Business Resilience Decoded

DECEMBER 9, 2021

Episode 84: Solutions to Financial Services Risks (in 15 Minutes) What are the main risks facing financial services companies today? The past couple of years have been hard on financial services companies. Vanessa breaks down the five main risks facing financial services companies today.

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Fusion Risk Management

MARCH 14, 2022

Industry websites are brimming with dos and don’ts and successes and failures pertaining to building more resilient operations, creating resilient cultures, and architecting the systems that support them. But where are firms in their journey to implementing more resilient operations?

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Fusion Risk Management

DECEMBER 15, 2021

We’re witnessing the digital transformation of risk and resilience driven by multiple tailwinds. Factoring in digital business acceleration, an expanding vendor ecosystem, and emerging risks, building and demonstrating resilience is increasingly complex. Years ago, risk and resilience programs were there to tick a box.

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FS-ISAC

JUNE 12, 2023

It would be nice to have a clear answer for senior management and regulators about threat resiliency. While we’re at it, a single quantitative score to describe threat resilience would be fantastic. That is, how well the organization is defending against the techniques that threat actors are using.

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FS-ISAC

JUNE 12, 2023

It would be nice to have a clear answer for senior management and regulators about threat resiliency. While we’re at it, a single quantitative score to describe threat resilience would be fantastic. That is, how well the organization is defending against the techniques that threat actors are using.

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Fusion Risk Management

NOVEMBER 27, 2023

They also emphasize the need for organizations to strengthen their business continuity (BC) and operational resilience programs as well as prioritize agility to mitigate emerging threats and ensure compliance with global regulatory mandates. The EU followed with the Digital Operational Resilience Act (DORA).

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Pure Storage

JUNE 6, 2023

How Banks Benefit from the New Digital Operational Resilience Act by Pure Storage Blog We’ve all seen how ransomware can bring businesses, local governments, and other organizations to their knees. A critical part of preparing for resilience in the wake of cyberattacks is building the capability to ensure business continuity.

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Castellan

JULY 28, 2022

Question: If you have or are developing an operational resilience programme, what are your reasons for this? Finding: Whilst regulation is a primary driver for operational resilience programmes, good practice is encouraging take-up amongst the broader market – 73.4% Page 8 of the report). for good practice purposes.

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Fusion Risk Management

DECEMBER 12, 2022

Whether you are on the journey towards operational resilience, organizational resilience, or business resilience, we can all agree that the goal is the same: to continue to deliver on our customer promise, no matter what happens. BCI World Hybrid 2022 Learnings. The Relationship with Risk is Stronger Than Ever.

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Fusion Risk Management

JANUARY 5, 2023

Operational resilience has been top of mind for regulators and financial services firms for the past few years. The old way of managing risk and resilience programs is no longer effective or efficient, and regulators have taken note. The DORA centers around five principles that can lead to operational resilience.

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Castellan

SEPTEMBER 21, 2022

What’s holding them back from moving toward a more comprehensive operational resilience program? This is one of the topics addressed recently in The BCI’s first Operational Resilience Report 2022 , published in partnership with Castellan. It’s not just financial services that struggle. And, are you one of them?

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Castellan

MAY 26, 2022

By now, if you’re a financial institution in the UK, you should be well aware of the new requirements for operational resilience that went into effect earlier this year. The requirements include reviewing operational resilience capabilities, including mapping and testing for impact tolerances for important business services.

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Fusion Risk Management

JANUARY 24, 2023

I visited many organizations throughout 2022 and observed varying maturity levels in programs on their journey to addressing regulatory and policy requirements related to Operational Resilience. In 2023, we will continue to see more non-financial services companies adopt operational resilience concepts and frameworks.

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FS-ISAC

JUNE 30, 2022

We spoke with MassMutual CISO Ariel Weintraub about how firms need to go beyond third-party risk management to focus on supply chain resiliency, and the different thinking required to effectively build it. You cannot define your own resiliency based on the assumed resiliency of another component in the supply chain.

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everbridge

DECEMBER 17, 2021

The year 2021 represented another historic period of resilience, during which businesses began to spring back from the pandemic lockdowns of 2020. In July 2021, to help organizations benchmark and reinforce their enterprise resilience, Everbridge rolled out the industry’s first CEM Certification Program.

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Fusion Risk Management

DECEMBER 7, 2021

Some see this as a series of challenges, but we see this as an opportunity to evolve your resilience program into a strategic asset for your company – and it can be done by digitally transforming your program. Operational Resilience and Digital Transformation. Key Takeaways To Help on Your Journey To Operational Resilience.

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FS-ISAC

MARCH 5, 2024

And she explains why DORA’s pillars may increase the sector’s resiliency as it matures the supply chain’s cyber defenses. In one sense, such metrics are available, insofar as they apply to the link between cyber risks and financial services organizations’ capital reserves.

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Business Resilience Decoded

APRIL 14, 2022

Episode 101: How to Make Your Supply Chain Resilient This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. In this episode, Kate Needham-Bennett of Fusion Risk Management is sharing her expertise on how to make your supply chains more resilient to alleviate and prevent disruptions.

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Business Resilience Decoded

APRIL 14, 2022

Episode 101: How to Make Your Supply Chain Resilient This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. In this episode, Kate Needham-Bennett of Fusion Risk Management is sharing her expertise on how to make your supply chains more resilient to alleviate and prevent disruptions.

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Business Resilience Decoded

APRIL 14, 2022

Episode 101: How to Make Your Supply Chain Resilient This episode is brought to you by Fusion Risk Management, Building a More Resilient World Together. In this episode, Kate Needham-Bennett of Fusion Risk Management is sharing her expertise on how to make your supply chains more resilient to alleviate and prevent disruptions.

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Fusion Risk Management

NOVEMBER 30, 2022

For those of us in the resilience field, it was a common goal after disruption not to return to normal, but rather to a ‘new normal’: one where we had learnt from our mistakes and built a more robust operating model, possibly in a new direction of business. . The Return of the Resilience Industry.

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Citrix

JUNE 8, 2023

Recent global events have created unprecedented change, forcing companies to look for ways to embed security, resilience, and agility … The post The time is now to prioritize connected ecosystems in the manufacturing industry first appeared on Citrix Blogs.

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AWS Disaster Recovery

MARCH 30, 2021

This affects the resilience of critical business applications and can stall cloud adoption. This two-part blog series will provide guidance on implementing IT resilience strategies. We’ll also explore the definition of resilience in the cloud and key considerations for adapting mindsets and organizational culture.

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Castellan

OCTOBER 18, 2021

Resilience. In Scenarios Episode 002 of Castellan’s podcast, “ Business, Interrupted ,” we chatted about the evolution of these words in both meaning and practice, as well as the rapid evolution of operational resilience into a resilience movement, with James Crask, senior VP and head of resilience at Marsh. Continuity.

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Fusion Risk Management

SEPTEMBER 12, 2022

There are even emerging regulatory requirements on the horizon such as the Digital Operational Resilience Act (DORA) that will extend regulatory reach to some technology and data service providers. Investing in Risk and Resiliency is the Right Thing to Do. Or, as so well articulated by the great British writer C.

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Fusion Risk Management

AUGUST 18, 2022

Operational resilience is not just another buzzword. Resilience enables agility when confronted by the chaos of our present world , and it protects against the disruption of critical customer – facing operations. An Emerging Operational Resilience Standard for Data and Technology. Defining a Critical ICT.

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The Failover Plan Podcast

SEPTEMBER 7, 2020

James is passionate about business continuity and helps C-Suites around the world make their organizations more resilient not just during an incident, but as a fundamental part of day to day operations. Linkedin This week, Shane talks with James Green, Director of Risk Advisory Services for SAI Global. Links: Twitter.

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PagerDuty

MARCH 4, 2024

Alternatively, and particularly in a Financial Services (FS) scenario, you’ll hear about DORA–the Digital Operational Resilience Act –which is a part of the European Union (EU) Digital Finance Package. Resiliency, availability and reputation directly impact the bottom line.

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Fusion Risk Management

SEPTEMBER 27, 2022

Third – party risk management (TPRM) continues to be a focus area for both regulated and non-regulated entities alike in the operational resilience landscape. Are you leading your firm’s resilience and operational risk (including vendor risk management) initiative s? . The Old Model of Third-party Risk Management.

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FS-ISAC

OCTOBER 13, 2023

AI Risks for Financial Services Organizations AI as a democratizer of talent and a tool for enhancing people’s skills can also extend the capabilities of threat actors. SLSA is an open-source framework, and now FINOS (Fintech Open Source Foundation) is looking at how that plays into financial services projects.

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Castellan

JUNE 10, 2021

So, what does this mean for operational resilience? Cyber resilience and operational resilience are emerging hand-in-hand. The post Are Cyber Attacks the Next Big Threat for Operational Resilience? The healthcare industry’s statistics are just a snapshot of what’s happening for industries around the globe. DOWNLOAD NOW.

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The Failover Plan Podcast

NOVEMBER 16, 2020

James is passionate about business continuity and helps C-Suites around the world make their organizations more resilient not just during an incident, but as a fundamental part of day to day operations. Links: David Lindstedt Twitter. Mark Armour Twitter. James Green Twitter.

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FS-ISAC

APRIL 18, 2023

17:32 – The benefits of quantum computing for the financial services industry 25:51 – How to initiate post-quantum computing planning

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Fusion Risk Management

MARCH 8, 2023

The Journey Towards Operational Resilience We ended the month’s last Community Exchange with a topic that we love to talk about: where practitioners are at on their journey towards operational resilience. Not to the surprise of many, the financial services industry is further along in their journey due to evolving regulations.

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Fusion Risk Management

FEBRUARY 7, 2023

If you ask most resilience students or apprenticeship trainees what their ultimate career goal position might be, heading up the global resilience team for financial services market leaders would likely be high up there. However, once you have reached those lofty echelons, you have a massive challenge on your hands.

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Fusion Risk Management

DECEMBER 21, 2022

Building resilience means looking to your North Star to anticipate, prevent, plan for, respond to, and learn from such unprecedented disruptions. As technology evolves, manufacturers need to ensure that their cyber resilience programs are adapting, evolving, and maturing while their investment in cyber resilience follows suit.

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Fusion Risk Management

DECEMBER 4, 2023

Today’s practitioners recognize that they need dynamic risk management , operational resilience, and business continuity (BC) programs – and they need to be agile in implementing them. In an era of constant change, the risks and threats to global organizations never sleep.

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