Reciprocity

MARCH 28, 2022

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

AUGUST 18, 2022

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. Passing or sharing the risk via insurance, joint venture, or another arrangement. ERM’s Ultimate Objective.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Solutions Review

SEPTEMBER 27, 2021

Description: AuditBoard is a cloud-based GRC offering that includes a suite of risk, audit, and compliance tools. With the platform, users can conduct internal audits, manage risks, optimize workflow efficiency, maintain SOX compliance, and manage controls. Platform: Enablon. Platform: Enablon. Fusion Risk Management.

Government 92

Government Audit Risk Management Hospitality 92

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. Concerns over information security and data privacy are driving this change, but so are laws.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

DECEMBER 27, 2022

GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. This engenders trust, strengthens its competitive position, and protects company assets from security breaches, data losses, and financial penalties. What Is GRC? Compliance. Improved Coordination.

Government 52

Government Audit Risk Management Disaster Recovery 52

Solutions Review

JANUARY 25, 2024

They explore the challenges we face in safeguarding digital identities, the emerging threats to our online spaces, and the innovative strategies being developed to secure personal information against unauthorized access. This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance.

Authentication 142

Authentication Cybersecurity Security Government 142

Reciprocity

AUGUST 24, 2022

Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. 2007-2012): Audit management, enterprise, and operational risk management, compliance beyond financial controls, and more. GRC 4.0: (2018-present): Automated GRC.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management?

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Reciprocity

NOVEMBER 5, 2021

You must find ways to manage, mitigate, accept, or transfer these risks. Not only can an integrated risk management program save you money by avoiding business disruptions; it can also help your accounting team come audit time. It also streamlines the audit process, so you can save time and money and improve audit outcomes.

Risk Management 52

Risk Management Management Audit Strategic 52

LogisManager

OCTOBER 12, 2021

At the most basic level, Maslow’s hierarchy suggests that humans need to be secure physiologically. Once you have assessed these risks you will want to create a plan for risk mitigation and risk monitoring so that you are in control of potential threats. Negative outcomes are widely understood among humans because of our shared values.

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

AUGUST 15, 2022

But as more companies use technology across all parts of the enterprise and more compliance requirements focus on cybersecurity, IT security is becoming an increasingly central part of the CMS. The Federal Deposit Insurance Corp. Regular audits of the compliance program. Compliance Audit. What is a Compliance Program?

Management 52

Management Audit Banking Risk Management 52

LogisManager

MAY 20, 2021

For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. They are protected with inadequate security controls, and in some cases are rarely updated. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

LogisManager

MAY 9, 2023

For instance, banks and insurance carriers with robust ERM programs realize that investment research consultants and credit rating agencies, although they may have a relatively small spend, can have a significant impact on their investment portfolios if conflicts of interest, bias, or fraud go undetected. This is GRC at its finest.

Banking 98

Banking Risk Management Management Corporate Governance 98

Reciprocity

DECEMBER 19, 2022

More broadly, a corporate compliance program reinforces a company’s commitment to mitigating fraud and misconduct at a sophisticated level, aligning those efforts with the company’s strategic, operational, and financial goals. Set up a mechanism for monitoring and auditing. Importance of a Corporate Compliance Program.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Solutions Review

DECEMBER 13, 2022

Data bias in machine learning models is one of the hottest topics in the AI industry for good reason; an AI model that rejects loan applications or increases insurance premiums for the wrong reasons will have a very deleterious effect. This will help companies realize that they must improve their inventory and security practices for SPI data.”

Backup 98

Backup Application Government Security 98

Solutions Review

FEBRUARY 1, 2024

They explore the challenges we face in safeguarding digital identities, the emerging threats to our online spaces, and the innovative strategies being developed to secure personal information against unauthorized access. This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

They explore the challenges we face in safeguarding digital identities, the emerging threats to our online spaces, and the innovative strategies being developed to secure personal information against unauthorized access. This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance.

Healthcare 52

Healthcare Security Cybersecurity Government 52

Solutions Review

JANUARY 25, 2023

As part of Data Privacy Week (January 22-28) we called for the industry’s best and brightest to share their Identity Management , Endpoint Security , and Information Security comments. Business leaders should also increase the capabilities required for digital trustworthiness whether it is privacy protection or data security.

Government 116

Government Backup Application Security 116

Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. As a result, organizations leveraging ERM are better prepared for risk control and know which risks can be mitigated or accepted. Risk measurement and mitigation.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Solutions Review

MARCH 31, 2023

Jonathan Halstuch, Chief Technology Officer and co-founder of RackTop Systems If you are protecting data with backups, you also need to secure it “Organizations have been using backups as a strategy to recover data and prevent total data loss in the instances of a critical system failure or natural disaster.

Backup 119

Backup Disaster Recovery Application Security 119

Advancing Analytics

JUNE 6, 2022

Interpretability is understanding how and why a model has provided an insight, which is especially important when explaining outputs to non-technical stakeholders and for compliancy purposes in heavily regulated sectors such as insurance and medicine. Libraries such as SHAP and InterpretML can be utilised at this stage to achieve this.

Evaluation 52

Evaluation Benchmark Audit Insurance 52

Stratogrid Advisory

JUNE 3, 2020

In addition, there are other standards such as the International Organization for Standardization - I S O 22301:2019 Societal Security – Business Continuity Management Systems, or the National Institute of Standards and Technology - NIST 800-34 , which provide similar implementation guidelines.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Technological disruptions (loss of data centers, data breaches or other IT security-related incidents). Talent related disruptions (pandemic planning, emergency management and physical security-related events). An added benefit to a more resilient organization will be lower insurance rates. These are just a few examples.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52