Operational Resilience and Restructuring: A Bridge Too Close?
By Thibaud de Barmon
A featured article of our February 2021 edition of PRMIA's Intelligent Risk quarterly newsletter
Operational resilience is often described by regulators and practitioners as the ability to deliver financial services in both good and bad times. For regulators, bad times are temporary disruptions such as natural events, civil unrests, terrorist attacks, cyber attacks or system outages. In these bad times, delivery is achieved through business continuity management, incident management, information security management, or third-party management.
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