Remove Account Manager Remove Mitigation Remove Resilience Remove Strategic
article thumbnail

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

Fusion Risk Management

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. Involving every stakeholder from the very beginning is one actionable way to mitigate these issues.

article thumbnail

3 Ways to Drive Value within Your Third-Party Risk Management Program and Beyond

Fusion Risk Management

Guidelines related to the way in which organizations engage and interact with third parties are not just about avoiding risk but rather making long-term risk management a strategic priority – which demands a different approach to risk identification, monitoring , and preparedness.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Identifying Important Business Functions: Your Building Blocks for DORA Compliance and Incident Management

Fusion Risk Management

The Digital Operational Resilience Act (DORA) aims to ensure financial and operational resilience for individual businesses as well as ensure economic stability for the European Union (EU) as a whole. Respond You will also need to have a strategic incident management process in place.

article thumbnail

Geopolitics, regulations, and resilience

Fusion Risk Management

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).