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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. To make your search a little easier, we’ve profiled the best governance, risk, and compliance software all in one place. Platform: Enablon.

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Choosing a Governance Risk and Compliance Tool: Constant Vigilance

Reciprocity

Managing all your governance, risk, and compliance (GRC) needs is no easy task. GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. The three pillars of a GRC program are governance, risk management, and compliance. Governance.

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How Banks Can Prepare for the FDIC’s Proposed Standards

LogisManager

In what is seen as a significant shift, the Proposed Standards will move away from the reliance on state law in favor of establishing governance and oversight obligations for banks. The first line of defense, typically the business units, can use the software to conduct risk assessments, document risks, and develop mitigation plans.

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TSPs: Making the Case to Invest in Risk and Resiliency

Fusion Risk Management

Closely tied to those values are programs that enhance an organization’s operational risk management, compliance, and governance procedures; ESG (environmental, social, and governance) ; and reputation and perception in the market. Ability to Procure Cyber Insurance. Supply Chain Ecosystem. Contractual Obligations.

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Year in Review: Key Trends in Critical Event Management

everbridge

Cybersecurity solutions increasingly harnessed these technologies to analyze extensive data, detect anomalies, and automate incident response, leading to quicker and more precise threat identification and mitigation. Lessons Learned: AI-Driven Disaster Response: Governments employed AI to improve their response to natural disasters.

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The Best Risk Management Software to Consider for 2021 and Beyond

Solutions Review

Description: Archer IT & Security Risk Management enables users to document and report on IT risks and controls, security vulnerabilities, audit findings, regulatory obligations, and issues across their technology infrastructure. Platform: Archer IT & Security Risk Management. Fusion Risk Management. Platform: HighBond.

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5 Steps to Implement Enterprise Risk Management (ERM)

Reciprocity

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.