Remove 2019 Remove Cyber Resilience Remove Disaster Recovery Remove Resilience
article thumbnail

What is Cyber Resilience and Why It Matters

Castellan

Resilience is all about the ability to recover quickly when faced with a challenge. For businesses, resilience is often tied directly to business continuity, where professionals are tasked with ensuring an organization can quickly adjust, adapt, respond, and recover from disruptions and disasters. What is Cyber Resilience?

article thumbnail

The Ocado fire – when disaster recovery becomes real

IT Governance BC

BCM can be applied to any form of disruption, including natural disasters such as flood and fire, and more modern threats like cyber attacks. Any downtime can be unacceptable given the pace of modern life, so it is essential for organisations to plan for disaster. Business continuity planning and disaster recovery planning.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Integrating Risk Disciplines: Business Continuity and Cyber Response

Castellan

As we reflect on lessons learned from our pandemic and multi-event response protocols, we can find many opportunities to improve business continuity practices to further solidify resilience. Cyber resilience is part of a much bigger picture and as such is evolving as a critical component of business continuity.

article thumbnail

Supply Chain Resiliency: Beyond Third-Party Risk Programs

FS-ISAC

We spoke with MassMutual CISO Ariel Weintraub about how firms need to go beyond third-party risk management to focus on supply chain resiliency, and the different thinking required to effectively build it. You cannot define your own resiliency based on the assumed resiliency of another component in the supply chain.

article thumbnail

Ransomware + Cryptocurrency = Costly for Your Business

NexusTek

In less than two years, the average ransomware payment went from $12,000 in Q4 2019 to $54,000 in Q1 2021. In 2019, a total of $92 million in cryptocurrency was sent to ransomware attackers; in 2020, that total rose to $406 million. Backup data and develop a disaster recovery plan.

article thumbnail

3 Ways to Prep Your Business IT for the Holiday Shopping Season

NexusTek

billion—32% more than in 2019, according to Adobe Analytics. In 2019, J. Kaspersky found that cyberattacks on holiday shoppers were up 15% in 2019, and last year, the most DDoS attacks in Q4 were on December 31 with 1,349 attacks recorded across the globe. November 3, 2021. The holiday shopping season is coming. Last year, U.S.

article thumbnail

An expert eye and an objective view: why get external support with your Business Continuity Planning

SRM

Research from the industry-respected Ponemon Institute reveals that 26 per cent of IT and IT security professionals from UK companies have some sort of cyber resilience plan, but that 49 per cent of these have not been updated or reviewed since they were first put in place.