The countdown is on. The SS21/21 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.

Join this 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. Richard will discuss:

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

Business continuity planning isn't just a regulatory requirement for regulated financial institutions but an essential element of ongoing business operations.