Remove Business Continuity Remove Business Services Remove Mitigation Remove Vulnerability
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The Importance of Impact Tolerance in Operational Resilience

Castellan

By understanding your impact tolerance, you can better understand the impact single points of failure and vulnerabilities could have on your organization. From there, you can use that information to prioritize what’s most important and then focus on mitigation and remediation. Get The Impact Tolerance Builder. DOWNLOAD NOW.

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Resilience is Everyone’s Job

Fusion Risk Management

So, here are five trends that consistently came up during the roundtable and our attendee poll: Business Continuity Program Executive Ownership Remains Dispersed. Then, prioritize the services that, if disrupted, would impact that promise. Ask yourself: What is the process chain that delivers this overall service?

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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? In mapping all the important business services, many resilience managers reported finding themselves overwhelmed by the amount of data that required capture and analysis. Speed of Response. Stella Nunn, PwC.

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Clarity from Chaos: the Global Regulatory Challenge

Fusion Risk Management

Globally speaking, general requirements of all financial services firms include the ability to map their important or critical business services and interrogate all of the processes, assets, and resources that support those services, both in house and in their supply chain.