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Continuity and Resilience (CORE)ISO 22301 BCM Consulting FirmPresentations by speakers at the
4th India Business & IT Resilience Summit 7th October, 2016 | Hotel Hilton, Mumbai India
Our Contact Details:
INDIA UAE
Continuity and ResilienceLevel 15,Eros Corporate Tower
Nehru Place ,New Delhi-110019Tel: +91 11 41055534/ +91 11 41613033
Fax: ++91 11 41055535Email: [email protected]
Continuity and ResilienceP. O. Box 127557
Abu Dhabi, United Arab EmiratesMobile:+971 50 8460530
Tel: +971 2 8152831 Fax: +971 2 8152888
Email: [email protected]
BCI Horizon Scan 2016 ResultsDavid West CBCI
Community Engagement ManagerBusiness Continuity Institute (BCI)
Identify near-term threats on the radar of BC practitioners
worldwide
Benchmark horizon scanning activity
Look out for trends that may influence businesses in the medium- and long-
term
Today’s agenda
About the BCI Horizon Scan 2016 Survey
568 74organizations countries
The headlines
• Cyber attacks (85%) remain the top threat practitioners are concerned about. However, concerns over physical incidents rise significantly this year with acts of terrorism and security incidents at fourth and fifth respectively.
• The use of the Internet for malicious attacks (83%), growing influence of social media (63%) and the loss of a key employee (56%) are the top three trends.
• A slight increase in organizations reporting greater BC investment is reported (23% to 24%). A majority of organizations report ISO 22301 as a framework for BCM implementation (51%).
Top threats to businesses worldwide
1. Cyber attack (85%)2. Data breach (80%)3. Unplanned IT & telecom outages (77%) 4. Acts of terrorism (55%) 5. Security incident (55%)
* Ranking was based on number of respondents answering ‘extremely concerned’ or ‘concerned’ to a threat
Tracking threats
• Respondents ‘extremely concerned’ about this threat materialising rise from 43% to 48%
#1
Cyber threats(unchanged at 1st)
Tracking threats
• Concern over this threat rises from 74% to 80% this year
• Recent cases like TalkTalk’s show how data breaches can also cause reputational damage
Data breach(3rd to 2nd)
1
Tracking threats
• Drops from second (81%) to third (77%) this year
• In second place in Asia, MENA regions
• Top threat for healthcare and education sectors
Unplanned IT andtelecom outages
(2nd to 3rd)
1
Tracking threats
• One of the biggest gainers in this year’s survey
• Coincides with greater concern over physical security threats
Acts of terrorism(10th to 4th)
6
Tracking threats
• Practitioners who are ‘extremely concerned’ about vandalism or theft rises from 12% to 17%
1
Security incidents(6th to 5th)
Tracking threats
• Appears in the top 10 for the first time since the survey began
5
Availability of keytalents or skills
(14th to 9th)
Tracking threats
• Almost three-quarters of organizations (74%) report at least 1 disruption/year*
• 14% claim losses of at least €1 million*
2
Supply chain disruption(5th to 7th)
*BCI Supply Chain Resilience Report 2015
Tracking threats
5
Human illness(8th to 13th)
1
Fire(10th to 11th)
Top 5 trends
Trends ranked 6th to 10th
6. Potential emergence of global pandemic (48%)7. Increasing supply chain complexity (47%)8. Political change (42%)9. Changing consumer attitudes and behaviour
(36%)10.Energy security/climate change/social unrest
(29%)
Further analysis
• Sub-Saharan Africa: Growing potential for social unrest (1st)
• Central and Latin America (CALA): Political change (1st)
• Middle East & North Africa (MENA): Loss of key employee (1st)
• Asia: Potential emergence of a global pandemic (2nd)
Further analysis
• Manufacturing: Increasing supply chain complexity (1st)
• Health and social care: Emergence of a global pandemic (1st)
• Finance and IT/telecommunications: New regulations and increased regulatory scrutiny (3rd)
• Education: Political change (3rd)
Conducting trend analysis
70% of organisations conduct trend analysis to betterunderstand threats, a slight decline from 73% last year.
Use of trend analysis in informing BCM
A third (33%) DO NOT use trend analysis to guideBCM programmes, a figure unchanged from last year’s.
Level of BC investment
There is a slight increase in organizations reportingmore investments in BC (23% to 24%).
Use of ISO 22301 in BCM implementation
A majority of organizations report using ISO 22301 as a framework for BCM implementation.
Key takeaways
• Cyber issues continue to dominate the threat landscape although physical security incidents are seen as a growing concern for many professionals.
Key takeaways
• The ‘human factor’ (i.e. skills shortage, loss of key employees) clearly impacts on business performance and requires a strategic response.
Key takeaways
• Access to important data (e.g. trend analysis results) remains a barrier for many organizations which impairs resilience. This strengthens the case for breaking down silos and encouraging engagement among management disciplines which build overall resilience.
2016 Emergency Communications Survey
Now open for contributions
https://goo.gl/NCWR6f
