LogisManager

MAY 9, 2023

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. I predict by next year they too will conclude that it was a failure in risk management.

Banking 98

Banking Risk Management Management Corporate Governance 98

FS-ISAC

NOVEMBER 8, 2021

You can hire a professional audit firm to benchmark the bucket against peer buckets. We chase concepts that seem simple, such as "basic" network hygiene, asset management, and patching. But these approaches rely on tenets based on traditional operational and financial risk management. Or you could fill it with water.

Risk Management 59

Risk Management Management Audit Asset Management 59

Reciprocity

AUGUST 15, 2022

Automated tools allow your compliance management system (CMS) to work effectively. Specifically, a compliance management system looks like a collection of policies, procedures, and processes governing all compliance efforts. Regular audits of the compliance program. What is a Compliance Program? FDIC), a primary U.S.

Management 52

Management Audit Banking Risk Management 52

everbridge

NOVEMBER 2, 2021

During these kinds of severe weather events, Governments, multilateral donors, and business executives alike have a responsibility, whether moral or legal, to respond effectively and efficiently in order to protect people, assets, and facilities from harm. So, how can public and private sectors cultivate climate change resilience?

Resilience 142

Resilience Risk Reduction Management Command Center 142

CIO Governance

JUNE 21, 2021

The Certified Information Systems Auditor (CISA) certification validates your knowledge for information systems auditing, assurance, control, security, cybersecurity, and governance. This globally recognized certification is one of the few certifications specifically designed for IT auditors.

Audit 52

Audit Evaluation Cybersecurity Government 52

Reciprocity

NOVEMBER 5, 2021

You must find ways to manage, mitigate, accept, or transfer these risks. 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. ERM looks at risk management strategically and from an enterprise-wide perspective.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. The National Institute of Standards and Technology’s Risk Management Framework (NIST RMF) details strategies for selecting initial controls and risk-assessment methods.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

AUGUST 18, 2022

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.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

MARCH 19, 2024

It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements. Cybersecurity Risk Management Best Practices In the era of remote work, businesses face unique cybersecurity challenges that require tailored risk management strategies.

Cybersecurity 52

Cybersecurity Risk Management Vulnerability Mitigation 52

Solutions Review

DECEMBER 26, 2023

The platform offers incident management capabilities, which gives users the ability to quickly evaluate the criticality of an incident, determine the appropriate response procedures, and assign response team members based on factors such as business impact and regulatory requirements.

Business Continuity 83

Business Continuity Disaster Recovery Backup Audit 83

LogisManager

OCTOBER 12, 2021

What Is Risk Management? Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. Risk Management allows you to imagine tomorrow’s surprises today. However, implicit risk management is not enough to successfully operate a business.

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

DECEMBER 21, 2022

If using an ISO audit software tool to achieve ISO certification is on your compliance roadmap, here’s a quick primer to get you up to speed and jumpstart your ISO compliance efforts. The 27001 standard provides requirements for businesses to implement and operate an Information Security Management System, or ISMS.

Audit 52

Audit Accreditation Gap Analysis All-Hazards 52

LogisManager

MARCH 19, 2024

It’s crucial for companies to continuously evaluate and improve their cybersecurity strategies to mitigate risks and comply with legal and regulatory requirements. Cybersecurity Risk Management Best Practices In the era of remote work, businesses face unique cybersecurity challenges that require tailored risk management strategies.

Cybersecurity 59

Cybersecurity Risk Management Vulnerability Mitigation 59

Reciprocity

SEPTEMBER 30, 2022

Third parties generate, manage, or hold this data, resulting in even more severe threats to healthcare organizations and their information security. This is why third-party risk management and healthcare data security are critical. What is Healthcare Vendor Risk Management? The Need for Third-party Risk Management in Healthcare.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

LogisManager

DECEMBER 6, 2022

It is the only auditable international standard that defines the requirements of information security management systems. If a company sees that you have the ISO 27001 seal of approval, they know that you’ve already passed through an extensive audit. This eliminates hesitation on their end during their vendor evaluation process.

Audit 52

Audit Cybersecurity Evaluation Continual Improvement 52

everbridge

FEBRUARY 17, 2022

During a hurricane, critical event managers must be able to communicate crucial safety information to the people for which they are responsible. In addition to hurricane preparedness, critical event managers should ready their business in the case of any severe weather event. Emergency Management During a Hurricane.

Hospitality 59

Hospitality Crisis Management Emergency Response Emergency Response 59

Solutions Review

APRIL 19, 2023

Data protection is a broad field encompassing backup and disaster recovery, data storage, business continuity, cybersecurity, endpoint management, data privacy, and data loss prevention. In this program, you will learn how to evaluate, maintain, and monitor the security of computer systems.

Cybersecurity 105

Cybersecurity Disaster Recovery Accreditation Evaluation 105

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. For example, a forensic finding made during an evaluation of Colonial Pipeline noted numerous known and preventable vulnerabilities, such as unpatched and outdated systems, that likely led to the security breach. This will also uncover poor management of privileged user accounts.

Risk Management 64

Risk Management Management Authentication Hospitality 64

LogisManager

MAY 22, 2023

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security. You can take the free Risk Maturity Model assessment here.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

LogisManager

MAY 22, 2023

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security. You can take the free Risk Maturity Model assessment here.

Risk Management 52

Risk Management Evaluation Banking Benchmark 52

Reciprocity

AUGUST 24, 2022

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measurement. What Are Vendor Risk Management Metrics? Setting up metrics is essential for the success of your vendor risk management (VRM) program.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As such risks proliferate and evolve, so do the ways to manage them. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM).

Risk Management 52

Risk Management Audit Insurance Insurance 52

Pure Storage

JUNE 21, 2023

For some, third-party tools will better support specific needs, while other organizations may need third-party monitoring tools for compliance and data governance. AWS CloudTrail performs auditing, security monitoring, and operational troubleshooting by tracking user activity and API metrics.

Audit 52

Audit Application Backup Activation 52

Reciprocity

OCTOBER 1, 2022

As organizations and businesses around the world and across industries migrate their IT to the cloud, C-suites are faced with a new dilemma for governance, risk management and compliance (GRC) solutions: cloud versus on-premise software. That’s time and money that might be better spent elsewhere. GRC Software Solutions.

Government 52

Government Risk Management Internet Audit 52

LogisManager

APRIL 20, 2022

Imagine you’re asked to re-evaluate your vendors: open the Risk Ripple and immediately know how each vendor is being used, how critical it is to operations, and who relies on it. Diversity, Equity & Inclusion (DEI) Program Management LEARN MORE Categories: Solution Packages. IT Audit LEARN MORE Categories: Solution Packages.

Audit 52

Audit Alert Evaluation Strategic 52

Reciprocity

OCTOBER 1, 2022

The ISO 27001 standard for management of information systems helps organizations of any size to manage the security of data assets such as employee information, financial information, intellectual property, and third-party information. 8 – Asset Management. 16 – Information Security Incident Management.

Gap Analysis 52

Gap Analysis Audit Security Asset Management 52

Fusion Risk Management

SEPTEMBER 12, 2022

Are you able to respond to and manage all of the SLAs (service-level agreements) that you’re required to adhere to contractually? . 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. Supply Chain Ecosystem.

Resilience 52

Resilience Insurance Insurance Audit 52

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. A risk assessment evaluates all the potential risks to your organization’s ability to do business.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

LogisManager

NOVEMBER 10, 2021

Here’s how it works: Proactively identify issues at the start of a vendor evaluation. Contract Management Software LEARN MORE Categories: Solution Packages. Audit Resource Allocation LEARN MORE Categories: Solution Packages. LEARN MORE Categories: Governance, Risk & Compliance , Vendor Management.

Audit 52

Audit Mitigation Government Application 52

LogisManager

OCTOBER 12, 2021

2021 Gartner® Magic Quadrant for IT Vendor Risk Management Tools in 2021 & Beyond? Environmental, Social and Corporate Governance (ESG) criteria are a set of standards for business operations. PR will eventually become ineffective as reputations will need to be earned through genuinely good governance.

Evaluation 52

Evaluation Audit Risk Management Corporate Governance 52

LogisManager

OCTOBER 12, 2021

Environmental, Social and Corporate Governance (ESG) criteria are a set of standards for business operations. Now more than ever, socially conscious investors and regulators alike are evaluating organizations based on this criteria by evaluating their environmental friendliness, DEI initiatives, leadership transparency and more.

Evaluation 52

Evaluation Audit Risk Management Corporate Governance 52

Reciprocity

MARCH 24, 2022

Employees or senior management create fictitious revenues, understate revenues, hide liabilities, or inflate assets in financial statement fraud. Internal Audits. Solid internal audit procedures limit the risk of fraud. External Audits. It is a single source of truth that ensures your organization is always audit-ready.

Audit 52

Audit Banking Activation Authorization 52

LogisManager

JANUARY 3, 2022

This applies especially to your Environmental, Social and Corporate Governance (ESG) program: you may be working in accordance with ESG best practices, standards and frameworks, but you must report on your ESG activities to prove to third-party stakeholders like investors and customers that you’re doing what you’re saying you’re doing. .

Corporate Governance 52

Corporate Governance Government Audit Activation 52

Pure Storage

JULY 13, 2022

Managed service providers (MSPs) will take tuning and tooling off your plate. If you’ve had a more piecemeal, de facto adoption of multicloud so far, take time to pause and do an audit. Bottom line: Regularly re-evaluate your multicloud strategy from a high level. For starters, expectations are high. What’s the solution?

Capacity 98

Capacity Audit Government Alert 98

Security Industry Association

MARCH 15, 2022

Prior to using the technology, a local law enforcement agency must notify its local governing body and develop and publicly post a use policy that meets or exceeds statewide standards in a model policy to be developed by the Virginia State Police. Agency Requirements. Technology Standards.

Security 97

Security Technology Government Evaluation 97

Security Industry Association

NOVEMBER 16, 2023

New Security Industry Association (SIA) member IXP Corporation provides emergency communications consulting, technology and managed services for public safety, governments, campuses and private industry. The company is headquartered in Princeton, New Jersey, with a nationwide base of clients.

All-Hazards 52

All-Hazards Education Technology Government 52