Business continuity and risk management planning groups would benefit from reviewing the results of a new survey report recently released by the Business Continuity Institute and given the title “Horizon Scan 2012”.
In this report, four hundred and fifty eight (458) organizations — reporting from the U.K., USA, Australia, Canada and South Africa — during the period of 5-20 December, 2011, have indicated that business continuity practitioners are applying business continuity management to a wider range of threat categories than those with which the BC discipline is more traditionally associated, and, perhaps, equally important, it raises the question as to the extent that individual organizations can deal with these challenges by themselves.
A short list of the threats identified by survey participants in this report would include: unplanned IT/Telecom outage(s), adverse weather, cyber-attack, acts of terrorism, utility interruption(s), availability of workforce(s), new laws and/or regulations, social/civil unrest, major customer/supplier disruption(s), or the availability/cost of credit/finance.
Of particular importance and/or interest is the section dealing with the evaluation of threats as perceived by the primary activities of operational groups within an organization — e.g. the top three threats as seen by the information and communications group are stated as: (1) unplanned IT / Telecom outage, (2) Data breach and (3) Cyber-attack …..While the top three evaluated threats as seen by the manufacturing group are: (1) Supply chain disruption, (2) Unplanned IT/Telecom outage, and (3) Product safety incident.
Our staff recommends that this report be added to the reading resource libraries of those disaster preparedness, crisis management and/or risk management planning teams in your enterprise level organizations. And, if you are a private sector smaller company, please share this information with your PS-Prep strategy planning groups.
Click here to read more, and to download and view the full report.
Again, we thank the Business Continuity Institute for making this resource available to all BC/DR planning teams.