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

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupnov2021.html

FEATURE ARTICLES

Eliminating weak links in the chain of high availability
This article by Dave Bermingham will dig beneath the surface of application high availability, looking at the cloud servers, storage, network, and other related infrastructure components to help readers identify and eliminate weak links in the chain that ensures high availability.
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• US / World

The future of incident and crisis management rooms in a hybrid working world
With many organizations adopting hybrid working, it is becoming more likely that future incidents will be managed by a combination of people in the office and those at home, using a video conferencing system. Charlie Maclean-Bristol discusses issues arising from this.
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• UK / World

Dealing with geopolitical risk
The Risk Coalition has released best practice guidance for company boards and risk functions on responding to geopolitical risk and the diverse range of ways it can impact business performance. In this article Derek Leatherdale, Managing Director, GRI Strategies Ltd, explores the growing issue of geopolitical risk and how the new guidance can help.
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• World

Tips for improving your approach to business continuity exercises
For many organizations, a business continuity exercise is seen as a necessary evil rather than something that is regularly embraced as way of improving your team’s capabilities. Here, Andy Osborne offers three tips for improving your BC exercising strategy.
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• World

Hacking DLP: how we can manage data loss when everyone is WFH
Working from home has brought many benefits to organizations but has also presented significant challenges for IT teams. Tim Bandos explores how WFH has impacted data loss prevention and how organizations can improve in this area.
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• UK / World

Why cyber security and regulatory compliance are one and the same
Cyber security and regulatory compliance have long been considered two largely separate issues, but the time has come to break them out of their silos and manage them together. This approach brings many advantages says Maciej Dziergwa.
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• UK / World

The business continuity plan of the future
What information should the business continuity plan of the future contain? Nick Simms considers how business continuity plans need to change in the light of COVID-19 and the widespread ability to work from home.
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• UK / World

RESEARCH, REPORTS & PUBLICATIONS

Survey highlights long recovery times associated with ransomware
Osirium Technologies plc has shared findings from the latest Osirium Ransomware Index which highlights that ransomware recoveries are taking a week or more in many impacted organizations. Across the 1001 UK IT managers surveyed, 39 percent estimated it would take a week for their business to recover from an attack – with 47 percent admitting it could take a month or more.
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• UK

Perfect storm of cyber security risks threatens the hybrid workplace says report
HP Inc. has released its latest HP Wolf Security report: ‘Out of Sight & Out of Mind’, a comprehensive global study highlighting how the rise of hybrid work is changing user behavior / behaviour and creating new cyber security challenges for IT departments.
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• US / World

IOSCO outsourcing principles updated to ensure operational resilience
The Board of the International Organization of Securities Commissions (IOSCO) has published a set of updated outsourcing principles for regulated entities that outsource tasks to service providers.
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• World

Long-tail risks have become an important part of the risk landscape: Aon survey
Aon has published the results of its 2021 Global Risk Management Survey, which gathers input from thousands of risk managers across 60 countries and 16 industries every two years to identify key risks and challenges their organizations are facing.
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• World

DNS attacks are having significant impacts on many organizations
Domain name system (DNS) attacks are impacting organizations at ‘worrisome rates’, according to a new survey from the Neustar International Security Council (NISC).
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• World

Threat of new ransomware models is the top emerging risk facing organizations: Gartner
The threat of ‘new ransomware models’ was the top concern facing executives in the third quarter of 2021, according to Gartner, Inc.’s latest Emerging Risks Monitor Report.
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• World

Many companies have a false sense of security when it comes to supply chain cyber attacks
Acronis has released its annual Cyber Readiness Report, providing an overview of the current cyber security landscape and the key pain points faced by businesses and remote employees worldwide amid the global pandemic.
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• World

2021 State of Ransomware Preparedness research report highlights widespread cyber security hygiene deficiencies
Axio has released its 2021 State of Ransomware Preparedness research report. The report reveals that many organizations are not equipped to defend against ransomware due to deficiencies in implementing and sustaining basic cyber security practices.
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• US / World

ISACA publishes guidance on draft EU Digital Operational Resilience Act
The European Union’s draft Digital Operational Resilience Act (DORA) is designed to provide digital operational resilience rules for EU financial institutions and ISACA has released new guidance to help organizations prepare for its implementation.
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• Europe

New guide: ‘Cyber Response Builder’ aims to help organizations build cyber resilience capabilities
Castellan Solutions has released new guidance to assist organizations develop an effective response capability as part of a holistic cyber resilience approach.
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• World

75 percent of organizations are currently re-evaluating security strategies
A report released by Menlo Security highlights growing concerns about securing users as the trend for hybrid and remote working is set to remain. The new report, ‘Securing the new workplace reality’, presents the results of a survey of 545 IT decision makers in the US and the UK, including a third at C-level.
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• US / UK

Third-party cyber risks are a ‘glaring blind spot’ finds PwC survey
A majority of companies don’t have a handle on their third-party cyber risks – risks obscured by the complexity of their business relationships and vendor/supplier networks. This is a key finding of the PwC 2022 Global Digital Trust Insights Survey.
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• World

Organizations are turning to artificial intelligence for network and cloud availability management
Businesses are embracing artificial intelligence (AI) technologies to improve network performance and security, according to a new 'State of AIOps Study', conducted by ZK Research and Masergy.
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• World

High levels of data loss due to inadequate backup procedures identified: survey
Apricorn has published the results of a poll exploring data backup and recovery processes. More than 50 percent of respondents noted that they have experienced a loss of data as a result of not backing up, or a failed backup.
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• World

New BCI report shows that the role of business continuity and resilience professionals is becoming more strategic
The BCI has released its latest report, ‘The Future of Business Continuity & Resilience Report 2021’. The report says that the recent spotlight shone on business continuity and resilience has seen professionals’ roles more respected and appreciated by senior management.
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• World

One in five companies report falling victim to ransomware attacks
Hornetsecurity has released the results of a global study of IT professionals on their preparedness for ransomware attacks. Survey data showed that many organizations lack proper protection and prevention measures.
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• World

Saudi Arabia Digital Government Authority releases business continuity guidance
The Saudi Arabia Digital Government Authority has published a new business continuity guidance document aimed at government agencies in the country.
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• Middle East

High levels of unstructured data growth combined with a lack of visibility is increasing threats to organizational data
Egnyte has released its 2021 Data Governance Trends Report. The report is based on a survey of 400 IT executives conducted in July 2021, examining the challenges of securing and governing unstructured content in today’s hybrid and remote work environments.
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• World

AIRMIC releases new introductory guide to risk appetite
Airmic has published a new guide in its series of popular EXPLAINED guides. ‘Risk Appetite: The facts, the myths, and the links with culture, maturity and sustainability’ aims to provide guidance for learning and development at an introductory level.
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• UK / World

C-Suite has greater willingness to invest in risk and resilience due to pandemic experiences
New research by Aon finds that the pandemic exposed new organizational vulnerabilities, driving C-Suite willingness to invest in preparation for other long-tail risks. This was one of the key results in a new survey-based report, ‘A New Approach to Volatility: The Importance of Making Better Decisions’.
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• Various

Organizations need to better manage backup data to ensure effective ransomware incident response
Government agencies such as the US Federal Bureau of Investigation (FBI), the United Kingdom’s National Cyber Security Centre (NCSC), and US Cybersecurity and Infrastructure Security Agency (CISA) continue to issue warnings on ransomware as attacks increase.
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• World

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