Reciprocity

DECEMBER 21, 2022

If your company is a service organization and your customers trust you with their data, you may need to pass a SOC 2 (System and Organization Controls 2) audit. Compliance and certification are the goals of a SOC 2 audit. The SOC 2 compliance audit gives them that assurance. Develop a SOC 2 Audit Framework. What is SOC 2?

Audit 52

Audit Gap Analysis Security Cybersecurity 52

LogisManager

OCTOBER 19, 2023

In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure.

Banking 98

Banking Corporate Governance Audit Risk Management 98

Reciprocity

AUGUST 18, 2022

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 52

MHA Consulting

JULY 20, 2023

Whether the company you work for has five employees or 5,000, it should have a risk governance program. Experience shows that there are five areas where risk governance policies and procedures are especially important: data retention, data access, device security, people security, and social media.

Government 72

Government Media Risk Management Vulnerability 72

LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management?

Risk Management 52

Risk Management Management Activation Government 52

Castellan

AUGUST 24, 2022

government entities such as the Department of Homeland Security, the National Nuclear Security Administration, the State Department, the Pentagon, the U.S. According to Prevalent’s 2022 Third-Party Risk Management Study , almost half of respondents (45%) experienced a third-party security incident in the previous 12 months.

Risk Management 52

Risk Management Management Audit Resilience 52

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided. ERM fosters effective governance programs that identify and prevent system misconfigurations, poor patch management practices and weak password management.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Reciprocity

OCTOBER 1, 2022

Protecting your corporate website as an enterprise risk management strategy can keep your data, customers, sensitive information, and reputation safe. Engage security experts with the know how to perform security audits after you believe your website is secure. Tighten Network Security. Monitoring Software.

Risk Management 52

Risk Management Management Vulnerability Malware 52

LogisManager

MARCH 19, 2024

It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements. What Cybersecurity Risks Do Remote Workers Face? The shift to remote work has introduced a spectrum of cybersecurity risks that organizations must navigate.

Cybersecurity 52

Cybersecurity Risk Management Vulnerability Mitigation 52

LogisManager

MARCH 19, 2024

It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements. What Cybersecurity Risks Do Remote Workers Face? The shift to remote work has introduced a spectrum of cybersecurity risks that organizations must navigate.

Cybersecurity 59

Cybersecurity Risk Management Vulnerability Mitigation 59

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. What Is a Risk Assessment? Here are some others: Financial risk. Audit risk.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

LogisManager

JULY 11, 2023

Conduct a Data Audit: Perform a comprehensive audit of the data your company collects, processes, stores, and shares. This audit will help you assess compliance gaps and develop strategies to address them. Familiarize yourself with the specific requirements and obligations imposed by these laws.

Audit 96

Audit Risk Management Mitigation Management 96

Pure Storage

OCTOBER 4, 2023

In response to these changes, governments worldwide are implementing new rules and frameworks to ensure the security and reliability of telecommunications services. These requirements can be summarized into the following key areas: Risk management and mitigation: Telcos must identify and assess risks to their networks and services.

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Telecommunications Authorization Cybersecurity Government 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Or, as so well articulated by the great British writer C. Supply Chain Ecosystem.

Resilience 52

Resilience Insurance Insurance Audit 52

Solutions Review

SEPTEMBER 8, 2023

to governments finally addressing the issue, like in last year’s White House memo : “ Test the security of your systems and your ability to defend against a sophisticated attack.” As such, the key to mitigating (and ideally neutralizing) that threat is to secure data in storage and backup. What level of auditing do we expect?

Financial Services 105

Financial Services Security Backup Audit 105

everbridge

DECEMBER 19, 2023

Cybersecurity solutions increasingly harnessed these technologies to analyze extensive data, detect anomalies, and automate incident response, leading to quicker and more precise threat identification and mitigation. Lessons Learned: AI-Driven Disaster Response: Governments employed AI to improve their response to natural disasters.

Management 59

Management Travel Vulnerability Cybersecurity 59

Reciprocity

DECEMBER 21, 2022

If using an ISO audit software tool to achieve ISO certification is on your compliance roadmap, here’s a quick primer to get you up to speed and jumpstart your ISO compliance efforts. The 27001 standard provides requirements for businesses to implement and operate an Information Security Management System, or ISMS.

Audit 52

Audit Accreditation Gap Analysis All-Hazards 52

LogisManager

MAY 22, 2023

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

LogisManager

MAY 22, 2023

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

LogisManager

SEPTEMBER 21, 2021

Managers completed thousands of reviews at a time, one by one, and relied strictly on memory for completing them on time. In the short term, this left room for human error, missed deadlines and failed audits. Related Post: The Colonial Pipeline Hack: A Failure in Risk Management. Download our free guide to find out.

Healthcare 96

Healthcare Audit Pandemic Risk Management 96

Fusion Risk Management

JANUARY 5, 2023

While the methodology or framework for resilience may differ, the expectations are clear: businesses must adapt to the changing environment, mitigate potential impact, and continue to deliver important services to customers. Risk Management. Supply Chain Management and Third-Party Risk. Audit Access.

Resilience 52

Resilience Financial Services Audit Outsourcing 52

LogisManager

JULY 11, 2023

Conduct a Data Audit: Perform a comprehensive audit of the data your company collects, processes, stores, and shares. This audit will help you assess compliance gaps and develop strategies to address them. Familiarize yourself with the specific requirements and obligations imposed by these laws.

Audit 52

Audit Risk Management Mitigation Management 52

Fusion Risk Management

NOVEMBER 17, 2021

Compliance programs are not meant to eliminate all risk ; however, they do serve as a mechanism to help organizations and their stakeholders understand how to proactively address issues and mitigate the disruptive impact when they arise. All effective programs start with a governance model.

Technology 52

Technology Audit Government Communications 52

Zerto

OCTOBER 20, 2022

When an organization understands the business context, resources that support critical functions, and related cybersecurity risks, it can focus and prioritize its risk management strategy and business needs. Response activities include planning, communications, analysis, mitigation, and improvements. Account management.

Cybersecurity 52

Cybersecurity Management Internet Malware 52

everbridge

NOVEMBER 2, 2021

“The odds are being stacked against us when we fail to act on science and early warnings to invest in prevention, climate change adaptation and disaster risk reduction.”. Gathering threat data and contextual information is needed to assess the magnitude of a risk. They are investing in data collection from spatial and hyper-local data.

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Resilience Risk Reduction Management Command Center 142

LogisManager

DECEMBER 6, 2022

It’s important to take a risk-based approach to user access reviews to ensure they’re providing the intended business value of ensuring a separation of duties and mitigating threats like privilege creep, excessive privileges, access misuse and employee mistakes. Download Now STEP 1: Standardize and formalize your processes.

Mitigation 52

Mitigation Application Risk Management Audit 52

Zerto

FEBRUARY 7, 2024

With the global surge in cybercrime—particularly ransomware attacks —and occasional outages of cloud services , enterprise risk management is just the latest initiative that needs attention. The Nightmare of No Backup Today’s CIOs, CISOs, and other IT leaders wear many hats.

Activation 101

Activation Backup Outage Authentication 101

LogisManager

NOVEMBER 10, 2021

Once you’ve extracted key terms of the contract, sit back and watch as LogicManager ties them each to your organization’s unique risks. Then, automatically calculate whether that vendor’s contract adequately mitigates or fails to mitigate those risks. Audit Resource Allocation LEARN MORE Categories: Solution Packages.

Audit 52

Audit Mitigation Government Application 52

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Reciprocity

AUGUST 15, 2022

Specifically, a compliance management system looks like a collection of policies, procedures, and processes governing all compliance efforts. Ideally, your CMS is an integrated system to govern that program, which should include employee training, focused business processes, operational reviews, and corrective action strategies.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

APRIL 4, 2022

IT governance. It’s also bringing about yet another hat CISOs might find on their head: governance, risk, and compliance (GRC) expert. A holistic view of the enterprise is essential to effective enterprise risk management. That’s no easy task; it requires strong leadership in every sense of the word.

Audit 52

Audit Cybersecurity Risk Management Alert 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. Without a compliance program, a company is at far greater risk of legal violations that might bring monetary penalties and other painful punishments from law enforcement.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52