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Internal Controls & Fraud Prevention

Reciprocity

Internal fraudsters might engage in fraudulent activity for years by taking advantage of their “trusted insider” status. The collapse of Enron, along with several other corporate frauds circa 2001, led to enactment of the Sarbanes-Oxley Act in 2022. Internal Audits. Fraud is often difficult to detect.

Audit 52
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Virginia’s New Rules for Facial Recognition and What They Mean for the Security Industry

Security Industry Association

As the Virginia General Assembly wrapped up its 2022 regular session last week, it sent a bill to Gov. Once an agency is using the technology, it must maintain records on the program to facilitate discovery in criminal proceedings, periodic audits and public reporting. Introduced by Virginia Rep. Jay Leftwich (R-Chesapeake) and Sen.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

According to research performed by Ethisphere’s Ethics Index , “the listed 2022 World’s Most Ethical Companies honorees outperformed a comparable index of large-cap companies by 24.6 percentage points from January 2017 to January 2022.” So, how do you tie back the value of your program to the company’s bottom line?

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

For those who take a forward-looking approach to risk, it is evident that SVB did not practice ERM for most of 2022. They evaluate their vendor and partner communities to identify the third parties they depend on the most and map them to the business risks, controls, and testing that rely on them. Imagine the contagion there.

Banking 98
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Virginia’s New Rules for Facial Recognition and What They Mean

Security Industry Association

As the Virginia General Assembly wrapped up its 2022 regular session last week, it sent a bill to Gov. Once an agency is using the technology, it must maintain records on the program to facilitate discovery in criminal proceedings, periodic audits and public reporting. Retired Maj. Technology Standards.

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33 Data Privacy Week Comments from Industry Experts in 2023

Solutions Review

This chain of activities results in an increasingly complex, geographically vast, and multi-tiered supply network. Aron Brand, CTO at CTERA After many years of near-zero interest rates and workforce shortages, the tide has turned, and in 2022 we have seen the start of a dramatic shift in the business landscape.

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Data Privacy Awareness Month 2024: Roundup of Expert Quotes

Solutions Review

We’ve seen US states such as California passing their own privacy laws and drafting detailed regulations on cybersecurity audits, risk assessments, and automated decision making privacy by design in practice a must-do to be able to effectively respond to the demands of augmented privacy regulatory frameworks.