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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. ERM seeks to identify possible risks by asking forward-looking questions like “Will the market be the same in 9 months from now? Failing to implement an ERM program under these circumstances is negligence.

Banking 98
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The Best Governance, Risk, and Compliance Software to Consider

Solutions Review

Solutions Review’s listing of the best governance, risk, and compliance software is an annual mashup of products that best represent current market conditions, according to the crowd. Description: AuditBoard is a cloud-based GRC offering that includes a suite of risk, audit, and compliance tools. Fusion Risk Management.

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

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It is designed to increase auditability within the organization and help detect internal fraud or theft. From inflated earnings reports, to embezzlement, illegal market manipulation and more, SOX was drafted to prevent future corruption. Strengthening corporate governance. Requiring corporate transparency.