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.
Solutions Review
JANUARY 20, 2022
Sometimes the rush to keep business services functioning meant that security was overlooked, and cybercriminals are ready to exploit these vulnerabilities. Web application vulnerabilities. Web application vulnerabilities are the next attack vector you need to assess to determine how secure your applications really are.
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Fusion Risk Management
APRIL 5, 2023
Where are my vulnerabilities? 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. Where are my strengths? Where should I focus my efforts?
Castellan
MAY 26, 2022
The Financial Conduct Authority (FCA) , the Bank of England (BoE) , and the Prudential Regulation Authority (PRA) announced these new requirements a year ago to improve the operational resilience of financial services in the UK. Cause catastrophic consequences and unacceptable harm to your most vulnerable customer(s)?
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?
Fusion Risk Management
MARCH 1, 2022
The Bank of England, as part of their operational resilience policy statement , continually outlined the need for institutions to ensure that they can continue to deliver their important business services during severe (or extreme) but plausible scenarios.
Fusion Risk Management
JANUARY 24, 2023
After all, Operational Resilience is not limited to the financial services industry. A “Resilience Hub” or platform is a best-practice approach that we see many firms take to develop a common operating language and to centralize all management, protection, and reporting against their important business services.
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