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. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. Risk Assessments & User Access Reviews. Asset Management.

Risk Management 64

Risk Management Management Authentication Hospitality 64

LogisManager

OCTOBER 19, 2023

Among the areas expected to see change within compliance management of these banks will include obligations, board composition, duties, and committee structure. Additionally, there will be an over-arching requirement for these banks to adopt the 3 Lines of Defense Risk Management Strategy.

Banking 98

Banking Corporate Governance Audit Risk Management 98

everbridge

DECEMBER 19, 2023

By Eric Boger, VP Risk Intelligence As we approach the end of 2023, it’s vital to reflect on the transformative year in the field of critical event management. Travel Risk Management and Employee Duty of Care Travel risk management took on new dimensions in 2023.

Management 59

Management Travel Vulnerability Cybersecurity 59

Pure Storage

MAY 13, 2024

Engage with the reality of the new threat landscape CISOs and their teams clearly have plenty to do, but there’s an essential task to add to the list: instituting new policies and procedures around procurement, auditing, and monitoring of third-party providers. Tame SaaS sprawl Every additional application is a potential attack vector.

Audit 52

Audit Banking Benchmark Application 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 recent study by OCEG indicates that operational risk programs are viewed as unnecessary overhead by business units. Or, as so well articulated by the great British writer C. Contractual Obligations.

Resilience 52

Resilience Insurance Insurance Audit 52

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. The Federal Deposit Insurance Corp. Regular audits of the compliance program. Compliance Program.

Management 52

Management Audit Banking Risk Management 52

Solutions Review

SEPTEMBER 27, 2021

The Best Governance, Risk, and Compliance Software. Description: Apptega is a cybersecurity and compliance management platform that makes it easy for users to access, build, manage, and report their cybersecurity and compliance programs. Fusion Risk Management. Platform: LogicGate Risk Cloud.

Government 92

Government Audit Risk Management Hospitality 92

Reciprocity

SEPTEMBER 30, 2022

Such valuable data creates immense cybersecurity risks in healthcare. 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. Access to PII.

Healthcare 52

Healthcare Management Risk Management Vulnerability 52

Pure Storage

MARCH 25, 2024

FFIEC is an interagency body composed of the heads of the five federal banking agencies: the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau. link] ²“ U.S.

Financial Services 59

Financial Services Resilience Banking Risk Management 59

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

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). Others disagree.

Risk Management 52

Risk Management Audit Insurance Insurance 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? Importance of Vendor Management KPIs. Compliance.

Management 52

Management Risk Management Cybersecurity Strategic 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. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

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

Reciprocity

APRIL 4, 2022

Hence cybersecurity risk management is crucial to prevent and mitigate cyber threats. To combat those threats, businesses need to develop digital risk management. We can define that as the processes used to assess, monitor, and treat the risks that arise from the digital business processes that are so common today.

Mitigation 52

Mitigation Cybersecurity Malware Media 52

Fusion Risk Management

AUGUST 18, 2022

The regulation is intended to make compliance obligations less confusing and provide greater security for consumers by creating unified standards for third-party risk monitoring, performance, and auditing. . The DORA is landmark legislation that is the first of its kind that focuses on how regulated entities manage their ICT risk.

Resilience 52

Resilience Authorization Gap Analysis Risk Management 52

Reciprocity

DECEMBER 19, 2022

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. Effective compliance requires the support of senior management. Set up a mechanism for monitoring and auditing. Elements of a Strong Compliance Program.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

Reciprocity

MARCH 24, 2022

Employees or senior management create fictitious revenues, understate revenues, hide liabilities, or inflate assets in financial statement fraud. Segregation reduces the risk of inappropriate actions. Internal Audits. Solid internal audit procedures limit the risk of fraud. External Audits.

Audit 52

Audit Banking Activation Authorization 52

Reciprocity

AUGUST 17, 2022

Understanding these risks can improve business practices and decision-making, and allow risk managers to implement wise risk mitigation and management controls. This article addresses common questions about strategic and operational risk, such as: What are strategic risks and operational risks?

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. via stricter governance policies), and employ new tooling and technologies to help offset growing privacy risk (e.g., Companies must be aware of how these tools can potentially compromise or expose sensitive data.

Authentication 142

Authentication Cybersecurity Security Government 142

Solutions Review

DECEMBER 13, 2022

Data bias in machine learning models is one of the hottest topics in the AI industry for good reason; an AI model that rejects loan applications or increases insurance premiums for the wrong reasons will have a very deleterious effect. Data management. However, there is a lot of debate about whether those changes will be for the good.

Backup 98

Backup Application Government Security 98

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. via stricter governance policies), and employ new tooling and technologies to help offset growing privacy risk (e.g., Companies must be aware of how these tools can potentially compromise or expose sensitive data.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. The implementation of a Business Continuity Management (BCM) Program can be a complicated and lengthy process, which directly depends on the organization's size and complexity.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Stratogrid Advisory

JUNE 3, 2020

Once implemented, a Business Continuity Management (BCM) Program will support your organization's value statement and its mission. Section 2 - Business Continuity Management (BCM) Program Implementation. Section 3 - Risk Assessment. Note : Some sections of this article were previously published in our blog archives.

Business Continuity 52

Business Continuity BCM Impact Analysis BCP 52

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. via stricter governance policies), and employ new tooling and technologies to help offset growing privacy risk (e.g., Companies must be aware of how these tools can potentially compromise or expose sensitive data.

Healthcare 52

Healthcare Security Cybersecurity Government 52

Solutions Review

JANUARY 25, 2023

As part of Data Privacy Week (January 22-28) we called for the industry’s best and brightest to share their Identity Management , Endpoint Security , and Information Security comments. New systems will be a collection of smaller applications working harmoniously for better risk management and future outlook.

Government 116

Government Backup Application Security 116