This session will discuss a project currently being undertaken by the Financial Services Technology Consortium and the Software Engineering Institute at Carnegie Mellon University. These groups aim to define a Resiliency Maturity Model (RMM) framework to: review and evaluate existing work in process frameworks and improvement models for operational risk management, business continuity and information security programs; define the capabilities and attributes of resilient organizations; define the ROI for investments in higher levels of resiliency; identify the actions and investments a FI must take to move from one level to the next level; link current regulatory expectations to a resiliency capability framework; and establish a methodology to measure and benchmark resiliency within and among organizations.
This project has the endorsement of the board of directors of the Disaster Recovery Institute International and includes a board member on the project team steering committee. Attendees will gain an understanding of the current status of the RMM project team and the planned next steps with the project.

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