Fusion Risk Management

APRIL 20, 2022

By March 31, 2022 firms needed to identify their important business services, map dependencies, and set impact tolerances. Engage your business along your resilience journey. While the next milestone isn’t until March 31, 2025, much needs to happen over the next three years. Build a connected view of your organization.

Resilience 52

Resilience Authorization Banking Account Manager 52

Castellan

SEPTEMBER 14, 2022

At Castellan, we see operational resilience as your organization’s ability to continue to provide business services when faced with adverse operational events by anticipating, preventing, recovering from, and adapting to those events. We recommend a five-step framework that looks like: Identify important business services.

Resilience 52

Resilience Capacity Business Services Vulnerability 52

Castellan

JUNE 9, 2022

Defining Important Business Services (IBS) and Impact Tolerances were the first major milestones with initial compliance dates of March 31, 2022. The PRA uses an example from payment services and highlights the different ways organizations have defined a business service.

Resilience 59

Resilience Marketing Banking Business Services 59

PagerDuty

JULY 12, 2022

The Past Incidents feature on the PagerDuty mobile app displays incidents with similar metadata that were generated on the same service as the current, active incident. One way to glean this information is by understanding Service Dependencies. This additional context facilitates accurate triage and reduces resolution time.

Application 97

Application Alert Mitigation Business Services 97

PagerDuty

JUNE 26, 2024

PagerDuty works on a service-based model – think identified Important Business Services (IBS) from the PRA regs – and routes alerts directly to the most appropriate teams and individuals who have the necessary expertise to handle the situation. This radically reduces the mean time to restore (MTTR) the service.

Resilience 52

Resilience Financial Services Alert Response Plan 52

Plan B Consulting

MAY 17, 2023

Operational resilience has been an active area of focus especially after the Covid-19 pandemic hit. In order for organisations to remain in business, organisations were forced to adapt rapidly and find new ways to manage their resources while continuing to respond to important client needs as well as achieving business objectives.

Resilience 52

Resilience Business Services Risk Management Consulting 52

PagerDuty

OCTOBER 26, 2021

This provides a single-pane-of-glass for responders by providing a side-by-side view of the business services impacted with ongoing incidents all within the Datadog dashboard. Display the current status of key business services along with the impacted business services while working on incidents in Datadog.

Application 52

Application Business Services Communications Technology 52

Fusion Risk Management

APRIL 5, 2023

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 business services and be better prepared to prevent a potential disruption before it materializes. Your business continuity plans are long and specific to an event – but not this event.

Resilience 59

Resilience Banking Strategic Vulnerability 59

LogisManager

NOVEMBER 9, 2021

LogicManager’s True Risk calculation accounts for not only the standardized questionnaires and publicly available sets of financial, security and operational data, but also the references between your vendor and your key business services, your data and your strategic priorities. Smarter Vendor Spend.

Management 97

Management Mitigation Disaster Recovery Publishing 97

Stratogrid Advisory

JUNE 15, 2020

The conclusion was that to be successful and effective, Business Continuity Planning must be an organization-wide activity. It involves the collaboration of all business functions and all departments. I spoke with many Business Continuity Professionals, and this seems to be the case in many organizations.

BCM 52

BCM Impact Analysis Continuity Planning Disaster Recovery 52

Stratogrid Advisory

JUNE 15, 2020

The conclusion was that to be successful and effective, Business Continuity Planning must be an organization-wide activity. It involves the collaboration of all business functions and all departments. I spoke with many Business Continuity Professionals, and this seems to be the case in many organizations.

BCM 52

BCM Impact Analysis Continuity Planning Disaster Recovery 52

Fusion Risk Management

JUNE 15, 2023

It is important to recognize, however, that DORA is not simply a “check-the-box” compliance activity. And while it may seem like certain aspects of the regulation belong to different parts of your organization, a cross-functional approach will best serve your business and your comprehensive operational resilience strategy in the long run.

Resilience 52

Resilience Mitigation Crisis Management Business Services 52

Fusion Risk Management

MARCH 8, 2023

involved Throughout the session, the Q&A aspect was very active, with much engagement and participation from Fusion’s product and product marketing teams as well as various other clients who were interested in learning more details about how our guest speaker utilizes Fusion’s dashboards and Advanced Reporting functionality.

Financial Services 52

Financial Services Risk Management Application Resilience 52

Plan B Consulting

MARCH 27, 2021

In these two papers, the Bank of England and the FCA lay out how they want financial institutes to carry out a series of operational resilience activities to make the whole of the UK’s financial market more resilient, and that an incident in one organisation could have a major impact on other companies, leading to financial collapse.

Business Continuity 52

Business Continuity Resilience Banking Marketing 52

Plan B Consulting

MARCH 27, 2021

In addition, the Financial Conduct Authority (FCA) Consultation paper of 2019 states: “Building operational resilience: impact tolerances for important business services and feedback to DP 18/04”. Identifying important business services. You should also identify the resources which underpin them.

Business Continuity 52

Business Continuity Resilience Banking Marketing 52

PagerDuty

JANUARY 18, 2022

The dependencies consumed by the service are documented. . Your organization might have services that don’t currently have a clear owner. They might be mature or legacy projects that no longer require active development or attention.

Alert 85

Alert Communications Sports Business Services 85

Fusion Risk Management

APRIL 28, 2022

In addition to traditional business continuity programs , companies must also be monitoring what the disruption means for their IT disaster recovery programs so that critical applications and equipment can be recovered effectively and efficiently to support the most important business services. regardless of disruptions ?

Disaster Recovery 52

Disaster Recovery Communications Logistics Hospitality 52

PagerDuty

MARCH 4, 2024

A DORA report is produced annually that delves into these metrics and associated research and, on reading this year’s report, it’s evident to me that PagerDuty can play an active part in helping firms improve their position and digital maturity. Resiliency, availability and reputation directly impact the bottom line.

Financial Services 52

Financial Services Banking Marketing Resilience 52

eBRP

SEPTEMBER 3, 2019

The status of all business services would all also be monitored, measured, and managed over the course of the exercise. These included affected applications (DR) and processes (BCP), activated plans, and people and skill resources.

Disaster Recovery 52

Disaster Recovery BCP Failover Disaster Preparedness 52

Fusion Risk Management

JANUARY 24, 2023

After all, Operational Resilience is not limited to the financial services industry. Operational Resilience is much more than just a compliance activity.

Resilience 52

Resilience Financial Services All-Hazards Banking 52

Pure Storage

NOVEMBER 29, 2022

It’s not always an easy engineering feat when there are fundamental architectural changes in our platforms, but it’s a core value that you can upgrade your FlashArrays without any downtime and without degrading performance of business services. . Learn more about how FlashArray//XL can power for your most demanding business services.

Architecture 52

Architecture Failover Capacity Business Services 52

PagerDuty

DECEMBER 6, 2021

Available in early access, Probable Origin provides incident responders with suggestions of incidents and services along with their percentage of likelihood to be the origin point of an active incident. View the current status of business services and corresponding impacted business services.

Alert 52

Alert Activation Communications High Availability 52

Fusion Risk Management

AUGUST 27, 2024

Resource Mapping – Map your resources to your critical or important business services. Resource Mapping – Map your resources to your critical or important business services. Scenario Testing – Validate and challenge the impact tolerances that you’ve set as well as the current state of your service resiliency.

Resilience 52

Resilience Mitigation Evaluation Crisis Management 52

Fusion Risk Management

NOVEMBER 27, 2023

Having a robust TPRM program allows organizations to quickly pivot and activate predefined recovery strategies or create ad hoc recovery strategies to minimize operational impact. The post Geopolitics, regulations, and resilience appeared first on Fusion Risk Management.

Resilience 52

Resilience Risk Management Financial Services Business Continuity 52

Pure Storage

JUNE 14, 2023

If you’re a customer with an active Evergreen//Forever ™ subscription, you’re eligible for an R4 controller for your FlashArray//X or FlashArray//C when your three-year time comes. You never have to bring systems down for the upgrade, and there’s zero performance impact on business services.

Capacity 64

Capacity Architecture Application Backup 64

Fusion Risk Management

MARCH 14, 2022

While we know that complying with it will take considerable time and investment, you are to an extent future proofing your business. You’re investing to make sure your important business services can withstand the unknown. Revisiting impact tolerances as services and value chains evolve .

Financial Services 40

Financial Services Resilience All-Hazards Vulnerability 40

Fusion Risk Management

MAY 12, 2022

In mapping all the important business services, many resilience managers reported finding themselves overwhelmed by the amount of data that required capture and analysis. This shift to pursuing a “data over documents” approach will allow firms to tie together the available data and translate it into useful, viable strategy.

Failover 52

Failover Resilience Crisis Management Mitigation 52

Pure Storage

FEBRUARY 21, 2024

As examples, we’ll look at steps Singapore, Hong Kong, and Australia have taken in recent years that illuminate how operational resilience is going to impact the financial services enterprise of the future in APAC and beyond. Singapore, Hong Kong, and Australia present particularly good examples, but no jurisdiction is ignoring this area.

Financial Services 59

Financial Services Resilience Audit Authorization 59

LogisManager

NOVEMBER 9, 2021

LogicManager’s True Risk calculation accounts for not only the standardized questionnaires and publicly available sets of financial, security and operational data, but also the references between your vendor and your key business services, your data and your strategic priorities. Smarter Vendor Spend.

Management 52

Management Risk Management Mitigation Disaster Recovery 52

Fusion Risk Management

SEPTEMBER 12, 2022

Technology and data service providers (TSPs) have become critical contributors in the successful operations of every organization. Think about it: if your technology or data warehouse were to fail, could you continue running your most critical business services?

Resilience 52

Resilience Insurance Insurance Outsourcing 52

Reciprocity

OCTOBER 9, 2024

Protect: Implement safeguards to ensure delivery of critical infrastructure services. Detect: Define the appropriate activities to identify the occurrence of a cybersecurity event. Recover: Identify activities to restore any capabilities or services impaired due to a cybersecurity incident.

Cybersecurity 40

Cybersecurity Audit Risk Management Vulnerability 40

Reciprocity

OCTOBER 9, 2024

Protect: Implement safeguards to ensure delivery of critical infrastructure services. Detect: Define the appropriate activities to identify the occurrence of a cybersecurity event. Recover: Identify activities to restore any capabilities or services impaired due to a cybersecurity incident.

Cybersecurity 40

Cybersecurity Audit Risk Management Vulnerability 40

NexusTek

JUNE 30, 2021

The research and advisory company predicts that by the end of 2023, 40% of organizations will have implemented anywhere operations , whose remote access will support employees and enhance the customer experience while managing business services across infrastructures.

Pandemic 52

Pandemic Cyber Resilience Technology Security 52

Pure Storage

APRIL 14, 2025

Embracing the Future: Transforming from Professional Services to Advanced Services by Pure Storage Blog Summary To deliver more specialized, efficient, and value-driven services, Pure Storage is moving from Professional Services to Advanced Services.

Audit 52

Audit Strategic Consulting Technology 52