Audit Document Evaluation 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
SEPTEMBER 12, 2022
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. This means that insurance underwriters are re-evaluating how they rate cyber insurance to maintain profitability because the amount of claims they are paying has increased.
LogisManager
MAY 9, 2023
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. For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy.
Reciprocity
AUGUST 24, 2022
Before outsourcing your business processes or striking some other deal with vendors, you do need to assess the risks they pose. After acceptable risk levels have been established, evaluate vendors’ security performance — and if a vendor’s cybersecurity is too lax for your tastes, require that vendor to make improvements as necessary.
Stratogrid Advisory
JUNE 3, 2020
BCM Program Policy The program policy is a document that outlines all high-level aspects of the BCM Program implementation in an organization. Organization-wide Planning The development of a business continuity strategy will require a high level of support from the internal or outsourced IT organization.
Stratogrid Advisory
JUNE 3, 2020
The program policy is a document that outlines all high-level aspects of the BCM Program implementation in an organization. This document should contain information as per the guideline below: Program scope and purpose. ensuring that Standard Operating Procedures (SOPs) and manual workaround procedures are documented.
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