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Operational Resilience for Financial Services: The View from APAC

Pure Storage

Operational Resilience for Financial Services: The View from APAC by Pure Storage Blog Across the globe, regulators and business leaders in financial services are increasingly paying attention to the area of operational resilience (OR).

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Operational Resilience for Financial Services: A Perspective from the U.S.

Pure Storage

Operational Resilience for Financial Services: A Perspective from the U.S. We took a global look at the subject of OR in our white paper, “ Strengthening Operational Resilience in Financial Services ,” and two blogs that focused on requirements in Europe and APAC. Like nearly all efforts in the U.S.,

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How Banks Benefit from the New Digital Operational Resilience Act

Pure Storage

The European Union’s Digital Operational Resilience Act (DORA) is intended to improve the way financial institutions manage data so that they are more resilient against ransomware and other cybersecurity threats. Business continuity, performance, simplicity, risk management, and ESG weren’t part of the equation.

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The impact of cybersecurity risks on financial services 

everbridge

Cybersecurity in financial services presents unique challenges in strengthening resilience against potential threats. The cost of cybersecurity risks According to IBM’s Cost of a Data Breach Report 2024 , the global average cost of a data breach reached USD 4.88

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What Is Wiperware? 10 FAQs

Pure Storage

Storage-as-a-service providers like Pure Storage also offer ransomware recovery SLAs , which help you recover faster by shipping clean arrays to get back online while infected arrays are locked down in forensics. Depending on location and industry, businesses may need to comply with specific data protection and breach reporting regulations.

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

This past year, we also saw increased interest from organizations outside of banking and financial services in learning how to apply operational resilience concepts within their programs. In 2023, we will continue to see more non-financial services companies adopt operational resilience concepts and frameworks.

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Confidence in an era of change

Fusion Risk Management

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. Another Fortune 500 customer highlighted that “GRC speak” or industry jargon just confuses leaders and service owners.