According to the Disaster Recovery Institute (DRI), the actual scope of work of a BC or resilience professional hasn’t really changed. Organizations still must have high-quality response and damage limitation plans formulated by skilled planners. The change in the resilience profession, however, is moving away from a technical specialization and into mainstream business risk management. DRI reports that consolidation of resilience disciplines has increased over the past year. The main result of this is that fewer organizations have independent business continuity departments, with BC professionals being incorporated into existing risk management or information security divisions.
Whether fire, flood, drought, earthquake, hurricane, political unrest or cyberattack, there is no place that organizations can go to be completely safe from disaster.
Cyber Governance Indexes, a performance benchmarks software, provides market-based proof that companies with good cyber governance outperform peers in shareholder value terms – and vice versa.
Danske Bank Group, Denmark’s largest financial institution and a top-100 world bank, has selected the March Networks’ video management software and hybrid recorders for advanced security at its corporate facilities in Copenhagen.
Cyber criminals are using a variety of methods to steal money from victims' bank accounts in illegal wire transfers, sometimes even raising the limit of a transfer to get more money.
In recent years, the banking industry has gone through a tremendous amount of change. While each one of these trends presents new opportunities, at the same time they’ve created a set of complex challenges.