Governance

Operational Resilience

The ability of a financial institution to deliver critical operations through disruption.

Definitions (2)

Operational Resilience is defined as the ability of a financial institution to deliver critical operations through disruption, whether caused by cyberattacks, natural disasters, or other unforeseen events. It emphasizes preparedness, effective response, and rapid recovery capabilities to ensure continuous availability of essential financial services.

Operational Resilience refers to an institution's ability to deliver critical functions in the face of adverse events, including cyber incidents. The policy emphasizes building resilience through measures like incident response planning and regular cyber drills.