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Customer Insights 2023: Fusion’s March Community Exchange Round Up

Fusion Risk Management

Third-Party Risk Management Understanding which third parties play a critical role in your ability to deliver products or services is crucial so that you can prioritize efforts and mitigate issues as they arise. The post Customer Insights 2023: Fusion’s March Community Exchange Round Up appeared first on Fusion Risk Management.

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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

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.

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The Most Overlooked Security Issues Facing the Financial Services

Solutions Review

Please note: usually when the initial gap analysis is done (remember step 1), you end up with a long list of deviations. Ongoing risk management Storage and backup security demands active, ongoing risk management. Implementation With knowledge accrued and threats defined, the rubber needs to meet the road.

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ISO 27001 Certification Requirements & Standards

Reciprocity

Deciphering the various numbers can be confusing at first, but each standard is numbered and deals with a specific facet of managing your company’s information security risk management efforts. Third, create a project plan and a project risk register. Perform a Gap Analysis. Conduct a Risk Assessment.

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Audit Checklist for SOC 2

Reciprocity

The scope of your SOC 2 audit typically addresses infrastructure, software, data, risk management, procedures, and people. Perform a SOC 2 Gap Analysis. Once you’ve completed your audit preparation, you should perform a gap analysis. Vendor management programs. What Are the Benefits of SOC 2?

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The Digital Operational Resilience Act is Finalized – Now is the Time to Act

Fusion Risk Management

Start with a risk assessment to determine how or if the DORA will affect your business as a covered financial entity or TSP . Leverage a gap analysis to understand where your organization can strengthen current processes or add new ones to meet the range of proposed requirements for your ICT risk management framework. .

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5 Steps To Developing A Corporate Compliance Program

Reciprocity

Although corporate compliance can feel overwhelming at first, corporate compliance programs offer a sound foundation for business strategy and risk management. This content provides the option to incorporate a gap analysis beforehand to show management the extra work needed to obtain full compliance.

Audit 52