23 Business Continuity Statistics You Need to Know

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23 Business Continuity Statistics You Need to Know

By popular demand we are back to you with another practical and meaty article by Dale Shulmistra – this time on business continuity statistics.

Today’s stats reveal that small and mid-sized businesses (SMBs) have gotten better about embracing business continuity planning over the last few decades. Particularly following the attacks of September 11, 2001, and the ever-increasing reliance on business data, organizations have implemented stronger technologies and protocols to limit interruptions from unexpected disasters.

However, statistics suggest many organizations still face costly disruptions, due to a wide range of threats. Here’s a breakdown of the 23 most telling stats on business continuity and disaster recovery.

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In the Know...

McKinsey Technology Trends Outlook 2023: 15 Tech Trends

The promise and potential of generative AI has captured the public's imagination in the first half of 2023, but what other technology trends should be on your radar? McKinsey's Technology Council has once again identified and assessed the most significant technologies that could transform business and society. This year's trends are grouped into five broad categories - the AI revolution, building the digital future, compute and connectivity frontiers, cutting-edge engineering, and a sustainable world. Each trend includes scores for innovation and interest. Download the full report to understand the potential use cases and the skills needed to capture value from these technologies.

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Learning New Tricks: The Canadian Centre for Cybersecurity discusses how ransomware attacks are becoming increasingly sophisticated

Despite warnings, many companies are still not setting up basic protections.

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First Motions: Researchers have found a signal that occurs a couple hours in advance of major earthquakes

While still early, detection of this movement may allow for advanced warnings of disaster.

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Thinking in Advance: Five Scientists discuss how they plan for natural disasters

Considering both preparation and resiliency, these individuals are working to reduce the threats natural disasters pose.

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Making it Known: The SEC has announced a new rule indicating cyber breaches must be disclosed within four days

The rule will be limited to breaches where it’s determined to be serious enough to be material to investors.

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Building Change: The president of Nova Scotia’s Construction Association discusses how natural disasters can drive change in building codes

In conjunction, the province is working toward adopting Canada’s federal government’s 2020 National Building Code.

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Starting Anew: Many organizations need to rethink their cybersecurity approaches

One Size Fits All solutions often leave companies vulnerable to attacks at different levels.

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Industry Pulse

Ponemon Research: Understand the Serious Risks to Executives' Personal Cybersecurity & Digital Lives

With the proliferation of internet connected devices, the necessity of sharing network connections with friends and family and the frequent use of unsecured personal devices and private email accounts for work purposes, C-Suite personal data has become increasingly vulnerable.

The trend towards remote work and a constantly connected leadership division has stretched IT security staff to their limits. In an effort to allow executives to transition between their personal and professional lives while providing an optimal user experience, many CISOs have had to compromise their visibility into the private digital lives of their executives.

Ponemon Institute surveyed 553 IT and IT security practitioners who are knowledgeable about the programs and policies used to prevent cybersecurity threats against executives and their digital assets. The purpose of this research is to understand the risks created by the cybersecurity gap between the corporate office and executives’ protection at home.

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SeeMetrics Launches Security Performance Boards to help CISOs Measure Cybersecurity Effectiveness

Tel Aviv, July 26, 2023 –
Today, the vast majority of CISOs are required to prove the value of their security programs and tool stack. They are expected to quickly answer questions around performance, progress, and budget. Adding to the complexity is the increasing size of their security stack — the average global organization has more than 29 security solutions in place, constituting a mostly unmanageable situation due to the massive amounts of data generated nonstop.

SeeMetrics, the leading Cybersecurity Performance Management (CPM) platform that’s revolutionizing how security leaders measure, track, and improve security performance, today announced the launch of its new Cybersecurity Performance Boards. Organized by security domains, the new Cybersecurity Performance Boards are a collection of out-of-the box metrics that empower security leaders to measure the performance of their technologies, processes, and people in real time. SeeMetrics is the first ever data platform that drives cybersecurity performance assessment directly from the operational stack and “inside the perimeter”.

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