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Everything You Need to Know About Business Continuity Plans

Erwood Group

Everything You Need to Know About Business Continuity Plans. Business Continuity Plans. Chances are if you’re visiting this page, you are new to the concept of Business Continuity Plans (BCPs) and business continuity overall. Definition of Business Continuity Plan.

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What Is Reputational Risk For Banks?

LogisManager

What Is Reputational Risk For Banks. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks. What is Reputational Risk Management in Banks? Risk management is an essential piece of any bank’s operations.

Banking 52
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Strengthening security resilience: A proactive approach to evolving threats

everbridge

Strengthening crisis preparedness and incident response Organizations need to have well-documented incident response and business continuity plans in place. Banking sector: Preventing a large-scale ransomware attack A major bank successfully thwarted a ransomware attack that targeted customer transaction data.

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Customer Value Story: Planning for the Unexpected

LogisManager

Topic: Creating a business continuity planning process that sets your business up for long-term success. In 2020, we wrote about helping this bank channel chaos into creativity during the early days of the pandemic when there was an influx of PPP loan requests (check out the full story here ). Introduction.

BCP 94
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What is operational resilience?

everbridge

This concept, as defined by the European Banking Authority, emphasizes ensuring that essential services continue to function amid challenges such as cyber-attacks, natural disasters, regulatory changes, or supply chain disruptions. Regularly test frameworks through drills and simulations , ensuring readiness during high-stress events.

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Crisis Management Case Study – Leading Financial Risk Management Organization

MHA Consulting

The Client : The client is a leading financial risk management organization to the major banking and financial institutions across the United States. The organization is highly regulated and must meet stringent Business Continuity Planning (BCP) guidelines for financial institutions as well as those of its customers.

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SMB Cyber Summit

BCP Builder

Unfortunately, I googled my bank when I was living in the UK and found myself on a fake login page. The next day, all of my money was transferred out of my bank account! It was a horrible situation and a stressful few days before finding out the bank was going to reimburse the funds.

BCP 52