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The Pros and Cons of Outsourced Vs In-House IT Disaster Recovery

Erwood Group

The Pros and Cons of Outsourced vs In-House IT Disaster Recovery The Pros and Cons of Outsourced vs In-House IT Disaster Recovery In today’s fast-paced digital business age, IT disaster recovery is a critical component of any business continuity plan and proper business resilience planning.

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How Managed Services Overcome Barriers to Resilience 

everbridge

According to an Everbridge-commissioned research study in 2022, 65% of decision-makers agree that crises have changed significantly over time in regard to frequency, impact, and unpredictability; yet resilience responsibilities tend to be spread across organizations, with limited or no central oversight.

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How to Offload Your Risk to a Third Party

MHA Consulting

There are two main types of risk transference: 1) buying insurance and 2) hiring a third-party vendor to perform an activity and passing on to them the risks associated with that activity. 2) Is the vendor resilient? There’s been a tremendous increase in outsourcing over the past several years.

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Four steps to build a more transparent and resilient supply chain through risk management

IBM Business Resiliency

With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. There are many different tools available to help build a smarter and more resilient supply chain experience. No supply chain is without risk.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

There are even emerging regulatory requirements on the horizon such as the Digital Operational Resilience Act (DORA) that will extend regulatory reach to some technology and data service providers. Investing in Risk and Resiliency is the Right Thing to Do. Or, as so well articulated by the great British writer C.

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Managing ICT third-party risk under DORA regulation

Fusion Risk Management

With less than a year to go until the January 2025 deadline to meet the requirements of the Digital Operational Resilience Act (DORA) regulation, entities are digging deeper into understanding the organizational and technical requirements of the regulation. DORA must be a deeply cross-functional collaboration effort.

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Third-Party Risk Management 101

Fusion Risk Management

In the classic sense, across industries, third-party risk management is the consideration and control over outsourcing a function that typically is done within the organization to an external party for the purpose of delivery of a product or service to the consumer or a service provided to the company. What does that mean?