article thumbnail

Everything You Need to Know About Business Continuity Plans

Erwood Group

Everything You Need to Know About Business Continuity Plans. Business Continuity Plans. Chances are if you’re visiting this page, you are new to the concept of Business Continuity Plans (BCPs) and business continuity overall. Definition of Business Continuity Plan.

article thumbnail

What Is Reputational Risk For Banks?

LogisManager

What Is Reputational Risk For Banks. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks. What is Reputational Risk Management in Banks? Risk management is an essential piece of any bank’s operations.

Banking 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When You Can’t Rely on a Crystal Ball, Elevate and Invest in Resilience

Fusion Risk Management

Organizations that embrace, invest in, and elevate resilience as a strategic priority are able to more proactively sense issues, analyze vulnerabilities, and adapt to the evolving environment. This is exactly what recently happened with TSB Bank and Applied Materials.

article thumbnail

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. Myth 5: Business Continuity is Too Expensive for Small Businesses.

article thumbnail

The New Normal

BCP Builder

All aspects of Business Continuity, including planning, training, stress testing and exercising of Business Continuity Plans will be seen as a priority. Many professionals in senior roles did not understand, nor even care to understand business continuity and organisational resilience strategies.

BCP 52
article thumbnail

The New Normal

BCP Builder

All aspects of Business Continuity, including planning, training, stress testing and exercising of Business Continuity Plans will be seen as a priority. Many professionals in senior roles did not understand, nor even care to understand business continuity and organisational resilience strategies. Work From Home.

BCP 52
article thumbnail

Why Digital Transformation Success Requires Multicloud

Pure Storage

Using modern, flexible storage to bridge the gap between public and private clouds is a simple, strategic (and often overlooked) step that can open the door to digital-transformation success. This pushed clients’ business continuity plans—and its own storage solutions—front and center.

Banking 52