Patented seed allegedly stolen from U.S. seed corn companies as part of what prosecutors say was a conspiracy involving seven employees of a Chinese agriculture biotechnology company to steal trade secrets could be worth as much as $500 million, federal prosecutors said last week.
Internaitional SOS reported a huge increase in requests for information about Ebola Virus after...
A saltwater spill from an underground pipeline in North Dakota has renewed calls from farmers...
Business professionals face the constant challenge to aim high or “raise the bar”. However, as business continuity professional’s we often view things from a different perspective. We face the constant challenge to aim low and “lower the bar” when it comes to business availability risk, or BAR. This article shares concepts and methods for lowering business availability risk and reducing risky business.
The key last-ditch safety device that failed to prevent the 2010 BP oil spill remains a potentially catastrophic problem today for some offshore drilling, according to a U.S. U.S. safety board investigation. The U.S. Chemical Safety Board details the multiple failures and improper testing of the blowout preventer and blames bad management and operations for the breakdown.
The next video in this series features Kathy Lee Patterson, Business Continuity Project Manager with Independence Blue Cross in Philadelphia. Her topic is "Engaging Senior Management Into Your Exercises." Take a quick look at this week's video!
Gregg Steinhafel, who was also president and chairman, stepped down nearly five months after Target disclosed a huge pre-Christmas breach in which hackers stole millions of customers' credit- and debit-card records. The theft badly damaged the store chain's reputation and profits.
An outbreak of Ebola in West Africa has been linked to the deaths of more than 120 people, according to the latest World Health Organization count. There is no vaccine and no cure for the deadly virus, and its appearance in West Africa, far from its usual sites in Central and East Africa, has caused some panic.
Aon Global Risk Consulting has conducted further research to understand more about organizations’ attitudes to the top threats they face in today’s hyper connected world. Aon wanted to explore further some of the results of its biennial Global Risk Management Survey, published in 2013, so it asked captive directors for their opinions on the rankings of the top 50 risks identified.
Though various people have suggested guidelines for records information management, they have failed to take into consideration historical documents and multimedia records. Most people can agree that a load balance system is the most effective method for dispersal of backed-up information and suggest that this should be part of the guidelines.
According to the newly released 2013 RIMS Benchmark Survey™, the average Total Cost of Risk (TCOR) increased in 2012 — climbing five percent in 2012 as opposed to its increase of only 1.7 percent in 2011 — driven largely by firming market conditions.
At the first-annual Continuity Insights Chicago conference, David Lindstedt, PhD, PMP, CBCP, Director, Program Management: Office of Distance Education and eLearning at The Ohio State University, presented “Preparedness & Recoverability Metrics: Quantifying Confidence & Assessing Intuitions.” Continuity Insights spoke with Dr. Lindstedt in order to learn more about his topic.
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.
In the leadup to the 11th Annual Continuity Insights Management Conference, Tracy Stourac, Business Continuity Manager at TransUnion, discusses BC scorecards, the importance of personal preparation and why President Kennedy would have made a good business continuity professional.
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.
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.
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.
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.
The Omaha Public Power District is in the midst of reanalyzing flood threats as part of the Nuclear Regulatory Commission's larger review of unlikely safety threats in the wake Japan's nuclear crisis last year after an earthquake and tsunami.
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.
Before 9/11 hospitals lacked structured disaster plans and were inadequately prepared to properly respond to large-scale events. They were unable to both handle the surge of patients after a mass casualty event and continue operations after losing powe. In 2005, the catastrophic events of Hurricane Katrina exposed hospital’s insufficient preparations for coordinating with outside agencies.
In the leadup to Continuity Insights New York, Doug Weldon, President of the BCI USA Chapter, discusses executive support, the need to have a total understanding of the business and its processes, and Dwight D. Eisenhower’s deep understanding of planning and incident response.
Use of inherently safer process strategies would reduce the number of vulnerable areas around a company's facilities, which would decrease the scope of emergency preparedness programs.
E. Program Development, Methodology & Measurement Track — 2012 Continuity Insights Management ConferenceApril 4, 2012 12:09 pm | by Luke Simpson, Editor | Events
A listing of Program Development, Methodology & Measurement educational sessions at the 2012 Continuity Insights Management Conference and links to download presentation slides.
Last month, the UK Parliament's defense committee called on the government to prepare for disruptions to electrical supplies and satellites from electromagnetic pulses — whether caused by the sun or by a nuclear weapon exploded in space.
As governance, risk and compliance (GRC) issues continue to make substantial progress moving up the corporate Boardroom agenda, executive management wants assurances that all three components are being integrated effectively and efficiently, according to research by KPMG International.
When the total of all financial impacts from an outage exceeds the annual revenue of the organization, you know it’s time to modify your approach. Five members of Continuity Insights’ editorial advisory board discuss the techniques they use to compensate for business unit managers that overemphasize their own or their unit’s value during the business impact analysis (BIA) process. Among the recommendations are peer reviews, senior leader engagement and validation, steering committee reconciliation and, believe it or not, sarcasm.
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