article thumbnail

When You Can’t Rely on a Crystal Ball, Elevate and Invest in Resilience

Fusion Risk Management

But, with the invention of a crystal ball not on the horizon, organizations need an alternate way to gain a complete view of their important business services and be better prepared to prevent a potential disruption before it materializes. In today’s fast-paced world, resilience must be a strategic priority for businesses.

article thumbnail

Introducing Fusion’s New Argos Risk Integration

Fusion Risk Management

Given third parties support strategic and important business services, it is critical to ensure that your organization has its arms around th e risk s that come with them to ensure the resiliency of your own operations. The Old Model of Third-party Risk Management.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Fusion Risk Management

How to Strategically Approach DORA Implementation If you’re just starting out with preparation for the regulation, you’re not alone: 73% of our webinar participants reported that they were still in the early phases of gathering information and planning for DORA.

article thumbnail

Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

After all, Operational Resilience is not limited to the financial services industry. The intent is to establish “resilience-by-design” in strategic investments and critical projects.

article thumbnail

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

LogisManager

To address these challenges, LogicManager’s True Risk calculation accounts for not only the standardized questionnaires and publicly available sets of financial, security and operational data, but also the references between your vendor and your key business services, your data, and your strategic priorities.

article thumbnail

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

LogisManager

LogicManager’s True Risk calculation accounts for not only the standardized questionnaires and publicly available sets of financial, security and operational data, but also the references between your vendor and your key business services, your data and your strategic priorities.

article thumbnail

Sensing the Tremors of Disruption

Fusion Risk Management

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 shift to pursuing a “data over documents” approach will allow firms to tie together the available data and translate it into useful, viable strategy.