As the first drops of the so-called St Jude’s storm struck swathes of Western Europe in late October 2013, the chances are that even the most visionary CEOs failed to predict the business impact that Britain’s wettest winter would wreak.
Because just as water exposes the quickest, weakest paths – leaving a significant human cost – so too did the floods uncover those businesses and processes with supply chain vulnerabilities. Given that the flooding of 2012 cost the UK economy £600 million, with a direct cost to businesses of £200 million, even gloomier figures are forecast from the latest bout. With almost 200,000 businesses across the UK at risk of flooding, supply chain security has stepped into the spotlight.Read More›
A country can only survive if it can get its goods to market – and in the current international recession, the ability to get goods to market safely and securely has never been so important.
The methods of mass transnational transportation are well known: air, sea, road and rail.
What might not be as well known is that it has been estimated that some 90% of the world’s commodities and merchandise trade is carried on ships. According to international ports economic expert Wouter Jaobs, “this percentage has remained fairly constant over the last century, yet the volumes have increased enormously in the last two decades.”
And that means ports have never been more important.
The current crisis in Egypt left many international companies struggling for an effective crisis response, despite it being the second such crisis in so many years.
Many companies were simply unprepared for the major disruption. Some companies, in their own words, simply believed that Egyptians had protest fatigue, and would not go back to Tahrir Square in similar numbers to 2011.
The demonstrations of late June 2013 in Cairo were the biggest the world has ever seen and left many companies lagging behind in terms of crisis response due to their unpreparedness.
Companies were rapidly faced with the need to understand a number of complex and complicated issues, where the core information was held at a local level, where the standard communication channels were severely challenged.
The first in a new series in which we discuss current topical events and highlight ways in which the ISARR system can help to to reduce risk and increase opportunity for competitive advantage.
Iraq is awash with oil. Federal Iraq estimates it has 150 billion barrels of reserves, with some 45 billion in the semi-autonomous Kurdistan. Kurdistan has enough oil production to supply a 200,000 bpd pipeline to Turkey which would generate some $20M per day in revenue.
However, a major challenge, over and above the problematic security environment, is that there is insufficient pipeline capacity to export the crude to market.
There is therefore a surge of both domestic and international activity in the downstream to create a pipeline network that would allow the Kurdistan Regional Government (KRG) to export oil to Turkey, and then to the lucrative crude markets – although this is fraught with both political and security difficulties.Read More›
Embracing security risk can mean embracing competitive advantage ?
ISARR contributes to the Telegraph on Sunday business supplement on Terrorism & Security. Did you see the article? We would love to hear your views. Join in the conversation and tell us if you think?
Click here to download a copy of the article here
Nick Beale, Managing Director if ISARR presents on the practical challenges and possible future of risk management at the CSARN 20:20 Vision Conference.
The ISARR team is pleased to announce its expansion into the Kingdom of Bahrain and the Kingdom of Saudi Arabia.
After much work behind the scenes over the last few months, ISARR’s footprint was cemented in Bahrain with the establishment of a permanent staffed office.
Speaking at the IFSEC & OSH Conference held in Riyadh, Saudi Arabia, Nick Beale, ISARR’s Managing Director, noted that exciting times lay ahead for ISARR with the expansion of its product into the Middle East regions.
ISARR have developed a select number of local partners with which it is actively engaged with in developing and taking to market, solutions for the Oil & Gas, Industrial / CNI and Mining sectors across the Middle East with ‘Plans for significant expansion into the region over the next 6 -12 months’.
ISARR will continue to confirm and promote its expansion into the Middle East region, and look forward to engaging with partners and clients alike. If you operate in the area and would be interested in viewing ISARR’s Security Risk Management software solution, please get in touch with: email@example.com
ISARR delivered a short case study at yesterdays Infrastructure Risk & Resilience workshop sponsored by the European Commission SeRoN project (part of the ICT & Security funding stream- FP7-ICT-SEC-2007-1 : Topic ICT-SEC-2007-1.0-01: Risk assessment and contingency planning for interconnected transport or energy networks) and run by the IET – Institute of Engineering and Technology
See the full presentation below
Operational City Centre and Business District Resilience
From: SeRoN’s Infrastructure Risk and Resilience, 11 October 201, London UK
2012-10-11 00:00:00.0 Transport Channel
Canary Wharf Estate, LONDON
ISARR, recently re-branded from CitySafe, has been supporting Canary Wharf Management Limited (CWML) since 2008. CWML, a subsidiary of Canary Wharf Group Plc, has a responsibility for the iconic Canary Wharf business district. Achieving a secure working environment for its tenant companies with more than 100 000 staff in London’s financial district is therefore paramount.Read More›