From our Sponsor
Dynamic Risk: 3 Examples & How to Prepare Infographic
Physical threats are on the rise and the impact of each crisis has the potential to ripple throughout an organization.
Check out the Dynamic Risk: 3 Examples and How to Prepare Infographic for an overview of:
- 3 increasing threats in today’s risk landscape
- 3 real-world examples of dynamic risk
- 3 ways a proactive approach can mitigate impact on your people and operations
Meet the Expert
6 Reasons Not to Pay the Ransom in a Ransomware Attack
The ransomware threat is huge. By encrypting data, hackers effectively lock companies out of their computer systems, bringing operations to a halt and in some cases forcing businesses to shutter their doors permanently. Given these high stakes, it’s no surprise that many businesses are forced to consider giving hackers what they want — a ransom payment to decrypt the data. But should they? In most cases, the answer is no. Businesses should avoid paying the ransom unless they have no other viable options for survival. Dale Shulminstra explores the reasons.
Read the article >>
In the Know...
Hospital’s Cyber Attack Shows What Disruption Looks Like
Staffers at Johnson Memorial Health were just coming out of a weeks-long surge of covid-19 hospitalizations and deaths, fueled by the delta variant when it happened. On Oct.1, 2021 at 3 a.m. ET, a Friday, the hospital CEO’s phone rang with an urgent call letting him know the hospital got hacked. After the ransomware attack, the staff at Johnson Memorial suddenly had to revert to low-tech ways of patient care. They relied on pen and paper for medical records and notes, and sent runners between departments to take orders and deliver test results.
Read about their disruption >>Coming Soon: New AI tools may help with rapid predictions of extreme weather events
Looking at both global and more local scales, these tools can predict both weather trends and precipitation.
Read MoreSafe at Home: Younger Canadians are increasingly considering the threats posed by severe weather when buying homes
Whether via location, or the inclusion of additional insurance endorsements, individuals are taking care to avoid exposure to storms, floods, and wildfires.
Read MoreEverything Everywhere All at Once: The increased frequency and severity of natural disasters is driving up insurance costs around the world
Disaster reinsurers are also seeing their costs climb, resulting in higher prices, and insurance companies pulling out of some markets.
Read MoreSetting the Standard: The White House releases the first iteration of their National Cybersecurity Management Plan
The plan focuses on the national need for more capable cybersecurity actors, and the development of long-term cyber-resilience.
Read MoreMore than Necessary: Excessive access and privileges can lead to significant security risks
Organizations should regular review access rights to ensure people only have the minimum required.
Read MoreA Sudden Shift: Canadian police and emergency responders are considering moving from Twitter to Threads
Recent instabilities within Twitter have encouraged agencies to seek alternate platforms for communications.
Read MoreSponsor
Should your CEO be an active member of your crisis management team?
Resilient Journey’s recent podcast talks about important skills for your team -- trust, emotional intelligence, and coping mechanisms for high stress situations.
Listen and decide >>Sponsor
Resilience Summit 2023 London, Oct 16
The annual summit will include key speakers from academia, industry and professional groups who will discuss facets of organizational resilience plus multiple round table debates all-day long.
Learn more >>Industry Pulse
Your Insights Help Shape the Profession Take DRII International’s short survey!
In less than 10 minutes, you can help shape your profession by taking DRII’s annual risk survey. You’ll also be creating useful information for yourself and your peers. You know how you’re always looking for statistics to back up your budget requests or influence upper management? Well, the results of this survey are an important source of that very information for you as well as the media, analysts, and everyone concerned with resilience.
This year’s survey has been streamlined, updated, and it includes a new section on environmental, social and corporate governance (ESG), one of the hottest topics for resilience professionals today. All DRII needs now, is you.
Click here to take the survey >>The BCI Operational Resilience Report 2023
This 68-page report shows significant positive change in the understanding, adoption, and development of operational resilience programs during the past year. With new financial services regulation being rolled out around the world, together with non-FS sector organizations adopting operational resilience into their organizations over the past year – either for good practice purposes or the need to comply as a stakeholder of a regulated organization – a greater understanding and appreciation of operational resilience is clearly echoed in the research findings. You will find this report useful and it will likely serve an aid for building operational resilience programs within your own organization.
Login to download the report >>THE MARKETPLACE
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