Remove Authorization Remove Business Services Remove Continuity Planning Remove Vulnerability
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Operational Resilience: Is it just business continuity done properly?

Plan B Consulting

The Bank of England and the FCA in pushing operational resilience have a different aim than an organisation implementing and maintaining business continuity. Identifying important business services There are several tasks laid out in the paper which they want regulated organisations to carry out.

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Operational Resilience: Is it just business continuity done properly?

Plan B Consulting

In addition, the Financial Conduct Authority (FCA) Consultation paper of 2019 states: “Building operational resilience: impact tolerances for important business services and feedback to DP 18/04”. Identifying important business services. Scenario planning. Conclusion.

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Sensing the Tremors of Disruption

Fusion Risk Management

In mapping all the important business services, many resilience managers reported finding themselves overwhelmed by the amount of data that required capture and analysis. This degree of scenario testing helps to highlight further vulnerabilities. Speed of Response. Decision-making assumptions are where we could fail.”.