Fusion Risk Management Revolutionizes Scenario Testing to Help Organizations Identify and Address Unknown Vulnerabilities with First-To-Market Technology
31 Julio 2024 - 8:40AM
Business Wire
Fusion’s all new AI-powered Scenario Simulation
and Intelligence suite transforms testing to help organizations
reveal the most severe but plausible situations and test them to
the limit
Fusion Risk Management (“Fusion”), a leading provider of
cloud-based operational resilience, business continuity, and risk
management solutions, today announced the launch of its new
Scenario Simulation and Intelligence suite. These new capabilities
allow companies to simulate thousands of possible scenarios against
their resilience plans and strategies in order to identify points
of weakness at scale. With thousands of data points and thousands
of risks, there are many thousands of possible outcomes for any
scenario – meaning that it has never before been possible to truly
test your resilience approaches to their limits. Now, for the first
time ever, businesses will have the best opportunity to know what
could occur, how they will be impacted, and how to best respond no
matter how a disruption unfolds.
“What we have heard from our customers is that they want to know
– and many now need to know to prove to regulators – where their
organization could break during their next disruption. With the
complexity of most businesses, it has been nearly impossible for
teams to identify every vulnerability and test them to the limit –
until now. Scenario Simulation and Intelligence is the answer,"
said Michael Campbell, Chief Executive Officer, Fusion Risk
Management. "This solution represents a significant leap forward in
resilience technology. By harnessing the power of AI and
businesses’ own data in their Fusion instance, organizations can
stress test their operations against a multitude of scenarios,
uncover hidden vulnerabilities, and make data-driven decisions to
strengthen their resilience. This launch is just the latest of many
product enhancements Fusion has made this year, as we continue to
invest in innovative solutions that will help organizations thrive
in the face of uncertainty.”
Scenario Simulation and Intelligence serves as an extension of
resilience teams, acting as an advisor, analyst, and guide to turn
data into immediate actionable insights. With these new
capabilities, Fusion customers will be able to:
- Prepare for anything for the first
time ever: Run thousands of severe but plausible
scenarios concurrently to uncover previously unknown weak points in
your resilience plans along with gaps in your systems, processes,
and data. Understand where your organization is most vulnerable and
prioritize your focus.
- Test more scenarios with less
effort: Across multiple scenarios and based on the data
in their Fusion instance, customers can know what could occur, the
potential impact, and what to fix or have a plan for to ensure the
best response possible to disruptions.
- Eliminate human bias and prioritize
what matters most: Innovative, proprietary generative AI
suggests what Fusion customers should test, identifies their
organization’s most important vulnerabilities, and recommends
improvements.
- Improve “less than perfect”
data: If data is incomplete or not trusted, instead of
calling out vulnerabilities, simulations identify data gaps in
business impact analysis, risk, and plan data while prioritizing
what to fix first.
- Increase engagement with enhanced
tabletops: Assess organizational resilience prior to a
tabletop, then prioritize what scenarios to test with the proper
individuals participating. Save time and resources with a more
focused and efficient set of scenarios, exercises, and outputs –
all using the same Fusion platform that those individuals will use
to handle real incidents.
In addition to Scenario Simulation and Intelligence, Fusion is
also debuting Enterprise Exercise Management, an end-to-end event
orchestration solution that provides a formalized methodology and
workflow for large organizations to manage extensive testing
programs, streamlining the entire exercise process from planning to
post-event analysis. These enhancements reflect Fusion's commitment
to providing comprehensive, integrated solutions that help
organizations build resilience, manage risk, and ensure operational
continuity in an ever-changing threat environment.
Fusion’s Scenario Simulation and Intelligence and Enterprise
Exercise Management capabilities will be commercially available on
Wednesday, July 31, 2024.
About Fusion Risk Management, Inc.
Fusion Risk Management is a leading provider of cloud-based
operational resilience and business continuity software that
empowers our customers to be agile in times of cascading crises. We
help organizations drive the proactive business continuity and risk
strategies they need to face growing threats and ensure their
operations can bend but not break when faced with any challenge.
More than 400 global organizations rely on Fusion’s solutions to
unify risk across their enterprise, make data-driven decisions, and
work seamlessly with their critical third parties to sense risks
and mitigate disruptions. Learn more at www.fusionrm.com.
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Media Contact Articulate Communications for Fusion Risk
Management fusion@articulatecomms.com