Posts tagged June
Climate change risks to Australian Businesses | Ben Scheltus for the RMIA The risk magazine

When doing your Risk Assessments, please be mindful of the physical and transition risks presented by climate change. For three years in a row, the World Economic Forum’s Global Risk Report (GRR) has called out the risks we collectively face from climate change. In the 2019 report published in February, climate change and environmental risks dominate the “high likelihood” and “high impact” quadrant of the global risk matrix. Read the article here.

Click here to view the RMIA Risk Magazine April edition. Please note the magazine is for RMIA members only.

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2017 FM Global Resilience Index | Continuity Central

The 2017 FM Global Resilience Index has been published. The annual index, which is online and interactive, ranks 130 countries and territories by their enterprise resilience to disruptive events. Now in its fourth year, the index provides a unique resource to help business executives site facilities, select suppliers, evaluate established supply chains and identify customers who may be vulnerable.

Users of the index can now investigate 12 quantified resilience drivers related to each country’s economic strength, risk quality and supply chain condition. The index also ranks countries for overall enterprise resilience.

Switzerland occupies the number-one ranking, reflecting high scores for its infrastructure, local supplier quality, political stability, control of corruption and economic productivity. Haiti ranks at the bottom of the index due in part to its high natural hazard exposure and poor economic conditions.

How to Conduct a Business Impact Analysis for Disaster Recovery

SmartData Collective | June 10

Your disaster recovery strategy needs to be pretty comprehensive. It’s not just about making sure that your backup is viable. There’s an entire strategy that needs to be put in place and that means identifying the roles of your employees and establishing an action plan. But how do you know what to do unless you have some idea of how the business will be impacted?

AWS redundancy, DR set up no piece of cake

TechTarget | June 9

Before the cloud era, only a few organizations -- generally the biggest and best-funded -- could afford to have a second data center for business continuity or disaster recovery. The costs of hardware, space and personnel were too prohibitive for others.

With the cloud, however, adding capacity is relatively easy and dramatically less expensive. With multiple cloud locations and AWS availability zones, enterprises have the ability to build applications that can be more scalable and available than tradition on-premises apps. However, turning AWS redundancy into a fully functioning secondary off-site data center is not necessarily easy.