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From Reactive to Proactive: Challenges, Trends, and Perspectives from Top Financial Services Firms

Fusion Risk Management

In Fusion’s latest roundtable, executives from top financial services firms came together to discuss and share their experiences on their resilience journey. 3) Merging taxonomies and finding common ground on continuity and risk processes. What’s keeping them up at night? How are they tackling common challenges?

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What is operational resilience?

everbridge

Beyond financial impacts, failing to maintain operations during a crisis can severely harm your reputation and strain relationships with customers and vendors. For industries such as Financial Services, Healthcare, Energy and Utilities, Telecom, and Manufacturing, disruptions can have far-reaching effects.

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Top Takeaways from the BCI’s Operational Resilience Report 2022

Castellan

My Reaction: No matter how you define operational resilience and what you include in terms of key outcomes, this is a great finding because it highlights the innovative nature of our professional and how we strive for continual improvement. Question: If you do not have an operational resilience programme, why not?

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Building Resilience and Compliance in Finance: Insights from PagerDuty’s Lee Fredricks by Laura Chu

PagerDuty

This speeds up recovery and helps teams continuously improve. To learn more, check out the PagerDuty Financial Services web page. PagerDutys Gen AI assistant, PagerDuty Advance, goes a step further by analyzing incident timelines and generating detailed post-incident reviews with actionable insights for further review.

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Tackle AI and Cyber Resiliency with Industry-first Innovations

Pure Storage

Our partnership with NVIDIA is bringing AI solutions for vertical industries including healthcare and life sciences and financial services. We’re reimagining storage as a service (STaaS) with innovation in Evergreen//One to ensure that you have the most agility to support AI moving forward. And we’re raising the bar again.

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Strong Incident Response is Business-Critical

FS-ISAC

The rapid digitization of financial services in the last few years – both in products and operations – has led to an exponential rise in the number of incidents firms are dealing with – be they internal software bugs, third-party vendor vulnerabilities, or cyber attacks. Following the North Star.

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BBVA: What it Takes to Secure Tomorrow

FS-ISAC

BBVA is member of several cybersecurity associations, such as the European Banking Federation, Institute of International Finance, European Financial Services Roundtable, and FS-ISAC. Effective and efficient sharing of intelligence is also critical. Talk about your partnership with Google Cloud on Chronicle.