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.
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. This degree of scenario testing helps to highlight further vulnerabilities. Decision-making assumptions are where we could fail.”. Stella Nunn, PwC.
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Castellan
OCTOBER 18, 2021
Delivering the planning at the business service level requires some degree of mapping of those business services,” Crask explained. Then over time as your program matures, you can focus on adding in additional details that help your organization identify or expose vulnerabilities for prioritization.
Castellan
SEPTEMBER 14, 2022
By understanding your impact tolerance, you can better understand the impact single points of failure and vulnerabilities could have on your organization. We recommend a five-step framework that looks like: Identify important business services. Impact tolerance is an important component of an operational resilience strategy.
Castellan
JANUARY 27, 2022
The program’s key performance indicators and key risk indicators look good, and I like the recap on prioritized vulnerabilities that have been closed and project work that’s currently underway. 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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