The latest business continuity news from around the world

The CIR Business Continuity Awards 2020 winners

The annual CIR Business Continuity Awards winners were announced on 9th December 2020 via a video broadcast. This different approach to usual was due to COVID-19 restrictions. The Business Continuity Awards recognise business continuity excellence demonstrated by individuals and organizations around the world.

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ECB announces independent investigation into payments system outage

The European Central Bank (ECB) is launching an independent review of an incident that affected its real-time gross settlement system TARGET2 on 23rd October 2020, causing an outage for almost 10 hours. An initial investigation determined that a software defect in a network device was the specific technical cause of the incident.

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Business continuity?

Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.

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