Blog posts

​Business continuity and cyber security: two sides of the same coin

May 18, 2015 15:38 BST The Business Continuity Institute The increasingly connected world magnifies the impact of every outage or event. Costs associated with cyber attacks and data breaches are rising. We all know that data breaches and cyber attacks can cause a material disruption to business processes. The impact of lost data or unplanned downtime can be catastrophic, resulting in lost revenue, reputation and competitive position.

The Business Continuity Manager who kicked the hornets' nest

May 13, 2015 09:55 BST The Business Continuity Institute So why is business continuity management software so often maligned? Is it a case of limited value, flawed design or just unrealistic expectations? One of the major causes of failure to capture value on software projects is the lack of a firm grasp of the desired outcome and a clear perspective of how that outcome will be delivered.

The relevance of business continuity guidance for small and medium sized businesses

Apr 27, 2015 11:38 BST The Business Continuity Institute SME are susceptible to the same set of threats that are faced by the rest of the industry. The likelihood of such threats is different in an SME environment than for the general corporate world – for instance while an SME may face adverse weather and unplanned utility outage with perhaps the same probability or frequency, the risk of cyber-attack or data breach may be less likely.

How will disaster recovery testing have to change in the era of cloud?

Apr 17, 2015 15:19 BST The Business Continuity Institute ​In the interconnected, digital age, the dynamics relating to IT disaster recovery testing are changing. Adoption of new technologies and the gradual introduction of new business models are having an impact on the way business continuity and IT disaster recovery managers are planning for and conducting rehearsals and tests.

5 cognitive biases to recognize and resist

Apr 13, 2015 10:18 BST The Business Continuity Institute Risks and threats are not guaranteed. Probability will always play a part. Otherwise our investments would always pay off and we’d all be Wall Street millionaires. However, we as humans come psychologically hard-wired (each to different degrees) with certain cognitive biases that influence our understanding of probability and risk.

Hardening the organisation

Apr 01, 2015 10:55 BST The Business Continuity Institute The recent crises in western media all point to a systemic failure to manage context, risk, dependency, information, staff and crises in a proper manner. Our research team has spent the last four years looking at these problems and it is proposed that there is a stage beyond resilience called ‘hardening’ that makes organisations even more capable of resisting threats and attacks.

So what’s all this about black swans?

Mar 23, 2015 14:11 GMT The Business Continuity Institute So, first things first. What’s a black swan? Let’s get a definition out of the way: a black swan, to paraphrase Naseem Taleb, is an event that is (1) unpredictable, (2) massively game-changing and (3) in hindsight completely foreseeable. If it does not embody all three elements it’s not a black swan. Taleb says they’re rare – I say that’s changing.

Don't wait until it's too late to develop a business continuity plan

Mar 20, 2015 13:05 GMT The Business Continuity Institute In any business, there are always pressing issues that need immediate attention so it's easy for business owners to let developing a business continuity plan fall to the bottom of to-do lists. However, preparing a plan should be a priority for all business leaders, especially in Canada where extreme weather is known to wreak havoc on business operations.

Testing and exercising business continuity plans

Mar 19, 2015 09:50 GMT The Business Continuity Institute A crisis, if not fatal, represents an opportunity to look at a situation with new eyes and perspective, a chance for improvement and change, lessons to be learned next time. A crisis implies a crucial point which calls for an action, to decide how to react and what to do, to force us to look outside the box and actively seek opportunities. It is better to do this before a crisis.

Defining a resiliency strategy early to ensure complete business protection

Mar 18, 2015 15:30 GMT The Business Continuity Institute We are quickly coming to terms with the cloud evolution, realizing that the sense of urgency required to transform existing IT capabilities by leveraging new technologies that exploit automation is key to the overall success of the business. Providing uninterruptible service to the marketplace has not only become our number one priority, but is essential to staying in business.