Solutions Review

SEPTEMBER 9, 2021

Solutions Review’s listing of the best risk management 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 risk management software providers all in one place. The Best Risk Management Software.

Risk Management 98

Risk Management Management Audit Hospitality 98

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. Failing to implement an ERM program under these circumstances is negligence.

Banking 98

Banking Risk Management Management Corporate Governance 98

Reciprocity

DECEMBER 27, 2022

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.

Government 52

Government Audit Risk Management Disaster Recovery 52

Reciprocity

DECEMBER 21, 2022

If your company is a service organization and your customers trust you with their data, you may need to pass a SOC 2 (System and Organization Controls 2) audit. Compliance and certification are the goals of a SOC 2 audit. The SOC 2 compliance audit gives them that assurance. Develop a SOC 2 Audit Framework. What is SOC 2?

Audit 52

Audit Gap Analysis Security Cybersecurity 52

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

LogisManager

OCTOBER 19, 2023

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. Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure.

Banking 98

Banking Corporate Governance Audit Risk Management 98

MHA Consulting

JULY 20, 2023

Whether the company you work for has five employees or 5,000, it should have a risk governance program. Experience shows that there are five areas where risk governance policies and procedures are especially important: data retention, data access, device security, people security, and social media.

Government 70

Government Media Risk Management Vulnerability 70

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

LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. 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?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 52

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management?

Risk Management 52

Risk Management Management Activation Government 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

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. Factor analysis of information risk (FAIR) provides a common risk mitigation vocabulary to help you to address security practice weaknesses.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Castellan

AUGUST 24, 2022

government entities such as the Department of Homeland Security, the National Nuclear Security Administration, the State Department, the Pentagon, the U.S. According to Prevalent’s 2022 Third-Party Risk Management Study , almost half of respondents (45%) experienced a third-party security incident in the previous 12 months.

Risk Management 52

Risk Management Management Audit Resilience 52

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided. ERM fosters effective governance programs that identify and prevent system misconfigurations, poor patch management practices and weak password management.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Reciprocity

OCTOBER 1, 2022

Protecting your corporate website as an enterprise risk management strategy can keep your data, customers, sensitive information, and reputation safe. Engage security experts with the know how to perform security audits after you believe your website is secure. Tighten Network Security.

Risk Management 52

Risk Management Management Vulnerability Malware 52

Solutions Review

DECEMBER 26, 2023

Fusion Risk Management Platform: Fusion Framework System Description: Fusion Risk Management’s Fusion Framework System enables users to leverage objective risk insights that help to audit, analyze, and improve business operations.

Business Continuity 83

Business Continuity Disaster Recovery Backup Audit 83

Pure Storage

MARCH 25, 2024

CISA is a part of the Department of Homeland Security and has responsibilities that include risk assessment, vulnerability reduction, threat detection, incident response, and the coordination of recovery efforts with other federal agencies, state and local government, and the private sector. Like nearly all efforts in the U.S.,

Financial Services 59

Financial Services Resilience Banking Risk Management 59

LogisManager

MARCH 19, 2024

Cybersecurity Risk Management Best Practices In the era of remote work, businesses face unique cybersecurity challenges that require tailored risk management strategies. A risk-based approach to cybersecurity involves several key steps: Risk Identification: Document all potential threats and vulnerabilities.

Cybersecurity 52

Cybersecurity Risk Management Vulnerability Mitigation 52

LogisManager

MARCH 19, 2024

Cybersecurity Risk Management Best Practices In the era of remote work, businesses face unique cybersecurity challenges that require tailored risk management strategies. A risk-based approach to cybersecurity involves several key steps: Risk Identification: Document all potential threats and vulnerabilities.

Cybersecurity 59

Cybersecurity Risk Management Vulnerability Mitigation 59

LogisManager

JULY 11, 2023

Conduct a Data Audit: Perform a comprehensive audit of the data your company collects, processes, stores, and shares. This audit will help you assess compliance gaps and develop strategies to address them. Familiarize yourself with the specific requirements and obligations imposed by these laws.

Audit 96

Audit Risk Management Mitigation Management 96

Reciprocity

AUGUST 24, 2022

The various niches of risk management have become a veritable alphabet soup of acronyms. As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). The advent of the digital age is partly to blame.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Fusion Risk Management

JANUARY 31, 2024

As organizations begin to determine the impact that DORA has on their specific business, a common thread has emerged: while Information and Communication Technology (ICT) Third-Party Risk Management (TPRM) is its own pillar in the regulation, TPRM touches on all other pillars of the regulation.

Management 52

Management Risk Management Activation Outsourcing 52

Solutions Review

SEPTEMBER 8, 2023

to governments finally addressing the issue, like in last year’s White House memo : “ Test the security of your systems and your ability to defend against a sophisticated attack.” Two-thirds say securing backups and storage was addressed in recent external audits. What level of auditing do we expect?

Financial Services 105

Financial Services Security Backup Audit 105

Fusion Risk Management

SEPTEMBER 12, 2022

Even if it is difficult to use that regulatory hammer to secure funding for budget to purchase technology, this should not stop a progressive organization from using effective risk management disciplines to run their programs and serve their customers. Or, as so well articulated by the great British writer C. Supply Chain Ecosystem.

Resilience 52

Resilience Insurance Insurance Audit 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. Managing risk, compliance, and audit processes is complex and resource intensive.

Government 52

Government Risk Management Internet Audit 52

Pure Storage

OCTOBER 4, 2023

In response to these changes, governments worldwide are implementing new rules and frameworks to ensure the security and reliability of telecommunications services. These requirements can be summarized into the following key areas: Risk management and mitigation: Telcos must identify and assess risks to their networks and services.

Telecommunications 52

Telecommunications Authorization Cybersecurity Government 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

Fusion Risk Management

JANUARY 5, 2023

Risk Management. To meet the DORA’s standards, firms must update their technology risk management governance. The updated framework requires firms to identify important business functions and dependent risks and map the TSP assets that run them. Supply Chain Management and Third-Party Risk.

Resilience 52

Resilience Financial Services Audit Outsourcing 52

Fusion Risk Management

NOVEMBER 17, 2021

All effective programs start with a governance model. Effective Governance – A successful compliance program requires internal resources and broad cross-functional support, including executive leadership. To begin defining governance, start by drafting a program charter that clearly outlines roles and responsibilities.

Technology 52

Technology Audit Government Communications 52

Pure Storage

FEBRUARY 21, 2024

A plan to meet the regulatory requirements as well as an audit regime were required by June 2023 and a first audit must be completed by June 2024. Australia The Australian Prudential Regulation Authority (APRA) released CPS 230 – Operational Risk Management for consultation in July 2022.

Financial Services 59

Financial Services Resilience Audit Authorization 59

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. What Is a Risk Assessment? Here are some others: Financial risk. Audit risk.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

LogisManager

AUGUST 17, 2021

From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. This collaborative group of developers, designers, lawyers and risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Finally, ESG is tied to performance.

Audit 98

Audit Government Risk Management Alert 98

LogisManager

SEPTEMBER 21, 2021

Managers completed thousands of reviews at a time, one by one, and relied strictly on memory for completing them on time. In the short term, this left room for human error, missed deadlines and failed audits. Related Post: The Colonial Pipeline Hack: A Failure in Risk Management. Download our free guide to find out.

Healthcare 96

Healthcare Audit Pandemic Risk Management 96

Reciprocity

AUGUST 15, 2022

Specifically, a compliance management system looks like a collection of policies, procedures, and processes governing all compliance efforts. Ideally, your CMS is an integrated system to govern that program, which should include employee training, focused business processes, operational reviews, and corrective action strategies.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

APRIL 4, 2022

IT governance. It’s also bringing about yet another hat CISOs might find on their head: governance, risk, and compliance (GRC) expert. A holistic view of the enterprise is essential to effective enterprise risk management. That’s no easy task; it requires strong leadership in every sense of the word.

Audit 52

Audit Cybersecurity Risk Management Alert 52

LogisManager

JULY 11, 2023

Conduct a Data Audit: Perform a comprehensive audit of the data your company collects, processes, stores, and shares. This audit will help you assess compliance gaps and develop strategies to address them. Familiarize yourself with the specific requirements and obligations imposed by these laws.

Audit 52

Audit Risk Management Mitigation Management 52