Remove Banking Remove Resilience Remove Risk Management
article thumbnail

Risky Business at Silicon Valley Bank: What Happened?

DRI Drive

As federal regulators take over Silicon Valley Bank in the wake of its collapse, many finance sector resilience professionals are looking at its risk management strategies to figure out what went wrong. When the SVB collapse was announced on Mar.

Banking 370
article thumbnail

What Does Good Look Like in the Era of Operational Resilience?

Fusion Risk Management

Understanding Operational Resilience In an era marked by escalating threats such as natural disasters , geopolitical tensions , cyberattacks, and social unrest, an organization’s ability to adapt, react, and maintain operations is crucial.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Impact tolerance in operational resilience: A guide for businesses  

everbridge

Operational resilience has become a defining priority for organizations in sectors like finance and insurance, especially in the UK and Europe. The concepts within operational resilience have merit even in pharmaceutical, healthcare, and manufacturing. What are impact tolerances in operational resilience?

article thumbnail

Strengthening security resilience: A proactive approach to evolving threats

everbridge

Unlike one-size-fits-all security strategies, resilience requires an approach that accounts for regulatory complexities, interdependent infrastructure, and a highly digitalized economy. This blog explores key security challenges and provides actionable strategies for organizations looking to build true resilience.

article thumbnail

8.5 Million Crashes Later: Why CrowdStrike’s Blunder Is Your Risk Management Wake-Up Call

LogisManager

Million Crashes Later: Why CrowdStrike’s Blunder Is Your Risk Management Wake-Up Call Last Updated: July 30, 2024 On July 19, 2024, the world got a brutal wake-up call. Planes were grounded, banks were frozen, and hospitals were in chaos. Here’s where things went wrong: Vendor Risk Management? The price tag?

article thumbnail

What is operational resilience?

everbridge

Operational resilience is the ability of an organization to deliver critical business operations, even during disruptions. Unlike organizational resilience, which focuses on the broader capacity of an organization to adapt and survive, operational resilience focuses on maintaining critical operations.

article thumbnail

Financial Services: Are You Ready for the Upcoming Regulations?

Fusion Risk Management

Are you ready for the new Bank of England, PRA, and FCA regulatory requirements? Resilience dominates the agenda for organisations globally. The impending UK regulatory requirements reflect the societal need for better operational resilience. appeared first on Fusion Risk Management. Take the assessment now!