August 21, 2014

Reputational Risk Remains Top Board Concern

boardroom

Amy Hutchens, general counsel and vice president of compliance and ethics services at Watermark Risk Management International is a contributing writer for this website bringing our reader’s attention to the importance of building strong relationships between organizational ethics and compliance objectives as related to Board Room driven discussions, decisions, policies and strategies. Amy often points out relevant and recent developing stories, articles or reports related to the building of that relationship --- Check out "Compliance Chiefs and Boards: Keys to Building Effective … [Read more...]

E-Discovery Newsletter of Notable Cases and Events

Photo courtesy of  ediscoverylawreview.com

In its ongoing effort to provide current and relevant updates regarding developments in the field of e-discovery, our staff would like to recommend a reading of the Sidley Austin LLP firm's current newsletter written by its in-house “E-Discovery Task Force” group. This group from Sidley Austin LLP works to stay abreast of the shifting legal landscape surrounding e-discovery. The most current update addresses the following recent developments and court decisions involving e-discovery issues: 1. A Northern District of Illinois ruling sanctioning a defendant company for failing to … [Read more...]

Emergency Preparedness Week in Canada

Is Your Family Prepared

Emergency Preparedness Week - CANADA – e.g. an opportunity to take an active role in your community and support a culture of disaster preparedness in Canada -- is May 5-11, 2013.   More people working together can better communicate the importance of emergency preparedness to all Canadians. Emergency Preparedness Week Emergency Preparedness Week is a national awareness initiative that has taken place annually since 1996, and, is also a collaborative event undertaken by provincial and territorial emergency management organizations supporting activities at the local level, in concert with … [Read more...]

National Hurricane Preparedness Week 2013 and Disaster Preparedness

National Hurricane Week

Disaster preparedness Getting the importance of disaster preparedness out to members of your family, members of your community and to your fellow workers remains one of the core missions of this website. With this week recognized as “National Hurricane Preparedness Week 2013”, it is important to remind everyone again to take advantage of all the comprehensive information available and to pass that information along to others in order for them to be better prepared in the event that any hurricane related events come their way. Click here to view a checklist provided on the Ready.gov … [Read more...]

ASQ Northern Virginia Section 0511 Meeting Announcement

Photo courtesy of ASQ Northern VA Section 0511

The larger the organization the more likely it is that there are written instructions about how things are done within that organization. This makes sure that nothing is left out and that everyone is clear about who needs to do what, when and how. When an organization systematizes how it does things, this is often known as a management system. With that thought in mind, it is not surprising to notice that ISO Management Systems are becoming increasingly popular with risk based standards for Information Security, Service Management and Business Continuity. How do these standards (along … [Read more...]

Cyber Security and Related Reputational Risks Explained in Free DRJ Webinar Offering

If you have any concerns about protecting the reputational risk of your organization, our staff recommends you to view a free webinar being offered from the Disaster Recovery Journal group. The title of the webinar is “Reputation Equals Revenue” and will be offered Wednesday June 12th at 12:00PM – 1:00PM (CDT). The effect of cyber security related risks on corporate and brand reputation is real.  And, because reputational damages are often measured in millions of dollars, unplanned downtime can carry far more than a "per hour" cost. Based on data from a new global study from IBM … [Read more...]

Cyber Risk Management App Offers Help in Keeping Ahead of the Curve in a Rapidly Changing Cyber Threat Landscape

Courtesy of desirulez.net

As one of the risk management options mentioned in an earlier cyber insurance related posting on this website, our staff would like to recommend the CyberEdge Mobile App for the iPad to cyber security risk management team members where you work. AIG “Cyber Risk Report 2013 This CyberEdge Mobile App was developed by the American International Group, Inc. (AIG) in response to a recent AIG survey and report, where it was found that 80% of executives and brokers find it very difficult – if not sometimes nearly impossible – to keep pace with defending against and mitigating risk related to cyber … [Read more...]

Social Media — The New Face of Disaster Response

Social Media

It is our staff’s assumption that many disaster preparedness, first responder or disaster recovery team members fully recognize the growing role which social media and its social networks play as the primary source of news and information when disasters occur. In a recent InfoGraphic, the University of San Francisco Online Master of Public Administration group organized findings from a variety of surveys which collectively bring home the fact that during disasters, social networks often replace 911 as the go-to source for help and assistance in many communities throughout the U.S. A … [Read more...]

ISO 22301 – Does It Matter?

Continuity Insights and Fusion Risk Management, Inc. - together - will host a webinar entitled: "Trending ISO 22301 -- Does It Matter?" on Wednesday May 29th at 3:00 PM EDT. ISO 22301 is the first converged standard in the DR/BC Industry. As a result, it is gaining momentum and is certainly a trending topic. But what does it mean to you and your organization? Where does it provide leadership and best practice, and where does it present the obvious or represent compromise? Most importantly, what aspects provide direction for opportunities to improve your program and deliver business … [Read more...]

Cyber Security and Its Importance to an Organization

photo courtesy of vpnchoice.com

For quite some time, business continuity professionals have been associating Cyber Security as an important Business Continuity Planning (BCP) concern, but, like so many other issues in the world of BCP, without full buy-in from upper management (or the Board of Directors), it will be almost impossible to truly implement effective Cyber Security policies, plans and procedures throughout any organization. With that point in mind, and to assist the process of increasing cyber security awareness in your company’s upper management, our staff recommends reading an article written by Edward B. … [Read more...]