A financial institution wants to strengthen its operational resilience strategy by planning and preparing to reduce their recovery time from a cyber attack or other system failure. They also want to reduce its impact and be able to communicate with internal staff and customers around when systems will be restored. Examples of how Solidatus supports a business continuity plan for cyber security:
- Map the relationship between different systems, so they can understand the dependencies of systems on one another
- Incorporate the order of bringing back systems into business continuity planning – based on priorities and dependencies
- Understand the scale of any system attacks and failures as they happen, as well as who owns which system
- Calculate an estimated time for systems to be back up, based on the information related to and tagged to each system
- Communicate this with the relevant internal and external parties impacted.
The organization is able to rapidly assess the scale of the issue, reduce the business impact, strengthen their operational resilience, and enhance their business continuity and disaster recovery plans, as well as their compliance with DORA.
