The Operational Resilience Framework
Enhancing Operational Resilience for ACH Network Participants– Co-authored by Nacha and Global Resilience Federation (GRF), the paper provides a strategic framework and guidance based upon the ORF to address the risk of ACH Network disruptions.
At PwC, we define operational resilience as “an organisation’s ability to protect and sustain the core business services that are key for its clients, both during business as usual and when experiencing operational stress or disruption.”
In this publication we define operational resilience and set out how to implement an eficient, effective framework by asking: What is operational resilience and why is it more important than ever? How has the supervisor viewed the topic to date and what is the outlook? How can operational resilience be achieved?
Operational Resilience Framework: A Step-by-Step Guide
May 24, 2024 · At its essence, an operational resilience framework is a structured approach that enables organisations to anticipate, withstand, adapt, and recover from disruptions effectively. It encompasses strategies, processes, and technologies aimed at maintaining business continuity and minimising the impact of adverse events.
Operational Resilience Framework v1.0 Released for Use in
Nov 17, 2022 · The goal of the Operational Resilience Framework is to reduce operational risk, minimize service disruptions and limit systemic impacts from destructive attacks and adverse events. The framework’s rules and implementation aids, aligned to existing standards including NIST and ISO, help ensure services critical to customers and partners ...
Operational Resilience Framework (ORF) Released for Public …
Apr 21, 2022 · The goal of the Operational Resilience Framework is to reduce operational risk, minimize service disruptions and limit systemic impacts from destructive attacks and adverse events. The framework’s rules, released today for public comment, are aligned to existing standards including NIST and ISO.
What Is Operational Resilience, and How to Build an Operational…
Aug 1, 2024 · Minimising downtime and mitigating risks: A strong operational resilience framework helps minimise downtime and protects against potential losses that can result from disruption. This is particularly important for companies that rely on continuous operations to maintain their competitive edge.
In this paper we consider how regulatory perspectives on operational resilience are developing, how the landscape has shifted as a result of COVID-19 and what financial services firms can do now to strengthen their operational resilience through the recovery and beyond.
In this paper, we explore what organisations need to do to design and embed a framework to deliver operational resilience. This will be followed by guidance on how to audit operational resilience.
A 12-point framework for operational resilience - DXC Technology
We’ve developed a framework that identifies 12 management disciplines that can be grouped together in different ways to ensure appropriate operational resiliency responses for different risks. The core solutions and services that are available as part of the Operational Resilience Framework combine applications , security , ITO and other ...