Business Continuity Management
Management
Thanks to Brad Lin, Director Risk Advisory at Deloitte Hong Kong for covering the very relevant hot topic of Business Continuity Management BCM to students in the Cybersecurity class. What made this even more special was that it was focused on Virtual Banking; one of the hottest areas in FinTech right now. Students got to learn about traditional BCM but how this needs to evolve to cater for the new and emerging companies in the Virtual Banking and Digital Payment business. Crisis management is a core part of a business strategy, and needs to involve key stakeholders in a timely fashion; failure to do so can result in significant impact to the company and brand as a whole. Thanks for reminding us all that BCM is not an “IT Issue”, but indeed a business-wide responsibility.