With virtualization technologies becoming pervasive in the data center, SunGard Availability Services recently outlined five steps for addressing virtualization security challenges.
Recently the Singapore Exchange Limited (SGX) introduced new rules requiring SGX member firms to develop robust business continuity management arrangements. Member firms will have 12 months to comply with the new rules.
The phone rings, you pick it up, and the caller identifies himself as an officer of the court. He says you failed to report for jury duty and that a warrant is out for your arrest. You say you never received a notice. To clear it up, the caller says he’ll need some information for “verification purposes” - your birth date, social security number, maybe even a credit card number.
This is when you should hang up the phone. It’s a scam.
A report recently released by the World Economic Forum reports on the changing profile of 36 major risk areas. Published in cooperation with Citigroup, MMC (Marsh & McLennan Companies), Swiss Re, the Wharton School Risk Center and Zurich Financial Services, the report is based on a qualitative assessment of global risks, workshops and input from business leaders and experts consulted throughout 2008.
The EU Agency ENISA (the European Network and Information Security Agency) recently reported its findings from a survey on communication network resilience. The survey revealed a better than expected network availability, with only 10 hours downtime a year in Europe. Availability is vital not only to business, but also to private consumers. Service providers showed a higher level of service than expected.
In the wake of President Obama’s entering office, R. David Paulison has stepped down as chief of the Federal Emergency Management Agency (FEMA), leaving the agency he rebuilt in the wake of Hurricane Katrina.
Research from continuous availability provider, Neverfail, which polled almost 600 organizations worldwide on their approach to IT continuity, has found that despite an increase in reliance of IT systems, 68.6 percent of organizations are still conducting at least four periods of planned systems maintenance per year, placing availability of business critical applications at risk if a solution to ensure continuous availability is not in place.
The Federal Emergency Management Agency (FEMA) recently opened its newly constructed National Exercise Simulation Center (NESC) at FEMA Headquarters. The NESC provides a state-of-the-art facility to serve the all-hazards preparedness and response mission through pooling resources, maximizing efficiency and providing sustained exercise and training support to all stakeholders.
The Disaster Recovery Journal (DRJ) has created a new justification kit to help BC professionals obtain approval for attending a conference.
The Basel Committee on Banking Supervision recently issued a package of consultative documents to strengthen the Basel II capital framework. These enhancements are part of a broader effort the Committee has undertaken to strengthen the regulation and supervision of internationally active banks in light of weaknesses revealed by the financial markets crisis.
One of the major challenges in going green is that, in most cases, certain power costs are not part of the IT budget, which could reduce the motivation for IT to make “green” decisions. However, from a business continuity perspective, data center managers have a vested interest in maintaining power, and they typically do it with uninterruptible power systems (UPS) that can be found connected to servers, workstations, network devices, and many other assets. Major backup power assets, such as external diesel or liquid natural gas (LNG) generators, are more likely to be managed by facilities. Opportunities to “go green” often can be found by addressing power systems.