Business continuity is full of concepts that are often confusing to the people charged with the added responsibility of managing risks at their organizations. To help you make sense of the ten most common terms, we’ve listed them below. Business Continuity Plan (BCP): the development of actionable plans to prepare for likely crisis events, ensure […]
santa’s rulesSanta has one of the most difficult jobs there is: delivering joy to every girl and boy in a single night. With the millions of required deliveries, he doesn’t have time to take chances on something going wrong. While the elves are hard at work making toys throughout the year, we assume Santa keeps busy designating which names end up on the Naughty and Nice lists. However, Santa has one other important list to double check throughout the year: his list of business threats and plans to overcome them.
In the business continuity profession, there are seemingly dozens of acronyms used to describe a multitude of intricacies within the industry: BIA, IMP, EAP, CMT, ICS—you get the idea. For many charged with the added responsibility of managing risks at their organization, it is easy to interchange a few of these terms. Two of the more common ones confused for each other are disaster recovery plans (DRPs) and business continuity plans (BCPs). Here, we’ve explained the difference between the two and why you need both. DRP vs. BCP: What’s the Difference?
Violence has many forms and can come from infinite sources, making it difficult to plan for all potential scenarios. But responding to the threat of violence, from both internal and external sources, is a much more manageable process if handled properly. Take, for example, the recent closing of the University of Chicago main campus in response to online threats of gun violence.
The Northern Plains and parts of the Upper Midwest endured a pounding from Winter Storm Delphi as some locations received over 9 inches of snow accumulation in a 24 hour period. In an area of the US already weakened by extreme winter weather, the arrival of Delphi has further strained resources and prompted hundreds of delays, closures, and accidents. In fact, reports from Minnesota alone indicate nearly 400 traffic accidents occurred across the state during that time.
Individuals and groups the world over are extending condolences and encouragement to the people of Paris as they recover from the tragic terrorist attacks that occurred last week. To help you and your team during this difficult time, we wanted to provide you with useful information on next steps your business can take to protect […]
On November 3rd, 2015, the Federal Financial Institutions Examination Council (FFIEC) issued a statement warning financial institutions of the increasing number of cyber-attacks used to extort money and other allowances from victims, a trend that is seen around the world. For example, news came out in September that several large financial organizations in the United Kingdom were being targeted by extortion cybercriminals in the DD4BC group for bitcoins. According to the report, 58% of the extortion ring’s targets were financial organizations (banks and credit unions, currency exchangers, and payment processors), and their monthly attacks increased 400% between September, 2014, and June, 2015. Likewise, representatives from Interpol expressed concern over the growing number of sophisticated cyber-attacks against banks in Russia, Eastern Europe, and other former Soviet states. One very active form of sophisticated attack referenced was cyber extortion.
In the midst of the E. coli outbreak linked to Chipotle restaurants in Washington and Oregon—usually a lunchtime staple for the busy worker—we are reminded that it’s that time of year again when potlucks and catered parties begin to fill the work week. Often, employees are asked to bring a dish and do so with the best intentions of impressing their coworkers with their culinary skills. Sometimes, however, these festive party participants leave a not-so-pleasant impression: food poisoning.
Not every relationship works out. In fact, some relationships end very badly. For businesses, the end of a bad relationship with a former employee can leave lasting negative impressions—for your reputation, for your work environment, and for your bottom line. Mishandling the firing process for any employee can create a bad taste, but mishandling the exit of a disgruntled employee can lead to costly repercussions that may significantly impact your business’ operations and reputation. In a September 2014 public service announcement, the FBI warned of an increase in computer network exploitation by disgruntled and/or former employees.
Weather is a powerful force that can greatly improve business or destroy it. Often, weather is predictable in a way that allows us to work around its intricacies so that we can counteract its force and maintain normal operations. Every two to seven years, however, a phenomenon known as El Niño occurs that presents weather variances which flip ordinary weather patterns to unseasonable extremes.