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Not another BCM Program audit?

Stratogrid Advisory

Not another BCM Program audit? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Another Business Continuity Management (BCM) Program audit. At its core, an audit is simply an assessment used to discover which areas the business will require a focus in the future.

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Not another BCM Program audit?

Stratogrid Advisory

Not another BCM Program audit? Another Business Continuity Management (BCM) Program audit. Some organizations think of audits as tedious, and often unnecessary, accounting procedures, rather than as a powerful business tool that can be used to improve the organization’s capabilities. BCM Program Audits.

Audit 52
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Policy Management 101

Fusion Risk Management

The scrutiny is going to get even more stringent in a post-COVID world since so many institutions had to rely on aggressive outsourcing. The policy should be actively reviewed by the board and reflected in meeting minutes – not just in a rubber-stamp exercise. Your third-party risk policy is every bit as important as any other policy.

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NexusTek Honored with Microsoft US Partner Award

NexusTek

Denver, CO (July 21, 2021) – NexusTek, a national provider of managed IT services and full IT outsourcing solutions to businesses across the U.S., NexusTek led the nonprofit’s digital transformation journey that combined Microsoft’s Azure Active Directory and Intune for system and device management, and Teams and OneDrive for file storage.

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Third-Party Risk Management 101

Fusion Risk Management

In the classic sense, across industries, third-party risk management is the consideration and control over outsourcing a function that typically is done within the organization to an external party for the purpose of delivery of a product or service to the consumer or a service provided to the company. breach, management departures, etc.).

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

A bottom-up approach occurs when teams are issue spotting via speaking up about issues that they are encountering, control testing, or remediating audit findings. Your customer may ask you to meet a specific SLA in the event of a data breach so that they can activate their incident management processes . Contractual Obligations.

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

LogisManager

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. Their opinions, such as “Audit Opinions” and “Credit Ratings,” are based on the information provided to them, and they cannot be held liable for errors and omissions.

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