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A Guide to Completing an Internal Audit for Compliance Management

Reciprocity

Learn the best way to complete an internal audit for your compliance management program. The Basics of Internal Audits. Internal audits assess a company’s internal controls, including its governance, compliance, security, and accounting processes. What Is the Purpose of an Internal Audit?

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Microsoft misfire: what can be learnt from the tech giant’s cybersecurity failings

SRM

Earlier this month, a federal cybersecurity watchdog group reported that Microsoft’s cloud cybersecurity has colossal and far-spanning shortcomings, including failed technology and an “inadequate” security culture that “requires an overhaul.” Despite huge financial resources, risk management has been treated as an afterthought.

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Adversarial Risk Management

FS-ISAC

You can hire a professional audit firm to benchmark the bucket against peer buckets. But these approaches rely on tenets based on traditional operational and financial risk management. While “close enough” works in asset management for financial inventory, it can quickly prove useless in cybersecurity.

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What Is Enterprise Risk Management & Its Importance

Reciprocity

Here’s where enterprise risk management (ERM) comes in. It helps you manage, minimize, and in some cases eliminate risks, to keep your organization safe and in business. Enterprise risk management is a holistic, disciplined approach to identifying, addressing, and managing an organization’s risks.

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The Difference Between Strategic and Operational Risk

Reciprocity

New technologies, increasing digitization, and evolving customer demands create risks that can disrupt operations, weaken cybersecurity, and harm the organization’s reputation or financial position – and above all, leave the organization unable to achieve its business objectives. Enterprise Risk Management (ERM).

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Enterprise risk management is critical for business success. ERM is the process of methodically identifying and dealing with any potential events that threaten the achievement of strategic objectives or competitive advantage opportunities. When establishing an ERM program, risk mitigation is a paramount concern.