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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).

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The Importance of Impact Tolerance in Operational Resilience

Castellan

Impact tolerance is an important component of an operational resilience strategy. From there, you can use that information to prioritize what’s most important and then focus on mitigation and remediation. The Operational Resilience Connection. What can we do better? Defining impact tolerance is difficult. Why is this important?

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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. It is important to recognize, however, that DORA is not simply a “check-the-box” compliance activity.

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BCM and ERM: What’s the Difference?

Castellan

While there are some congruences between them, there are some unique distinctions that separate the two, and in many regards, they’re actually completely different business functions. As a resilience management professional, why is it important to know where these two terms split?

BCM 98
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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Technology and data service providers (TSPs) have become critical contributors in the successful operations of every organization. Think about it: if your technology or data warehouse were to fail, could you continue running your most critical business services? Investing in Risk and Resiliency is the Right Thing to Do.

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Sensing the Tremors of Disruption

Fusion Risk Management

So, how might the new operational resilience methodologies and requirements help us to mitigate future harm? Over the past year and more, we saw financial firms implementing operational resilience programs to comply with the Bank of England, PRA, and FCA regulations. Pinpointing the Moment of Impact. Speed of Response.

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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 ?