In today’s interconnected environment, companies increasingly rely on external parties for an essential part of their business. While important to growth and efficiency, outsourcing also creates an inherent risk of being adversely affected by a third-party service disruption.
Topic: Business Continuity
Proof of recoverability is gaining in importance for organizational resiliency. A variety of exercises can help teams reveal exposures, implement changes, and increase confidence in recoverability.
During 2019, the SECO Institute published a definition of business resilience, which builds upon the vision of organizations taking a holistic approach to organizational resilience as set out in the BS 65000:2014 organizational resilience standard.