Organizational resilience takes root within an institution as operational risk management capabilities are enhanced in partnership with a strong focus on business continuity. It means that business and industry need to ensure their organizations have the strength, flexibility, and long-term planning capability to maintain business continuity and real-time visibility into critical ongoing business functions. This also includes accountability for personnel.

Daily life seems to be increasingly punctuated by unpredictable events that range from infectious disease outbreaks and environmental crises to travel advisories, workforce scheduling, and cyberattacks. Organizations are starting to understand these impacts and are trying to plan ahead: When asked about organizational spending in 2021, over half believe their spending on security technologies will increase more than they had forecast (Source: IDC, 2020).