GHD has launched its inaugural UK Disruption Index, which evaluates which UK industries have established resilience, and which are most susceptible to future shock and disruption.
On May 10th the European Council presidency and the European Parliament reached a provisional agreement on the Digital Operational Resilience Act (DORA), which will make sure the financial sector in Europe is able to maintain resilient operations through a severe operational disruption.
The World Health Organization has reported that an Ebola vaccination campaign has begun in northwest Democratic Republic of the Congo (DRC), to halt the spread of a new Ebola outbreak.
The results of the Bank of England’s 2022 H1 Systemic Risk Survey shows that the UK’s financial sector firms view of current key risks is changing. Firms are currently most concerned about cyber, geopolitical and inflation-related risks; with pandemic risks slipping down the order.
In a recent speech, the PRA’s David Bailey set out the regulator’s view of the progress that firms have made in terms of operational resilience and looked ahead to the 2025 full compliance deadline.
Human activity is contributing to an increasing number of disasters across the world, a new UN report warns. The number of disaster events is projected to reach 560 a year by 2030.
ESMA, the European Securities and Markets Authority, has issued a working paper on ‘Financial stability risks from cloud outsourcing’. The paper discusses the dependencies that now exist, where a single outage at a cloud service provider (CSP) could have widespread impacts
In 2021, authorities deliberately shut down the Internet at least 182 times across 34 countries, according to a new report from Access Now. This compares to 159 shutdowns recorded in 29 countries in 2020.
The Global Resilience Federation (GRF) has released its Operational Resilience Framework for public comment. The framework is aligned with various NIST and ISO standards.
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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.
