Regulatory scrutiny around recovery procedures is increasing for financial institutions. Disaster recovery regulations like DORA, FCA 21/3, MAS BCM and GLBA put significant pressure on regulated enterprises to plan recovery procedures and evaluate risks from all third-party providers, including cloud providers.
A regulatory fine, like the £48.65 million fines recently imposed on UK bank, TSB, can cause customers to lose trust in your brand and have severe long-term revenue impacts. You need to mitigate risk and have confidence and trust in your technology resilience strategies - from the IT DR of your on-premises or cloud applications to cyber resilience procedures.
Key takeaways
Download this eGuide to learn how Cutover’s collaborative automation platform helps you to:
- Meet technology resilience regulatory requirements
- Prevent losses
- Minimize downtime in the event of an IT disaster.
Cutover provides a single platform to execute your IT DR and cyber resilience plans, it connects your teams, technology, and applications, combining both automated and manual tasks.
