Remove Application Remove Authorization Remove Corporate Governance Remove Vulnerability
article thumbnail

SOX vs. SOC: What Is The Difference? [Complete Guide]

LogisManager

Strengthening corporate governance. Requiring corporate transparency. Authorizing the Public Company Accounting Oversight Board (PCAOB) to monitor corporate behavior. In terms of financial reports, it constitutes a very important component of the entire Governance, Risk, & Compliance landscape. “SOC”

article thumbnail

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

LogisManager

Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. This role is important in corporate governance and complements the role of the Chief Risk Officer. Failing to implement an ERM program under these circumstances is negligence.

Banking 98