Remove Banking Remove Continuity Planning Remove Crisis Management Remove Mitigation
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Unlocking the Truth: Navigating 20 Myths About Business Continuity

Erwood Group

In times of crisis, a comprehensive business continuity plan ensures that every facet of the organization is resilient. Myth 2: Business Continuity Plans Are Only for Large Enterprises. Size doesn’t dictate the need for business continuity.

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Sensing the Tremors of Disruption

Fusion Risk Management

So, how might the new operational resilience methodologies and requirements help us to mitigate future harm? Over the past year and more, we saw financial firms implementing operational resilience programs to comply with the Bank of England, PRA, and FCA regulations. Pinpointing the Moment of Impact. Finding Our Voice.

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Cyberrisk Management Tips for Businesses Amid the Russia-Ukraine War

Risk Management Monitor

According to experts ranging from independent cybersecurity professionals to officials at the Cybersecurity and Infrastructure Security Agency (CISA), organizations at greatest risk right now include critical infrastructure , banks and other financial services firms, and of course key service providers in Ukraine or Russia.

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Clarity from Chaos: the Global Regulatory Challenge

Fusion Risk Management

A Morgan Stanley representative spoke at the GFMI event expanding on this, to illustrate the end-to-end picture of crisis management. 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.

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RIMS Risk Forum India 2021: Building Resilience As COVID, Cyberrisk Top Business Risks

Risk Management Monitor

Marsh and RIMS explained these further, defining key pillars that have set successful businesses apart, and potentially also offering considerations for other organizations to develop more mature risk management programs: Anticipation: Resilient companies expect the unexpected. Doing so increases the ability to develop effective responses.