The Bank of England, the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA) have published policy documents on operational resilience, which are the results of a long-running consultation period.
A Gartner survey shows how the COVID-19 pandemic may be a catalyst for a large emerging threat facing organizations: the mental health of employees. Gartner surveyed more than 5,000 employees in the fourth quarter of 2020 and found that more than one-quarter of the workforce (29 percent) described itself as depressed as a result of the COVID-19 pandemic.
The US GAO has published a new report looking at the future resilience of the country’s electricity grid. The report ‘Electricity Grid Resilience: Climate Change Is Expected to Have Far-reaching Effects and DOE and FERC Should Take Actions’ says that climate change is expected to affect every aspect of the electricity grid
The US National Counterintelligence and Security Center (NCSC) has published 'Insider Threat Mitigation for U.S. Critical Infrastructure Entities: Guidelines from an Intelligence Perspective'. The new publication focuses on the human threats to US critical infrastructure
A new report from the Capgemini Research Institute examining the impact of the past year’s disruption on consumer products and retail (CP&R) supply chains, has found that 66 percent of organizations say their strategy will change significantly in the next 3 years, as they adapt to the pandemic and embed resiliency into their operations.
A new report from IDC presents a new Digital Resiliency Framework that ‘shows CEOs, CIOs, and other business leaders how technology can support the entire organization through the different stages of any business crisis’.
The UK government has launched a consultation on reforms to the country’s audit and corporate governance regime. This includes the proposed introduction of a Resilience Statement that would require larger companies to report on business continuity, supply chain resilience, and digital security risks.
Despite the challenges of 2020, business leaders' confidence in the resilience of their organizations has risen, according to BSI’s fourth annual Organizational Resilience Index report, which surveyed 500 senior leaders across the globe.
According to the new 2021 Brivo Smart Security Trends Report, 75 percent of respondents said the COVID pandemic has increased the importance of physical security in their organizations. Additionally, 60 percent of respondents said they either see a need for immediate cloud-based technology upgrades or are considering it in the near future.
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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.
