everbridge

DECEMBER 19, 2023

By Eric Boger, VP Risk Intelligence As we approach the end of 2023, it’s vital to reflect on the transformative year in the field of critical event management. Simultaneously, the realm of global risk intelligence, early warning systems, and the broader scope of duty of care obligations continue to evolve.

Management 59

Management Travel Vulnerability Cybersecurity 59

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

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

Stratogrid Advisory

JUNE 3, 2020

Business Continuity Planning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. We recognize that many business continuity planning terms and industry-leading methodologies can be foreign to your organization.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Business Continuity Planning Guide for Smaller Organizations. Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient. ARTICLE SECTIONS.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

CCEM Strategies

NOVEMBER 9, 2023

1 Of the top 10 most expensive natural disasters in terms of insurance payouts in Canada, floods are responsible for four. The Insurance Bureau of Canada states that the insured damage of this event was $675 million. Relocate critical equipment Consider the scenario of what will be affected if water enters your business. What

Emergency Planning 52

Emergency Planning Insurance Insurance Damage Assessment 52

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

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 87

Insurance Insurance Outsourcing Mitigation 87

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 52

Business Continuity Insurance Insurance Crisis Management 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 52

Business Continuity Insurance Insurance Crisis Management 52

Emergency Planning

MARCH 23, 2022

Climate change will increase the magnitude and frequency of extreme meteorological events. Resilience’ is defined as the ability to absorb and resist the impact of a major adverse event and to recover promptly. The business continuity plans will function in parallel to emergency response plans. Preamble 1.1

Resilience 244

Resilience All-Hazards Emergency Planning Hazard 244

everbridge

MARCH 6, 2023

According to research conducted by Verdantix , “more than half of organizations have less than $1 million to respond to catastrophic events, and 41% of participants stated that they had no budget at all for catastrophic events” (Navigating Climate Threats and Proactive Mechanisms to Achieve Business Climate Resilience, November 2022).

Resilience 52

Resilience All-Hazards Command Center Insurance 52

MHA Consulting

MARCH 21, 2024

A company called Change Healthcare, which is the largest electronic clearinghouse for medical insurance payments in the country, was struck by hackers who stole patient data and encrypted company files, demanding payment to unlock them. health care system in American history.” Data breaches generally do not affect day-to-day operations.

Healthcare 52

Healthcare Hospitality Resilience Insurance 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 74

BCM Impact Analysis Business Continuity Banking 74

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. This information will be important after an event when determining if there is too much snow on the roof. Assess your exposure.

Insurance 129

Insurance Insurance Outage Alert 129

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 84

BCM Risk Management Mitigation Business Continuity 84

Plan B Consulting

APRIL 2, 2024

This is a classic business continuity and emergency response incident, and I thought I would examine it through the lens of a couple of risk management concepts: black swan events and Reason’s Swiss cheese theory. Black swan events, popularised by Nassim Nicholas Taleb, are rare events that have a major impact when they occur.

Banking 52

Banking Insurance Insurance Mitigation 52

FEI

AUGUST 19, 2021

We help our customers prepare for, respond to, and recover from catastrophic or overwhelming events. In our 40-year history, FEI has responded to more than a hundred crisis events. Examples include 9/11, the crash of Egypt Air 990 into the Atlantic, terroristic events in France and Pakistan, and multiple natural disasters.

Crisis Management 98

Crisis Management Healthcare Pandemic 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 90

Risk Management BCM Management All-Hazards 90

MHA Consulting

MARCH 14, 2024

Related on MHA Consulting: The ABCs of ERM: The Rise of Enterprise Risk Management Introducing Enterprise Risk Management In addition to being a business continuity consultant, I’m a business owner. It helps organizations reduce risk, outages, impacts, and costs, such as insurance costs. ERM is all about reducing.

Risk Management 52

Risk Management Management All-Hazards Mitigation 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

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 87

Disaster Recovery Business Continuity Consulting BCM 87

Online Computers

OCTOBER 28, 2023

Count yourself lucky if your business was spared of these calamities. Many other businesses are not so fortunate, as such data loss events forced many companies to shut down for good. While many CEOs and business owners still aren’t very tech-savvy today, it’s in their best interest to be IT-conversant.

Backup 52

Backup Disaster Recovery BCP Failover 52

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 78

Disaster Recovery Business Continuity Consulting BCM 78

Castellan

AUGUST 2, 2022

Half of the respondents to the Business Continuity Institute (BCI) 2022 Extreme Weather and Climate Report say their organization has experienced delays or disruptions acquiring key products because of the impact of climate-related events on the supply chain. Get the Business Continuity Accountability Guide.

Response Plan 52

Response Plan Resilience Business Continuity Communications 52

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 97

Cybersecurity Backup Authentication Insurance 97

Erwood Group

APRIL 5, 2022

Even seemingly small events can have major impacts on a business. Consider the following events causing major impacts to businesses: A car hit a fire hydrant in front of an antique bookstore causing damage to 1,500 antique books costing $300,000 in restoration and repairs. Maintain business reputation and share price.

Impact Analysis 52

Impact Analysis Insurance Insurance Disaster Recovery 52

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

Pure Storage

MARCH 21, 2022

A key part of preparing for a security event is ensuring you have the people and the technology you need to help you recover as quickly as possible. Creating an emergency response team (ERT) is a critical step I recommend organizations take before an event. Retrieving lost data from physical and virtual devices. Investor Relations.

Emergency Response 105

Emergency Response Emergency Response Backup Outsourcing 105

IT Governance BC

NOVEMBER 7, 2018

All organisations experience disruptions, whether that’s from a cyber attack, IT failure, weather event or something else, and they need to be prepared. Along with business continuity planning , it’s an essential strategy for managing the ever-increasing risk of disruption. Why you need a disaster recovery plan.

Disaster Recovery 85

Disaster Recovery Impact Analysis Insurance Insurance 85

Solutions Review

MARCH 29, 2024

Case Study: Veeam Helps Fort Lauderdale Radically Reduce Data Recovery Time Along with meeting the city’s requirements for secure, flexible data protection, Veeam helped Fort Lauderdale standardize, modernize and centralize its disaster recovery and future business continuity efforts plans. Read on for more.

Disaster Recovery 52

Disaster Recovery High Availability Insurance Insurance 52

Fusion Risk Management

SEPTEMBER 12, 2022

Technology firms that do business in the supply chain ecosystem of highly regulated entities must respond to RFP (request for proposal) requests understanding their back-end IT security, disaster recovery, compliance, and privacy programs. Ability to Procure Cyber Insurance.

Resilience 52

Resilience Insurance Insurance Audit 52

Online Computers

AUGUST 19, 2022

In this blog post, we will discuss five reasons why backups are critical to business success. Data backup is the process of making copies of data so that they can be used to restore the original files in case of a data loss event. In the event of a disaster, your business must see to it that your people and processes are secured.

Backup 52

Backup Disaster Preparedness Disaster Recovery Business Continuity 52

Castellan

FEBRUARY 7, 2022

When you hear about these events, how often, as a business professional, do you stop and wonder if something like this could happen to your organization? It’s about your organization’s ability to bend in the wake of a cyber event, not break, regardless of threat type or complexity. Fines and lawsuits. More and more breaches.

Cyber Resilience 98

Cyber Resilience Resilience Response Plan Consulting 98

CCEM Strategies

OCTOBER 7, 2020

According to the Insurance Bureau of Canada , over 60% of British Columbians live in a region where some of the largest earthquakes in the world occur. Here are a few things to consider when preparing for earthquakes in your emergency management and business continuity plans: 1. Does your business operate on the coast?

Insurance 52

Insurance Insurance All-Hazards Hazard 52

MHA Consulting

FEBRUARY 16, 2023

This post is part of BCM Basics, a series of occasional, entry-level blogs on some of the key concepts in business continuity management. In our experience at MHA, most organizations do pretty well with the tactical side of CM—writing plans to accomplish the CM priorities and executing on them when an event occurs.

Crisis Management 81

Crisis Management Strategic BCM Management 81

Disaster Safety

DECEMBER 23, 2021

Before a winter weather event. If you have self-regulating heating cables on your roof, ensure they are turned on before the event. During a winter event. After a winter event. A business sign that says Open on cafe or restaurant hang on door at entrance. Activate your business continuity plan.

Alert 80

Alert Outage Insurance Insurance 80