LogisManager

OCTOBER 31, 2023

What is the Three Lines of Defense Approach to Risk Management? While this news is relevant to banks, any organization that values proactive risk identification, effective risk management, and regulatory compliance would benefit from implementing the Three Lines Model to safeguard their operations and reputation.

Risk Management 52

Risk Management Audit Management Banking 52

LogisManager

DECEMBER 5, 2023

The Importance of Risk Analytics Last Updated: December 5, 2023 The Importance of Risk Assessment and Management In the dynamic landscape of business, the importance of risk assessment and management cannot be overstated. Companies that prioritize risk management experience successful project completion and heightened productivity.

Risk Management 103

Risk Management Audit Impact Analysis Evaluation 103

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

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. The editors at Solutions Review have developed this resource to assist buyers in search of the best risk management software and tools to fit the needs of their organization.

Risk Management 98

Risk Management Management Audit Hospitality 98

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 reactions to risk include: Acceptance or toleration of a risk; Prevention or termination of a risk; Passing or sharing the risk via insurance, joint venture, or another arrangement; Mitigating or reducing the risk by internal control procedures or other risk-prevention measures.

Risk Management 52

Risk Management Management Mitigation Strategic 52

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

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

Zerto

OCTOBER 20, 2022

As we continue with our third and final blog in this series on managing cyberthreats, we’ll explore frameworks from the National Institute of Standards & Technology and Center for Internet Security, which together provide time-tested knowledge and best practices used to combat ransomware. Account management. Audit log management.

Cybersecurity 52

Cybersecurity Management Internet Malware 52

Zerto

APRIL 25, 2024

This helps organizations meet compliance requirements by providing immutable backups and audit trails for Power BI content, ensuring data integrity and governance. Making backups of collected data is critically important in data management. More ways to mitigate risk. Compliance and data governance.

Backup 75

Backup Data Integrity Business Continuity Disaster Recovery 75

LogisManager

DECEMBER 5, 2023

The Importance of Risk Analytics Last Updated: December 5, 2023 The Importance of Risk Assessment and Management In the dynamic landscape of business, the importance of risk assessment and management cannot be overstated. Companies that prioritize risk management experience successful project completion and heightened productivity.

Risk Management 52

Risk Management Audit Impact Analysis Evaluation 52

Zerto

OCTOBER 5, 2023

Microsoft Azure Active Directory (Azure AD) plays a crucial role as the identity and access management platform for Microsoft cloud services. Mitigating security risks: Securing your organization’s digital identity is crucial in today’s threat landscape. A robust Azure AD backup strategy prepares you for these scenarios.

Disaster Recovery 52

Disaster Recovery Audit Backup Mitigation 52

Castellan

AUGUST 24, 2022

Get the Getting Started with Resilience Management Guide. While attacks like SolarWinds help bring awareness to security risks associated with supply chains, most organizations still have a lot of ground to make up for supply chain risk assessments and risk management. DOWNLOAD NOW. More Third-Party Focus Needed. Ramping Up Resiliency.

Risk Management 52

Risk Management Management Audit Resilience 52

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

LogisManager

NOVEMBER 17, 2021

Topic: Taking a risk-based approach to Contract Management. Managing these changes can be a full-time job, and it’s more important for businesses to rely on third party vendors to help them achieve their goals than ever before. Given the number of contracts they were in charge of managing at the time, they needed help.

Audit 125

Audit Evaluation Pandemic Mitigation 125

LAN Infotech

OCTOBER 17, 2022

Performing regular network audits, keeping software up-to-date, and keeping abreast of planned software retirements can help businesses and organizations eliminate this source of risk. And while you may be quick to respond and mitigate the damage, you won’t always be lucky. Planning to Retire Older Software Applications.

Audit 98

Audit Security Vulnerability Application 98

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

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

Solutions Review

SEPTEMBER 27, 2021

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. Description: AuditBoard is a cloud-based GRC offering that includes a suite of risk, audit, and compliance tools. Fusion Risk Management.

Government 92

Government Audit Risk Management Hospitality 92

Reciprocity

DECEMBER 20, 2022

Learn the best way to complete an internal audit for your compliance management program. The Basics of Internal Audits. Internal audits assess a company’s internal controls, including its governance, compliance, security, and accounting processes. What Is the Purpose of an Internal Audit?

Audit 98

Audit Management Evaluation Activation 98

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

Pure Storage

AUGUST 3, 2023

Threat modeling is an essential tool for developers and security professionals to identify and mitigate potential security risks in software systems proactively. This can be a serious threat to audit trails and other compliance controls. Assets that are vulnerable to repudiation include logs, audit trails, and digital signatures.

Authentication 87

Authentication Vulnerability Authorization Audit 87

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

LogisManager

JANUARY 16, 2024

From combating security issues to refining inefficient processes, an RCSA can help take your business to the next level while mitigating the risks that are interfering with your growth and success. A risk control self assessment is an effective and valuable procedure used to identify, assess and mitigate a business’s operational risks.

Risk Management 52

Risk Management Mitigation Continual Improvement Audit 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? What Is an Integrated.

Risk Management 52

Risk Management Management Activation Government 52

LogisManager

DECEMBER 20, 2021

LogicManager is an enterprise risk management (ERM) platform, which means we help you do just that. LEARN MORE Mitigate. Get a list of controls you already have in place that are mitigating a risk, as well as suggested controls for new risks, to ensure you’re building your risk program on a foundation of best practices.

Audit 52

Audit Benchmark Mitigation Evaluation 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. Asset Management.

Risk Management 64

Risk Management Management Authentication Hospitality 64

LogisManager

DECEMBER 6, 2021

Work Smarter, Not Harder with Our AI Risk Management Tool We’re now offering AI generated insights for existing clients at no additional cost. LogicManager’s “Taxonomy Insights” automatically suggests mitigations and regulations to save you valuable time and resources. See a star symbol in your mitigation panel? Connect Silos.

Mitigation 59

Mitigation Audit Strategic Risk Management 59

Solutions Review

SEPTEMBER 8, 2023

As such, the key to mitigating (and ideally neutralizing) that threat is to secure data in storage and backup. Two-thirds say securing backups and storage was addressed in recent external audits. What level of auditing do we expect? Ongoing risk management Storage and backup security demands active, ongoing risk management.

Financial Services 105

Financial Services Security Backup Audit 105

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

Solutions Review

FEBRUARY 21, 2023

They also conduct risk assessments to identify potential data privacy risks and develop plans to mitigate those risks. In addition, they monitor data handling practices through audits, reviews, and assessments and report their findings to relevant stakeholders. How do you monitor and report on data privacy compliance?

Audit 52

Audit Mitigation Disaster Recovery Evaluation 52

LogisManager

SEPTEMBER 24, 2021

This collaborative group of developers, designers, lawyers and risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Trend Alert: The Automation of Third Party Risk Management. There’s never been a better time to be a vendor manager. Keep reading to find out.

Risk Management 104

Risk Management Audit Evaluation Healthcare 104

Security Industry Association

DECEMBER 5, 2022

The risk of cyber and physical attacks, including ones similar to what occurred this weekend, can be mitigated and vulnerabilities can be reduced by having appropriate training, programs and policies in place, and by adhering to NERC standards.

Audit 59

Audit Vulnerability Education 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 52

Audit Risk Management Mitigation Management 52

Pure Storage

OCTOBER 4, 2023

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. Once they identify risks, telcos are expected to implement measures to mitigate these risks effectively.

Telecommunications 52

Telecommunications Authorization Cybersecurity Government 52

LogisManager

NOVEMBER 10, 2021

Then, automatically calculate whether that vendor’s contract adequately mitigates or fails to mitigate those risks. Contract Management Software LEARN MORE Categories: Solution Packages. Audit Resource Allocation LEARN MORE Categories: Solution Packages. Audit Resource Allocation LEARN MORE Categories: Solution Packages.

Audit 52

Audit Mitigation Government Application 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. More specifically, within digital risk management are the active measures that businesses can take to protect their assets: digital risk protection. Mitigation.

Mitigation 52

Mitigation Cybersecurity Malware Media 52