article thumbnail

IRM, ERM, and GRC: Is There a Difference?

Reciprocity

Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. 2002-2007): Financial reporting, Sarbanes-Oxley Act (SOX) compliance, and their related IT controls. Rasmussen sees the GRC development timeline as follows: GRC 1.0

article thumbnail

What’s Next After Completing Your Operational Resilience Self-Assessment?

Castellan

The new guidelines are applicable to organisations such as banks and investment firms, but also payment services, insurers, investment exchanges, electronic money services, building societies, and others. Going forward, organisations are expected to operate within those impact tolerances. Post-Assessment, What Now?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What is COBIT? COBIT Explained

BMC

The following are security standards and control frameworks interchangeable with COBIT that can address information security requirements: Federal Information Security Management Act of 2002 (FISMA), which ensures the usefulness and efficiency of security controls over information resources that support federal operations and assets.

Audit 52
article thumbnail

What is COBIT? COBIT Explained

BMC

The following are security standards and control frameworks interchangeable with COBIT that can address information security requirements: Federal Information Security Management Act of 2002 (FISMA), which ensures the usefulness and efficiency of security controls over information resources that support federal operations and assets.

Audit 52
article thumbnail

Choosing a Governance Risk and Compliance Tool: Constant Vigilance

Reciprocity

Managing all your governance, risk, and compliance (GRC) needs is no easy task.