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Is Your Business Continuity Plan Prepared to Respond to a Ransomware Attack?
It's pretty clear that cyberattacks (including ransomware attacks) have been on the rise for the past several years, causing loss of productivity, damage to reputation and, of course, impact on the bottom line. More than 50% of businesses surveyed in the Sophos Annual Ransomware Survey in 2020 suffered a significant ransomware attack. Globally, ransomware attacks are projected to cost close to $20 billion in 2021.
Have You Tried Virtual Tabletop Exercises?
It's time to look around and see what else we should be doing virtually -- for example, training, testing, and exercising your business continuity plan. More than likely, this plan hasn't been exercised for months (at least), and we all know that an untested plan can't be relied on in a crisis. With people still working at home, it's time to think about virtual tabletop exercises in order to ensure that your plan remains viable and up to date.
Can Employers Mandate COVID-19 Vaccinations?
Employers and employees alike are wondering… can vaccines be required for workers to return to the office? Seems like an easy answer since the law is clear that COVID-19 vaccination can be required as a condition of employment (with certain caveats). However, as the saying goes, nothing is as simple as it seems.
5 Tips to Improve Your Next Tabletop Exercise
Tabletop Exercises serve as critical tools for organizations to evaluate their business continuity plans and advance their processes. Like most other training methods, Tabletop Exercises cannot remain stagnant. They must be evaluated and further developed over time to include new considerations and opportunities. By following these five tips, you can improve your next Tabletop Exercise and impart essential skills to all participants.
Is NOW a good time to update your business continuity plan?
COVID-19 has been a decisive test of your business continuity plan, and it may still be challenging you today as the pandemic rages. So why would now be an optimal time to develop or revise your plan? For one thing, you likely learned a lot about what worked, what you might have done differently, and what definitely wasn't covered in your plan. For another, especially since we may face similar challenges over the next few months, you need to review your assumptions and decisions and identify any required changes. In reality, COVID-19 may not be the only crisis we face in the year or years ahead.
Human Capital and Emergency Succession Planning
The pandemic certainly has changed things - work, home life, school, socializing, etc. - in ways we would never have imagined. We work at home, school at home, socialize over Zoom, have our groceries delivered, and take all the precautions needed to keep ourselves and our families safe. At present, there is no real end in sight to COVID-19 and no view into what “normal” might look like in the future because the situation changes all the time. It’s hard to know if anyone has figured out the real impact of the pandemic on our home and work lives. For this reason, business continuity planning takes on even more importance since poor planning can hurt our ability to continue day-to-day operations.
Need a Business Continuity Consultant?
Many of the organizations that contact us about business continuity planning already have a BCP that (i) has no life yet, (ii) is on life support, or (iii) is not likely to survive. They desperately want help developing their plan and/or updating and maintaining it. Still often, they don’t know where to begin. Over the years, we have worked with many organizations and have developed some insight to help companies figure out what they need and who can best provide it.
What assumptions will guide your continuity planning going forward?
It's clear we have to rethink our business continuity planning assumptions in the light of the pandemic and think beyond hurricanes, fires, cyber-attacks, and others and figure out what else might challenge our resilience in the future. For one thing, I'll bet none of us assumed we needed to include preparations for a pandemic that would keep us all at home for weeks, nor did we choose a pandemic for one of our testing scenarios, even though H1N1 and SARS both occurred not too long ago.
More Articles ...
- Hurricane Season Meets Pandemic and Protests
- Cancel, Postpone, or Go Virtual? Handling the pandemic meetings challenge
- Returning to Work after COVID-19: What to Know and Do
- What Should You Be Doing Now to Prepare for the Next Crisis?
- Working at Home... What to do.
- Pandemic Planning: The Coronavirus and Business Continuity