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Business Continuity Risks: Trends in 2018

Business Continuity Risks: Trends in 2018

Business continuity threats vary depending on the circumstances that affect an organization. However, there are sevenemerging trends that pose continuity risks to businesses globally and across industries. According to business broker Cress V. Diglio, it is essential for business leaders to stay abreast and watch out for these corporate threats to avert possible disruptions in operations, losses, or, in the worst case scenario, business closure.

 

Below we list down seven emerging trends that businesses around the world should prepare for.

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The 7 Step Guide to Creating A Fire Evacuation Plan For Your Business

The 7 Step Guide to Creating A Fire Evacuation Plan For Your Business

This article first appeared on the AlertMedia blog

When a fire threatens your employees and business, chaos and confusion can reign.

Construction fires often move so quickly that workers are forced to do what they can to survive. When an office tower in Sydney, Australia caught fire earlier this year, construction workers on scaffolding had to scramble to safety when the exterior of the building was transformed into a wall of flames.

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Workplace Violence Statistics 2018: A Growing Problem

Workplace Violence Statistics 2018: A Growing Problem

Originally posted on Alertfind's blog.

Workplace violence is one of the major causes of deathin the corporate world, second only to transportation. This growing issue can have very damaging effects on morale, reputation and revenue; making it something business have to address now.

Workplace violence is defined by the Occupational Safety and Health Administration (OSHA) as any act or threat of physical violence, harassment, intimidation or other threatening disruptive behavior that occurs at the worksite.

Violence has had a major impact on the workplace, accounting for about 9 percent of all workplace fatalities in 2015, according to the U.S. Bureau of Labor Statistics. The National Safety Council reports that in 2016, 17% of workplace deaths were the result of violence.

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The True Impact of Wildfires on Business

The True Impact of Wildfires on Business

This article first appeared on the AlertMedia blog

Wildfire season is here and businesses have a lot at stake. The far-reaching impact of wildfires on business is astounding, but there are proactive steps a company can take.

The Devastation of Wildfires

In the hot, dry summer months, people have more to worry about than a sunburn. Wildfires can break out at any moment, putting homes and businesses at risk. Whether from a lightning strike, a fallen electrical pole, a cigarette, or a campfire; a single spark can quickly turn into a massive wildfire that can cause irreparable damage.

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CLIP: The Key to Cutting the Cost of a Crisis

CLIP: The Key to Cutting the Cost of a Crisis

Originally posted on Rentsys Recovery Services' blog.

 

Science fiction writer H.G. Wells said, The crisis of today is the joke of tomorrow. Its true — think about how political cartoonists pounce on breaches and corporate scandals. If youre responsible for crisis management at your organization, however, the cost of a crisis is anything but funny. For example, if you experience a data breach, youre looking at an average total cost of $3.86 million, or $148 per stolen record. Whether youre facing a breach or a public relations fiasco, the key to reducing the cost of a crisis is CLIP:

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In an incident, put your best face forward!

In an incident, put your best face forward!

This post is a "Flashback Friday" post we did a little while ago.  The lessons are still valid, so we thought we'd share.  Enjoy!

 

The Gulf of Mexico Oil Spill is a horrible natural disaster that the area might never recover from.  This much is known.  Many people have asked why we haven’t written anything on our blog about it.  So why we aren’t using it when it comes to business interruptions?  The answer is simple; it is such a massive incident that most people can’t wrap their heads around it.  They think “we aren’t a petroleum company, so it doesn’t apply.”  While that is true, I was reading an article about how BP share prices have dropped for the second day in a row.  Half way down this article, there is a perfect Business Continuity piece that ties back to handling the media (for more info, see the articles here and here).  The following helps tie it all together:

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Selling Business Continuity Planning to the Modern C-Suite

Selling Business Continuity Planning to the Modern C-Suite

Originally posted on Rentsys Recovery Services' blog.

 

When talking about the benefits of business continuity planning, industry vendors and business continuity planners typically tout one overarching benefit: When affected by a business interruption, having a plan drastically increases your odds of preserving revenue and keeping your doors open.

We’ve talked before about how to get buy-in by presenting business continuity as a tool for business growth. However, it’s also important to get support from each individual member of the C-suite by speaking their language. Keep in mind, though, that each member of today’s C-suite has different priorities than they did a decade ago. To make a compelling case for the diverse benefits of business continuity, emphasize how it helps each executive meet their specific goals and alleviates their pain points.

Below you’ll learn about the major concerns each member of the C-suite is facing, as well as how you can position business continuity in a way that resonates with them.

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How Leading Companies Prepare for and Recover from Hurricanes

How Leading Companies Prepare for and Recover from Hurricanes

Originally published as on the AlertMedia blog.

 

In a typical year, the U.S. experiences 12 named storms, six hurricanes, and three major hurricanes. “Typical,” however, doesn’t describe our last season. In 2017, there were 17 named storms, 10 hurricanes, and six major hurricanes. The NOAA attributes the irregularity on “the lack of El Niño conditions in the equatorial Pacific, with La Niña conditions developing near the end of the season.” Experts don't expect the 2018 season to fare much better.

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Become An Emergency Preparedness Advocate For Your Organization

Become An Emergency Preparedness Advocate For Your Organization

Originally posted on Alertfind's blog.

Emergency preparedness expert Daniella Miller joins Danielle Ricci, VP of Marketing for AlertFind, to discuss how she created a grassroots campaign to educate and promote personal preparedness at a Fortune 500 company.

In our upcoming webinar, she’ll discuss how she used Yammer to reach out to employees on every level of the company and the metrics she used to measure success as an emergency preparedness advocate.

Here are some highlights from their conversation:

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Inter Cloud Disaster Recovery

Inter Cloud Disaster Recovery

NOTE TO READER: This post is a post from guest blogger Chris Lawless, VP of Product Management at Dbvisit.

More and more IT organizations are looking at the cloud. There are a variety of reasons why organizations would move their Oracle databases to the cloud. Discover our team’s instructions here. One fear that I hear from many people when talking about the cloud is that they would be ‘locked in’. Vendor lock in is a real fear when talking about hardware, database software and applications. Each of these important pieces have their own challenges regarding ‘lock in’. But being locked into a cloud vendor seems to loom even larger. Many think of it as the Roach motel. You can check in but you can’t check out. With data being the lifeblood of the organization, this is a fear hard to overcome.

Let’s look at a few reasons why organizations fear vendor lock in within a cloud environment. The first reason that may come to mind is pricing. Companies may have been enticed to the cloud with the promise of lower prices. If you don’t sign a long-term contract, you may be hit with rising prices. Or you may not have achieved a significant cost saving in the cloud. If prices go up and you have no contingency plans, you may be stuck paying.img src="https://www.kingsbridgebcp.com/site/wp-content/uploads/2018/07/full-cloud-based-solution-300x144.png" srcset="https://www.kingsbridgebcp.com/site/wp-content/uploads/2018/07/full-cloud-based-solution-300x144.png 300w, /https://www.kingsbridgebcp.com/site/wp-content/uploads/2018/07/full-cloud-based-solution.png 497w" sizes="(max-width: 300px) 100vw, 300px" style="box-sizing: border-box; vertical-align: middle; max-width: 100%; float: right; margin: 5px 0px 20px 20px; height: auto !important;">

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Securing Nutanix Infrastructure with Cloud Backup

Securing Nutanix Infrastructure with Cloud Backup

Nutanix delivers hyper-converged infrastructure which can be deployed on-premises or in the cloud. The infrastructures facilitates the deployment of Virtual Machines (VMs) using Hyper-V, VMware or Acropolis hypervisors. The solution is pretty good for enterprise storage requirements but it does not protect enterprise workloads from data loss. Without a reliable backup strategy, organizations risk their important data despite having setup enterprise-level infrastructures. That’s why enterprises should deploy cloud backup to make their workloads data loss-proof.

Deploying Cloud Backup for Nutanix Hyper-converged Infrastructure

Nutanix hyper-converged infrastructure comes in two basic forms: on-premises infrastructure and cloud based infrastructure. Depending on the vendor, businesses can setup cloud backups for both kinds of infrastructures.

For the virtualization layer, Nutanix infrastructure can be setup with Microsoft Hyper-V, VMware or Acropolis hypervisors.

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3-2-1 rule

3-2-1 rule

NOTE TO READER: This post is a post from guest blogger Chris Lawless, VP of Product Management at Dbvisit.

No not BLAST OFF!! Backup! Many of you have heard of the phrase before, when it comes to business continuity regarding your Oracle database. But I think it is one of those topics that is so important it needs another mention. Something that IT organizations should review every so often. The “3-2-1 rule” phrase is really quite simple.

3 Keep three copies of your data

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Big or Small? They are all disasters

Big or Small? They are all disasters

Big Disasters

When you think of disasters what do you think of?  Flood, massive power outage, fire, and pandemic are probably at the top of your list.  That’s ok, big disasters always grab the headlines.  In addition, there are all events that we can’t really control; the hurricanes are going to happen, the power does go out, fires happen sometimes due to human error, and health crises are still one of the large mysteries of life.  So for these events that may or may not happen, you understand the need to have a business continuity plan (BCP).  Since you’re reading this blog post, I assume you have such a BCP in place to keep your business working efficiently when “disaster” strikes.

Small Disasters

But what about small disasters?  Are they a lower risk to business’?  One that comes to mind and is in the news again – disrupted travel plans.  The impact from the April 13 eruption of a volcano on Iceland’s Eyjafjallajokull glacier was felt worldwide.  We all know someone, perhaps even you, who had to shuffle travel plans.  Or worse, were stranded in an airport with no chance of making it home or to that all-important business meeting.  For the first few days of airport closures, people were taking things in stride, you adjusted your meetings pushing them ahead a few days, convinced that you’d be on your way soon enough.

Then the delays continued.  Airports throughout Europe remain closed.  You or your business partners are trapped.  Slowly but surely, things are getting more stressful.  Meetings are canceled.  Potential business deals fall through.  There is only so much business you can conduct over Skype and with your laptop in an airport!

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Hurricane Season Is Here. Is Your Organization Ready?

Hurricane Season Is Here. Is Your Organization Ready?

Originally posted on Alertfind's blog.

Hurricane preparedness expert Joe Trainor joins Danielle Ricci, Sr. Director of Marketing for AlertFind, to discuss why organizations need to move beyond the typical advice and ask themselves a series of key questions when creating their hurricane preparedness plan.

In our upcoming webinar, he’ll discuss the role that organizations play in reviving their communities and the ways they can better support their employees during a major storm.

Here are some highlights from their conversation:

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How Communication Systems are Key to Hurricane Preparedness

How Communication Systems are Key to Hurricane Preparedness

Originally published on the AlertMedia blog.

 

Hurricanes are fast, furious and can last for days. Are you prepared to effectively and efficiently communicate with your employees before, during, and after one hits? The average life of a hurricane is nine days and it is most destructive during its first 12 hours onshore. As you think about preparing your business for a hurricane, you want to keep organizational communication top of mind to help mitigate losses and improve safety outcomes for your people

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Emergency Notification Systems For Healthcare Organizations: Emergency Alerting Tips

Emergency Notification Systems For Healthcare Organizations: Emergency Alerting Tips

Originally posted on Alertfind's blog.

As part of the new CMS Emergency Preparedness Rule, healthcare organizations need to be able to communicate with their personnel during an emergency. As part of their overall plan, many providers use an emergency notification system.

But just having an ENS isn’t enough. With a little time and some planning, healthcare organizations can improve their preparedness by creating prewritten alerts and using their ENS to target their communications to specific roles within their organization.

Why Is Communication So Important To The Emergency Preparedness Process?

Communication is one of the four pillars (along with assessing threats, setting policies and procedures and implementing training and exercises) of the CMS Emergency Preparedness Rule.

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Suzi's Sticky Notes

Suzi's Sticky Notes

In my long career as a Business Continuity and Risk Management professional, I’ve had opportunities to learn the hard way that the smallest things can stop the forward progress of recovery.   While I have numerous examples, today’s article is about sticky notes, specifically Suzi’s.

The background of this lesson is: I held a recovery planning meeting with one of the teams from a global organization where we documented their checklist of options for responding to the building being unavailable with relocation required.   It was a straight forward conversation with their team leaders and one or two key staff.   We collected items they wanted stored offsite.   It was an accounting team, so they had extra check stock, backup signature stamp and a few forms needed if systems were down.   Nothing out of the ordinary. They assured me if we had something come up now, they would be ready to move and could get along well until systems were online. I was happy thinking they were prepared.

At a subsequent DR test for the accounting systems, we took the opportunity to have this team activate their business recovery plan for a day by working at a hot site.   It was scheduled ahead, communicated clearly and everything was moving along smoothly early in the day of the test. They set up their work areas, team members were briefed on what they needed to test as the system came back online and instructed they then needed to begin working from this location for the remainder of the day.   They tested their recovered data, finding all as it should’ve been, then started to process normal daily business.  

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How To Keep Your Cryptocurrency Wallets Safe

How To Keep Your Cryptocurrency Wallets Safe

There are many obstacles that first-timers to the cryptocurrency world face, and security is usually first on their list. Security of digital funds is one of the most serious fears in cryptocurrency markets.

Because of the decentralized nature of cryptocurrency, no entity can guarantee the protection of your funds, nor offer you compensation for any wrong handling or losses suffered by inadequate security measures.

It is important that cryptocurrency investors know the basic concept behind blockchain security and the correct handling of their funds. To help with this, IBA Group blockchain accountants have come up with some basic methods of blockchain security and the best way to protect yourself as well as your digital assets.

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Backups vs DisasterRecovery

Backups vs DisasterRecovery

NOTE TO READER: KingsBridge and Dbvisit have entered into a partnership with guest posts going to each others blog.  This post is from Chris Lawless, VP of Product Management.

As Dbvisitors, we talk to a lot of people about Disaster Recovery. At conferences, Oracle events, partner meetings and in day to day life we end up talking about DR all the time. You might call it the world we live in. We often get asked about backups and people inquire if backups are ‘enough’. So let’s talk about it.

Backups! First I have to say that I love RMAN. I remember making scripts to do hot backups, cold backups, full backups, partial backups and having to work around schedules to get this all done. Then Oracle introduced Recovery Manager (RMAN), and each version kept getting better and better. It really simplified the job of the DBA, allowing us to concentrate on thinking about the big picture of backups vs the tedious task of backups. My colleague, Anton Els has a great blog about RMAN and its many uses.

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Beat Hurricane Season with Emergency Notification Templates

Beat Hurricane Season with Emergency Notification Templates

Originally published on the AlertMedia blog.

NOAA recently released their 2018 hurricane predictions and the Atlantic and Gulf coasts are expected to have a near- or above-normal season. Secretary of Commerce Wilbur Ross said, “The devastating hurricane season of 2017 demonstrated the necessity for prompt and accurate hurricane forecasts.” The same could be said about communications.

As businesses and organizations craft their hurricane preparedness plans, it is vital to business continuity and employee safety that hurricane communications are relevant and can be sent rapidly as conditions change. The fastest way to ensure every employee receives the right message at the right time is to utilize hurricane notification templates. Modern emergency communications solutions will provide templates that companies can send across all communication channels, including email, text, push notifications and phone calls.

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