Three Crucial Questions To Help You Assess And Improve Your Business Resilience

Cyber Resilience is Critical as Risks to Business Keep Growing

When you hear the term cyber resilience, we mean the ability to bounce back from an adverse event and get back to running your business or getting your kids back to school.” – Prentiss Donohue

The digital transformation trend was accelerated by the COVID-19 pandemic, forcing businesses to rapidly switch to new ways of working and confront an expanding landscape of cyber threats. We spoke with Prentiss Donohue, Executive Vice President of SMB and Consumer Sales at OpenText, about what this means for the future of business, especially in terms of security and cyber resilience…

Three Crucial Questions To Help You Assess And Improve Your Business Resilience

Business resilience is a concept with a new meaning in a Covid-19 world. It has been defined by the National Association of Corporate Directors (NACD) as “the capacity of any entity to prepare for disruptions, to recover from shocks and stresses, and then to adapt and grow from a disruptive experience.”

When you comb through the numerous definitions and examples of business resilience, what stands out is that it is about how a group of people deals with adversity, communicates on priorities and risks, and makes decisions in order to move forward.

Bruce WernerKona Advisors LLC.

Resilience is the demonstrated ability to move forward – better. Numerous technical standards give their own definitions of resilience, such as ISO 22316:2017, which describes resilience as an ability and, more specifically, the capacity to absorb and adapt in a nonstatic environment to deliver its objectives while surviving and thriving…

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