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The Pros and Cons of Outsourced Vs In-House IT Disaster Recovery

Erwood Group

The Pros and Cons of Outsourced vs In-House IT Disaster Recovery The Pros and Cons of Outsourced vs In-House IT Disaster Recovery In today’s fast-paced digital business age, IT disaster recovery is a critical component of any business continuity plan and proper business resilience planning.

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6 Signs Your Business Needs a vCIO

NexusTek

A popular alternative is a virtual CIO (vCIO), an outsourced resource of expertise, strategic planning, and leadership who works on a part-time or as-needed basis. Technology is now a key strategic tool—one that allows you to achieve business goals that are central to your competitive advantage. 2023, May 8).

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Introducing Fusion’s New Argos Risk Integration

Fusion Risk Management

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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Managing ICT third-party risk under DORA regulation

Fusion Risk Management

With less than a year to go until the January 2025 deadline to meet the requirements of the Digital Operational Resilience Act (DORA) regulation, entities are digging deeper into understanding the organizational and technical requirements of the regulation. DORA must be a deeply cross-functional collaboration effort.

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Third-Party Risk Management 101

Fusion Risk Management

In the classic sense, across industries, third-party risk management is the consideration and control over outsourcing a function that typically is done within the organization to an external party for the purpose of delivery of a product or service to the consumer or a service provided to the company. What does that mean?

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Fostering Collaboration with Your Third Parties

Fusion Risk Management

In the case of the tanker, it showed perhaps there could have been better planning for alternatives; in the case of COVID, it showed that industries needed to rely on their third parties as they rapidly scrambled to a remote outsourced business model.

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Five Key Takeaways from the 2021 Business Continuity Event Impact Management Report

Castellan

While business continuity, crisis management, and operational resilience teams tackled the pandemic and other business disruptors throughout the year, many did so with small teams. And many organizations, even those with limited resources, still aren’t buying into outsourcing their resilience programs as a managed service.