Vendor Outage: System Down is a simulation from iluminr in the Third-Party & Technology category for Third-Party Risk, Operations and Risk. It tests how your team protects payments & customer account access, with indicative mapping to Interagency Third-Party Guidance, OCC / Fed / FDIC Sound Practices and FFIEC BCM Handbook.
Respond to a critical vendor cyber-attack that has disrupted essential services, focusing on business impact assessment, data review, and immediate contingency actions.
What it tests
- Review and validate Business Impact data from the Business Continuity Plan / Playbook.
- Validate currency of critical functions, owners and dependencies.
- Review and validate first actions in Business Continuity Plans.
How you can run it
Questions about Vendor Outage: System Down
What does Vendor Outage: System Down test?
Vendor Outage: System Down tests whether your team can review and validate Business Impact data from the Business Continuity Plan / Playbook, validate currency of critical functions, owners and dependencies and review and validate first actions in Business Continuity Plans.
Who should take Vendor Outage: System Down?
Vendor Outage: System Down is designed for Third-Party Risk, Operations, Risk, Business Continuity, Technology & Security and Executive & Board.
Which regulations and standards does Vendor Outage: System Down support?
Vendor Outage: System Down supports testing expectations in Interagency Third-Party Guidance, OCC / Fed / FDIC Sound Practices, FFIEC BCM Handbook, EU DORA, UK PS21/3 Operational Resilience, APRA CPS 230, OSFI E-21, ISO 22301, Basel Principles for Operational Resilience, EBA Outsourcing Guidelines, EBA ICT & Security Risk Guidelines, OSFI B-13, SEC Regulation SCI, MAS BCM Guidelines, AU SOCI Act, ISO 22316, CPMI-IOSCO PFMI, ISO 22398 and NIST SP 800-84. Mapping is indicative, so confirm scope against your own obligations.
Can Vendor Outage: System Down be run individually or as a team?
It runs as a team exercise in a shared event room. It can also be extended into a full-scale simulation across teams and partners.
Can we customize Vendor Outage: System Down?
Yes. You can tailor the roles, plans, critical services, injects and objectives in the iluminr builder, or have our team customize it for you.
How do we get access to Vendor Outage: System Down?
Request it from this page. If you are an iluminr customer, we will set up access in your account. If not, we will contact you and either provide access or facilitate it for you.
