Food and beverages remain the most commonly stolen commodities, according to the British Standards Institution’s latest annual Supply Chain Risk Insights Report. Thefts from hijacking have fallen as a proportion of cargo theft from 24.4% to 17.0%. These are now second to theft from facilities, which now account for more than a quarter of total thefts.

Business continuity, resilience and disaster recovery specialist, Databarracks, has launched a new business continuity incident response service, aimed at guiding customers through the non-IT aspects of incident response.

Cyber incidents and business interruption rank as the greatest concerns for the second year in succession, according to Allianz’s latest Risk Barometer, with macroeconomic developments such as inflation, financial market volatility, a looming recession and the impact of the energy crisis the fastest risers in this year’s list.

Where is the UK's National Resilience Strategy? Peter Power writes.

Disruption within the global supply chain continues to drive up the risk of cargo theft. Electrical goods are the biggest target for cargo theft globally, with the US reporting over 70% of these losses. The split in general between theft from vehicles and depots is in the order of two-thirds versus one-third. This is a consistent finding, though vehicles ‘at rest’ as opposed to hijackings are more prevalent targets.

The northern hemisphere’s summer of 2022 left one certainty: the impacts of climate change have become more acute, and they will feed into the pre-existing inflationary pressures that have driven a rise in civil unrest risks worldwide.

Businesses are overlooking remote working in their data backup and recovery plans, leading to a failure to ensure operational compliance and business continuity when faced with fragmented data and dispersed technology, according to a survey of IT decision makers by backup and storage provider Arcserve.

Amid concerns that electricity and other sources of energy could become scarce in Europe this winter, companies are being advised to draw up thorough plans to address any threats to business continuity.

Data analytics firm EXL has collaborated with cyber risk specialist CyberCube to jointly develop cyber insurance solutions for the property and casualty (P&C) insurance industry.

As the wildfire season enters its peak, International SOS is advising organisations on the preparations that will best protect their people and ensure business continuity through to October.

The International Air Transport Association has launched AVSEC Insight, an online platform offering users a range of open-source information to aid in identifying potential security risks and threats to their operations and businesses.

Insurer FM Global has announced that it will allocate approximately US$300m to clients in the form of a ‘resilience credit’ intended to help them to invest in climate resilience solutions.

The majority of global semiconductor businesses are still operating with “questionable” risk management strategies, with just 29% reporting supply chain risk management as embedded in strategic planning, capital allocation and other business processes, according to a new report.