Companies are playing it safe when developing new products and services, research shows.
A new study by Accenture revealed that nearly half of executives feel their businesses have become more risk averse when considering new ideas. Instead of inventing new products and services, 64 percent of companies focus more on product-line extensions.
In the summer of 1968, a new strain of influenza appeared in Hong Kong. This strain, known as H3N2, spread around the globe and eventually killed an estimated 1 million people.
A new study from MIT reveals that there are many strains of H3N2 circulating in birds and pigs that are genetically similar to the 1968 strain and have the potential to generate a pandemic if they leap to humans. The researchers, led by Ram Sasisekharan, the Alfred H. Caspary Professor of Biological Engineering at MIT, also found that current flu vaccines might not offer protection against these strains.
“There are indeed examples of H3N2 that we need to be concerned about,” says Sasisekharan, who is also a member of MIT’s Koch Institute for Integrative Cancer Research. “From a pandemic-preparedness point of view, we should potentially start including some of these H3 strains as part of influenza vaccines.”
Security and technology heads at top Australian organisations say the impact of a mandatory data breach reporting scheme on businesses will largely depend on what the Federal Government determines are 'reasonable' security controls.
Plans for a data breach notification scheme were shared with a small number of stakeholders as the Exposure Draft Privacy Amendment (Privacy Alerts) Bill 2013, obtained by SC.
The scheme was recommended by the Australian Law Reform Commission in 2008 and would force organisations to notify the Federal Privacy Commissioner, affected consumers and on occasion the media when data breaches occur.
I was walking my dog, Barney recently when someone stopped to say hello. To him, not me – he’s always the first one that people talk to, I can’t think why. “I love Springer Spaniels,” she said, when she eventually acknowledged my presence, “in fact I have two myself.”
Business continuity is a big deal. Having your infrastructure up and running in the case of an outage, a disaster, or some other unforeseen event can make the difference between generating more revenue (based in large part on your consistency as a business) and losing untold dollars and credibility.
One of the hallmarks of the new, distributed and mobile workforce is BYOD, a movement that is increasingly enabled by innovative cloud technologies. BYOD has great virtues for an organization, especially in the instances where business continuity planning comes into play. If your workforce can still access their communication and collaboration tools, any disruption to business as usual can be mitigated.
Determining an organization’s tolerance for loss is a key first step in preparing for disaster recovery. The cost a business incurs to maintain a suitable disaster recovery plan depends largely on how closely it relies on IT for its revenue.
This is true for any sized business from the large online vendors such as Zalora.com or Xinmsn.com to SMEs with a small online cart.
For example, companies like Amazon or Google depend so heavily on its IT infrastructure that its tolerance for outages is zero, whereas a factory in rural Malaysia might have a higher tolerance for outages or even data loss.
India has made encouraging progress in recent years to put in place mechanisms for disaster prevention and mitigation, but there is still a long way to go and local communities must be involved in the effort, Prime Minister Manmohan Singh said Monday.
Addressing the first session of the National Platform for Disaster Risk Reduction (NPDRR) here, the prime minister called for greater attention to arrangements for providing funds to people to cope with losses suffered in the wake of natural disasters.
"Disaster management is an area of vital national importance to our country, and I believe that the integration of disaster risk reduction strategies into our development initiatives must necessarily involve local communities. We must make full use of our Panchayat Raj institutions to achieve this objective," the prime minister said.
If somebody asked you to do the exact same work over and over again, would you think that was a smart thing to do? Of course not. But that’s exactly what many of us are doing in our backup environments.
There are a lot of technology approaches to backup, and all of them have to deal with ever increasing amounts of data. But they are not all equally smart. In fact, when you look at them a certain way they can be downright stupid. And while “Dumb and Dumber” may have been quite popular as a movie, it shouldn’t serve as an approach to backup.
Emergency medical technology (EMT) students at San Jacinto College in Houston were plenty busy recently learning proper procedures for a rescue demonstration all the while dodging flying paintballs.
It was part of a training exercise that points to the importance of communication and teamwork, even during the heat of a scenario like a shooting or bombing. San Jacinto College North (there are two programs, North and Central) instructor and Army veteran, Ali Shah said the paintball exercise is a “watered down” version of the Tactical Combat Casualty Care course that soldiers experience in the military.
As the current Terrorism Risk Insurance Act (TRIA) moves closer to its scheduled expiration date of December 31, 2014, the debate is heating up over whether the federal backstop remains necessary and whether the market demand for terrorism coverage still exists. According to the Marsh 2013 Terrorism Risk Insurance Report, released April 30, demand for coverage has remained both steady and strong. These results only reinforce the need for a long-term extension of the terrorism backstop.
During the first full year of TRIA, only 27% of organizations obtained terrorism coverage as the market was still adjusting to the TRIA program and the fallout from the 9/11 attacks. Since that time, take-up rates have grown steadily. By 2005 the take-up rate for terrorism insurance was 58%. Today the rate is more than 60%—where it has been since 2009. The take-up rates are highest among companies with total insured value (TIV) over $500 million, but even those companies with less than $100 million in TIV obtained terrorism insurance at a 59% rate in 2012.