A single IT outage doesn’t just interrupt operations. In many cases, it becomes front-page news. In July 2024, CrowdStrike served as a wake-up call when a software glitch caused the largest IT outage in history, disrupting business operations around the world. In early 2025, Barclays customers took to social media as a 14-hour outage left them locked out of their accounts. These incidents have more ...
Horizon Scanning, integrated within the SAI360 platform, leverages the latest advancements in AI to identify emerging risks stemming from micro and macro global events. Capturing external intelligence ranging from competitor missteps and new regulations to shifts in public sentiment, Risk Radar can identify patterns and interpret threat levels according to an individual organization’s unique framework. This results in a number of competitive advantages. Below, we ...
Business risks. They’re everywhere and not always in places you’d expect. A sudden natural disaster can impact a key supplier. A third-party’s technical glitch can halt your production line. In some scenarios, like a disruptive new technology, an entire industry can be left scrambling. These unforeseen events often escalate quickly, create significant operational disruptions, and may result in financial loss or reputational damage. In light ...
Healthcare business continuity and compliance aren’t just back-office concerns—they’re a lifeline. Literally. When unexpected disaster strikes—a power outage, a cyber incident, or a supply chain disruption—patients’ lives could be on the line. Without a strong healthcare business continuity and compliance strategy, hospitals risk non-compliance, patient safety failures, and operational disruptions. Yet, when it comes to business continuity and disaster recovery (BCDR), too many healthcare systems approach critical healthcare ...
From the Great Resignation, climate disasters, political unrest, ongoing cyber threats, and more, business resilience now means something completely different than it used to just a few years ago. Organizations must be equipped to navigate business disruptions and maintain continuity. Businesses face a myriad of risks that can severely impact operations. These include: Operational Disruptions: Natural disasters, pandemics, and political unrest can halt business operations, affecting supply ...
The business world is incredibly unpredictable. Businesses face challenges that can disrupt operations in an instant. From cyberattacks to global crises to climate change emergencies, the ability to adapt and bounce back has become a hallmark of successful organizations. Business resilience isn’t just a buzzword—it is a strategic approach to maintaining profitability and ensuring sustainable growth. Did you know? Economic loss from the January 2025 ...
This webinar will explore the critical intersection of Business Continuity Management (BCM) and Operational Resilience Planning. Guest speaker Raymond Seid, who leads Business Continuity Disaster Recovery at Teleion, will draw from decades of hands-on experience to provide practical strategies for developing robust business continuity programs that can withstand modern challenges. Attendees will gain practical insights on aligning business impact analysis with industry standards, integrating recovery ...
What is APRA CPS 230? The Australian Prudential Regulation Authority (APRA) introduced CPS 230, which is a standard designed to enhance resilience and risk management for organizations relying on third-party service providers. In short, APRA is about building out proactive measures that ensure continuity—even in especially challenging business circumstances. CPS 230 is considered a “game changer” for the industry. CPS 230, reports InsuranceBusiness, doesn’t just ...
SAI360’s September 2024 release introduces powerful enhancements to its Business Continuity Management (BCM) tools. These changes are designed to help organizations bolster their resilience against disruptions. These tools streamline recovery planning, monitor critical objectives, and activate crisis responses. Taken together, they provide just the right structure and clarity businesses need to navigate complex scenarios and keep operations on track. From cyber incidents--now the leading risks ...
In January 2024, the Institute of Internal Auditors (IIA) unveiled its revised Global Internal Audit Standards, reflecting the global regulatory focus on operational resilience. At the core of these updated guidelines? A strong emphasis on leveraging technology to improve internal audits and risk management practices. Embracing a tech-enabled approach well means doing three things: it’s about an organization’s overall responsiveness, agility, and effectiveness in identifying ...
