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This month's newsletter is dominated by the recent events in Ukraine. In our headline piece, we consider how a resilience-based mindset can help organisations manage the heightened uncertainty and risk from the cyber domain following heightened tensions between Russia and the West. We also reflect...
Last month, our Chairman Paul Taylor FREng participated in a Crisis Management panel for KPMG’s industry collaboration forum i4, which featured Paddy McGuiness, Tracey Pretorius and Nick Shah. The panel was a huge success and one of the forum’s best attended events. A useful prompt...
The second blog post in our Operational Resilience series focuses on scenario testing. Firms are defining anywhere between 30-50 important business services, with some of the more complex multinational firms identifying over 100. The prospect of scenario testing this number of impact tolerances against a...
The PRA, FCA and Bank of England released their Operational Resilience Policy last week, which set the clock ticking on the 12-month compliance window. A key principle in the Policy is that firms should set impact tolerances for important business services which are consumer focused...
I think we can all agree the last year or so has been tough, but it seems there is light at end of the tunnel with several vaccines being rolled out around the world, providing a much needed spark of optimism for 2021. Whilst many...