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IT hazards are greatest threat to employers, survey claims

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The annual Business Continuity Institute (BCI) survey showed that over three quarters of business leaders fear the possibility of an unplanned IT and telecoms outage, while a similar number worry about the possibility of a cyber attack or data breach.

The report also identified long-term trends, with 73 per cent seeing the use of the internet of malicious attacks as a major threat that needs close monitoring, with 63 per cent having the same attitude towards the influence of social media.

Howard Kerr, chief executive at BSI, said: “At a time when changing climatic, social, political and economic situations are forcing organisations to be nimble in adapting to novel threats, it is essential to learn from others experience and best practice.

“Developing the resilience of networks, services and business critical information must be an integral part of an organisation’s wider business resilience strategy. By putting in place a framework based on risk standards, you will be able to identify, prioritise and manage the range of threats to your business more effectively and keep your stakeholders reassured.”

This year’s top ten threats to business continuity are:

  1. Unplanned IT and telecom outages   
  2. Cyber attack
  3. Data breach
  4. Adverse weather
  5. Interruption to utility supply
  6. Fire
  7. Security incident
  8. Health & Safety incident
  9. Act of terrorism
  10. New laws or regulations

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