider.
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World

Water risk modeling: a framework and guidance for the financial sector
A recent academic paper provides guidance for financial sector risk managers on the increasing threat created by water risks events. Written by Thomas Walker, Ph.D., Concordia University, Dieter Gramlich, Ph.D., DHBW Heidenheim, and Adele Dumont-Bergeron, Concordia University, the paper explains the emergence of water risks and looks at how they are expected to develop.
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World

Are high assurance software-defined wide area networks the way forward?
Paul German, CEO, Certes Networks, explains how high assurance SD-WAN uses crypto-segmentation to enable organizations in all sectors to exploit the benefits of SD-WAN, while ensuring data integrity and confidentiality.
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• World

Backups are a ransomware target and need protecting and intelligence
Analysts and hardware providers are preaching backup as the best way to recover from ransomware and it is the primary approach that many organizations are relying on for their cyber resiliency strategy. But backups are being targeted and need their own protective strategies says Index Engines.
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• World

RESEARCH, REPORTS & PUBLICATIONS

Quantum security becoming a commercial reality
At an event held in London on Tuesday 26th April, BT and Toshiba launched a trial of a world first commercial quantum secured metro network.
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• Europe / UK

UN Global Assessment Report shows that the annual number of disaster events is increasing
Human activity is contributing to an increasing number of disasters across the world, a new UN report warns. The number of disaster events is projected to reach 560 a year by 2030.
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• World

Global Resilience Federation consults on recently developed Operational Resilience Framework
The Global Resilience Federation (GRF) has released its Operational Resilience Framework for public comment. The framework is aligned with various NIST and ISO standards.
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• World

Gartner Survey highlights Q1 emerging risks
Gartner, Inc.’s latest Emerging Risks Report, which surveyed 330 senior executives in the first quarter of 2022, has highlighted what enterprises are seeing in the changing risk landscape.
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• World

Attackers turning to targeting cloud native environments: Kubernetes in the crosshairs
Aqua Security has published new research from its threat research team, Nautilus, that demonstrates attackers are finding new ways to target cloud native environments. The research shows that adversaries are adopting more sophisticated techniques leveraging multiple attack components, and shifting attention to Kubernetes and the software supply chain.
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• World

Organizational outages related to machine identities expected to see ‘sharp increase’ finds Venafi survey
Venafi has announced the findings of a global study of 1,000 CIOs, which shows that digital transformation is driving an average of 42 percent annual growth in the number of machine identities.
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• World

Threat landscape: fraud is an increasing organizational threat that needs to be managed
Cyber crime tops the list of current threats facing businesses, while emerging risks from ESG-reporting fraud, and platform fraud could impact businesses in the future, according to PwC’s Global Economic Crime and Fraud Survey 2022.
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• World

Significant gaps in ransomware readiness exist within most organizations finds survey
Zerto has announced the findings of a major new ransomware study, revealing that gaps in readiness are seriously impacting the ability of many organizations to manage and recover from attacks.
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• Various

Report identifies three threats that have grown due to remote and hybrid work arrangements
A new report released by KPMG in Canada finds that nearly half of North American executives say that working from home has negatively impacted the effectiveness of their organizational ‘triple threat defences’ – these being fraud prevention measures, compliance risk mitigation, and cyber security.
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• North America

2022 will be an active 2022 Atlantic hurricane season says Colorado State University forecast
Colorado State University (CSU) has issued its initial forecast for the 2022 Atlantic hurricane season, with predictions for an above normal season being made.
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• Various

Zero trust: how to beat adversaries at their own game
ISACA has released a new resource, ‘Zero Trust: How to Beat Adversaries at Their Own Game’, that provides a primer complete with tactics for organizations developing a zero trust approach.
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• US / World

Lessons from Quantum Dawn: the biennial US financial sector cyber security exercise
SIFMA has released a summary of key recommendations from its biennial Quantum Dawn cyber security exercise, which was conducted in November 2021.
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• US / World

The BCI Extreme Weather and Climate Change Report 2022
The BCI has released its Extreme Weather and Climate Change Report 2022, sponsored by the UK National Grid. This report examines the impact of severe weather events and climate risks on organizations, as well as the drivers and barriers towards responding to these risks.
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World

Extreme flood events once again drive high losses in 2021: Swiss Re Institute reveals
Natural catastrophes in 2021 resulted in a total global economic loss of USD 270 billion and insured losses of USD 111 billion, according to Swiss Re Institute. This continues the long-term trend of insured losses increasing by an average of 5-7 percent annually worldwide.
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World

76 percent of organizations suffered downtime and data loss in 2021
Acronis has released its annual Cyber Protection Week Global Report 2022. The report surveyed over 6,200 IT users and IT managers from small businesses to enterprises across 22 countries.
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• World

Many EMEA based organizations are ignoring insider threats
Insider threats caused the majority (59 percent) of EMEA data security incidents in the last 12 months, yet 70 percent of organizations in the region don't have a strategy for this risk area, according to a new survey based report by Forrester.
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• Various

UK government publishes annual Cyber Security Breaches Survey
The Cyber Security Breaches Survey is a long-running research study looking at UK cyber resilience and published by the UK government.
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• World

New study puts ransomware threats and impacts in context
OwnBackup has announced the findings of a global survey conducted by Enterprise Strategy Group (ESG) that reveals that 79 percent of respondent organizations have been targeted by ransomware within the past 12 months. Of those nearly three quarters said the attack was successful, meaning that it disrupted business operations.
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• World

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