Fusion Risk Management
SEPTEMBER 12, 2022
Technology and data service providers (TSPs) have become critical contributors in the successful operations of every organization. Think about it: if your technology or data warehouse were to fail, could you continue running your most critical business services? Ability to Procure Cyber Insurance.
Stratogrid Advisory
MAY 11, 2020
Listed below are some of the most common justifications for not implementing a robust Business Continuity Management (BCM) Program : 1. We have business interruption insurance. The business interruption insurance will cover actual business loses and expenses associated with the restoration of business services.
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Castellan
MAY 26, 2022
The requirements include reviewing operational resilience capabilities, including mapping and testing for impact tolerances for important business services. While this is still within a relative stage of infancy, he noted generally positive movement for organisations effectively identifying their important business services.
Fusion Risk Management
MARCH 8, 2023
Processes, Dependencies, and Important Business Services This Community Exchange conversation brought some interesting insights to the forefront regarding the ways in which our customers structure their programs. Not to the surprise of many, the financial services industry is further along in their journey due to evolving regulations.
Fusion Risk Management
NOVEMBER 3, 2022
It is now common knowledge that your organization must invest in technology in order to build a defensible program that can demonstrate that you have appropriate oversight into your important business services. In the United States, that cost spikes to $9.4 million per violation, depending on the specific provision violated.
Fusion Risk Management
AUGUST 18, 2022
It also expands the scope of a regulator’s reach to those critical technology and data service providers that compose the digital footprint by which the important business services stand. The DORA will apply to 20 distinct types of existing regulated financial entities. Use technology to manage your ICT risk.
Pure Storage
DECEMBER 15, 2021
Cyber threats, including the current wave of ransomware attacks , have changed the data protection landscape forever—evolving the discussion from “time to back up” (to meet backup windows and retention policies) to “time to recover” (to restore business service and comply with regulatory requirements).
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