Businesses that rely on warehousing space are currently under a huge amount of pressure. The pandemic-triggered boom in e-commerce sales is one of the issues. In 2021, Adobe forecast that global e-commerce sales would grow in 2021, reaching a staggering US$4.2trn. This boom has created an increased demand for warehouse space, as businesses have turned to e-commerce to match consumer habits. This situation has also been compounded by simultaneous worker shortages.
A ransomware attack on one of the biggest workforce management software companies has left employers in a number of industries struggling to process staff pay at one of the most critical times of the year for many households.
Businesses in the technology sector have identified overcoming the talent crunch and supply chain upheaval as the two big priorities for the year ahead, according to a report by EY.
The 2022 Business Continuity Awards are open for entries. Back for their 24th year, the awards are free to enter and, with 25 categories to choose from this year, represent a number of opportunities for entrants to showcase their best people, products and projects. This year we have introduced three new categories...
Allianz has expanded its renewable energy offering to cover for Short Term Operational Reserve technology, which allows energy providers to tap into extra power sources dependent on their specific commercial demands.
Continued fallout from COVID-19, including further lockdowns or disruptions to day-to-day business operations, is considered by SMEs in the UK to be the most critical external risk they face. For this segment, managing this risk is even more of a priority than improving IT security or responding to economic pressures.
International SOS has partnered with Salesforce and AOKpass to roll out a digitally integrated testing and vaccination solution that securely manages COVID-19 testing, vaccine administration, monitoring and health certification.
It was a big night for Daisy, Castellan, Marks & Spencer and Roche at the Business Continuity Awards. Find out who took home a trophy from the industry’s main event, hosted by the brilliant Hal Cruttendon at the London Marriott Grosvenor Square.
Remote working has not brought about an increase in IT downtime, according to research conducted by Databarracks. The company’s latest Data Health Check, which surveys over 400 IT decision-makers in the UK, showed that no increase in unplanned downtime in the last 12 months compared with the previous year, despite widespread remote working and a heavy reliance on connectivity and cloud services.
The risk of wildfires to business property and equipment persists in the Wester US, as it endures record heat and severe drought. The risk is exacerbated for businesses lacking in climate resilience. In a 2020 survey of the world’s top CEOs and CFOs, commissioned by insurer FM Global, three in four respondents admitted that their companies are not fully prepared for the adverse financial impact of a changing climate, with 76% saying their organisations are somewhat to significantly exposed to climate risk.
There are numerous and clear warnings that cyber attacks are on the rise, and that attackers are launching precision strikes against firms thought likely to pay ransoms and offering weak defences.
Online grocer Ocado has been forced to cancel thousands of orders following a fire at its automated warehouse in south-east London. The blaze at the company’s fulfilment centre in Erith was caused by a collision between three of the robots that operate at the high-tech site.
Pool Re’s specialist terrorism risk division Solutions has launched the second in a series of sector risk reports which identifies a number of potential terrorist threats to the retail and hospitality sector.