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In todays bulletin, Charlie discusses supply chains and business continuity and gives an insight into some useful case studies around supply chain resilience. What I take away from looking at a new set of case studies is that MSPs and specialist outsourcers have been integral to a vast number of different organisations.
The Pros and Cons of Outsourced vs In-House IT Disaster Recovery The Pros and Cons of Outsourced vs In-House IT Disaster Recovery In today’s fast-paced digital business age, IT disaster recovery is a critical component of any business continuity plan and proper business resilience planning.
In today’s increasingly digital financial landscape, the resilience of operational systems is crucial. The Digital Operational Resilience Act (DORA) aims to enhance the operational integrity of financial institutions and protect against disruptions that could threaten financial stability. Who Qualifies as a DORA Secondary Provider?
James is passionate about business continuity and helps C-Suites around the world make their organizations more resilient not just during an incident, but as a fundamental part of day to day operations. Guest Bio: James Green is the Director of Risk Advisory Services at SAI Global. Links: Twitter.
With leaner supply chain management techniques and approaches like outsourcing, offshoring, just-in-time inventory and vendor managed inventory, disruption has worldwide consequences. There are many different tools available to help build a smarter and more resilient supply chain experience.
James is passionate about business continuity and helps C-Suites around the world make their organizations more resilient not just during an incident, but as a fundamental part of day to day operations. James Green is the Director of Risk Advisory Services at SAI Global. Links: David Lindstedt Twitter. Mark Armour Twitter.
Denver, CO (July 28, 2021) – NexusTek, a national provider of managed IT services and full IT outsourcing solutions to businesses across the U.S., Managed IT services provider devises various cybersecurity plans to protect businesses from increasing social engineering attacks. About NexusTek. Canada, Mexico, and the United Kingdom.
2) Is the vendor resilient? There’s been a tremendous increase in outsourcing over the past several years. The desire to transfer risk can also factor into the decision to outsource, especially for business functions that can easily be performed by third parties, such as customer service, call centers, payroll services, and logistics.
Global IT disruptions and outages are becoming the new normal, testing the operational resilience of businesses everywhere. However, leading companies are using automation to manage chaos, drive innovation, and build the operational resilience required for modern digital businesses. Learn more about Generative AI (GenAI) at PagerDuty.
Operational resilience has been top of mind for regulators and financial services firms for the past few years. The old way of managing risk and resilience programs is no longer effective or efficient, and regulators have taken note. One legislation addressing these risks is the landmark Digital Operational Resilience Act (DORA).
There are even emerging regulatory requirements on the horizon such as the Digital Operational Resilience Act (DORA) that will extend regulatory reach to some technology and data service providers. Investing in Risk and Resiliency is the Right Thing to Do. Or, as so well articulated by the great British writer C.
Consider factors such as compliance, ease of use, security, and resilience in your decision-making process. A cloud provider also allows you to outsource provisioning as well as expertise. Resilience can be a virtue for both cloud and on-premises data. Each has its pros and cons.
According to an Everbridge-commissioned research study in 2022, 65% of decision-makers agree that crises have changed significantly over time in regard to frequency, impact, and unpredictability; yet resilience responsibilities tend to be spread across organizations, with limited or no central oversight. What is managed services?
This role could be an in-house team, outsourced, or hybrid. If outsourced or hybrid, a designated employee should act as a liaison. Pure’s entire portfolio brings security and resiliency to your data estate, offering: Read-only snapshots of backup data and infinitely configurable policies. Information Security (InfoSec).
In the business world where executives can sometimes be hyper-focused on dollars-in versus dollars-out—far more than resource allocation for operational resilience—business continuity professionals often find themselves struggling with having to do more with less. Outsourcing or Managed Services.
Global IT disruptions and outages are becoming the new normal, testing the operational resilience of businesses everywhere. However, leading companies are using automation to manage chaos, drive innovation, and build the operational resilience required for modern digital businesses. Learn more about Generative AI (GenAI) at PagerDuty.
They followed it up with well-scripted letters to customers and partners 8 , but it was really the LinkedIn post from the CISO Shawn Henry 10 , coming a few days after the outage, that truly resonated with the security, risk, and resilience community (the buyers of tools such as CrowdStrike). The Active Comptroller Michael J.
A popular alternative is a virtual CIO (vCIO), an outsourced resource of expertise, strategic planning, and leadership who works on a part-time or as-needed basis. But with annual salaries averaging over $300,000 1 , a full-time CIO is impractical for most small to medium-sized businesses (SMBs). Not sure if a vCIO is right for your business?
This is because co-managed IT allows your in-house IT team to focus on higher-value tasks—improving job satisfaction—while outsourcing routine, but time-consuming, tasks to your MSP. Prev Previous Cybersecurity Isn’t Enough — Become a Cyber Resilient Organization. How should CIOs respond to inflation? Q&A with Robert Naegle.
Identifying them, taking the appropriate steps to mitigate risk , and continuously learning and adapting brings a proactive approach that helps build resilience throughout your organization.
Eliminating unnecessary tasks was not easy; it required me to train others to take tasks, hire where possible, outsource to external parties, forget about some and most importantly, trust that the minimum set of tasks was what I needed to do. eliminate, transfer, outsource, etc.). Which ones are window dressing?
You Outsource the Activity, Not the Risk: A fundamental lesson when managing supply chains is that if your supplier fails, the risk is still yours. The Ministry of Justice, for instance, does not have its own construction arm, so it must outsource construction projects.
NexusTek has over 25 years of experience in delivering cybersecurity solutions, and these new managed cybersecurity plans further NexusTeks commitment to clients, enhancing their security posture and cyber resilience against escalating cyber threats. Canada, Mexico, and the United Kingdom.
Businesses have a formidable task of improving resiliency. Outsource to an IT company. With the increasing numbers of successful cyberattacks in the USA, cybersecurity is no longer a question of whether you need it but when you will implement it. There are different ways a business can acquire cybersecurity solutions.
Third – party risk management (TPRM) continues to be a focus area for both regulated and non-regulated entities alike in the operational resilience landscape. Are you leading your firm’s resilience and operational risk (including vendor risk management) initiative s? . The Old Model of Third-party Risk Management.
In the classic sense, across industries, third-party risk management is the consideration and control over outsourcing a function that typically is done within the organization to an external party for the purpose of delivery of a product or service to the consumer or a service provided to the company. What does that mean?
Bobby currently serves as the Chief Commercial Officer at Deepwatch, a leading managed security platform for the cyber resilient enterprise. .” In addition to Hamilton’s appointment, NexusTek is pleased to announce the appointment of Bobby Christian as the Executive Chairman of the NexusTek Board of Directors.
While business continuity, crisis management, and operational resilience teams tackled the pandemic and other business disruptors throughout the year, many did so with small teams. And many organizations, even those with limited resources, still aren’t buying into outsourcing their resilience programs as a managed service.
BCM Program audits are typically executed to evaluate an organization’s resilience maturity, but they can also be focused on specific program areas, such as the Business Continuity Plan, training programs, or the IT Disaster Recovery Plan. Audits are typically delivered in phases A typical audit can be broken down into three general phases.
BCM Program audits are typically executed to evaluate an organization’s resilience maturity, but they can also be focused on specific program areas, such as the Business Continuity Plan, training programs, or the IT Disaster Recovery Plan. Audits are typically delivered in phases. When to do an audit of your BCM Program.
Remember the managed outsourcing industry? Read the IDC report , Digital Infrastructure Resiliency Drives Interest in New As-a-Service Cloud Operating Models , to learn more about STaaS and why enterprise organizations are prioritizing digital infrastructure resiliency as a foundational element of their IT strategy. .
In the case of the tanker, it showed perhaps there could have been better planning for alternatives; in the case of COVID, it showed that industries needed to rely on their third parties as they rapidly scrambled to a remote outsourced business model.
Cloud resilience technology is the key to IT resilience and the continuous availability of data, applications and other critical resources. As cloud and outsourcing are a consideration for every other IT service decision, so too should they be for managing your companys business continuity and disaster recovery.
There seemed to be a moment sometime last year, when many issues associated with business continuity were solved, and the world became more resilient. The cloud provides a more resilient infrastructure, as the economies of scale allow for multiple power feeds, redundancy in chillers and generators, high security and access.
There seemed to be a moment sometime last year, when many issues associated with business continuity were solved, and the world became more resilient. The cloud provides a more resilient infrastructure, as the economies of scale allow for multiple power feeds, redundancy in chillers and generators, high security and access.
Bobby currently serves as the Chief Commercial Officer at Deepwatch, a leading managed security platform for the cyber resilient enterprise. .” In addition to Hamilton’s appointment, NexusTek is pleased to announce the appointment of Bobby Christian as the Executive Chairman of the NexusTek Board of Directors.
Proper business interruption coverage is a significant part of your risk management strategy and the vital part of the overall organization’s resiliency plan, but your organization should not solely rely on it. We outsourced everything, so we don’t need a Business Continuity Plan. We have business interruption insurance.
Outsourcing and delegating IT services to global cloud service providers for the sake of economics, agility and flexibility does not absolve them of their compliance obligations. The Resurgence of Tape as a Critical Component of Cyber-Resilient Infrastructure. Turning a blind eye to their data sovereignty issues is just not an option.”
I attended an excellent talk by Steve Yates at the Scottish Resilience Conference on Monday and he was talking about business continuity and the Olympics. All these event will cause transport disruptions and have an impact on the ability of businesses and public sector organisations to deliver their services to customers and stakeholders.
I attended an excellent talk by Steve Yates at the Scottish Resilience Conference on Monday and he was talking about business continuity and the Olympics. All these event will cause transport disruptions and have an impact on the ability of businesses and public sector organisations to deliver their services to customers and stakeholders.
Both are important to an organisation’s overall resilience, but there are several key factors that separate them from each other. If the current answer is no one, it’s important to task an individual, team or outsourced organisation with your company’s security protection. The short answer. The bottom line: your business needs both.
They look that way at whole departments, too, and many consultants look at outsourcing a lot of roles that have traditionally been performed in-house. This alternate view to organizational resilience is contributed to because of business continuity planning and putting together the pieces to recover from disasters.
It’s common that many businesses outsource aspects of their operations, but in doing so, they are responsible for ensuring the security posture of those external entities – which is operationally complex, to say the least.
The Business Continuity planners need to find a way to leverage already completed IT resiliency activities and integrate them into BCM efforts. It becomes even more challenging if IT infrastructure or applications are outsourced to third-party providers. It must include your internal or outsourced IT organization to be effective.
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