Remove Business Services Remove Crisis Management Remove Mitigation Remove Resilience
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DORA: Moving Beyond the Basics of Compliance and Implementing a Cross-Functional Approach to Resilience

Fusion Risk Management

With the twenty-four-month implementation period already underway, entities impacted by the Digital Operational Resilience Act (DORA) are beginning to implement best practices to drive compliance and operational resilience. Involving every stakeholder from the very beginning is one actionable way to mitigate these issues.

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Overcoming Operational Resilience Implementation Barriers

Castellan

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.

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The Importance of Impact Tolerance in Operational Resilience

Castellan

Impact tolerance is an important component of an operational resilience strategy. From there, you can use that information to prioritize what’s most important and then focus on mitigation and remediation. The Operational Resilience Connection. What can we do better? Defining impact tolerance is difficult. Why is this important?

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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. Stella Nunn, PwC.

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Clarity from Chaos: the Global Regulatory Challenge

Fusion Risk Management

If you ask most resilience students or apprenticeship trainees what their ultimate career goal position might be, heading up the global resilience team for financial services market leaders would likely be high up there. However, once you have reached those lofty echelons, you have a massive challenge on your hands.

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Hurricane Season is Approaching ? Are You Prepared?

Fusion Risk Management

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 ?