Managing agents should maintain robust and resilient operations, embedding cyber resilience and effective third-party risk management.
To support this, managing agents should:
Managing agents should maintain robust and resilient operations, embedding cyber resilience and effective third-party risk management.
To support this, managing agents should:
Prioritise resilience of the most important services; embedding appropriate governance for operational resilience into their businesses and prioritising recovery of important business services within identified and tested impact tolerances
Invest in their operational resilience, including their control environments, so that the risk of a future event causing harm to customers or threatening the business’ viability is mitigated
Embed cyber resilience into operations; protecting their information systems, processes, people and data from external or internal compromise to prevent harm to customers, loss of data, contagion and/or reputational damage to the wider Lloyd’s market
Below are some of the frequently asked questions about this Principle, including the questions that were asked in the Technical Briefing session(s).
If you have any further questions, please reach out to Oversight.Framework@lloyds.com