This newsletter highlights all the feature articles published on Continuity Central during July 2023, as well as various resources.

NOTE: If you cannot read this newsletter properly visit www.continuitycentral.com/roundupaug2023.html

FEATURE ARTICLES

Understanding and managing the impact of heatwaves on businesses
Heatwaves can have wide-ranging impacts on businesses, affecting their operations, supply chains, employee well-being, and financial stability. It is crucial for organizations to fully comprehend the specific challenges posed by heatwaves and develop strategies to mitigate these risks. Owen Miles explores…
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• World

The metrics struggle: creating metrics for a BC or DR program
After years struggling with tracking metrics for a disaster recovery program, the authors of this article came across a metric tracking system used by a peer which was successfully modified for DR use. The system is shared here to help you move from nagging to supporting the teams that you work with.
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• US / World

AI and network security: balancing efficiency and risk
Artificial intelligence - as embedded within network security - plays a critical role in enabling organizations to stay cyber secure. In this interview security engineer Gergana Kungalova describes the network security problems that AI addresses and the risks involved in using AI within this area.
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• World

Building a practical cyber security risk awareness strategy
Nick Denning, CEO of IT consultancy Diegesis and veteran of multiple public sector IT transformation projects, shares his thoughts on what makes a successful risk awareness strategy.
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• UK / World

Strengthening healthcare's future: advancing network security, performance, and business continuity
In the healthcare industry, IT professionals shoulder a weighty responsibility that extends beyond technology. Their crucial role directly impacts the well-being and lives of patients. Don Boxley looks at some of the specific resilience challenges in this sector.
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• US / World

DORA: steps for implementing the Digital Operational Resilience Act
Impacted organizations have until January 2025 to become fully compliant with the EU’s Digital Operational Resilience Act. Dr. Roland Pulfer looks at what needs to be taken into account and how to successfully and pragmatically make the changes required for compliance.
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• Europe

The UK Resilience Framework – does it measure up?
The UK Government Resilience Framework was released in December 2022 and has since undergone scrutiny by the National Security Strategy Joint Select Committee. Robert Hall considers the Committee’s views and subsequent Government response, exploring the implications for future resilience across the UK.
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• UK

Five data backup and recovery challenges threatening SaaS application data
Asigra is highlighting five major data protection challenges threatening SaaS application data, as well as the need for comprehensive data protection measures to safeguard this information.
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• World

Managing AI risks: the ethical imperative
Peter Ruffley explores the ethical issues affecting the corporate adoption of AI, the importance of trust and the need for robust data sets that support robust bias checking.
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• World

Data resilience strategies and management
Data is the currency of the digitalized world and its importance in today’s business landscape cannot be overestimated. Protecting this investment requires data resilience strategies to be in place. In this article Alberto G. Alexander explains what data resilience involves.
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• World

Business Continuity Management, Operational Resilience, and Organizational Resilience: Commonalities, Distinctions, and Synthesis
A new Open Access paper seeks to provide clarity on the differences between business continuity management, operational resilience, and organizational resilience.
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• World

‘Impregnable’ off-grid computers exposed by the one thing they can’t do without - their power supply
Quantum computing will light the way for hackers to identify and attack air-gapped servers - high-security computers once thought immune to data theft - new analysis by Cystel has revealed.
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• World

RESEARCH, REPORTS, AND GUIDANCE

Cyber attackers are changing tactics and becoming stealthier, according to new report
SonicWall has released the 2023 SonicWall Mid-Year Cyber Threat Report. The bi-annual report uncovers evolving tactical activity from digital threat actors as they develop different types of malicious attacks.
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• World

Half of the top malicious email subjects are now related to HR
KnowBe4 has announced the results of its Q2 2023 top-clicked phishing report. The results include the top email subjects clicked on in phishing tests and reflect the use of HR business-related messages to gain interest from employees.
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• World

SANS 2023 Security Awareness Report looks at managing ‘human risks’
SANS Institute has released the SANS 2023 Security Awareness Report, 'Managing Human Risk’. Rooted in the experiences of nearly 2,000 participants from 80 countries, the report underscores the escalating stakes in human cyber risks.
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• World

Research shows that business continuity response measures are not keeping pace with cyber threats
New research commissioned by Cohesity has found that the majority of businesses do not have the necessary cyber resilience strategies or data security capabilities required to address today’s escalating cyber threats and maintain business continuity.
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• World

IBM issues annual Cost of a Data Breach Report
IBM has published its 2023 Cost of a Data Breach Report, which is based on a survey conducted by Ponemon Institute. This has found, amongst other things, that AI is having a positive impact on breach lifecycles.
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• World

Cyber security leaders see AI as their biggest emerging cyber threat
Cyber security leaders claim that AI is the biggest cyber threat to their business, according to new research from RiverSafe, which is published in the ‘AI Unleashed: Navigating Cyber Risks Report’.
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• World

Economic costs of natural disasters were much higher than average in the first half of 2023
Aon plc has published its Global Catastrophe Recap: First Half (1H) of 2023, revealing a preliminary estimate of $194 billion in economic losses stemming from global natural disasters.
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• World

Guidance for managing data centres / centers during extreme heat
The data centre cooling experts at Vertiv, a global provider of critical digital infrastructure and continuity solutions, has published guidance for managing data centres/ centers during periods of extreme heat.
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• World

Building and enhancing organizational resilience before and after COVID-19
The results of a research project to investigate the effect of the pandemic on businesses awareness of organizational resilience have been published.
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• World

71 percent of organizations may have been breached and not know about it
Vectra AI has released a new research report identifying that 97 percent of analysts are worried they will miss security events, with 71 percent admitting their organization may have been compromised and they don’t know about it yet.
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• Various

Guidance released on security considerations for 5G network slicing 
The US National Security Agency (NSA) and CISA has published a new guidance document which focuses on addressing some identified threats to 5G network slicing, and provides industry recognized practices for the design, deployment, operation, and maintenance of a hardened 5G standalone network slice.
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• US / World

Organizational fortitude is key to building resilience say researchers
Companies need to develop 'organizational fortitude' if they are to successfully overcome multiple crises and adversities, according to new research from Emlyon Business School.
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• World

Final version of APRA CPS 230 Operational Risk Management standard published
The Australian Prudential Regulation Authority (APRA) has released a new Prudential Standard, CPS 230 Operational Risk Management. This will direct how regulated entities manage operational risk, resilience, and business continuity.
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• Australia

Report shows high levels of enterprise risk management immaturity in US organizations
A new report issued by the Association of International Certified Professional Accountants and North Carolina State University's Enterprise Risk Management (ERM) Initiative has looked at the state of ERM in US organizations.
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• US

Just two percent of industry experts are confident in their organization’s security strategies
OPSWAT has released key findings from its 2023 State of Web Application Security report, based on an online survey of over 400 executive leaders, managers, and senior contributors.
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• World

Strong workplace welfare can reduce the risk of successful phishing attacks
A psychology study has explored what makes workers vulnerable to phishing attacks and shows that workers feeling stressed are more likely than others to become the victims of a phishing attack.
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• US / World

39 percent of businesses experienced a data breach in their cloud environment last year
Thales has released its 2023 Thales Cloud Security Study, an annual assessment of the latest cloud security threats, trends and emerging risks based on a survey of nearly 3,000 IT and security professionals across 18 countries.
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• World

Many climate-scenario models in financial services are significantly underestimating climate risk
A new paper from the Institute and Faculty of Actuaries (IFoA) and the University of Exeter claims that current climate-scenario models used within the financial services sector are ‘significantly underestimating climate risk’.
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• World

Economic climate is seen as top risk by businesses in the UK and Ireland
The Chartered Institute of Internal Auditors has published a new survey-based report which finds that the risk level posed by economic uncertainty is now viewed as high or very high by over half of all businesses in the UK and Ireland.
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• UK / Ireland

Cloud security threats are rampant: driven by misconfigurations
Check Point, in collaboration with Cybersecurity Insiders, has released its 2023 Cloud Security Report. The report, based on a survey of over 1,000 cyber security professionals worldwide, provides insights into the current state of cloud security management.
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• World

Cybercriminals are becoming more sophisticated in their attacks finds new report
Acronis has released the findings of its Mid-Year Cyberthreats Report, ‘From Innovation to Risk: Managing the Implications of AI-driven Cyberattacks’.
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• World

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