Without a doubt, 2020 was a difficult year for many organisations, including managed service providers and small businesses – especially as it relates to cyber security. In a recent survey, MSPs reported that certain industries saw a rise in attacks during the pandemic – healthcare (59%), finance/insurance (50%), and government (45%). Although ransomware remains the most common malware threat, viruses, adware, spyware, and remote access trojans completed the top five security risks.
The continued effects of the COVID-19 pandemic, or a new public health crisis are the top risk concerns for Indian companies, according to a report published by US risk management society, RIMS and Marsh.
Insurance has not provided the support organisations need for their business interruption throughout the coronavirus pandemic, something the EU should help address to avert future crises, according to the Federation of European Risk Management Associations.
Two thirds (68%) of business leaders used automation to respond to the impact of the COVID-19 pandemic, according to new research from Deloitte on robotic and intelligent automation.
Trading on the Australian shares market was halted for most of Monday due to a technical problem. The Australian Securities Exchange said that the issue was a software error which showed inaccurate market information. In a statement, ASX and its technology provider Nasdaq said it had identified the root cause and a resolution path to fix it. A software issue limited to the trading of multiple securities in a single order (combination trading) created inaccurate market data.
The mental health of employees in the UK continues to be at risk, with declining workplace productivity and the need for mental health support adding to the ongoing mental strain of the pandemic. The latest figures from the Mental Health Index, produced each month by wellbeing and mental health service provider Morneau Shepell, suggest a continuation of the decline in the rate as the pandemic continues.
The manufacturing sector is looking to overcome the many challenges caused by the coronavirus situation by turning to cloud-enabled digital transformation projects. This is ushering in the new era of smart and sustainable manufacturing at a pace faster than was predicted prior to the pandemic, according to software firm InfinityQS.
How can businesses, especially those with an international footprint, ensure employee health, well-being and security amid the pandemic? Deborah Ritchie spoke to Harriet Brennan and Dr Mark Parrish to find out
Over a third of small businesses admit to having had to address a legal issue within the last 12 months, over a fifth more than once. Despite this, nearly seven in ten do not consider third-party legal advice a priority.
The COVID-19 pandemic has brought about complex and varying responses by governments and businesses, in turn wreaking havoc on supply chain continuity. This week, BSI's latest quarterly review reveals that cargo theft, smuggling, and child labour are all persistent themes in global supply chain threats and trends.