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Operational resilience has become a defining priority for organizations in sectors like finance and insurance, especially in the UK and Europe. With increasing disruptions caused by cyberattacks, supply chain issues, and evolving regulations, businesses need robust frameworks to protect critical services and maintain customer trust.
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 businessservices? Ability to Procure Cyber Insurance.
The requirements include reviewing operational resilience capabilities, including mapping and testing for impact tolerances for important businessservices. While this is still within a relative stage of infancy, he noted generally positive movement for organisations effectively identifying their important businessservices.
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