Plan B Consulting

MAY 25, 2018

This week, I apply the PESTLE framework to business continuity, in response to finding other risk management frameworks too restricting. Over the last few weeks I have been thinking a lot about risk management frameworks for business continuity. Incident affecting the banking system d.

Risk Management 52

Risk Management Management All-Hazards Hazard 52

Plan B Consulting

MAY 25, 2018

This week, I apply the PESTLE framework to business continuity, in response to finding other risk management frameworks too restricting. Over the last few weeks I have been thinking a lot about risk management frameworks for business continuity. Incident affecting the banking system d.

Risk Management 52

Risk Management Management All-Hazards Hazard 52

Fusion Risk Management

NOVEMBER 27, 2023

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. Another U.S.

Resilience 52

Resilience Risk Management Financial Services Business Continuity 52

MHA Consulting

MARCH 23, 2023

FFIEC in our industry is best known for providing the business continuity management standard that U.S. However, of the five, the FFIEC Business Continuity Management booklet is widely regarded as the toughest and best. financial institutions are required to meet. marketplace. Not even close. It’s overkill.

BCM 74

BCM Impact Analysis Business Continuity Banking 74

Fusion Risk Management

DECEMBER 4, 2023

In an era of constant change, the risks and threats to global organizations never sleep. Today’s practitioners recognize that they need dynamic risk management , operational resilience, and business continuity (BC) programs – and they need to be agile in implementing them.

Business Continuity 52

Business Continuity Resilience Risk Management Financial Services 52

Pure Storage

MARCH 25, 2024

FFIEC is an interagency body composed of the heads of the five federal banking agencies: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau. While the U.S.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

everbridge

MAY 3, 2024

Aligned with existing regulations like NIS2 in the EU and the Bank of England Operational Resilience Regulation in the United Kingdom, DORA offers organizations the chance to leverage existing capabilities to meet the new requirements effectively. Compliance with DORA requires increased documentation to demonstrate adherence.

Resilience 52

Resilience Risk Management Change Management Communications 52

Fusion Risk Management

MARCH 8, 2022

One of the tools that central banks use to help combat inflation is to raise interest rates. However, there is concern from central banks that doing so can lead to additional market pressures and unintended consequences. The post Economic Impact of Russia Sanctions appeared first on Fusion Risk Management.

Automotive 98

Automotive Transportation Banking Logistics 98

LogisManager

MAY 22, 2023

From economic fluctuations to cybersecurity threats, from regulatory changes to environmental hazards, the risk landscape is constantly evolving, and organizations must be agile and proactive to stay ahead. In uncertain times, it is crucial to have resources to analyze and demonstrate risks.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

LogisManager

MAY 22, 2023

From economic fluctuations to cybersecurity threats, from regulatory changes to environmental hazards, the risk landscape is constantly evolving, and organizations must be agile and proactive to stay ahead. In uncertain times, it is crucial to have resources to analyze and demonstrate risks.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

LogisManager

JULY 22, 2021

This series delves deeper into those stories in hopes of helping other businesses throughout these challenging times. Topic: Creating a business continuity planning process that sets your business up for long-term success. What should every strong Business Continuity Plan include? Introduction.

BCP 94

BCP Outage Continuity Planning Business Continuity 94

Fusion Risk Management

APRIL 5, 2023

The Impact of Ineffective Resilience Capabilities is Severe Imagine a bank that experiences a catastrophic outage in its IT systems , preventing customers from accessing their accounts for several days. This is exactly what recently happened with TSB Bank and Applied Materials. million customers.

Resilience 59

Resilience Strategic Banking Vulnerability 59

BCP Builder

APRIL 13, 2020

SMB Cyber Summit I recently gave a presentation on Business Continuity for the SMB Cyber Summit. If you are interested in learning more about Cyber Security from a Small/ Medium Business perspective then take a look at this free online summit. The next day, all of my money was transferred out of my bank account!

BCP 52

BCP Banking Continuity Planning Business Continuity 52

BCP Builder

APRIL 13, 2020

I recently gave a presentation on Business Continuity for the SMB Cyber Summit. If you are interested in learning more about Cyber Security from a Small/ Medium Business perspective then take a look at this free online summit. How to choose a Business Continuity Plan Template. Pandemic Planning Guide.

BCP 52

BCP Banking Continuity Planning Business Continuity 52

Plan B Consulting

APRIL 2, 2024

This is a classic business continuity and emergency response incident, and I thought I would examine it through the lens of a couple of risk management concepts: black swan events and Reason’s Swiss cheese theory.

Banking 52

Banking Insurance Insurance Mitigation 52

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.

Financial Services 59

Financial Services Resilience Audit Authorization 59

Fusion Risk Management

JANUARY 24, 2023

and the EU operate with dedicated teams who work with the organization and local regulators to address the requirements that have been established by the Bank of England (BoE), Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and other EU-based authorities. appeared first on Fusion Risk Management.

Resilience 52

Resilience Financial Services All-Hazards Disaster Recovery 52

Fusion Risk Management

MARCH 2, 2022

As risk managers, compliance with these new sanctions tests the bounds of third-party programs – as guardians of companies, risk practitioners can’t do business with sanctioned parties and operate lawfully. The post Ukraine-Russia Conflict Sanction Impacts appeared first on Fusion Risk Management.

Banking 52

Banking Telecommunications Government Resilience 52

Risk Management Monitor

MARCH 4, 2022

Concerns about escalating cyber activity around the crisis are a vivid reminder of the importance of knowing your threat model and adjusting your risk management priorities accordingly. Evaluate and if possible, test your business continuity plans. and “How can we still work without any technology support?”.

Management 56

Management Malware Cybersecurity Insurance 56

Risk Management Monitor

DECEMBER 3, 2021

An increasingly key theme year over year, resilience is at the root of the latest Excellence in Risk Management India report from Marsh and RIMS—and the RIMS Risk Forum India 2021 virtual event , where the report was officially released today. Doing so increases the ability to develop effective responses.

Resilience 45

Resilience Pandemic Risk Management Scenario Planning 45

MHA Consulting

MAY 25, 2023

In today’s blog, we’ll look at those risks from the point of view of a business consultant who specializes in technology and IT disaster recovery. A parallel potential exists in other activities that rely on AI, whether it’s analyzing x-rays, performing air traffic control, or scanning for bank fraud.

Risk Management 52

Risk Management Disaster Recovery Mitigation Consulting 52

Business Resilience Decoded

OCTOBER 20, 2022

Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions. Invest in communities.

Strategic 36

Strategic Communications Disaster Recovery Sports 36

Business Resilience Decoded

OCTOBER 20, 2022

Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions. Request a demo at [link] today!

Strategic 36

Strategic Communications Disaster Recovery Sports 36

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Or, as so well articulated by the great British writer C.

Resilience 52

Resilience Insurance Insurance Audit 52

Fusion Risk Management

JUNE 13, 2022

For companies who made the choice to exit because the war made doing business impossible, they had to unwind their business operations. We had to adjust our reputational risk management and on-going third-party monitoring programs. . Rising interest rates put added pressure on consumer spending. And remember Covid?

Transportation 52

Transportation Pandemic Resilience Continuity Planning 52

FS-ISAC

SEPTEMBER 8, 2021

While cybercrime has been around for decades, the 2016 cyber heist against Bangladesh Bank was a watershed moment for financial authorities around the world. FMIs such as EBA CLEARING are already subject to unified standards under the European Central Bank’s (ECB) Cyber Resilience Oversight Expectations (CROE) published in December 2018.

Authorization 52

Authorization Banking Benchmark Cybersecurity 52

Business Resilience Decoded

OCTOBER 20, 2022

Episode 127: Strategic Communication Methods for DE & I This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. Business continuity professionals need to focus on strategic communication and how corporations take responsibility for their actions. Invest in communities.

Strategic 28

Strategic Communications Disaster Recovery Sports 28

BCP Builder

APRIL 20, 2020

The current situation has brought about changes to business and work life. This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. Two reasons for this.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

BCP Builder

APRIL 20, 2020

The current situation has brought about changes to business and work life. This means that management will need to address what their new business model will be. Business Continuity and Risk Management will hopefully be given the respect it deserves. Business Continuity will be taken more seriously.

BCP 52

BCP Continuity Planning Business Continuity Pandemic 52

Security Industry Association

JUNE 29, 2023

We provide our clients with daily intelligence briefings that are tailored to address their operations, geographical footprint, security concerns and potential risks to their business continuity. What is your company’s vision, and what are your goals for the security industry?

Logistics 98

Logistics Security Mitigation Travel 98

Plan B Consulting

OCTOBER 17, 2022

The SEC has published proposed rules to enhance and standardise disclosures regarding cybersecurity risk management, strategy, governance, and cyber security incident reporting by public companies. Federal Bank Regulators. I haven’t seen anything which covers any penalties for failure to report an applicable cyber incident.

Banking 40

Banking Publishing Cybersecurity Security 40

Fusion Risk Management

MAY 12, 2022

At Marcus Evans’s Operational Resilience In The Financial Sector conference, a session was held that was led by Vicki Gavin of Kaplan International with panel members Rich Cooper of Fusion Risk Management and Stella Nunn of PwC, taking the discussion forward. Pinpointing the Moment of Impact. Finding Our Voice.

Failover 52

Failover Resilience Crisis Management Mitigation 52

Fusion Risk Management

FEBRUARY 7, 2023

Once you’ve done that, it’s becoming increasingly important to train all of your teams, not just the crisis management team, on how to respond to disruptions. 2.26: Following MME, TSB quickly found itself in a crisis situation for which it was not prepared.

Financial Services 52

Financial Services Resilience Crisis Management Vulnerability 52

Reciprocity

MARCH 24, 2022

These findings (and many more) show that fraud is a widespread risk that can affect any organization, its business continuity, and its reputation. For instance, all sales receipts and bank account deposit preparations should be documented. Leverage ZenRisk to Mitigate Fraud Risk in Your Organization.

Audit 52

Audit Banking Activation Authorization 52

SRM

JUNE 21, 2019

Ever since Charles Darwin introduced the theory of evolution in 1859 we have been aware of the continual process of change in the natural world. When money was held in bank vaults, criminals used ingenuity and cunning to steal cash and valuables. The post The evolution of cyber crime appeared first on Security Risk Management.

Vulnerability 52

Vulnerability Banking Insurance Insurance 52

Plan B Consulting

NOVEMBER 24, 2017

This week I spent some time teaching the GPG course in-house for a bank. When I first started in business continuity twenty years ago, financial impacts were a key part of the BIA excel spreadsheet and there were a series of boxes looking at financial impact over time. The bigger the financial impact discovered, the better.

Fashion 52

Fashion Banking Consulting Activation 52

Plan B Consulting

NOVEMBER 24, 2017

This week I spent some time teaching the GPG course in-house for a bank. When I first started in business continuity twenty years ago, financial impacts were a key part of the BIA excel spreadsheet and there were a series of boxes looking at financial impact over time. The bigger the financial impact discovered, the better.

Fashion 52

Fashion Banking Consulting Activation 52