Organisations continue to face a growing number of natural and man-made disruptions, in an environment where an incident can quickly escalate into a crisis.
Tackling this issue, The Ultimate Business Continuity Success Guide demonstrates how cutting-edge preparation techniques and tools can “make your business unbreakable while increasing revenue and reducing your expenses”.
Organisations with business continuity arrangements are eight times more likely to report greater supply chain visibility, twice more likely to insure for supply chain losses, and three times more likely to display top management commitment. This is according to a report published today by the Business Continuity Institute and Zurich Insurance Group.
The Business Continuity Institute has published its highly anticipated Good Practice Guidelines 2018 edition. Its arrival coincides with the first day of the annual BCI World Conference and Exhibition, which kicks off in West London this morning.
The 20th Anniversary Business Continuity Awards, celebrating achievements in business continuity, security and resilience, are open for entries. These annual Awards are the most anticipated event in the business continuity calendar and provide unrivalled networking, alongside a night of entertainment and celebration.
Back in February, the Ministry of Justice unveiled a dramatic cut to the discount rate used to calculate lump-sum personal injury compensation from 2.5% to minus 0.75%, following a review of the Ogden tables. The unexpected change took effect from March and was the source of widespread concern across the industry, and began a narrative that included the British Insurance Brokers’ Association calling for urgent changes in the law used to set the rate.
As an ex-police officer, I am acutely aware of the importance of definitions in the pursuit of clarity. In law, definitions and their subsequent points to prove enable law enforcement officers to ensure that people do not get prosecuted unless their activities have met a certain criterion. Inconsistent terminology can lead to confusion, and the same is the case in organisational resilience.
New research suggests confidence in disaster recovery plans among UK companies has fallen for a second consecutive year, due to factors including lack of testing, budgetary constraints and the growing cyber threat. These are the findings Databarracks' seventh Data Health Check report, released today. The survey questioned over 400 IT decision makers in the UK about their IT, security and continuity practices over the last year, and what they expect to change in the next 12 months.
Have you mastered the art of beekeeping, guitar and quilting? Then why not try blockchain. Despite the wide variety of general interest topics for which the Dummies series may be best known, the vast collection of ‘how to’ guides boast numerous titles providing in depth analysis on a variety of business topics – including a few for risk professionals. As some readers will know, along with the Cabinet Office and the Business Continuity Institute, CIR was consulted in the preparation for the series’ Business Continuity guide. Now, the beloved brand has turned its attention to blockchain.
The BCI launched its annual Cyber Resilience Report earlier this month, once again highlighting the global increase in cyber vulnerabilities. The top three risks were found to be phishing, malware and social engineering, with new entrant ransomware only just making the top five. But will new legislation like the GDPR, state of the art anti-hacking software or staff security awareness training stop all future attacks? Not on their own.
Disaster recovery and business continuity services company, Databarracks has announced the appointment of Mike Osborne, former managing director of business continuity at Daisy Group, as new chairman. In this role, Osborne will work with the senior management, with a remit focused on driving business growth as well as helping to expand and broaden the firm’s existing recovery and business continuity service offerings.
The United Nations Office for Disaster Risk Reduction (UNISDR) has claimed that climate change is greatly increasing the likelihood of devastating wildfires, such as the one that caused such devastation across Portugal last weekend but is now reported to be under control.
Many organisations do not devote enough attention to mission-critical applications when creating disaster recovery plans, and a new report has concluded that one of the biggest reasons is the ‘resiliency perception gap’ - the gap between executives’ perceptions of the effectiveness of their resiliency strategies and how successful these plans actually are at protecting against application outages or downtime.
Aviation insurers have launched a model contract continuation clause to ensure policies remain in place after Britain leaves the European Union. The wording has been published by the Aviation Insurance Clauses Group (AICG), a group established in 2005 by the International Underwriting Association of London and the Lloyd’s Market Association.
The Business Continuity Awards winners were revealed last night at a Gala Dinner and Ceremony held in London's Mayfair. This year's Lifetime Achievement award was presented to Mike Osborne; the Business Continuity Manager of the Year, Sean Deadman of Barclays; and Best Contribution to Sungard Availability Services. More...
A salary benchmarking study conducted by the Business Continuity Institute points to a considerable gender pay gap within the business continuity industry. The institute's study of over 1,000 business continuity and resilience professionals sought to discover the remuneration packages that those in the industry receive, including salary, bonus and other benefits. The report provides deep dives into regional specifics for Australasia, Europe, the US and the UK.