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New Networking Platform For The Risk Management Community

March 11, 2014 10:56 am | by RIMS | News | Comments

To ensure risk practitioners have access to the resources and services they need to successfully manage their organization’s risk programs, RIMS launched RIMS Marketplace, an online network of the world’s leading industry solution providers.   

Cybersecurity Concerns Force Boards to Rethink Risk Oversight

March 4, 2014 10:21 am | by Business Wire | News | Comments

Experience in overseeing the growing threat of cybersecurity risk is one of the key attributes...

New Risk Survey Finds Regulatory Change Tops List Of Risk Concerns For Companies Across Multiple Industries

February 11, 2014 10:38 am | News | Comments

Changes in the regulatory environment and heightened scrutiny by regulators rank at or near the...

Cyberattacks, Insider Threats, Social Media Hacking: New COBIT 5 For Risk Provides Guidelines To Manage Increased IT Risk

October 1, 2013 10:57 am | by ISACA | News | Comments

From cyberattacks and malicious employee actions to hacks into corporate social media accounts,...

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Weekly news and features for business continuity professionals

ERM Is Here To Stay: 2013 RIMS Survey

September 17, 2013 10:50 am | by RIMS | News | Comments

According to the newly released 2013 RIMS Enterprise Risk Management (ERM) Survey, ERM has gained “critical mass” acceptance with 63 percent of the respondents having either fully or partially integrated an ERM program to address their organization’s strategic and operational risks.

CGC 1 Revision Approved & Released

July 31, 2013 4:48 pm | by FEMA | News | Comments

Continuity Guidance Circular 1 (CGC1), Continuity Guidance for Non-Federal Governments (States, Territories, Tribes, and Local Government Jurisdictions), was updated by the Continuity of Operations Division and approved July 2013, by Damon Penn, the Assistant Administrator for National Continuity Program, Federal Emergency Management Agency. View the updated version.

RIMS Supports NYC Council's Fight For TRIA Extension

June 17, 2013 10:51 pm | by RIMS | News | Comments

With the deadline for the extension of TRIA approaching, RIMS, the risk management society™, submitted testimony and leant its support to New York City Council’s Committee on State and Federal Legislation’s effort to bring attention to the importance of a long term extension of TRIA.

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Staying On Track When Trains Derail

June 3, 2013 10:26 am | by Jonna Mayberry, Editor | Blogs | Comments

Records show that rail safety is steadily improving, but the month of May unfortunately highlighted the vulnerabilities of America’s railways. These recent derailments highlight the importance of planning for anything and everything. 

UN Global Disasters Forum Opens With Condolences For Oklahoma City Tornado Victims

May 22, 2013 9:25 am | by The United Nations | News | Comments

“Our thoughts and hearts go to the people of Oklahoma and we hope that help will reach those in need soon,” Deputy Secretary-General Jan Eliasson told participants at the opening of the 4th Global Platform for Disaster Risk Reduction, which is on the theme: “Invest Today for a Safer Tomorrow.”

UN: Private Sector Must Engage In Disaster Risk Reduction To Avoid Economic Losses

May 22, 2013 9:23 am | by The United Nations | News | Comments

A report highlights how the transformation of the global economy over the last 40 years has led to rapid increases in disaster risk in low-, medium- and high-income countries, with the search for lower costs and higher productivity driving business into hazard-prone locations with little or no consideration of the consequences on global supply chains.

UN Reports $2.5 Trillion In Disaster Losses Since 2000

May 20, 2013 11:31 am | by EDITH M. LEDERER,Associated Press | News | Comments

The U.N. Office for Disaster Risk Reduction warned in the 246-page report that economic losses from floods, earthquakes and drought will continue to escalate unless businesses take action to reduce their exposure to disaster risks. U.N. Secretary-General Ban Ki-moon launched the report saying the review of disaster losses in 56 countries clearly demonstrates that "economic losses from disasters are out of control." 

Next-Generation Business Continuity

March 27, 2013 10:18 am | by Kathleen Lucey, FBCI, President, Montague Risk Management | Articles | Comments

Being proactive embodies the intent to go beyond recovery to identify what information we need on a continuous basis, in order to identify opportunities for competitive advantage in an adverse situation. The target is an improved competitive position that can in fact increase revenues and develop long-term competitive superiority.

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North Korea Training Teams Of 'Cyber Warriors'

March 25, 2013 12:29 pm | by YOUKYUNG LEE,AP Technology Writer | News | Comments

Investigators have yet to pinpoint the culprit behind a synchronized cyberattack in South Korea last week. But in Seoul, the focus is fixed on North Korea, which South Korean security experts say has been training a team of computer-savvy "cyber warriors" as cyberspace becomes a fertile battleground in the nations' rivalry.

SKorea Flubs Cyberattack Investigation, Misidentifies IP Address

March 22, 2013 4:57 pm | by Sam Kim, The Associated Pres | News | Comments

In an embarrassing twist to a co-ordinated cyberattack on six major South Korean companies this week, investigators said they wrongly identified a Chinese Internet Protocol address as the source.  "We were careless in our efforts to double-check and triple-check," KCC official Lee Seung-won told reporters.

nScaled Recovery As A Service Solution Supports NetApp Storage Systems

March 8, 2013 4:56 pm | News | Comments

nScaled, provider of online backup and disaster recovery service solutions, has announced that its enterprise-class recovery as a service (RaaS) solution now supports NetApp storage systems. The nScaled service puts comprehensive disaster recovery squarely in the hands of business professionals. 

Tips For Scoring Risk & Performing The Risk Assessment

March 2, 2013 2:18 pm | by Luke Simpson, Editor | Videos | Comments

At the 2012 Continuity Insights Management Conference in Scottsdale, AZ, business continuity experts discuss ways to develop a balanced scorecard, the benefits of using a standards-based approach (ISO 31000) and a common pitfall: analysis paralysis.

Speakers’ Soapbox: Lynnda Nelson On Risk Management’s Shortcomings & Heavy Metal

February 26, 2013 10:43 am | by Luke Simpson, Editor | The International Consortium For Organizational Resilience (Icor) | Articles | Comments

In the leadup to the 11th Annual Continuity Insights Management Conference, Lynnda Nelson, President of ICOR, discusses “soft” business continuity issues, why risk management is not a panacea and the business continuity-themed supergroup: Strapperjack!

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Reputational Risks & The Role Of Social Media

January 14, 2013 1:23 pm | by Luke Simpson, Editor | Videos | Comments

A recent study found reputational risks to be the second-biggest driver for business continuity management (BCM) programs. At the 2012 Continuity Insights Management Conference, seven business continuity experts discuss reputational risks, how they can be addresses and the role that role social media plays.

4 Trends That Will Impact The Role Of BC/DR Practitioners In 2013 & Beyond

January 2, 2013 4:54 pm | by John Jackson, Executive VP, Fusion Risk Management | Blogs | Comments

In 2013 we will continue to see a shift in the way business continuity and disaster recovery professionals view and approach their roles. As our industry moves forward we will eventually see two types of practitioners emerge: risk managers and outage planners.

Agiliance Sets New Threshold For Automating Security Data Collection

November 27, 2012 5:31 pm | News | Comments

The rising tide of insider and advanced persistent threats, mounting regulatory pressure, and the impact of big security data on an organization’s operational efficiency have led many progressive organizations to adopt a “risk-based” approach to security.

Wal-Mart's Risk Assesments Highlight Safety Issues At Bangladesh Factories

November 27, 2012 10:19 am | by FARID HOSSAIN & JULHAS ALAM, Associated Press | News | Comments

The garment factory where up to 124 people were killed in a fire Saturday was given an orange or "high risk" assessment after a May 2011 inspection and a yellow or "medium risk" report after an inspection in August 2011. In its 2012 Global Responsibility report, Wal-Mart said it ceased working with 49 factories in Bangladesh in 2011 because of fire safety issues.

Redstone Federal Credit Union’s Redstone Consulting Group & Fusion Risk Management Announce Strategic Alliance To Deliver Continuity Risk Management Services To Credit Unions & Community Banks

November 5, 2012 10:39 am | News | Comments

Redstone Consulting Group and Fusion Risk Management will begin offering enterprise resilience management services and software centered on business continuity, crisis management and IT disaster recovery.  Offerings will leverage proven capabilities implemented at Redstone Federal Credit Union.

The Risky Business Of Technology Moves & Transitions

October 26, 2012 10:31 am | News | Comments

Trillium's ITtransitions@ practice provides the skills, experience, and proven methodologies to mitigate risks and guide organizations through the pitfalls associated with technology transitions. Real-world experience includes a critical datacenter move with a major insurance company and a colocation move for the world's largest asset management firm.

7 Experts Convicted For Not Warning Of Quake Risk

October 23, 2012 12:01 pm | by ANNALISA CAMILLI & FRANCES D'EMILIO, Associated Press | News | Comments

In a verdict that sent shock waves through the scientific community, an Italian court convicted seven experts of manslaughter on Monday for failing to adequately warn residents of the risk before an earthquake struck central Italy in 2009, killing more than 300 people.

Japan Utility Agrees Nuclear Crisis Was Avoidable

October 12, 2012 11:39 am | by MARI YAMAGUCHI, Associated Press | News | Comments

Tokyo Electric Power Co. said in a statement that it had known safety improvements were needed before last year's tsunami triggered three meltdowns, but it had feared the political, economic and legal consequences of implementing them.

Speakers' Soapbox: David Nolan On The Evolution Of BC & Michael Andretti

October 12, 2012 10:12 am | Articles | Comments

In the leadup to Continuity Insights New York, October 29-30, 2012 at The Hotel Pennsylvania in New York City, David Nolan, CEO of Fusion Risk Management, discusses the concept of continuity risk management, game changing technology and Michael Andretti's measured risks.

Avalution Announces New Features For Catalyst Business Continuity Software

October 8, 2012 5:07 pm | News | Comments

Catalyst combines a simple user interface and on-screen guides with Avalution’s industry-leading methodology to make continuity planning easy and repeatable for every organization, regardless of size. New features include risk assesssment and corrective actions.

Survey: Intensifying Economic & Political Volatility Ushers In Barrage Of Corporate External Risks

September 21, 2012 9:47 am | News | Comments

The Eurozone debt crisis and U.S. political uncertainty, combined with extreme and unexpected events, are continuing to create external risks that companies are grappling to overcome, according to a new PwC US Risk in Review paper.

Speakers’ Soapbox: Mike Errity On Reputation, Leadership & Bruce Springsteen

September 13, 2012 3:37 pm | by Luke Simpson, Editor | News | Comments

In the leadup to Continuity Insights New York, Continuity Insights asks presenters about their chosen topics, critical business continuity skills, how prepared we can be, and which famous person would have made a good business continuity professional. This week Mike Errity, Director, IBM Business Continuity and Resiliency Services, discusses the need for strong leadership skills and reputational risks.

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