This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
In today’s post we’ll look at the top 10 free or almost free resources business continuity management professionals can utilize to help them raise their BCM skills and effectiveness to ninja level. However, there is one aspect of doing BCM that is much better and easier than it was when I was getting started 25 years ago.
Most of these have had demonstrable impacts on the practice of business continuity management (BCM), rendering some traditional practices obsolete and ushering in new concerns and techniques. It’s interesting to look at BCM practices that have fallen into disuse or are no longer regarded as beneficial or sufficient.
Instead, they should be developed in coordination with the cybersecurity department to ensure that recovery measures do not inadvertently create vulnerabilities that can be exploited by hackers. This can reveal vital information about the heightened vulnerabilities that often arise during recovery. Risk assessment.
Related on MHA Consulting: How to Get Strong: Unlocking the Power of Vulnerability Management The Practice of Vulnerability Management Last week, MHA CEO Michael Herrera wrote a blog about vulnerability management , the practice of identifying and mitigating the weaknesses in an organization’s people, processes, and technology.
Read on to learn about the BCM year in review. It’s the best way to get a handle on the organization, its culture, what their most important business processes are, the threats they face, and the current state of their BCM program. There’s a lot to be said for ruthless efficiency when it comes to BCM. A new focus on efficiency.
Far from relieving organizations of the responsibility of recovering their IT systems, today’s cloud-based and hybrid environments make it more important than ever that companies know how to bring their systems back up in the event of an outage. Moreover, cloud-services providers are themselves susceptible to outages and failed recoveries.
An organization that can undergo an outage of five days at no great cost is justified in having a high risk tolerance. An organization that would suffer a large impact as the result of an outage of two hours should be willing to tolerate very little risk. Where risk tolerance is high, controls can be relaxed. Risk avoidance.
Although share prices showed signs of recovery within a couple of days, more than £1 billion was wiped off the stock market value of the firm, as investors worried that retailers may be less keen to buy into the automated warehouse technology having seen that there is a potential vulnerability.*. Business continuity management.
Related on MHA Consulting: Sounds Like a Plan: The Elements of a Modern Recovery Plan Everyone reading this blog will know that the business continuity (BC) recovery plan is something organizations create to help them quickly restore their essential operations in the event of an outage, minimizing the impact on the company.
Here are some examples of vulnerabilities that can exist at facilities even after risk mitigation controls have been implemented: The backup power source can provide only a fraction of the power needed to keep critical operations running in the event of an outage. Too often, even a surface investigation can uncover deep gaps.
Because technology is vulnerable to disruption—and disruptions are on the rise—every organization should devise manual workarounds for its critical business processes. The scenario was, “A regional internet outage has occurred; you have no internet access to the outside […].
In recent years, we have entered a uniquely tumultuous period, one characterized by weird weather, global conflict, and heightened supply chain vulnerability, among other challenges. The threat of utility or network outages. However, there is a case to be made that assessing threats on an annual basis is no longer sufficient.
Because technology is vulnerable to disruption—and disruptions are on the rise—every organization should devise manual workarounds for its critical business processes. The scenario was, “A regional internet outage has occurred; you have no internet access to the outside world. Continue operating your critical business operations.”
A mature risk model has the ability to gather data on risks from across the organization, bubble it up to the senior levels, and boil it down to the handful of areas that are both highly critical and highly vulnerable. Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease.
A mature risk model has the ability to gather data on risks from across the organization, bubble it up to the senior levels, and boil it down to the handful of areas that are both highly critical and highly vulnerable. Over time, we see risks go down, the number of outages decrease, and insurance and other costs decrease.
Healthcare organizations are uniquely vulnerable to hackers and are subject to more than their share of cyberattacks. However, BC practitioners have a critical role to play in ensuring their organizations are prepared to respond to data breaches and to extended system outages. health care system in American history.”
Mitigating supply chain risk After widespread coverage, the CrowdStrike outage from 19 July 2024 hardly needs an introduction. The outage was caused by a bad security update rolled out by CrowdStrike. Without question, this is one of the most expensive IT outages to date, with significant global impact. million Windows devices.
Remind the managers that life is uncertain and the world currently more hazardous than ever thanks to the rise of cyberattacks, extreme weather, supply chain vulnerabilities, incidents of workplace violence, the heightened risk of reputational damage due to social media, global conflict, and similar threats.
Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.
Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Section 9 - BCM Program Maintenance. 2 – BCM Program Implementation. 9 – BCM Program Maintenance.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content