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DORA: Moving Beyond the Basics of Compliance and Implementing a Cross-Functional Approach to Resilience

Fusion Risk Management

Involving every stakeholder from the very beginning is one actionable way to mitigate these issues. Map out their dependencies and make sure to understand what the impact would be for each should that service experience a disruption. Ask yourself: which are the most important in delivering our products/services to our customers?

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BCM and ERM: What’s the Difference?

Castellan

Business continuity management encompasses the processes your organization uses to identify threats and risks to your operational resilience, understanding the impact of those risks on your organization’s important business services, and developing plans to ensure you can respond to and recover from these disruptions.

BCM 98
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Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

Using Contracts to Mitigate Vendor Risk. Every vendor presents some amount of risk to your organization, and what is a contract if not a control to help mitigate that risk? How can your legal team be sure that they’re including the appropriate clauses to mitigate the risk if they don’t understand the risk that is present?

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The Importance of Building a Culture of Trust and Compliance

Fusion Risk Management

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. Watch the replay of our most recent webinar titled Enabling Resilience Through Proactive Risk Mitigation.

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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? In mapping all the important business services, many resilience managers reported finding themselves overwhelmed by the amount of data that required capture and analysis. Speed of Response.

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Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management

LogisManager

Using Contracts to Mitigate Vendor Risk. Every vendor presents some amount of risk to your organization, and what is a contract if not a control to help mitigate that risk? How can your legal team be sure that they’re including the appropriate clauses to mitigate the risk if they don’t understand the risk that is present?

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Product’s Perspective: True Risk: Why External Vendor Ratings are Only Half the Picture

LogisManager

This vendor transparency helps you more effectively and efficiently mitigate third party risk. While there are countless strategies to help reduce vendor risk, the best thing a vendor manager can do is proactively uncover the True Risk their third parties pose to their organization.