article thumbnail

Digital Transformation Pitfalls—And How to Avoid Them

NexusTek

Revlon’s high-profile digital transformation debacle of 2018 was partially due to lack of clear vision for the project, and their stock fell 6.9% Ignoring Change Management Elements. Their rushed digital transformation in 2018 resulted in supply chain issues that caused a 25% drop in sales 4. Global Digital Assurance.

article thumbnail

Guide: Complete Guide to the NIST Cybersecurity Framework

Reciprocity

in 2018, NIST CSF has undergone significant evolution. Best Practices for Security Impact Analysis Early Integration : Integrate SIA early and throughout the change management process to identify and address security concerns proactively. Lessons learned are documented to improve future change management processes.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Guide: Complete Guide to the NIST Cybersecurity Framework

Reciprocity

in 2018, NIST CSF has undergone significant evolution. Best Practices for Security Impact Analysis Early Integration : Integrate SIA early and throughout the change management process to identify and address security concerns proactively. Lessons learned are documented to improve future change management processes.

article thumbnail

How to write a business continuity plan: the easy way

IT Governance BC

To ensure that such organisations are sufficiently prepared for risks, the EU adopted the NIS Directive, which was transposed into UK law as the NIS (Network and Information Systems) Regulations 2018. Change management. Every time changes are made to the BCP, you must ensure that the digital and hard-copy forms are updated.

article thumbnail

What Does a Compliance Management System Look Like?

Reciprocity

For example, in 2018 the CFPB levied a $1 billion fine against Wells Fargo Bank for “unfair, deceptive, or abusive acts and practices” (UDAAP) associated with home and auto loans. The Consumer Financial Protection Bureau is a consumer protection agency that responds to consumer complaints.

article thumbnail

B.C.’s New Bill 31 – Emergency and Disaster Management Act

CCEM Strategies

The road up to this point has been long anticipated across the emergency and disaster management community in B.C. A deliberate focus on modernization first emerged five years ago in 2018, when the Province adopted the Sendai Framework for Disaster Risk Reduction.