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What Does a Compliance Management System Look Like?

Reciprocity

The Federal Deposit Insurance Corp. Regular audits of the compliance program. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. Compliance Audit. In addition to internal audits and supervision, this committee contributes to developing a compliance culture.

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

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Instead, they continued investing as they had from 2020-2021, driving through their rearview mirror of asking “Is today like yesterday?” For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy. This is GRC at its finest.

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What Is Risk Management?

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Audit Management: Making sure that every business area within your organization is stacking up and improving accordingly. Internal process, compliance, IT and facility-driven audits are essential to reduce threats and ineffectiveness and keep your business thriving. What is a Risk Management Plan?

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Why Buying SaaS GRC Software Is a Smart Investment

Reciprocity

More than 50 percent of organizations moved their workloads to the cloud in 2020, according to the Flexera Cloud Computing Trends: 2021 State of the Cloud Report. Cloud-based solutions also make sense for GRC – especially in the context of the COVID-19 pandemic.

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The Digital Operational Resilience Act is Finalized – Now is the Time to Act

Fusion Risk Management

First introduced in September 2020, a provisional agreement on the DORA’s content was reached on May 11, 2022, and a full technical agreement was reached between EU negotiators. The digital financial transformation was accelerated largely because of the pandemic and exacerbated many of the cyber threats that previously existed.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Business Continuity Planning Guide for Smaller Organizations Last Updated on June 4, 2020 by Alex Jankovic Reading Time: 26 minutes We all live in an unpredictable world. An added benefit to a more resilient organization will be lower insurance rates These are just a few examples.

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Business Continuity Guide for Smaller Organizations

Stratogrid Advisory

Last Updated on June 4, 2020 by Alex Jankovic. Regardless of their nature, weather-related events that cause havoc in our communities, pandemics that can wipe us out, or cyber-related incidents that can potentially shut-down our technology, these events require us to be more resilient. BCM Program Assessments and Audits.