Operational Resilience definition

Operational Resilience means the ability to prevent, adapt, respond to, recover and learn from a series of linked events or a singular event which is unplanned by the Participant and which has or is likely to have an adverse impact on the integrity, availability, confidentiality, authenticity and/or continuity of services of the Participant;

Operational Resilience means (i) for Participants on the UK MTF, the ability to prevent, adapt, respond to, recover and learn from operational disruption as adopted by the FCA, Prudential Regulatory Authority and Bank of England, or (ii) for Participants on the EU MTF, the ability to prevent, adapt, respond to, recover and learn from a series of linked events or a singular event which is unplanned by the Participant and which has or is likely to have an adverse impact on the integrity, availability, confidentiality, authenticity and/or continuity of services of the Participant;

Operational Resilience means the ability of a financial entity to build, assure and review its operational integrity from a technological perspective by ensuring, either directly or indirectly, through the use of services of ICT third-party providers, the full range of ICT-related capabilities needed to address the security of the network and information systems which a financial entity makes use of, and which support the continued provision of financial services and their quality;

Examples of Operational Resilience in a sentence

• Warfighter Operational Resilience: Current and Future Directions in the Development and Implementation of Programs to Maintain "Resilience Under Fire.

• Addressing the challenges and risks associated with digital transformation: in September 2020, the Commission proposed a Digital Operational Resilience Act ( DORA) to prevent and mitigate cyber threats and enhance oversight of outsourced services.

• The Acting Director of Operational Resilience and Training introduced the report and answered questions from Members.

• The Decide Planning reference of the "Digital Operational Resilience of Financial Services (DORFS) Act" is PLAN/2019/6126.

• Report by the Acting Director of Operational Resilience and Training.

• White, CERT Resilience Management Model: A Maturity Model for Managing Operational Resilience, CERT-RMM Version1.1 (Boston, MA: Addison-Wesley, 2011).

• Documentation regarding the security posture of DoD IS and PIT systems will be made available to promote reciprocity as described in DoDI 8510.01 (Reference (q)) and to assist authorizing officials (AOs) from other organizations in making credible, risk-based decisions regarding the acceptance and use of systems and the information that they process, store, or transmit.b. Operational Resilience.

• Documentation regarding the security posture of DoD IS and PIT systems will be made available to promote reciprocity as described in DoDI 8510.01 (Reference (q)) and to assist authorizing officials (AOs) (formerly known as designated approving or accrediting authorities) from other organizations in making credible, risk-based decisions regarding the acceptance and use of systems and the information that they process, store, or transmit.b. Operational Resilience.

• Operational Resilience is the preparedness and ability to anticipate, prevent, respond to, recover and learn from operational disruptions (whether unforeseen or not).

• All Urgent Care Programme Board (UCPB) partners have recently contributed to the development of a Berkshire West Operational Resilience and Capacity Plan 2014-15 (ORC) which confirms how the system will work together to manage operational resilience throughout 2014/15.

More Definitions of Operational Resilience

Operational Resilience means the ability of an RE to deliver critical operations through disruption. This ability enables an RE to identify and protect itself from threats and potential failures, respond and adapt to, as well as recover and learn from disruptive events to minimise their impact on the delivery of critical operations through disruption. In considering its operational resilience, an RE should assume that disruptions will occur, and take into account its overall risk appetite and tolerance for disruption or impact tolerance.