Remove Audit Remove Hazard Remove Insurance Remove Marketing
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IRM, ERM, and GRC: Is There a Difference?

Reciprocity

Not long ago, risk managers concerned themselves mainly with hazards such as fires and floods; or in the financial sector, loan defaults (credit risk). Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. There it was!

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5 Steps To Developing A Corporate Compliance Program

Reciprocity

For example, a luxury resort may include YouTube videos as a marketing strategy. Monitoring often incorporates audit requirements (either external or internal) as part of the regulatory or industry standard. Set up a mechanism for monitoring and auditing. Elements of a Strong Compliance Program. Maintain steady discipline.

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Strategies for Digital Risk Protection

Reciprocity

Any hazards associated with cloud architectural changes, the use of new platforms such as IoT devices, or new IT systems can lead to digital risk. Workflow management features offer easy tracking, automated reminders, and audit trails. Digital connections are essential. Technology. Compliance.