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. From there, you can use that information to prioritize what’s most important and then focus on mitigation and remediation. Get The Impact Tolerance Builder. DOWNLOAD NOW.
Fusion Risk Management
DECEMBER 12, 2022
Then, prioritize the services that, if disrupted, would impact that promise. Map important services – Identify the necessary people, processes, technology, and information required to deliver each important business service. Ask yourself: What is the process chain that delivers this overall service?
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LogisManager
SEPTEMBER 24, 2021
Despite the proliferation of vendor evaluation services, the question remains whether companies are in fact better protected now that they can access so much information about their vendors. Companies have continued to fall victim to risk management failures stemming from third-party vulnerabilities.
Fusion Risk Management
MAY 12, 2022
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. Stella Nunn, PwC.
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.
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