Remove Automotive Remove Pandemic Remove Resilience Remove Risk Management
article thumbnail

Like a Rubik’s cube: The journey to continuity and resilience in the financial services industry

Fusion Risk Management

When he started his current job two decades ago, his specialty was in disaster recovery, but he stated that he’s always thought about risk management in terms of shock absorbers: expect shocks to occur and design your continuity and resilience programs in a way that allows you to absorb small shocks but also manage significant disruptions.

article thumbnail

Economic Impact of Russia Sanctions

Fusion Risk Management

This is expected to have an impact on the food, automotive, and technology industries that are reliant on things like grain, wheat, aluminum, copper, zinc, and palladium that are exported from the region. For example, Russia produces over 40% of the metal palladium, and this is a component in automotive exhausts and catalytic converters.