The latest resilience news from around the world

UK Finance has released the results of the third set of results from an ongoing operational resilience industry benchmarking survey. The results focus on approaches to important business services (IBS).

UK Finance says that during the period of the benchmarking study there has been a consistent reduction in the number of IBS per division reported by firms. 89 percent of respondents to the latest iteration of the survey said they currently have between one to ten IBS per division and 11 percent said they have between 11-30. No respondents reported more than 31 IBS in any division. This is a significant change from the first survey in May 2021, where 73 percent of respondents reported one to ten IBS and 23 percent reported 11-30, and four percent reported 31-60.

UK Finance says these results point to a maturing of thinking around the application of the regulatory policy statements and a better awareness of what services are most important to customer bases. The logistical challenges presented by many IBS is another reason for a reduction in the number of IBS.

More details.


Want news and features emailed to you?

Signup to our free newsletters and never miss a story.

A website you can trust

The entire Continuity Central website is scanned daily by Sucuri to ensure that no malware exists within the site. This means that you can browse with complete confidence.

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.

Get the latest news and information sent to you by email

Continuity Central provides a number of free newsletters which are distributed by email. To subscribe click here.