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BCI Horizon Scan 2015 ResultsAndrew Scott CBCI
Business Continuity Institute
Identify near-term threats on the radar of BC practitioners
worldwide
Benchmark horizon scanning activity
Look out for trends that may influence businesses in the medium- and long-
term
Today’s agenda
The headlines
• Cyber attacks (82%), unplanned IT outages (81%) and data breach (74%) remain the top three threats facing businesses.
• The use of the Internet for malicious attacks (81%), growing influence of social media (63%) and the emergence of a global pandemic (59%) are the top three trends.
• Investment levels for BC are up for more organisations (23% from 18%) with more businesses using ISO 22301 as a framework for BCM implementation (52% from 44%).
About the BCI Horizon Scan 2015 Survey
760 72organisations countries
Top threats to businesses worldwide
• Cyber attack (82%)• Unplanned IT & telecom outages (81%)• Data breach (74%)• Interruption to utility supply (57%)• Supply chain disruption (48%)
* Ranking was based on number of respondents answering ‘extremely concerned’ to a threat
Tracking threats
• Cyber threats are now the top threat to businesses (82%) worldwide from third in 2013 (64%) to second last year (73%).
• Supply chain disruption jumped 11 places to fifth (48%).
• Security incidents move from seventh to sixth in this year’s survey.
Tracking threats
• Acts of terrorism remain in the top 10 for the fourth year running.
• Human illness (43%) moves into the top 10 for the first time since the survey began.
• Health and safety incidents (8th to 11th) and new laws and regulations (10th to 13th) drop out of the top 10.
Top 5 trends
Conducting trend analysis
73% of organisations conduct trend analysis to betterunderstand threats, slightly up from 71% last year.
Use of trend analysis in informing BCM
This has fallen from 53% last year to 43%.
Level of BC investment
Investment levels are up for a greater proportionof organisations this year from 18% to 24%.
Use of ISO 22301 in BCM implementation
More organisations use ISO 22301 for BCM implementationfrom 44% (2014) to 52% (2015).
Key takeaways
• Survey results affirm the mounting concern over cyber threats which negatively impact a firm’s revenues and reputation.
• The data suggests a growing maturity of ISO 22301 as a framework for BCM implementation. Nonetheless, there are still challenges in the transition from alignment to certification.
• BCM practitioners must participate more in strategic planning for organisational resilience at top level. Utilising horizon scanning and trend analysis results may provide opportunities to engage with top management.
