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

Fusion Risk Management

And just like that, the first milestone on the Bank of England, Prudential Regulation Authority (PRA), and Financial Conduct Authority (FCA) operational resilience regulatory timeline came and went. Reach out to your Account Manager to learn more about this new integration!

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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. The reason being that t hird parties often introduce added risk to organizations outside the scope of their direct control. .

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

Fusion Risk Management

As such , there is an increased focus on financial institutions protecting their critical business services against disruption, so it is a logical next step for the supervisory authorities to place the burden on operational resilience on key third parties that support the financial system. . Defining a Critical ICT. Enforcement of the DORA.

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SIA New Member Profile: Credo Cyber Consulting LLC

Security Industry Association

The views and opinions expressed in guest posts and/or profiles are those of the authors or sources and do not necessarily reflect the official policy or position of the Security Industry Association. We attend ISC West and have several different educational panel discussions at the show. We also contribute to and attend SIA GovSummit.

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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Increasingly, financial services supervisory authorities are seeking to ensure that the third parties that are supporting a firm’s important business services meet all resilience requirements. Risk Management. To meet the DORA’s standards, firms must update their technology risk management governance.

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Operational Resilience in 2023: What Can We Expect?

Fusion Risk Management

and the EU operate with dedicated teams who work with the organization and local regulators to address the requirements that have been established by the Bank of England (BoE), Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA), and other EU-based authorities. appeared first on Fusion Risk Management.

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Identifying Important Business Functions: Your Building Blocks for DORA Compliance and Incident Management

Fusion Risk Management

Incident management is a crucial component of DORA regulation because the guidelines set forth will ensure that major incidents are efficiently, accurately, and consistently reported to regulatory authorities. Reach out to your Fusion Account Manager or request a demo to learn more today!