Rick Biondi, a risk management integration consultant for Skipton & Associates, discusses business interruption insurance and how it can help offset some costs in the event of a disaster. He also discusses what businesses should look for when searching for an effective policy.
Ken Simpson discusses the importance of the "cyber supply chain" in preparing for cyber threats...
The death toll in the partial collapse of a four-story apartment building in a Paris suburb has...
Hurricane Cristobal was gradually gaining strength Tuesday as it headed over the Atlantic...
In the wake of recent civil unrest in Ferguson, Missouri, Continuity Insights New York Presenter Steven Crimando discusses the threat of collective violence, the challenges it poses from a business continuity prespective and steps to take in the event of a large crowd gathering.
Ms. Michael Redomond, CEO of Redmond Worldwide and Sonal Sinha, Associate Vice President of Industry Solutions for MetricStream, discuss creating a more effective disaster recovery plan, addressing gaps in your recovery plan and integrating new technology into emergency preparedness
Mike Kadar of MK Continuity & Availability LLC discusses his business continuity management risk index and how it can be used to gain support from executives and express business continuity related data in a concise and effective manner
Two fertilizer companies sued following a deadly Texas explosion are claiming the small town deserves blame for failing to properly train volunteer firefighters and first responders, who made up most of the 15 people killed by the April 2013 blast.
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 the outbreak, but said the risk is low for business travelers to become infected is low if they follow proper procedures and exercise caution
A saltwater spill from an underground pipeline in North Dakota has renewed calls from farmers and environmentalists to require new monitoring to help ensure that such breaches are prevented or caught quickly. The leak involved an estimated 24,000 barrels, or 1 million gallons, of saltwater and condensate, byproducts of oil and gas production.
The dangers posed by a spike in oil shipments by rail extend beyond crude from the booming Bakken region of the Northern Plains and include oil produced elsewhere in the U.S. and Canada, U.S. safety officials and lawmakers said.
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.
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