Activation Audit Meeting Outsourcing 
Stratogrid Advisory
JANUARY 29, 2019
Not another BCM Program audit? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Another Business Continuity Management (BCM) Program audit. At its core, an audit is simply an assessment used to discover which areas the business will require a focus in the future.
Stratogrid Advisory
JANUARY 29, 2019
Not another BCM Program audit? Another Business Continuity Management (BCM) Program audit. Some organizations think of audits as tedious, and often unnecessary, accounting procedures, rather than as a powerful business tool that can be used to improve the organization’s capabilities. BCM Program Audits.
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Fusion Risk Management
AUGUST 17, 2021
The scrutiny is going to get even more stringent in a post-COVID world since so many institutions had to rely on aggressive outsourcing. The policy should be actively reviewed by the board and reflected in meeting minutes – not just in a rubber-stamp exercise. The policy should be relatively brief but appropriately detailed.
Fusion Risk Management
JANUARY 31, 2024
With less than a year to go until the January 2025 deadline to meet the requirements of the Digital Operational Resilience Act (DORA) regulation, entities are digging deeper into understanding the organizational and technical requirements of the regulation. DORA must be a deeply cross-functional collaboration effort.
Fusion Risk Management
SEPTEMBER 12, 2022
There are also some digital platforms that provide information and serve as a digital meeting place or marketplace that are subject to regulations on content. A bottom-up approach occurs when teams are issue spotting via speaking up about issues that they are encountering, control testing, or remediating audit findings.
Fusion Risk Management
SEPTEMBER 1, 2021
In the classic sense, across industries, third-party risk management is the consideration and control over outsourcing a function that typically is done within the organization to an external party for the purpose of delivery of a product or service to the consumer or a service provided to the company. breach, management departures, etc.).
Stratogrid Advisory
JUNE 3, 2020
Most smaller organizations are free to choose the business continuity standard which will meet their organizational, regulatory or vendor requirements. The BCM program contains three distinct implementation phases; its activities are outlined in the table below. What is Business Continuity Management?
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