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ISO 27001 Certification Requirements & Standards

Reciprocity

Rather than implementing controls as a checkbox activity, risk-driven organizations proactively choose controls that best mitigate their risks. Doing this right is critical because a scope that is too large will increase the project’s time and expense, and a scope that is too narrow may expose your firm to unanticipated hazards.

Audit 52
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IRM, ERM, and GRC: Is There a Difference?

Reciprocity

Not long ago, risk managers concerned themselves mainly with hazards such as fires and floods; or in the financial sector, loan defaults (credit risk). You’ll think ahead, anticipating new risks down the road and your organization’s risk response: accept, avoid, transfer, mitigate. Are there differences at all?