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3 Ways to Drive Value within Your Third-Party Risk Management Program and Beyond

Fusion Risk Management

A ccording to Deloitte’s global third party risk management survey 2022 , 73% of respondents reported having a high level of dependency on third parties – a nd that reliance is predicted to continuously increase which , in turn, means ongoing related challenges. Please request a demo or contact your Account Manager today!

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A Glimmer of Hope: Resilience at the BCI World Hybrid 2022 Conference

Fusion Risk Management

Request a demo or contact your Fusion account manager or myself via LinkedIn today! . The post A Glimmer of Hope: Resilience at the BCI World Hybrid 2022 Conference appeared first on Fusion Risk Management.

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The Importance of Building a Culture of Trust and Compliance

Fusion Risk Management

Here are also some stats to help build the business case: According to the “Cost of Data Breach Report 2022,” the average cost of a data breach continued to rise in 2022, reaching an average of $4.4 Want more information on how to keep your organization safe from disruption caused by ineffective risk management ?

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Empowering Customers on Their Resilience Journey with a New Model of Compliance

Fusion Risk Management

By March 31, 2022 firms needed to identify their important business services, map dependencies, and set impact tolerances. Reach out to your Account Manager to learn more about this new integration! While the next milestone isn’t until March 31, 2025, much needs to happen over the next three years.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. percentage points from January 2017 to January 2022.”

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When You Can’t Rely on a Crystal Ball, Elevate and Invest in Resilience

Fusion Risk Management

This is why in Deloitte’s 2022 worldwide, cross-industry survey , four out of five executives believe that their organization should create a Chief Resilience Officer role. That’s why Fusion Risk Management is here: to transform how organizations approach resilience.

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

Fusion Risk Management

ICT risk includes both cloud – based and non-cloud – based t echnology and data s ervice p roviders (TSP s ). . First introduced in September 2020, a provisional agreement on the DORA’s content was reached on May 11, 2022, and a full technical agreement was reached between EU negotiators. Map your dependencies.