article thumbnail

BCM and ERM: What’s the Difference?

Castellan

Business continuity management encompasses the processes your organization uses to identify threats and risks to your operational resilience, understanding the impact of those risks on your organization’s important business services, and developing plans to ensure you can respond to and recover from these disruptions.

BCM 98
article thumbnail

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

Fusion Risk Management

It is important to recognize, however, that DORA is not simply a “check-the-box” compliance activity. And while it may seem like certain aspects of the regulation belong to different parts of your organization, a cross-functional approach will best serve your business and your comprehensive operational resilience strategy in the long run.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

Using Contracts to Mitigate Vendor Risk. Every vendor presents some amount of risk to your organization, and what is a contract if not a control to help mitigate that risk? How can your legal team be sure that they’re including the appropriate clauses to mitigate the risk if they don’t understand the risk that is present?

article thumbnail

Sensing the Tremors of Disruption

Fusion Risk Management

So, how might the new operational resilience methodologies and requirements help us to mitigate future harm? In mapping all the important business services, many resilience managers reported finding themselves overwhelmed by the amount of data that required capture and analysis. Speed of Response.

article thumbnail

Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

Using Contracts to Mitigate Vendor Risk. Every vendor presents some amount of risk to your organization, and what is a contract if not a control to help mitigate that risk? How can your legal team be sure that they’re including the appropriate clauses to mitigate the risk if they don’t understand the risk that is present?

article thumbnail

More Powerful than Ever: PagerDuty’s Revamped Mobile App is Primed for Even Better Incident Response by Hannah Culver

PagerDuty

When an incident begins, you need to get up to speed as quickly as possible to begin making decisions on how to best mitigate impact. The Past Incidents feature on the PagerDuty mobile app displays incidents with similar metadata that were generated on the same service as the current, active incident.

article thumbnail

Hurricane Season is Approaching ? Are You Prepared?

Fusion Risk Management

In addition to traditional business continuity programs , companies must also be monitoring what the disruption means for their IT disaster recovery programs so that critical applications and equipment can be recovered effectively and efficiently to support the most important business services. regardless of disruptions ?