Erwood Group

OCTOBER 27, 2020

How Business Continuity Provides Value to A Business. There are many ways in which Business Continuity can provide a business with tremendous value. The first and most obvious to many is that business continuity planning helps organizations obtain reduced premiums on insurance.

Business Continuity 59

Business Continuity Continuity Planning Insurance Insurance 59

FEI

JUNE 23, 2021

All this leads to the question: How do you continue to respond to crises with a skeleton staff? Here are a few tips to keep in mind when developing your own business continuity plan: Have training documents prepared. Consider business interruption insurance. And continue to test your emergency response plan.

Business Continuity 59

Business Continuity Pandemic Crisis Management Insurance 59

Online Computers

MARCH 22, 2022

Especially for small and medium businesses that utilize online sales. To face these unforeseeable attacks, you can prepare ahead of time by taking out a dependable cybersecurity insurance plan. The risk of cyberattacks gets higher each year as online criminals continue to improve in their craft.

Insurance 59

Insurance Insurance Cybersecurity Security 59

everbridge

MARCH 7, 2022

While often paired with business continuity (BC), disaster recovery differs in that it is a component the BC program. A BC program encompasses multiple plans to maintain business operations before, during, and after an event. The True Value of Business Continuity.

Disaster Recovery 72

Disaster Recovery Continuity Planning Business Continuity Crisis Management 72

everbridge

OCTOBER 7, 2024

When any of us own a large purchase or investment, we protect that investment with insurance. Businesses themselves are not immune from the potential impacts that any disruption could cause. Depending on where you live, your business can be impacted by hurricanes, floods, fires, or other natural disasters.

Continuity Planning 52

Continuity Planning Business Continuity Insurance Insurance 52

Stratogrid Advisory

MAY 11, 2020

Top reasons why Business Continuity Planning is ignored! The business is always busy, and because of this, it comes up with a myriad of justifications for ignoring Business Continuity Planning efforts. Top justifications why Business Continuity Plan is not implemented. Reading Time: 4 minutes.

Continuity Planning 52

Continuity Planning Business Continuity BCP BCM 52

KingsBridge BCP

FEBRUARY 27, 2024

Really, you don’t have a choice but to afford Business Continuity Planning. While plans aren't free, the costs to your business will be much lower than if you have to clean up after a disaster when you don't have a plan. Without a Business Continuity Plan, you won’t have three years… Convinced? Can you afford BCP?

Business Continuity 52

Business Continuity BCP Outage Continuity Planning 52

everbridge

NOVEMBER 1, 2024

Read case study Kentucky Farm Bureau Insurance – When major disasters occur, KFB experiences the catastrophe as both a claims event and a business continuity challenge. Read more about Bank of Hawaii’s incident notification usage and get a sample message from Tropical Storm Hilda.

Banking 59

Banking Emergency Response Emergency Response Alert 59

everbridge

OCTOBER 9, 2024

According to the Cyber Readiness report by the British insurer Hiscox, nearly half of all companies reported a cyberattack last year, with one in five saying those attacks threatened their solvency. Sixty percent of small businesses won’t survive one. The post Business Continuity and Cybersecurity appeared first on Everbridge.

Business Continuity 52

Business Continuity Cybersecurity Impact Analysis Disaster Recovery 52

MHA Consulting

FEBRUARY 9, 2023

These definitions are taken from our recent free ebook, Strong Language: The MHA Guide to Essential Business Continuity Terminology. There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity.

Insurance 98

Insurance Insurance Outsourcing Mitigation 98

Pure Storage

MARCH 28, 2025

Immediately following a breach or event , you should consider your existing environment closed for business until further notice. Safeguard Your Dataand Your Business Ensure effortless business continuity and data recovery. Dont assume you can salvage even the uncompromised functions.

Security 75

Security Backup Application Insurance 75

Erwood Group

JULY 7, 2022

What is Business Continuity. So, what is business continuity anyway? So, what is business continuity? Before I give you my answer, let me provide you with the definition from the National Fire Protection Agency (NFPA) 1600 (Which is their Business Continuity Standard). Business Impact Analysis.

Business Continuity 52

Business Continuity Impact Analysis Continuity Planning Communications 52

Stratogrid Advisory

APRIL 12, 2020

Business Continuity Planning for Small and Medium-Sized Organizations Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Readers note: Please check our recently published high-level Business Continuity Planning guide. Business Continuity Plan , IT Disaster Recovery Plan , Crisis Management Plan, etc.),

Continuity Planning 52

Continuity Planning Business Continuity BCM Disaster Recovery 52

Stratogrid Advisory

APRIL 12, 2020

Business Continuity Planning for Small and Medium-Sized Organizations. Readers note: Please check our recently published high-level Business Continuity Planning guide. . non-profits, law or accounting firms, insurance firms/brokers, professional service firms, architecture firms, etc.) Business Continuity Planning.

Continuity Planning 52

Continuity Planning Business Continuity BCM Disaster Recovery 52

Disaster Recovery Journal

OCTOBER 23, 2020

But that was my unofficial designation when I worked for the largest insurance broker in the world some 20 odd years ago. I was teaching a business continuity class at our remote office in Detroit when a hysterical woman pulled me from the class to go to the breakroom television. My peers and direct reports gave it to me.

Risk Management 214

Risk Management Disaster Recovery Emergency Response Emergency Response 214

Erwood Group

MAY 30, 2024

Recovery Time Objective: A Key Component in Business Continuity Understanding Recovery Time Objectives: A Key Component in Business Continuity In the business world, change occurs rapidly, and maintaining operational resilience even during these changes is critical.

Business Continuity 52

Business Continuity Disaster Recovery Impact Analysis Resilience 52

Plan B Consulting

MAY 25, 2016

This week Charlie looks at kidnap as a business continuity threat after his recent travels. I did lots of work whilst there which included working on a business continuity app, planning a business continuity trip for later in the summer and delivering a crisis management course based on BS11200, the crisis management standard.

Business Continuity 40

Business Continuity Insurance Insurance Crisis Management 40

Plan B Consulting

MAY 25, 2016

This week Charlie looks at kidnap as a business continuity threat after his recent travels. I did lots of work whilst there which included working on a business continuity app, planning a business continuity trip for later in the summer and delivering a crisis management course based on BS11200, the crisis management standard.

Business Continuity 40

Business Continuity Insurance Insurance Crisis Management 40

Disaster Safety

DECEMBER 23, 2021

Severe winter weather is a significant cause of insured catastrophic losses and is a risk for many businesses across the country, including portions of the typically warmer southern United States. Create a business continuity plan. Check your insurance coverage and inventory valuable equipment.

Insurance 129

Insurance Insurance Outage Alert 129

Erwood Group

JANUARY 28, 2024

Debunking the Myths of Business Continuity Unlocking the Truth: Navigating 20 Myths About Business Continuity Introduction: In the dynamic landscape of modern business, the importance of business continuity cannot be overstated. Myth 2: Business Continuity Plans Are Only for Large Enterprises.

Business Continuity 52

Business Continuity Disaster Recovery Continuity Planning Crisis Management 52

MHA Consulting

MARCH 23, 2023

FFIEC in our industry is best known for providing the business continuity management standard that U.S. However, of the five, the FFIEC Business Continuity Management booklet is widely regarded as the toughest and best. Going for the Gold FFIEC is the gold standard of business continuity standards.

BCM 95

BCM Impact Analysis Business Continuity Banking 95

Erwood Group

FEBRUARY 4, 2024

Healthcare Preparedness Ensuring Healthcare Resilience: The Critical Role of Business Continuity In the ever-evolving landscape of healthcare, disruptions can arise unexpectedly, posing significant challenges to patient care, operational continuity, and the overall stability of healthcare organizations.

Healthcare 45

Healthcare Business Continuity Resilience Continuity Planning 45

KingsBridge BCP

DECEMBER 20, 2022

Most of us believe that earthquakes are simply not a threat to our homes and our businesses. But according to some of Canada’s major insurance companies, we should all be thinking ahead and getting ourselves ready for earthquakes. To learn more about this, read Canada Not Prepared for Major Earthquake Insurers Warn.

Insurance 97

Insurance Insurance BCP Publishing 97

IT Governance BC

NOVEMBER 7, 2018

Along with business continuity planning , it’s an essential strategy for managing the ever-increasing risk of disruption. Disaster recovery is effectively a form of insurance; you are spending money preparing for a scenario that you hope never occurs. Why you need a disaster recovery plan. Organise and document a plan.

Disaster Recovery 84

Disaster Recovery Impact Analysis Insurance Insurance 84

NexusTek

OCTOBER 8, 2024

Our aim in this article is not to place blame, but to highlight the valuable lessons that other businesses can learn from these real-life incidents. Incident 1: Malicious Web Browser Update A large insurance company with a nationwide presence was the victim of a ransomware attack that began with a social engineering scheme.

Cybersecurity 98

Cybersecurity Backup Authentication Insurance 98

MHA Consulting

FEBRUARY 15, 2024

An emerging hot topic in business continuity and risk management is the software known as a risk management information system (RMIS). The connection to business continuity is: according to best practice, BC should reside under the risk area. It is a product type that has been evolving rapidly in recent years.

BCM 106

BCM Risk Management Mitigation Business Continuity 106

FEI

AUGUST 19, 2021

I have kidded with my staff about the irony that our once Business Continuity / Business Resumption plan, or BC/RC, that we put into action last year is now our “new normal.” To maintain our service and readiness commitments, FEI has pivoted from operating in an office environment to a virtual world.

Crisis Management 98

Crisis Management Healthcare Pandemic Insurance 98

Castellan

DECEMBER 1, 2021

The Need For Business Continuity Management All businesses face the threat of an unplanned business interruption. As a result, thousands of businesses large and small are crippled every year by unplanned business interruptions. As published in the Disaster Resource Guide Executive Issue – Volume 12, Issue 3.

Business Continuity 40

Business Continuity Management Activation Risk Management 40

NexusTek

FEBRUARY 8, 2023

Our aim in this article is not to place blame, but to highlight the valuable lessons that other businesses can learn from these real-life incidents. Incident 1: Malicious Web Browser Update A large insurance company with a nationwide presence was the victim of a ransomware attack that began with a social engineering scheme.

Cybersecurity 98

Cybersecurity Backup Authentication Insurance 98

Disaster Safety

MARCH 5, 2021

Prevent Business Disruption With a Business Continuity Plan. The OFB-EZ (Open for Business-EZ) toolkit helps small businesses take important steps they need to keep functioning in the event of a major disaster or even a small disruption. Begin a reserve fund now and make sure you are adequately insured.

Continuity Planning 98

Continuity Planning Business Continuity Insurance Insurance 98

MHA Consulting

AUGUST 24, 2023

They include process and procedural robustness and integrity; people, skills, and training; insurance and self-insurance; the supply chain, outsourcing, and inherent risk; infrastructure, systems, and telecommunications; and physical and information security. Reducing risk. Transferring risk. Accepting risk.

Risk Management 98

Risk Management BCM Management All-Hazards 98

MHA Consulting

MAY 11, 2023

In business continuity, testing of all types can lay claim to a rare distinction: it is simultaneously one of the most important parts of any program, and one of the most neglected. They can benefit organizations by helping keep the recovery team personnel sharp and making business continuity part of the organization’s culture.

Disaster Recovery 98

Disaster Recovery Business Continuity Consulting BCM 98

MHA Consulting

MARCH 2, 2023

Reducing risk is at the heart of everything we do as business continuity professionals. Residual Risk There are two main kinds of risk when it comes to organizational activities and business continuity: inherent risk and residual risk. Inherent risk is the danger intrinsic to any business activity or operation.

Mitigation 95

Mitigation BCM Acceptable Risk Risk Management 95

Disaster Recovery Journal

OCTOBER 23, 2020

But that was my unofficial designation when I worked for the largest insurance broker in the world some 20 odd years ago. I was teaching a business continuity class at our remote office in Detroit when a hysterical woman pulled me from the class to go to the breakroom television. My peers and direct reports gave it to me.

Risk Management 130

Risk Management Disaster Recovery Emergency Response Emergency Response 130

MHA Consulting

MAY 11, 2023

In business continuity, testing of all types can lay claim to a rare distinction: it is simultaneously one of the most important parts of any program, and one of the most neglected. They can benefit organizations by helping keep the recovery team personnel sharp and making business continuity part of the organization’s culture.

Disaster Recovery 96

Disaster Recovery Business Continuity Consulting BCM 96

everbridge

MARCH 6, 2025

Operational resilience has become a defining priority for organizations in sectors like finance and insurance, especially in the UK and Europe. By following the steps outlined above, businesses can ensure continuity during disruptions, maintain regulatory compliance, and protect their reputation.

Resilience 52

Resilience Financial Services Banking Manufacturing 52

Plan B Consulting

JANUARY 15, 2013

The only thing that was stopping him carrying out the slaughter was that he was waiting for the insurance person to arrive…. If this was a busy commuter line into a major city and your staff mainly come in to work by train you may have to put your business continuity plans into place to deal with the lack of staff.

Insurance 52

Insurance Insurance Continuity Planning Business Continuity 52