Critical systems mapping identifies and illustrates the essential components and interconnections within an organization’s operational infrastructure. This process involves detailing the dependencies between various technological systems, data flows, and human processes crucial for an entity’s functioning. It helps in understanding potential points of failure, assessing resilience, and developing robust incident response plans. Such mapping is vital for risk management and operational continuity, particularly in complex digital environments.
Context
For digital asset service providers, critical systems mapping is increasingly important due to the interconnected and often distributed nature of blockchain technology. Understanding the flow of transactions, custody solutions, and oracle dependencies is essential for regulatory compliance and risk mitigation. This practice helps organizations demonstrate their operational resilience to supervisors and stakeholders, addressing concerns about system vulnerabilities.
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