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Operational Resilience Self-Assessment: Achieving the March 2022 Deadline

Castellan

In March 2021, The Bank of England, the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA) published policy documents about operational resilience. This needs to be followed as soon as possible after 31st March 2022, and no later than 31st March 2025, by a roll-out of operational resilience capabilities.

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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

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. One legislation addressing these risks is the landmark Digital Operational Resilience Act (DORA).

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The Digital Operational Resilience Act is Finalized – Now is the Time to Act

Fusion Risk Management

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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Customer Insights 2023: Fusion’s March Community Exchange Round Up

Fusion Risk Management

At Fusion, we are determined to enhance our customers’ risk and resilience programs. Simplifying the End User Experience Effective resiliency training allows end users to actively learn how to use software, such as the Fusion Framework® System , in a simplified manner. Weren’t able to join one of our March 2023 sessions?

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RTO vs. RPO: What’s the Difference and How are They Used?

Castellan

In business continuity and operational resilience conversations, RTO defines a specific period of time and is generally stated as a set number of hours, days, weeks, etc. If there are viable manual workarounds, the resource itself may have a longer RTO because downtime would not have as great of an impact on operational resilience.

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Selling Business Continuity to the C-Suite: Don’t!

Plan B Consulting

Other reasons can be found within articles such as, ‘Supply chain resilience – The case for understanding the ROI in resilience’ , by David Window, which looks at the return on investment in mitigating supply chain risks. Due to the nature of their operations I knew that they really needed business continuity.

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Selling Business Continuity to the C-Suite: Don’t!

Plan B Consulting

Other reasons can be found within articles such as, ‘Supply chain resilience – The case for understanding the ROI in resilience’ , by David Window, which looks at the return on investment in mitigating supply chain risks. Due to the nature of their operations I knew that they really needed business continuity.