Fusion Risk Management
NOVEMBER 27, 2023
Numerous insights came out of the session that leaders and practitioners should leverage to strengthen their own business continuity and operational resilience programs. As a result, a financial services provider on the panel said that his organization is now focused on integrating TPRM strategies alongside cloud migration projects.
Fusion Risk Management
APRIL 20, 2022
And just like that, the first milestone on the Bank of England, Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA) operational resilience regulatory timeline came and went. By March 31, 2022 firms needed to identify their important business services, map dependencies, and set impact tolerances.
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Fusion Risk Management
SEPTEMBER 27, 2022
Third – party risk management (TPRM) continues to be a focus area for both regulated and non-regulated entities alike in the operational resilience landscape. The reason being that t hird parties often introduce added risk to organizations outside the scope of their direct control. .
Pure Storage
FEBRUARY 21, 2024
Some of the highlights include: Singapore The Monetary Authority of Singapore (MAS) has long been proactive when it comes to operational resilience, first introducing business continuity guidelines in 2003 and continuing to expand and refine its approach.
Fusion Risk Management
AUGUST 18, 2022
It also expands the scope of a regulator’s reach to those critical technology and data service providers that compose the digital footprint by which the important business services stand. The DORA definition of a technology and data service provider does not make a distinction between a cloud-based and non-cloud-based provider.
PagerDuty
MARCH 4, 2024
The details of these Acts are far too complex to unpack in a brief blog like this but they have caused FS firms to examine the risks posed by their digital transformation. .” The former came into force in 2023, the latter in 2022. Resiliency, availability and reputation directly impact the bottom line.
Fusion Risk Management
JANUARY 5, 2023
While the methodology or framework for resilience may differ, the expectations are clear: businesses must adapt to the changing environment, mitigate potential impact, and continue to deliver important services to customers. One legislation addressing these risks is the landmark Digital Operational Resilience Act (DORA).
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