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

Fusion Risk Management

Where are my vulnerabilities? 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. In today’s fast-paced world, resilience must be a strategic priority for businesses.

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

We also expect to see resilience leaders holding a more prominent seat at the table for decisions related to proposed strategic projects like digital transformation, geographic expansion/consolidation, and third-party initiatives (vendor selection or rationalization). appeared first on Fusion Risk Management.

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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.

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CIO Resources Library: Three Tools to Achieve IT Resilience

Solutions Review

This sprawl makes a company’s data more vulnerable to sophisticated ransomware and other cyberattacks that can cripple operations and rob organizations of access to their data. Data’s growing value, as well as its growing vulnerability to these threats, has made IT resiliency more important than ever. The bottom line?

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

Fusion Risk Management

While these include technical capabilities such as network security, they should also involve awareness training across your organization to ensure that each member of your team is playing a part in minimizing your vulnerabilities to cyber threats. Respond You will also need to have a strategic incident management process in place.