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

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

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

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

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

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. Factor analysis of information risk (FAIR) provides a common risk mitigation vocabulary to help you to address security practice weaknesses.

Risk Management 52

Risk Management Management Mitigation Strategic 52

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

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

LogisManager

MARCH 19, 2024

Cybersecurity Risk Management Best Practices In the era of remote work, businesses face unique cybersecurity challenges that require tailored risk management strategies. A risk-based approach to cybersecurity involves several key steps: Risk Identification: Document all potential threats and vulnerabilities.

Cybersecurity 52

Cybersecurity Risk Management Vulnerability Mitigation 52

Pure Storage

MARCH 25, 2024

CISA is a part of the Department of Homeland Security and has responsibilities that include risk assessment, vulnerability reduction, threat detection, incident response, and the coordination of recovery efforts with other federal agencies, state and local government, and the private sector. Like nearly all efforts in the U.S.,

Financial Services 59

Financial Services Resilience Banking Risk Management 59

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

LogisManager

MARCH 19, 2024

Cybersecurity Risk Management Best Practices In the era of remote work, businesses face unique cybersecurity challenges that require tailored risk management strategies. A risk-based approach to cybersecurity involves several key steps: Risk Identification: Document all potential threats and vulnerabilities.

Cybersecurity 59

Cybersecurity Risk Management Vulnerability Mitigation 59

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.” Two-thirds say securing backups and storage was addressed in recent external audits. What level of auditing do we expect?

Financial Services 105

Financial Services Security Backup Audit 105

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

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.

Telecommunications 52

Telecommunications Authorization Cybersecurity Government 52

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

Fusion Risk Management

JANUARY 5, 2023

Risk Management. To meet the DORA’s standards, firms must update their technology risk management governance. The updated framework requires firms to identify important business functions and dependent risks and map the TSP assets that run them. Supply Chain Management and Third-Party Risk.

Resilience 52

Resilience Financial Services Audit Outsourcing 52

Pure Storage

FEBRUARY 21, 2024

A plan to meet the regulatory requirements as well as an audit regime were required by June 2023 and a first audit must be completed by June 2024. Australia The Australian Prudential Regulation Authority (APRA) released CPS 230 – Operational Risk Management for consultation in July 2022.

Financial Services 59

Financial Services Resilience Audit Authorization 59

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

Reciprocity

DECEMBER 20, 2022

Learn the best way to complete an internal audit for your compliance management program. The Basics of Internal Audits. Internal audits assess a company’s internal controls, including its governance, compliance, security, and accounting processes. What Is the Purpose of an Internal Audit?

Audit 98

Audit Management Evaluation Activation 98

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

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

Risk Management Monitor

JANUARY 27, 2022

On the second day of the RIMS virtual event TechRisk/RiskTech , CornerstoneAI founder and president Chantal Sathi and advisor Eric Barberio discussed the potential uses for artificial intelligence-based technologies and how risk managers can avoid the potential inherent biases in AI.

Audit 52

Audit Technology Application Government 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. That can lead to painful financial costs, the possible loss of licenses to operate or to bid on government contracts, civil lawsuits, and other unpleasant circumstances.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 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. Account management. Access control management. Continuous vulnerability management. Data protection.

Cybersecurity 52

Cybersecurity Management Internet Malware 52

LogisManager

APRIL 20, 2022

This holistic approach will ensure risk-reward trade-offs are in alignment across your entire organization. Explore Our Solutions We encourage you to browse our risk-based solutions below. Diversity, Equity & Inclusion (DEI) Program Management LEARN MORE Categories: Solution Packages.

Audit 52

Audit Alert Evaluation Strategic 52

FS-ISAC

NOVEMBER 8, 2021

Second, regulators are increasingly indicating that ultimate accountability for cyber risk management rests with the board. Additionally, environmental, social, and governance (ESG) issues are featuring much more prominently on board agendas. Directors need to understand how inherent and residual risks compare against appetite.

Cybersecurity 75

Cybersecurity Financial Services Risk Management Benchmark 75

LogisManager

NOVEMBER 10, 2021

Audit Resource Allocation LEARN MORE Categories: Solution Packages. Product’s Perspective: Better Together – The Importance of Using Integrated Software for Vendor Management LEARN MORE Categories: Governance, Risk & Compliance , Vendor Management. Manage Tomorrow’s Surprises Today.

Audit 52

Audit Mitigation Government Application 52

LogisManager

JANUARY 3, 2022

This applies especially to your Environmental, Social and Corporate Governance (ESG) program: you may be working in accordance with ESG best practices, standards and frameworks, but you must report on your ESG activities to prove to third-party stakeholders like investors and customers that you’re doing what you’re saying you’re doing. .

Corporate Governance 52

Corporate Governance Government Audit Activation 52

Solutions Review

SEPTEMBER 15, 2023

GRC (governance, risk, and compliance) has long been a static, check-the-box approach for organizations that can be stressful and burdensome. The post GRC as a Service: The Future of Governance and Risk Management appeared first on Best Backup and Disaster Recovery Tools, Software, Solutions & Vendors.

Risk Management 64

Risk Management Government Management Disaster Recovery 64

LogisManager

DECEMBER 6, 2022

LogicManager has long believed that an Enterprise Risk Management (ERM) methodology, also known as a risk-based approach, is the best way of accomplishing any type of organizational governance. Download Now STEP 1: Standardize and formalize your processes.

Mitigation 52

Mitigation Application Risk Management Audit 52

Reciprocity

DECEMBER 27, 2022

Managing all your governance, risk, and compliance (GRC) needs is no easy task. GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. The three pillars of a GRC program are governance, risk management, and compliance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? What Are the Most Common Vendor Risks? Staff training.

Management 52

Management Risk Management Cybersecurity Strategic 52

FS-ISAC

NOVEMBER 8, 2021

You can hire a professional audit firm to benchmark the bucket against peer buckets. We chase concepts that seem simple, such as "basic" network hygiene, asset management, and patching. But these approaches rely on tenets based on traditional operational and financial risk management. Or you could fill it with water.

Risk Management 59

Risk Management Management Audit Asset Management 59

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

LogisManager

JUNE 10, 2021

ESG stands for Environmental, Social and Governance: three areas that house distinct sets of criteria, but together make up a set of criteria that demonstrates an organization’s dedication to helping the greater good. Social criteria examine diversity, equity and inclusion, labor management, data privacy and security and community relations.

Corporate Governance 52

Corporate Governance Government Risk Management Activation 52