In our Operational Resilience Outlook Report 2024, only half of all respondents reported having a common understanding or definition of operational resilience within their organisations, with 30.8% saying they do not, and 19.2% unsure.
Read more…
From multimillion-dollar data breaches to economic and geopolitical tensions and conflicts, today’s headlines are dominated by unpredictable events and upheaval. Disruptions are inevitable in our current risk environment. It’s not a case of ‘if’ disruption might happen, but ‘when’.
Read more…
Australian mutuals, dedicated to sustainability for decades, lead the charge in building resilient enterprises against climate challenges. Ben Woods of Australian Mutuals History highlights their early actions, B Corp certifications, and eco-initiatives, inspiring a future of sustainability, transparency, and collaboration for all.
Read more…
Australian mutuals, resilient against evolving cyber threats, serve as a model for financial institutions. Explored by Ben Woods from Australian Mutuals History, their proactive approach emphasizes early awareness, collaboration, and innovation, offering essential lessons for building secure enterprises in the perpetual war against cybercrime.
Read more…
Corporate governance expert Nigel Kendall underscores the urgency for boards to build resilient enterprises in today's volatile business landscape, emphasizing the fiduciary duty beyond profitability. His insights explore the holistic approach to governance, linking ethical culture and adaptable business models, while drawing on case studies like Carillion and Wirecard to stress the consequences of negligence.
Read more…
The Bank of England, PRA, and FCA have put together a joint proposal, shedding light on the crucial aspects of fortifying critical third parties in the UK's financial sector. Explore the key events, regulatory strategic oversight, and proposed operational requirements that will shape the future landscape, providing you with valuable insights to navigate the evolving complexities of third-party dependencies.
Read more…
The GFC caused large financial chaos – yet Aussie mutuals stood firm. Why? Ben Woods of Australian Mutuals History dissects their resilience, built on bedrock of member focus, robust safeguards, and unwavering discipline. A lesson for all institutions: resilience blossoms from member-centricity and prudent risk management.
Read more…
A look at the imperative of keeping up with regulatory change, the tangible costs of compliance chaos, and strategies to navigate the ever-shifting risk landscape.
Read more…
In part four of our ABCs of Operational Resilience series, we look at how operational resilience regulatory requirements are undergoing expansion on a global scale, how this will impact your organization, and what you can expect over the next decade.
Read more…
In his exploration of the Y2K bug's impact on cyber risk management, Australian Mutuals History's Archival expert Ben Woods examines case studies of proactive preparation by Australian customer-owned banks. The article underscores the ongoing requirement for robust governance to address persistent cyber threats
Read more…
Driving operational resilience should be on your agenda for 2024. Here are a few ways to articulate the significance of operational resilience to your Board.
Read more…
In part two of our ABCs of Operational Resilience series, we explore why operational resilience is so important today, and consider numerous positive reasons to make driving operational resilience within your organization a priority.
Read more…
In the first of our ABC’s of Operational Resilience series, we look at what operational resilience is, who it’s relevant for, why it’s so crucial, and key terms to understand.
Read more…
In a global effort to combat financial crime, the European Union is on the brink of establishing the groundbreaking Anti-Money Laundering Authority (AMLA). This article delves into Ireland's strategic bid to host AMLA and the transformative impact it could have on the European financial regulatory landscape.
Read more…
