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Effective travel risk plans are imperative in current environment

Effective travel risk plans are imperative in current environment

News   •   Jun 15, 2017 09:49 BST

Organizations are not doing enough to ensure their travel risk strategies are fit for the 21st century realities of business travel and fulfil their legal duty of care, according to a new report published by ​Airmic.

Airmic launches major study to understand resilience in digital age

Airmic launches major study to understand resilience in digital age

News   •   Jun 13, 2017 20:31 BST

​Airmic has launched a major new study to determine what resilience looks like in a digitally-transformed business world. According to the association, the digital revolution is fundamentally altering the ways in which organizations develop and execute strategy, which will impact business models and their approach to risk and resilience.

SMEs waken to cyber risks and reputational damage

SMEs waken to cyber risks and reputational damage

News   •   Sep 27, 2016 16:04 BST

The risks posed by cyber attacks and reputational damage are increasingly worrying small and medium-sized enterprises according to Zurich Insurance Group’s third annual global SME survey. Among respondents, concerns about cybercrime have almost tripled since 2013 (11% vs 4%), while worries about reputational damage have also increased (14% vs 8% three years ago).

The riskiest countries in the world

The riskiest countries in the world

News   •   Sep 15, 2016 16:41 BST

Inadequate infrastructure and weak logistic chains substantially increase the risk that an extreme natural event will become a disaster. This is a core finding of the World Risk Report 2016, produced by the Institute for Environment and Human Security at the United Nations University and the Bündnis Entwicklung Hilft – Gemeinsam für Menschen in Not, in cooperation with the University of Stuttgart.

South Asia struggles to build resilience

South Asia struggles to build resilience

News   •   Mar 23, 2016 14:12 GMT

1.4 billion people in South Asia, 81% of the region’s population, are acutely exposed to at least one type of natural hazard and live in areas considered to have insufficient resources to cope with and rebound from an extreme event, according to a new study by Verisk Maplecroft.

Organizations ill-equipped to manage the risks posed by third parties

Organizations ill-equipped to manage the risks posed by third parties

News   •   Mar 18, 2016 16:37 GMT

Almost nine in 10 (87%) organizations have faced a disruptive incident involving third parties in the last three years, with incidents including loss of data by a third party, or failure to deliver a service or product on time. The new study by ​Delo​itte also highlighted the increasing frequency and impact of these disruptions.

A world at risk in 2016

A world at risk in 2016

News   •   Jan 19, 2016 11:40 GMT

While cyberattacks rises slightly in terms of likelihood and impact in 2016, others, including failure of critical information infrastructure, appear to be declining as a risk in the eyes of experts. Technological crises have yet to impact economies or securities in a systemic way, but the risk still remains high, something that potentially may not have been fully priced in by experts.

Cyber incidents rank as major new threats

Cyber incidents rank as major new threats

News   •   Jan 13, 2016 14:39 GMT

The risk landscape for businesses is substantially changing in 2016 according to a new report by ​Allianz Global Corporate and Specialty. While businesses are less concerned about the impact of traditional industrial risks such as natural catastrophes or fire, they are increasingly worried about the impact of other disruptive events such as cyber incidents.

Terrorism as a lasting threat

Terrorism as a lasting threat

News   •   Dec 16, 2015 12:40 GMT

Terrorism and its effects influence the perception of risks and individual feelings. Business continuity, risk and resilience practitioners are not free from these effects. Given their important role, they are in a position where their tasks require them to critically examine their environment in a more considered way.

Damage to reputation considered a top risk for organizations

Damage to reputation considered a top risk for organizations

News   •   May 05, 2015 16:33 BST

​According to a new study by ​Aon Risk Solutions, damage to brand and reputation was cited as the top overall concern facing organizations globally. The ​Aon Global Risk Management Survey also revealed that, for the first time ever, cyber risk had entered the top ten at number nine.

Risks posed by natural hazards to major cities across the world

Risks posed by natural hazards to major cities across the world

News   •   Apr 15, 2015 10:29 BST

The strategic markets of Philippines, China, Japan and Bangladesh are home to over half of the 100 cities most exposed to natural hazards, highlighting the potential risks to foreign business, supply chains and economic output in Asia from extreme weather events and seismic disasters, according to new research from global risk analytics company, Verisk Maplecroft.

Business Continuity Institute Working Paper: Organisational resilience

Business Continuity Institute Working Paper: Organisational resilience

News   •   Nov 20, 2014 11:59 GMT

In the latest edition of the Business Continuity Institute’s Working Paper Series, Patrick Alcantara and Tim Jordan attempt to interrogate the literature behind organisational resilience and relate its implications to business continuity practitioners.