article thumbnail

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

Fusion Risk Management

Start with a risk assessment to determine how or if the DORA will affect your business as a covered financial entity or TSP . Leverage a gap analysis to understand where your organization can strengthen current processes or add new ones to meet the range of proposed requirements for your ICT risk management framework. .

article thumbnail

5 Steps towards an Actionable Risk Appetite

LogisManager

Before we leave the subject of actionable risk appetites, we’d like to show you another way to leverage risk tolerance statements. First, you can use your risk tolerance level as a “cut level” to better determine which risks require more resources and attention. Less risk of business continuity failure.