Moving beyond ‘on paper’ diversity to achieving true connectivity resilience
Maintaining critical operations and mitigating operational risk is a mandate across the BFSI sector.
Beneath the contractual obligations with material service providers is a harder question regarding operational resilience: can your network maintain critical operations during severe-but-plausible disruptions?
APRA’s CPS 230 Operational Risk Management Prudential Standard does not legally bind entities that aren’t APRA-regulated; yet its comprehensive framework for assessing operational resilience and maintaining critical operations is often treated as a reference point.