How Network Vulnerabilities Can Impact Operational Resilience
Operational resilience remains the top priority for those in financial services. From the U.S. Federal Reserve's study into "Sound Practices to Strengthen Operational Resilience" and "Principles of Operational Resilience" from the Basel Committee to the Bank of England's upcoming rule changes for financial organizations in the UK, the intent is to create financial services institutions that are geared towards managing digital disruption. The goal is that financial service businesses can continue providing mission-critical services in the event of disruptions such as IT glitches, outages, and cyber-attacks.