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How to Create and Implement an Effective Governance Model

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A strong corporate governance structure is an essential component of any risk management program. The board has a fiduciary duty to ensure that these processes are in place and effectively managed. Monitor and Evaluate Your Framework Continuous improvement is the cornerstone of long-term governance implementation success.

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Empowering Credit Unions: Insights and Actions for NCUA’s 2023 Supervisory Priorities

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The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. The ISE was developed to assess credit unions' information security practices and procedures.

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Important KPIs for Successful Vendor Management

Reciprocity

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? The six risks listed below are a good place to start.

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A Guide to RCSA

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Inspire continuous improvement: The ultimate goal of RCSA is to help businesses continuously refine and enhance their processes to mitigate risks and support growth. Regularly addressing risks is an effective way to ensure your controls benefit your operation.

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Empowering Credit Unions: Insights and Actions for NCUA’s 2023 Supervisory Priorities

LogisManager

The National Credit Union Administration (NCUA) has recently released its priorities and areas of focus for the 2023 examinations, which include Interest Rate Risk, Credit Risk, and Information Security Risk. The ISE was developed to assess credit unions' information security practices and procedures.

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What Is Reputational Risk For Banks?

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That’s why it’s more important than ever to ensure you’re taking the right steps to use it to your advantage, which all starts with strong risk management. In the banking industry, managing reputational risk is a complex and ongoing discipline. Just like any business, banks face a myriad of risks.

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ISO 27001 Certification Requirements & Standards

Reciprocity

Deciphering the various numbers can be confusing at first, but each standard is numbered and deals with a specific facet of managing your company’s information security risk management efforts. Examine the Scope of the Information Security Management System (ISMS). Conduct a Risk Assessment. Analyzing risks.

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