Fusion Risk Management
NOVEMBER 27, 2023
They also emphasize the need for organizations to strengthen their business continuity (BC) and operational resilience programs as well as prioritize agility to mitigate emerging threats and ensure compliance with global regulatory mandates. The EU followed with the Digital Operational Resilience Act (DORA).
Fusion Risk Management
APRIL 20, 2022
It’s Time for a New Model of Compliance Because a Resilient Organization is a Compliant One. And just like that, the first milestone on the Bank of England, Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA) operational resilience regulatory timeline came and went. The Old Model of Compliance.
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Fusion Risk Management
APRIL 5, 2023
In today’s world, organizations face unprecedented challenges that require a new approach to resilience. Organizations that embrace, invest in, and elevate resilience as a strategic priority are able to more proactively sense issues, analyze vulnerabilities, and adapt to the evolving environment. million customers.
Fusion Risk Management
JANUARY 5, 2023
Operational resilience has been top of mind for regulators and financial services firms for the past few years. The old way of managing risk and resilience programs is no longer effective or efficient, and regulators have taken note. The DORA centers around five principles that can lead to operational resilience.
Fusion Risk Management
JUNE 15, 2023
With the twenty-four-month implementation period already underway, entities impacted by the Digital Operational Resilience Act (DORA) are beginning to implement best practices to drive compliance and operational resilience. It is important to recognize, however, that DORA is not simply a “check-the-box” compliance activity.
Fusion Risk Management
JANUARY 24, 2023
I visited many organizations throughout 2022 and observed varying maturity levels in programs on their journey to addressing regulatory and policy requirements related to Operational Resilience. In 2023, we will continue to see more non-financial services companies adopt operational resilience concepts and frameworks.
Fusion Risk Management
AUGUST 18, 2022
Operational resilience is not just another buzzword. It i s top of mind for business leaders and regulators around the world. Resilience enables agility when confronted by the chaos of our present world , and it protects against the disruption of critical customer – facing operations. Defining a Critical ICT.
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