resilience

The ability of organizations to absorb and adapt to disruptions while maintaining continuous business operations, especially by the target date of March 2025, is a critical focus for many industries. For example, a financial institution might implement robust cybersecurity measures and backup systems to ensure continued service in the event of a cyberattack or natural…

The deadline of March 2025 signifies a critical date for financial institutions in the United Kingdom to demonstrate robust operational resilience under the Prudential Regulation Authority’s (PRA) framework. This framework requires firms to identify their important business services, set impact tolerances for disruptions to those services, and perform scenario testing to ensure they can remain…