The Depository Trust & Clearing Corporation (DTCC) has issued a call for establishing business resilience as a financial industry-wide priority in a new white paper, 'Resilience First'. In the paper, DTCC says that a paradigm shift is required
A new report, ‘Prepare for the expected: Safeguarding value in the era of cyber risk,’ released by Aon plc, has gathered views from cyber-focused leaders from businesses in EMEA to share lessons learned in building cyber resilient organizations.
NOAA says that conditions are now more favorable for above-normal hurricane activity since El Nino has now ended. Forecasters with NOAA’s Climate Prediction Center have increased the likelihood of an above-normal Atlantic hurricane season to 45 percent (up from 30 percent from the outlook issued in May).
When it comes to hurricane impacts, well-prepared companies preserve their value, and poorly prepared companies may not do so; this was the headline finding of a study commissioned by FM Global and conducted by Pentland Analytics.
The Resilience Association, which was launched recently in the UK, will hold its first Annual Resilience Congress on Wednesday 23rd October 2019. The event will be held at Chartered Accountants Hall, Moorgate Place, London and tickets cost £125.
The US Department of Commerce’s National Institute of Standards and Technology (NIST) is awarding more than $6.6 million to fund research into improving disaster resilience.
The European Insurance and Occupational Pensions Authority (EIOPA) has published a report looking at ‘Cyber Risk for Insurers – Challenges and Opportunities’, which calls for a cyber resilience framework for insurers.
The Ebola virus disease outbreak in the Democratic Republic of Congo continues to spread in the east of the country with a high risk of a spill-over into the neighbouring countries. As a result of this Burundi, with assistance from the European Union, is strengthening its Ebola preparedness measures.
In an open statement, Michael Berkowitz, President of 100 Resilient Cities, has confirmed that 100 Resilient Cities started to wind down its operations on August 1st. Mr. Berkowitz also confirmed that he has stepped down as President
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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.
