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But, with the invention of a crystal ball not on the horizon, organizations need an alternate way to gain a complete view of their important businessservices and be better prepared to prevent a potential disruption before it materializes. In today’s fast-paced world, resilience must be a strategic priority for businesses.
Given third parties support strategic and important businessservices, it is critical to ensure that your organization has its arms around th e risk s that come with them to ensure the resiliency of your own operations. The Old Model of Third-party Risk Management.
After all, Operational Resilience is not limited to the financial services industry. The intent is to establish “resilience-by-design” in strategic investments and critical projects. Learn how Fusion can help you along your resilience journey by contacting your AccountManager or requesting a demo today.
How to Strategically Approach DORA Implementation If you’re just starting out with preparation for the regulation, you’re not alone: 73% of our webinar participants reported that they were still in the early phases of gathering information and planning for DORA.
They also emphasize the need for organizations to strengthen their business continuity (BC) and operational resilience programs as well as prioritize agility to mitigate emerging threats and ensure compliance with global regulatory mandates.
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