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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. Failing to implement an ERM program under these circumstances is negligence.

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How to Report On ESG

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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. .

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What Is ESG? [Complete Guide]

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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. Corporate Governance. Corporate governance should be equitable and inclusive. ESG solutions.

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Why Buying SaaS GRC Software Is a Smart Investment

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As organizations and businesses around the world and across industries migrate their IT to the cloud, C-suites are faced with a new dilemma for governance, risk management and compliance (GRC) solutions: cloud versus on-premise software. That’s time and money that might be better spent elsewhere.

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Audit Checklist for SOC 2

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The scope of your SOC 2 audit typically addresses infrastructure, software, data, risk management, procedures, and people. A SOC 2 Type 1 report attests to the design and documentation of a service organization’s internal controls and procedures as of a specific date. Vendor management programs.

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