Fusion Risk Management
JUNE 15, 2023
While each business is unique, those who have had a more successful approach to resilience and compliance tend to follow this similar methodology: Identify your critical business functions Begin by identifying what your individual critical business services are.
Castellan
JANUARY 27, 2022
First, specific to our in-scope products and business services, we’d like you to summarize our most pressing single points of failure, and our readiness should any be disrupted. They want to hear about what’s next, as well as some of the outcomes from our October Crisis Management Team exercise.”.
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Fusion Risk Management
FEBRUARY 7, 2023
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.
Castellan
SEPTEMBER 14, 2022
At Castellan, we see operational resilience as your organization’s ability to continue to provide business services when faced with adverse operational events by anticipating, preventing, recovering from, and adapting to those events. We recommend a five-step framework that looks like: Identify important business services.
Castellan
SEPTEMBER 21, 2022
Business continuity. Crisis management. These terms have been commonly used in the industry for decades, and likewise, unfortunately, many organizations still use related legacy, siloed processes to plan for and address business disruptions, even when real-world scenarios show there are challenges with this approach.
Fusion Risk Management
MAY 12, 2022
In mapping all the important business services, many resilience managers reported finding themselves overwhelmed by the amount of data that required capture and analysis. It can be said that many crisis managers have their fingers crossed for a quiet summer.
Fusion Risk Management
APRIL 28, 2022
In addition to traditional business continuity programs , companies must also be monitoring what the disruption means for their IT disaster recovery programs so that critical applications and equipment can be recovered effectively and efficiently to support the most important business services. regardless of disruptions ?
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