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Volume 31, Issue 4

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Industry Hot News

Industry Hot News (338)

Business continuity practitioners have plenty of reasons to be advocates for good fire and life safety practices at their organizations, even if that’s not one of their core responsibilities.

In today’s post, we’ll share 13 tips business continuity management (BCM) professionals can follow to make sure their companies are doing what they should to promote fire and life safety for their staff and facilities.

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https://www.mha-it.com/2019/01/16/fire-and-life-safety/

Moving Beyond Day-to-Day Data Cleansing

In the financial services industry, regulation on due process and fit-for-purpose data has grown increasingly prescriptive, and the risks of failing to implement a data quality policy can be far-reaching. In this article, Boyke Baboelal of Asset Control looks at how organizations can overcome these challenges by establishing and implementing an effective data quality framework consisting of data identification and risk assessment, data controls and data management.

Too many financial services organizations fail to implement effective data quality and risk management policies. When data comes in, they typically validate and cleanse it first before distributing it more widely. The emphasis is on preventing downstream systems from receiving erroneous data. That’s important, but by focusing on ad hoc incident resolution, organizations struggle to identify and address recurring data quality problems in a structural way.

To rectify this, they need to the ability to more continuously carry out analysis targeted at understanding their data quality and reporting on it over time. Very few organizations across the industry are currently doing this, and that’s a significant problem. After all, however much data cleansing an organization does, if it fails to track what was done in the past, it will not know how often specific data items contained gaps, completeness or accuracy issues, nor understand where those issues are most intensively clustered. Financial markets are in constant flux and can be fickle, and rules that screen data need to be periodically reassessed.

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https://www.corporatecomplianceinsights.com/how-to-establish-an-effective-data-quality-policy/

(TNS) — Tyler Cooper had a pile of work he needed to tackle at his desk in John Deere’s Cary office on Tuesday, but he and some of his coworkers decided to spend the day doing housework instead.

They boarded a bus in the early morning and headed to the rural Whitestocking community outside Burgaw, a section of Pender County where the Cape Fear River ran 10 feet deep across the landscape during flooding from Hurricane Florence last September.

They climbed into coveralls, put on protective goggles and breathing masks, and crawled under a house to start yanking out insulation still damp from the flood.

“There were a lot of people impacted by the storm,” Cooper said, dragging out torn sheets of ruined yellow fluff. “I just wanted to help out.”

Tens of thousands of homes across Eastern North Carolina were damaged by floodwaters from the storm, and five months later, many still have not been stripped to the studs so they can dry out and be rebuilt.

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http://www.govtech.com/em/disaster/Actual-Recovery-Just-Beginning-for-Some-Months-After-Hurricane-Florence.html

No business owner wants to think about a violent event happening at their workplace, but each year, more than 2 million American employees report having been a victim of various types of workplace violence. According the U.S. Bureau of Labor Statistics, 409 workers were fatally injured in work-related attacks in 2014. To put that into perspective, that’s about 16 percent of the 4,821 workplace fatalities in the same year.

What Are The Main Types Of Workplace Violence?

OSHA defines workplace violence as “any act or threat of physical violence, harassment, intimidation, or other threatening disruptive behavior that occurs at the work site. It ranges from threats and verbal abuse to physical assaults and even homicide. It can affect and involve employees, clients, customers, and visitors.”

The National Institute for Occupational Safety and Health reports that the types of workplace violence can be categorized into four buckets:

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https://www.alertmedia.com/blog/types-of-workplace-violence/

Thursday, 17 January 2019 14:48

HOW TO MITIGATE WORKPLACE VIOLENCE

Cloud adoption is increasing and, at the same time, advances in technology are occurring at a rapid pace. In this article Joe Kinsella looks at six trends which business continuity and enterprise risk managers need to be aware of.

As we move through 2019, organizations will begin to fully embrace the technological advances that move companies beyond standard adoption, and instead prompt organizations to redefine how they use cloud across lines of the business, specific applications and wider infrastructures. After years of discussing Cloud 2.0, we have finally welcomed in a new era of cloud. Looking ahead at this Cloud 3.0, we will continue to see impressive cloud adoption across all industries and with this, a resolute determination from the cloud industry to build solutions and integrated data tools that best meet user needs. The cloud space is evidently getting more crowded, complicated and competitive - but what will be the key trends that we can expect to see this year?

#1 The rise of multicloud deployment

In 2019, multicloud will become the most dominant approach as organizations deploy diverse clouds and operations within a single heterogeneous infrastructure in order to meet their different services and needs. It will continue to be used as a key strategy in bringing choice to the organization to pick and choose specific solutions as business requirements become more challenging due to increasing demand for digital transformation. 

Leaders will choose multi-cloud strategies to avoid dependence on a singular cloud provider and mitigate the risk of a single point of failure so to reduce impact and financial risk across the entire enterprise. In a time when security threats are at their greatest, leveraging two or more service providers will greatly decrease the risk of disaster during downtime.

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https://www.continuitycentral.com/index.php/news/technology/3637-cloud-and-technology-trends-to-look-out-for-in-2019

Survivors are still reeling from 2018’s natural disasters as the numbers are coming in: Global losses from disaster last year were 11,000 people dead or missing and $155 billion in damages, according to Swiss Re Group, the world’s second-largest reinsurer.

Estimates were 10,000 dead or missing and $350 billion for 2017, when three record-breaking hurricanes swept through the west Atlantic in the span of a month, and scientists only expect figures to get worse as climate change progresses. A study published Monday by the National Academy of Sciences showed Antarctica’s annual ice loss has increased sixfold since 1979, melting faster in each successive decade.

Tech companies that study data and make government software have taken notice, and a handful of platforms already offer ways to help governments prepare for natural disasters — Hazus is the hazard modeling tool already used by the U.S. Federal Emergency Management Agency, Esri is adding data analytics and AI to its GIS platform, and Denver-based Geospiza maps at-risk populations.

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http://www.govtech.com/biz/Former-FEMA-Admin-AI-Can-Marry-Urban-Planning-and-Disaster-Response.html

Like many people who work in Business Continuity, I didn’t enter the professional world with the intention of becoming a part of this niche industry. For the past 10 years I worked in public education as a Social Studies teacher, which at the beginning of my career, I thought I would do until retirement. However, as life rarely goes to plan, my mindset began to change as I developed a desire for a new career path, and I began to investigate other job fields where my skills from teaching would carry over. After a year-long search, I came across a company called BC in the Cloud which provided business continuity and disaster recovery planning software to other businesses. I believe my response to that was, “Oh cool…what is business continuity and disaster recovery?” After an explanation and some research, I found myself with two major trepidations about taking this career jump. The first concern was whether this career path offered the internal reward of helping other people that I would be giving up by leaving teaching. The other major concern I had was whether I possessed the knowledge and/or skill set necessary to be successful in this field.

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https://www.bcinthecloud.com/2018/12/attitude-for-resilience/

Tuesday, 15 January 2019 16:14

Attitude for Resilience

(TNS) - The sun had long set when the two men trudged up to the justice center in Shawnee and peered inside. They pulled open the door and entered the modern brick building that houses the police department and city offices, filming the scene with their cellphones.

No one approached them as they walked around, filming various items in the building. Then Patrick Roth turned the camera on his cohort, Tim Harper, who was wearing an orange shirt and a “Make America Great Again” ball cap and toted a gun in a holster on his right hip.

“Guys, he’s got four mags,” Roth said on the video he later posted on his YouTube channel, News Now Patrick, zooming in on the magazines that hold extra rounds of ammunition. “We’re in a police department. He’s open carrying.”

“Seventy-six rounds,” Harper said of his magazine capacity.

The two continued filming in the building for nearly 4 minutes before heading to the adjacent fire station to shoot more video.

The episode ended peacefully. That isn’t always the case.

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http://www.govtech.com/em/preparedness/-They-Roam-Public-Buildings-Making-Videos-Terrorism-Experts-say-They-May-be-Dangerous.html

(TNS) - With considerable fanfare, Los Angeles Mayor Eric Garcetti started the year by trumpeting a cellphone app that will instantly notify users in Los Angeles County when an earthquake of 5.0 or bigger begins to hit.

The pilot program, officially unveiled Jan. 3, can provide crucial seconds — even dozens of seconds — for people to duck and cover or otherwise take potentially lifesaving actions.

Dubbed ShakeAlertLA, it’s the first earthquake early warning system of its type in the country.

But that also means the rest of California continues without such alerts.

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http://www.govtech.com/em/preparedness/Los-Angeles-Earthquake-Early-Warning-System-Could-Save-Lives-but-What-About-the-Rest-of-California.html

A friend of mine likes to say that New York City is so expensive that just leaving your apartment will cost you $20. It cost me $100 to leave my apartment the other day – in fines for leaving a piece of furniture by the curb on a day not designated for “bulk trash removal.”

I get it: leaving bulky trash all over the sidewalk for days on end is an antisocial thing to do, especially in a crowded city. I wouldn’t have felt great about myself if a kid had somehow tripped and hurt herself on my discarded garbage.

My landlord could also have landed in legal trouble had that happened. That’s because NYC law makes property owners responsible for keeping sidewalks “reasonably safe” and clear of debris (with some exceptions). “Reasonably safe” also includes shoveling snow and ice – something I’m always grateful for after the occasional NYC blizzard.

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http://www.iii.org/insuranceindustryblog/sidewalk-liability-coverage/

Monday, 14 January 2019 16:49

SIDEWALK LIABILITY: ARE YOU COVERED?

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