Adopting a Robust Approach to Business Continuity

The countdown is on. The SS1/21 Supervisory Statement - issued by the UK's Prudential Regulation Authority (PRA) - provides clarity on how firms they regulate should strengthen their ability to prevent, adapt, respond to, recover from, and learn from operational disruptions. Regulated companies must comply by 31 March 2025. Non-regulated organisations can learn a lot from this new regulatory focus on Business Continuity too.

With recent incidents like CrowdStrike, CHAPS payment delays and Bank of England system failures, operational resilience is at the forefront for many businesses. Fraud prevention remains a high priority - whilst CrowdStrike clarified that outage was not the result of a cyberattack, malicious actors exploited the chaos with phishing attempts targeting affected users.

Watch this on-demand webinar with industry expert Richard Ransom to help prevent potential impacts on your business – regulated or not, of not having a Business Continuity plan around your critical payment process. Topics include:

• Why all businesses should consider a focus on business continuity planning around payment processes
• Fraud prevention
• Top tips for contingency planning