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Latest news

Businesses need to prepare for full costs of cyber attacks

Businesses need to prepare for full costs of cyber attacks

News   •   Jul 03, 2017 17:04 BST

​As businesses increasingly become the target of sophisticated hacking attacks, there is a greater need for them to properly prepare themselves or face a hefty bill, including ‘slow burn’ costs such as reputational damage, litigation and loss of competitive edge.

SMEs more afraid of cyber crime than Brexit

SMEs more afraid of cyber crime than Brexit

News   •   Jul 03, 2017 09:07 BST

UK SMEs now invest £2.9bn annually on cyber security experts to help them stay ahead of the latest threats. This equates to an average figure of £1,600 per business, with many larger SMEs spending ten times more. This is an increase of 43% over the last five years, and is expected to increase again over the next year by 32%.

Accessing skills in a post-Brexit world

Accessing skills in a post-Brexit world

News   •   Jun 30, 2017 15:30 BST

More than three-quarters (76%) of manufacturers in the UK employ at least one EU national in their business, while EU nationals make up 11% of the manufacturing workforce on average. This is according to a report published the EEF, which highlights the issues that manufacturers will have, and perhaps many other sectors, when seeking appropriately skilled workers in a post-Brexit world.

Recent attacks are broadening UK insurers' views of commercial risks from terrorism

Recent attacks are broadening UK insurers' views of commercial risks from terrorism

Blog posts   •   Jun 30, 2017 08:30 BST

​The nature and effects of the recent terrorist attacks in London and Manchester are broadening the industry's understanding of terrorism insurance, and could result in a permanent shift away from policies based on damage to property.

Only half of local authorities are prepared for a cyber attack

Only half of local authorities are prepared for a cyber attack

News   •   Jun 29, 2017 16:26 BST

​Local authorities in the UK perceive themselves to be vulnerable in the face of cyber attacks, particularly in the wake of the recent ransomware attack on the NHS, with just over half (53%) of local authorities claiming they are prepared to deal with a cyber attack, according to a new study carried out by ​PwC.

Business continuity a key factor in the relocation of UK-based EU agencies

Business continuity a key factor in the relocation of UK-based EU agencies

News   •   Jun 29, 2017 10:13 BST

A consequence of Brexit is that two European Union agencies currently hosted by the United Kingdom will need to be relocated elsewhere in the EU once the UK is no longer a member. In the next few years, both the European Medicines Agency (EMA) and the European Banking Authority (EBA) will need to find a new home, with 27 countries all vying for the privilege.

Collaboration in the resilience community

Collaboration in the resilience community

Blog posts   •   Jun 28, 2017 17:17 BST

​We have just published the latest version of our Cyber Resilience Report and one of the conclusions of the report was that business continuity professionals need to collaborate more with their cyber/information security colleagues. The report noted that if expertise and resources are pooled then resilience can be built in a much more coordinated way. That seems eminently sensible.

Consumer awareness of ransomware on the increase

Consumer awareness of ransomware on the increase

News   •   Jun 28, 2017 10:28 BST

​Despite ransomware being around for many years, with several high profile organizations suffering the consequences of such an attack, 57% of respondents to a survey carried out by ​Carbon Black said that WannaCry was their first exposure to how ransomware works.

New ransomware attack spreading rapidly across the world

New ransomware attack spreading rapidly across the world

News   •   Jun 27, 2017 16:48 BST

​On the day that the ​Business Continuity Institute launched its latest ​Cyber Resilience Report, the importance of ensuring our organizations are prepared for a cyber security incident has once again been demonstrated as a new ransomware attack is causing turmoil across the world.

Stronger cyber resilience culture needed to combat the digital threat

Stronger cyber resilience culture needed to combat the digital threat

News   •   Jun 27, 2017 10:41 BST

With phishing and social engineering maintaining their position as the top driver of cyber disruptions, there is a need for a stronger cyber resilience culture across organizations, and a focus on the human aspects of the threat. This is one of the key findings of the ​Cyber Resilience Report, published today by the ​Business Continuity Institute.

Last chance to attend BCI World at the early bird rate

Last chance to attend BCI World at the early bird rate

News   •   Jun 26, 2017 17:05 BST

There are only a few days left to book your ticket at the early bird rate for the premier event in the business continuity calendar in the UK - ​The BCI World Conference. BCI World is an absolute must-attend event for any business continuity professional, anyone in the wider resilience community, or anyone who has responsibility for business continuity within their organization.

Sustained and determined cyber attack on UK Parliament

Sustained and determined cyber attack on UK Parliament

News   •   Jun 26, 2017 09:51 BST

​​Building resilience by improving cyber security, published by the ​Business Continuity Institute during Business Continuity Awareness Week, revealed that users are often choosing weak passwords and so leaving their IT networks vulnerable, and this vulnerability has now been realised at the UK Houses of Parliament.

Poor IT habits putting small businesses at risk

Poor IT habits putting small businesses at risk

News   •   Jun 23, 2017 10:18 BST

​One in ten small business owners and employees are regularly putting the security of their data at risk by sharing confidential files on personal devices, or sending documents to personal rather than work emails. This demonstrates a significant lapse in data security among the UK’s five million plus small businesses.

Cyber criminals exploiting human weakness to make their gains

Cyber criminals exploiting human weakness to make their gains

News   •   Jun 22, 2017 16:49 BST

Cyber attackers are relying more than ever on exploiting people instead of software flaws, as a study by ​Proofpoint has found that more than 90% of malicious email messages featuring nefarious URLs led users to credential phishing pages, and almost all (99%) email-based financial fraud attacks relied on human clicks rather than automated exploits to install malware.

Climate change will increase fire risk

Climate change will increase fire risk

News   •   Jun 22, 2017 09:32 BST

The United Nations Office for Disaster Risk Reduction has claimed that climate change is greatly increasing the likelihood of devastating wildfires, such as the one that burned its way across Portugal last weekend but is now reported to be under control.

Another step closer to Brexit

Another step closer to Brexit

Blog posts   •   Jun 21, 2017 16:13 BST

​Almost a year to the day since the referendum took place that will ultimately lead to the United Kingdom exiting the European Union, the negotiations have finally begun on how this divorce will take place and what future relationship will exist between the two.

Cost of data breaches declining globally

Cost of data breaches declining globally

News   •   Jun 21, 2017 12:53 BST

The average cost of a data breach is $3.62 million globally, a 10% decrease from the 2016 results, according to IBM's latest Cost of Data Breach Study, conducted in collaboration with the Ponemon Institute. This is the first time since the global study was created that there has been an overall decrease in the cost. On average, these data breaches cost companies $141 per lost or stolen record.

Understanding the legal obligations behind business continuity

Understanding the legal obligations behind business continuity

News   •   Jun 21, 2017 09:14 BST

​Why do we have business continuity management programmes? Is it because we want to make sure our organizations have the capability to respond to a disruption? Probably yes! It is common sense that we would want to be prepared for any future crisis.

Unforeseen technical fault forces Tesco to cancel home deliveries

Unforeseen technical fault forces Tesco to cancel home deliveries

News   •   Jun 20, 2017 15:45 BST

It may not be have been as disruptive or anywhere near as costly as the ​IT outage that affected BA just a few weeks ago, but many people are still suffering the consequences of an "unforeseen technical fault" that caused Tesco, the world's third most profitable retailer, to cancel a large number of its home deliveries in the UK.

​Preparing for Brexit with ISO 22316

​Preparing for Brexit with ISO 22316

Blog posts   •   Jun 20, 2017 11:14 BST

As the UK prepares to exit the European Union, John Robinson considers whether the organisational resilience Standard can help companies manage the potential fall-out.