The catastrophe loss experience of the last two years is a wake-up call for the insurance industry, highlighting a trend of growing devastation wreaked by so-called ‘secondary perils’ – which are independent small to mid-sized events, or secondary effects of a primary disaster.
The European Supervisory Authorities (ESAs) have published two pieces of Joint Advice in response to requests made by the European Commission in its March 2018 FinTech Action Plan. The guidance documents aim to promote stronger operational resilience and harmonization in the EU financial sector.
A new system devised by researchers at MIT can monitor all electric devices within a building or factory, determining which ones are in use at any given time and whether any are showing signs of an imminent failure.
A recent meeting of a WHO Emergency Committee convened to consider the Ebola outbreak in the Democratic Republic of the Congo has concluded that there is an increasing risk of spread to adjoining countries.
In today’s quickly evolving cyber landscape, organizations must achieve a state of information resilience in order to safeguard not only their data but also their people, their finances and their reputation. That was the overriding message at the inaugural BSI International Cyber Resilience Exchange
As of March 24, 2019, public health officials have documented that the Ebola outbreak in eastern Democratic Republic of Congo (DRC) has surpassed 1,000 cases; the current total number of confirmed and probable cases is 1009, including 625 deaths and 318 survivors.
At a recent meeting of ministers and disaster management officials from the United States and 18 Caribbean countries a new 'US-Caribbean Resilience Partnership' was officially launched.
Celebrity endorsers are a part of doing business in today’s social media rich world, but such endorsers can generate negative impacts when things go wrong. How can businesses prepare for and respond to such incidents?
In an annual report from Macquaire University’s Risk Frontiers, Andrew Gissing and Michael Eburn look at how prepared Australia is for catastrophic and cascading disasters. The report, entitled, Planning and Capability Requirements for Catastrophic and Cascading Disasters, provides an update on research
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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.
