Patrick Potter, digital risk strategist at RSA, shares insights into how financial institutions – some already heavy with digitalisation – need to elevate their business recovery and resiliency strategies to navigate through the global pandemic and prepare for the ‘next normal’. James Fong, RSA Archer regional business director, also weighed in on the importance of business resiliency activities with third-party relationships. In the context of the pandemic, these can have a significant impact – such as in the form of information security breaches, fraud, business interruption and reputational damage. Together, they present the various use cases on risk assessments and diagnostics, and how organisations can remain resilient.
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