BUSINESS RESILIENCE SYSTEMS AND METHODS
First Claim
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1. An apparatus for monitoring business resilience, comprising:
- a risk assessment component configured to compare an asset and a threat for each of a plurality of risks;
a prioritization component configured to prioritize and mitigate each of the plurality of risks;
a deployment component configured to monitor the threat and to communicate the prioritization component of a status of the threat; and
a continuous assessment component configured to modify at least one component to maintain shareholder value.
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Abstract
Systems and methods are provided as pieces of the end-to-end resilience capability such as impact assessments, continuity plans and monitoring/alert technologies. Various disclosed systems and methods may be used to leverage technology in conjunction with consulting services to optimize the creation, maintenance and execution of business resilience. Select systems and methods utilize a diagnostic risk atom tool to connect an enterprise risk assessment that can be associated with a risk mitigation strategy and action plans that are triggered based on alerts and notification methods tied to an individual'"'"'s role, responsibility and assets that they manage.
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Citations
21 Claims
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1. An apparatus for monitoring business resilience, comprising:
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a risk assessment component configured to compare an asset and a threat for each of a plurality of risks; a prioritization component configured to prioritize and mitigate each of the plurality of risks; a deployment component configured to monitor the threat and to communicate the prioritization component of a status of the threat; and a continuous assessment component configured to modify at least one component to maintain shareholder value. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A method for monitoring and responding to risk elements, the method comprising the steps of:
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activating a first orbit to affect at least one key performance indicator for a process data point; activating a second orbit when the key performance indicator reaches a predetermined threshold;
where the second orbit includes determining the appropriate business functions and the accompanying resources;activating a third orbit being when the determination of the second orbit is completed;
where the third orbit includes identifying threats and risks that are associated with the business functions and accompanying resources of the second orbit; andactivating a fourth orbit when the identification of the third orbit is completed;
where the fourth orbit includes responding to the threats and risks of the third orbit. - View Dependent Claims (9, 10, 11, 12, 13, 14, 15, 16)
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17. A method of monitoring risks and threats in order to maintain business resilience, the method comprising:
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activating a first orbit to affect at least one key performance indicator for a process data point; activating at least one middle orbit to identify threats and risks associated with the process data point; and activating a final orbit being when the at least one middle orbit has completed its identification;
where the final orbit responds to the threats and risks of the at least one middle orbit. - View Dependent Claims (18, 19, 20)
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21. A computer-readable medium having computer-executable instructions to perform:
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comparing an asset and a threat to determine at least one key performance indicator for a process data point; identifying a plurality of risks associated with the process data point; prioritizing the plurality of risks for mitigation; monitoring the threat and providing a status of the threat; and modifying a business process to maintain business resilience.
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Specification