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Organizations need to do more to ensure GDPR compliance

Organizations need to do more to ensure GDPR compliance

News   •   Jan 31, 2017 13:27 GMT

Organizations need to do more work to ensure compliance with the European Union's General Data Protection Regulations (GDPR) which are due to come into force in May 2018. While organizations are largely aware of their upcoming obligations, levels of maturity to meet the new standards are still low. Overall organizations are only complaint with less than 40% of the principles laid out in the GDPR.

DDoS attacks to become larger in scale, harder to mitigate and more frequent

DDoS attacks to become larger in scale, harder to mitigate and more frequent

News   •   Jan 30, 2017 11:29 GMT

​Over the past few years, the scale of distributed denial of service (DDoS) attacks has become steadily larger, and defences have grown commensurately. Cyber security has become a game of cat and mouse in which neither side has become too powerful, but this might be about to change. Deloitte predicts that in 2017, DDoS attacks will become larger in scale, harder to mitigate and more frequent.

Small businesses failing to plan for bad weather

Small businesses failing to plan for bad weather

News   •   Jan 23, 2017 12:40 GMT

​Far too many of the United Kingdom’s small and medium-sized enterprises (SMEs) are ill-prepared for the effects of bad weather and the disruption it could bring. Nearly half (44%) have no business continuity plan in place to ensure they can continue operating, while over two-thirds (69%) do not have any insurance cover to protect them.

Finance’s role in operational risk manag​ement

Finance’s role in operational risk manag​ement

News   •   Jan 20, 2017 11:47 GMT

Two-thirds of financial executives in the US say their organization has been harmed by equipment failure during the last five years, 6 out of ten have been impaired by data breaches or cyber attacks, while more than half have had their operations affected by natural disasters.

​30% of NHS Trusts have experienced a ransomware attack

​30% of NHS Trusts have experienced a ransomware attack

News   •   Jan 19, 2017 16:17 GMT

​30% of NHS Trusts in the UK have experienced a ransomware attack, potentially placing patient data and lives at risk. One Trust – Imperial College Healthcare NHS Trust – admitted to being attacked 19 times in just 12 months. These were the findings of a Freedom of Information request submitted by SentinelOne.

Improve passwords to improve cyber resilience

Improve passwords to improve cyber resilience

News   •   Jan 18, 2017 10:03 GMT

There have been several studies recently that have shown, or at least suggested, that cyber security incidents are often the result of human error, and we have been told again and again that one of the best ways to improve our cyber security is to use strong passwords. However, a study of 2016’s most common passwords found that nearly 17% of users were safeguarding their accounts with ‘123456’.

Business interruption ranks as the top risk for organizations worldwide

Business interruption ranks as the top risk for organizations worldwide

News   •   Jan 12, 2017 16:07 GMT

As companies embrace digitalization and increasingly interlink their equipment, processes and supply chain – the so-called ‘Internet of Things’ – the risk of financial losses rises exponentially, making cyber security and related issues fast emerging as the biggest risk for organizations, according to Allianz Global C​orporate & Specialty SE.

Under employed, under inclusive and under threat

Under employed, under inclusive and under threat

News   •   Jan 11, 2017 15:09 GMT

Economic inequality, societal polarization and intensifying environmental dangers are the top three trends that will shape global developments over the next 10 years, the ​World Economic Forum’s ​Global Risks Report 2017 found. Collaborative action by world leaders will be urgently needed to avert further hardship and volatility in the coming decade.

Organizations better prepared to predict and resist cyber attacks

Organizations better prepared to predict and resist cyber attacks

News   •   Jan 10, 2017 15:51 GMT

Global organizations are more confident than ever that they can predict and resist a sophisticated cyber attack, but are falling short of investments and plans to recover from a breach in today's expanding threat landscape, according to ​EY.

​Natural catastrophe losses at their highest for four years

​Natural catastrophe losses at their highest for four years

News   •   Jan 09, 2017 17:06 GMT

A number of devastating earthquakes and powerful storms made 2016 the costliest twelve months for natural catastrophe losses in the last four years. This is according to a study by Munich RE which showed that losses totalling US$175bn, a good two-thirds more than in the previous year, and very nearly as high as the figure for 2012 (US$180bn).

Salary benchmarking survey

Salary benchmarking survey

News   •   Jan 09, 2017 10:10 GMT

Are you being paid what you deserve? Do you think others may be getting paid more than you despite having the same level of qualifications or experience? To help you with this, the Business Continuity Institute has just launched its annual salary benchmarking survey, in order to develop a better understanding from those people working in the industry what the typical rewards are.

The Business Continuity Institute Review of 2016

The Business Continuity Institute Review of 2016

News   •   Jan 05, 2017 14:28 GMT

2016 was a very busy year for the Business Continuity Institute with lots going on, but 2017 is going to be busier. With a new Executive Director and a new Chairman in place, both keen to make their mark, we can expect even more output from the BCI in order to better serve our members and the entire business continuity and resilience community.

The changing face of the business continuity professional

The changing face of the business continuity professional

News   •   Jan 04, 2017 14:18 GMT

​At the Disaster Recovery Journal Fall World Conference in September 2016, the Business Continuity Institute’s US Chapter and the US ​20/20 Group had the opportunity and responsibility to organize and participate in the DRJ Advanced Track, specifically designed for the most seasoned attendees.

Naive employees driving cyber security concerns

Naive employees driving cyber security concerns

News   •   Jan 03, 2017 09:39 GMT

Despite the perception that hackers are an organization’s biggest cyber security threat, insiders, including careless or naive employees, are now viewed as an equally important problem, according to new research conducted by Dimensional Research on behalf of Preempt.

Human behaviour is the greatest threat to cyber security

Human behaviour is the greatest threat to cyber security

News   •   Dec 21, 2016 09:09 GMT

Information security practitioners almost universally agree that human behaviour is their largest security threat, with 97% of security executives surveyed agreeing it was their organization's greatest vulnerability. This is according to a study by global technology company Nuix.

In our world of plenty we can spread a smile of joy

In our world of plenty we can spread a smile of joy

News   •   Dec 20, 2016 09:15 GMT

It has been a long time since the ​Business Continuity Institute last sent out Christmas Cards, instead we prefer to use the money to support organizations that are in need. This year we have split the fund three-ways with a third each going to projects supporting the relief efforts in Haiti, Italy, and Tanzania.

The desktop exercise - a wasted opportunity?

The desktop exercise - a wasted opportunity?

News   •   Dec 19, 2016 08:57 GMT

In the latest edition of the Business Continuity Institute's Working Paper Series, Luke Bird MBCI focuses on improving desktop exercises, and poses numerous challenges to business continuity practitioners, suggesting concrete, actionable recommendations to enable organizations to obtain more value out of these exercises.

Communicating in a crisis

Communicating in a crisis

News   •   Dec 14, 2016 11:45 GMT

In our globally connected world, most organizations have staff that travel overseas, making it more important than ever for those organizations to have an effective emergency communications plan in place in order to contact geographically dispersed staff during a crisis.

Confidence in ability to assess cyber risk in decline

Confidence in ability to assess cyber risk in decline

News   •   Dec 09, 2016 09:38 GMT

Confidence among security practitioners in their organization's ability to asses cyber risk is in decline as global cyber security confidence fell six points over 2016 to earn an overall score of 70%, a 'C-' on the report card. This is according to a new study by Tenable Network Security,

James McAlister FBCI takes the helm at the Business Continuity Institute

James McAlister FBCI takes the helm at the Business Continuity Institute

News   •   Dec 05, 2016 16:26 GMT

At the most recent meeting of the Business Continuity Institute's Board of Directors, James McAlister FBCI formally became the new Chairman of the BCI, taking over from David James-Brown FBCI whose two years in office have come to an end.