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Singapore organizations are unprepared for cyber attacks

Singapore organizations are unprepared for cyber attacks

News   •   Jul 28, 2017 09:00 BST

While the majority of organizations in Singapore believe that cyber security is important and seek guidance from IT security experts, almost all (91%) of them are still at the early stages of security preparedness, according to a survey conducted by Quann and IDC.

The risks of climate and natural disaster related disruption to the electric grid

The risks of climate and natural disaster related disruption to the electric grid

News   •   Jul 27, 2017 14:00 BST

The electric grid is one of the most critical infrastructure systems for modern life, but it is also one of the most vulnerable, yet recent graduates of the Johns Hopkins University School of Advanced International Studies (SAIS) supported by Swiss Re have released a study that examines how extreme weather and other natural disasters are evolving in the Pacific Northwest.

The threat of ransomware is escalating

The threat of ransomware is escalating

News   •   Jul 27, 2017 09:25 BST

Ransomware has soared since 2012, with criminals lured by the promise of profit and ease of implementation. The threat continues to evolve, becoming stealthier and more destructive, increasingly targeting organizations more than individuals because the potential returns are much higher.

ClearView Continuity become a platinum sponsor of the BCI Netherlands and Belgium Conference

ClearView Continuity become a platinum sponsor of the BCI Netherlands and Belgium Conference

News   •   Jul 26, 2017 09:15 BST

The Business Continuity Institute is delighted that ClearView Continuity, a global leader in business continuity management software, with international clients in all sectors and in all regions, is to be a platinum sponsor of the BCI Netherlands and Belgium Conference at Miele Nederland B.V. in Vianen on the 12th September.

Recognising the best of business continuity across Asia

Recognising the best of business continuity across Asia

News   •   Jul 26, 2017 09:00 BST

The Business Continuity Institute is pleased to announce the winners of its annual Asia Awards, a recognition of the individuals and organizations who have excelled in the field of business continuity and resilience throughout the year.

Cyber threats rapidly evolving and increasing in magnitude

Cyber threats rapidly evolving and increasing in magnitude

News   •   Jul 25, 2017 09:21 BST

The Internet of Things continues to offer new opportunities for cyber criminals, and its security weaknesses, ripe for exploitation, will play a central role in enabling these campaigns with escalating impact, warns Cisco in its latest Midyear Cyber Security Report.

Global economy suffers natural disaster losses totaling $53 billion during the first half of 2017

Global economy suffers natural disaster losses totaling $53 billion during the first half of 2017

News   •   Jul 24, 2017 12:20 BST

Global economic losses resulting from natural disasters during the first half of 2017 were estimated at US$53 billion – 56% lower than the 10-year average of US$122 billion, and 39% lower than the 17-year average of US$87 billion. This is according to ​Aon Benfield's ​Global Catastrophe Recap: First Half of 2017 Report.

Employees regarded as an organization's greatest asset but also one of the biggest data security risks

Employees regarded as an organization's greatest asset but also one of the biggest data security risks

News   •   Jul 24, 2017 09:10 BST

IT professionals believe that compliance and regulation and the unpredictable behaviour of employees will have the biggest impact on data security, according to a survey commissioned by HANDD Business Solutions.

Earthquake strikes in the Aegean Sea between Greece and Turkey

Earthquake strikes in the Aegean Sea between Greece and Turkey

News   •   Jul 21, 2017 10:03 BST

An earthquake reaching a magnitude of 6.7 on the Richter Scale has hit the Aegean Sea between the Greek island of Kos and the Turkish resort of Bodrum. The earthquake, with its epicentre at a depth of about 10k according to the US Geological Survey, struck at 01:31 local time on Friday, and has killed two people and left hundreds of others injured.

Canada lagging in risk management approach when compared to global counterparts

Canada lagging in risk management approach when compared to global counterparts

News   •   Jul 20, 2017 17:02 BST

Canadian businesses are lagging in their risk management approach and are more vulnerable to disruption when compared to their global counterparts, according to a report published by ​PwC Canada.

Cost of no Brexit deal will be “widespread, damaging and pervasive”

Cost of no Brexit deal will be “widespread, damaging and pervasive”

News   •   Jul 20, 2017 12:57 BST

​The consequences of the UK failing to reach a deal with the EU will be “widespread, damaging and pervasive” according to a report by The UK in a Changing Europe.

UK business leaders less aware of digital risks than European counterparts

UK business leaders less aware of digital risks than European counterparts

News   •   Jul 20, 2017 09:21 BST

UK business leaders identify far fewer risks affecting their businesses, when compared to Germany and France, according to research from the Gowling​ WLG, suggesting an overly optimistic picture among UK business leaders. UK respondents consistently identified between 2% and 25% less than non-UK respondents for each risk area analysed.

Daisy become a platinum sponsor of the BCI World Conference and Exhibition

Daisy become a platinum sponsor of the BCI World Conference and Exhibition

News   •   Jul 19, 2017 12:12 BST

The Business Continuity Institute is delighted that Daisy Group, a leading UK business continuity, business communications and IT service provider, is to be a platinum sponsor of the BCI World Conference and Exhibition at the Novotel London West Hotel on the 7th and 8th November.

Less than half of global executives believe GDPR compliance is relevant to their business

Less than half of global executives believe GDPR compliance is relevant to their business

News   •   Jul 19, 2017 09:12 BST

One in eight global business decision makers believe that poor information security is the ‘single greatest risk’ to the business, according to a study by NTT Security, which also found that 57% believe a data breach to be inevitable at some point.

One in four hide cyber security incidents from their employers

One in four hide cyber security incidents from their employers

News   •   Jul 18, 2017 17:03 BST

Employees at 40% of businesses across the globe hide IT security incidents in order to avoid punishment, according to a study conducted by Kapersky Lab, and the dishonesty is most challenging for larger-sized businesses. 45% of enterprises (over 1,000 employees) experience employees hiding cyber security incidents, with 42% of SMBs (50 to 999 employees), and only 29% of VSBs (under 49 employees).

Businesses over confident about keeping hackers at bay

Businesses over confident about keeping hackers at bay

News   •   Jul 18, 2017 09:01 BST

Despite the increasing number of data breaches and nearly 1.4 billion data records being lost or stolen in 2016, the vast majority of IT professionals still believe perimeter security is effective at keeping unauthorised users out of their networks, according to a study by Gemalto.

Nearly a third of travel managers are unsure how long it would take to locate employees in a crisis

Nearly a third of travel managers are unsure how long it would take to locate employees in a crisis

News   •   Jul 17, 2017 17:06 BST

3 in 10 (29%) travel managers report they do not know how long it would take to locate affected employees in a crisis, according to a new study by the GBTA Foundation, the research and education arm of the Global Business Travel Association, in partnership with Concur.

Extreme cyber attack could cost as much as Superstorm Sandy

Extreme cyber attack could cost as much as Superstorm Sandy

News   •   Jul 17, 2017 12:42 BST

A major global cyber attack has the potential to trigger $53 billion of economic losses, roughly the equivalent to a catastrophic natural disaster like 2012’s Superstorm Sandy, according to a scenario described in new research by Lloyd’s and Cyence.

A third of security professionals under-prepared to defend against cyber threats

A third of security professionals under-prepared to defend against cyber threats

News   •   Jul 14, 2017 11:36 BST

One in three (32%) security professionals lack effective intelligence to detect and action cyber threats, according to a new study from Anomali, which also revealed that almost a quarter (24%) believe they are at least one year behind the average threat actor. Half of this sample admitted they are trailing by two to five years.

Organizations leaving themselves vulnerable to data breaches by former employees

Organizations leaving themselves vulnerable to data breaches by former employees

News   •   Jul 13, 2017 15:43 BST

​A large proportion of businesses fail to adequately protect their networks from the potential threat posed by ex-employees, with IT decision makers surveyed as part of a study by OneLogin claiming that over half (58%) of former employees can still access the corporate network. The study also found that nearly a quarter (24%) of UK businesses have experienced data breaches by ex-employees.