Activation Audit Outsourcing 
Reciprocity
SEPTEMBER 11, 2024
To assure that all those parts are working as intended, you should perform a cybersecurity audit. Audits aren’t just good sense, either; many data privacy and security regulations require audits. That said, the steps for a cybersecurity audit can be long.
Stratogrid Advisory
JANUARY 29, 2019
Not another BCM Program audit? Last Updated on May 31, 2020 by Alex Jankovic Reading Time: 4 minutes Another Business Continuity Management (BCM) Program audit. At its core, an audit is simply an assessment used to discover which areas the business will require a focus in the future.
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Stratogrid Advisory
JANUARY 29, 2019
Not another BCM Program audit? Another Business Continuity Management (BCM) Program audit. Some organizations think of audits as tedious, and often unnecessary, accounting procedures, rather than as a powerful business tool that can be used to improve the organization’s capabilities. BCM Program Audits.
Fusion Risk Management
AUGUST 17, 2021
The scrutiny is going to get even more stringent in a post-COVID world since so many institutions had to rely on aggressive outsourcing. The policy should be actively reviewed by the board and reflected in meeting minutes – not just in a rubber-stamp exercise. Your third-party risk policy is every bit as important as any other policy.
Fusion Risk Management
SEPTEMBER 1, 2021
In the classic sense, across industries, third-party risk management is the consideration and control over outsourcing a function that typically is done within the organization to an external party for the purpose of delivery of a product or service to the consumer or a service provided to the company. breach, management departures, etc.).
Fusion Risk Management
JANUARY 31, 2024
It’s been said before but bears repeating: DORA is not a “ check-the-box “ compliance activity but rather a n opportunity to enact best practices and ensure that the entity is setting itself up for greater operational resilience. Similarly, procurement teams must be more active throughout the lifecycle to ensure contractual adhesion.
Fusion Risk Management
SEPTEMBER 12, 2022
A bottom-up approach occurs when teams are issue spotting via speaking up about issues that they are encountering, control testing, or remediating audit findings. Your customer may ask you to meet a specific SLA in the event of a data breach so that they can activate their incident management processes . Contractual Obligations.
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