article thumbnail

Introducing Fusion’s New Argos Risk Integration

Fusion Risk Management

Given third parties support strategic and important business services, it is critical to ensure that your organization has its arms around th e risk s that come with them to ensure the resiliency of your own operations. The Old Model of Third-party Risk Management. Automate On-going Monitoring with Argos Risk and Fusion.

article thumbnail

DORA: Moving Beyond the Basics of Compliance and Implementing a Cross-Functional Approach to Resilience

Fusion Risk Management

While each business is unique, those who have had a more successful approach to resilience and compliance tend to follow this similar methodology: Identify your critical business functions Begin by identifying what your individual critical business services are.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When You Can’t Rely on a Crystal Ball, Elevate and Invest in Resilience

Fusion Risk Management

But, with the invention of a crystal ball not on the horizon, organizations need an alternate way to gain a complete view of their important business services and be better prepared to prevent a potential disruption before it materializes. Where should I focus my efforts?

article thumbnail

The Importance of Building a Culture of Trust and Compliance

Fusion Risk Management

It is now common knowledge that your organization must invest in technology in order to build a defensible program that can demonstrate that you have appropriate oversight into your important business services. Want more information on how to keep your organization safe from disruption caused by ineffective risk management ?

article thumbnail

Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Increasingly, financial services supervisory authorities are seeking to ensure that the third parties that are supporting a firm’s important business services meet all resilience requirements. For more information, contact your Account Manager or request a demo.

article thumbnail

Untapped Opportunity & Value-Added Service: Residential Shred Bags

Prism International

It is an untapped market and the need for this service is only increasing as we continue to see our information become more and more jeopardized. Hundeby-DeVries, CSDS is an Account Manager for DeVries Business Services. About the Author. He has also served on the NAID Communications and Marketing Committee.

article thumbnail

The Digital Operational Resilience Act is Finalized – Now is the Time to Act

Fusion Risk Management

It also expands the scope of a regulator’s reach to those critical technology and data service providers that compose the digital footprint by which the important business services stand. Use technology to manage your ICT risk. The DORA will apply to 20 distinct types of existing regulated financial entities.