News

We’re still only on the second day of Business Continuity Awareness Week (BCAW) 2019 and we have another important news story… It was announced yesterday that Cow & Gate are recalling a batch of “Cheesy Broccoli Bake Stage 3 (10+ months)” because it may contain small pieces of blue rubber, which makes this product unsafe […]

I don’t know how it happens, but you can usually rely on one or more big news stories during Business Continuity Awareness Week (BCAW); most spectacularly the Wannacry attack on the eve of BCAW 2017.  This year, two days into BCAW, we have the announcement of the WhatsApp surveillance attack.  Whilst, in some ways, the […]

A recent academic study by Daniele Bianchi and Onur Kemal Tosun analysed the market reaction to 41 deliberate (ie criminal) security breaches that occurred in large US firms between 2004 and 2016.  The authors found that firms experiencing such a security breach experienced a loss in value of between 1 and 1.5% over a period […]

It’s that time of year again: bonfire night and the BCI Supply Chain Resilience Report!  The survey has now been going for ten years, and the 2018 report very much confirms the patterns seen in previous years: 56% of respondent organisations experienced one or more supply chain disruptions in the last 12 months (down slightly from […]

Regular readers may remember that back in November 2016 we blogged about a cyber attack on Tesco Bank in which money was taken from 20 000 customers and all on-line banking was suspended. At the time, Tesco Bank were seen to have managed some aspects of the incident very well: the fraud was detected promptly […]

The International Standards Organisation (ISO) has recently released its latest annual survey, covering the period up to 31st December 2017.  Whilst there has been continued rapid growth in a number of standards; the increase in certifications to the business continuity management standard, ISO 22301, has been a relatively modest 11%.  This brings the total number […]

Millions of users of on-line banking services have been hit this week by disruptions at three different banks.  Cashplus was the first bank to experience difficulties, the impact on customers was particularly severe as it is an on-line bank so people were unable to access their accounts, make cash withdrawals, or make or receive payments.  Then, […]