‘Charting the Course for Global Value Chain Resilience’, a new white paper from the World Economic Forum, says companies need to develop new supply chain resilience approaches and capabilities if they are to navigate the current and future disruptions.
Just as businesses are starting to find their groove with hybrid working, workplace resilience has begun to evolve again with the emergence of the metaverse. The metaverse is primarily defined as a shared digital space with digital representations of people, places, and objects.
DRI International has published its 7th Annual DRI International Global Risk and Resilience Trends Report. This gives an analysis of current and emerging risks as perceived by professionals directly involved in managing resilience.
The Government of Canada has welcomed a new report by the Council of Canadian Academies which looks at how to better protect the country’s critical infrastructure and supply chains, amongst other areas.
The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on the lessons learned regarding the operational resilience of trading venues and market intermediaries during the COVID-19 pandemic.
Standards Australia has published a new handbook, SA HB 188, ‘Base-building physical security handbook - Terrorism and extreme violence’, which guides organizations on best practice processes for protecting assets from physical terrorist threats and other acts of extreme violence.
Cyber perils are the biggest concern for companies globally in 2022, according to the latest Allianz Risk Barometer. The threat of ransomware attacks, data breaches, or major IT outages worries companies even more than business and supply chain disruption, natural disasters or the COVID-19 pandemic, all of which have heavily affected firms in the past year.
In a letter sent to Chief Executive Officers of PRA-regulated international banks active in the UK, the PRA set out key aspects of its regulatory expectations when it comes to operational risk and resilience.
Luke Bird has been thinking around the subject of scenario testing within operational resilience. In this article he looks at the way forward in this area and considers whether current business continuity management practices can offer a starting point.
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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.
