Reciprocity

MARCH 3, 2025

Schedule a demo to see how ZenGRC can strengthen your healthcare vendor risk management program. When third-party vendors gain access to PHI, that trust extends to them as well, making robust vendor risk management not just a regulatory requirement, but an ethical imperative.

Healthcare 52

Healthcare Management Risk Management Audit 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. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98

Banking Risk Management Management Corporate Governance 98

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.

Audit 52

Audit Cybersecurity Vulnerability Outsourcing 52

LogisManager

JANUARY 14, 2025

For risk managers, onboarding is more than just welcoming new team members it’s about ensuring everyone understands compliance while preventing business risks. Risk managers can use automation to train new employees without increasing security risks. Your team information is audit-ready at all times.

Audit 52

Audit Risk Management Security Vulnerability 52

FS-ISAC

NOVEMBER 8, 2021

You can hire a professional audit firm to benchmark the bucket against peer buckets. We chase concepts that seem simple, such as "basic" network hygiene, asset management, and patching. But these approaches rely on tenets based on traditional operational and financial risk management. Or you could fill it with water.

Risk Management 59

Risk Management Management Audit Asset Management 59

LogisManager

JANUARY 14, 2025

Risks Associated With Business Task Automation and How to Mitigate Them Last Updated: January 14, 2025 If your business is investing in task automation, you’ll benefit from increased efficiency and reduced manual tasks. While business task automation (BTA) offers companies a new way to manage workflows, it also comes with new risks.

Mitigation 52

Mitigation Risk Management Audit Backup 52

Reciprocity

SEPTEMBER 5, 2024

One essential tool that bolsters this trust is an audit of internal control over financial reporting (ICFR). At its core, an ICFR audit evaluates the operating effectiveness of a company’s internal processes and controls that safeguard its financial statements from misrepresentation, either accidental or intentional.

Audit 52

Audit Evaluation Activation Communications 52

Reciprocity

OCTOBER 7, 2024

Any modern organization looking to navigate today’s risk environment successfully needs both strong internal controls and ongoing internal audits. This guide aims to eliminate that confusion by explaining the meaning and importance of internal controls and internal audits. What Are Internal Audits?

Audit 52

Audit Corporate Governance Evaluation Activation 52

Reciprocity

OCTOBER 7, 2024

Any modern organization looking to navigate today’s risk environment successfully needs both strong internal controls and ongoing internal audits. This guide aims to eliminate that confusion by explaining the meaning and importance of internal controls and internal audits. What Are Internal Audits?

Audit 52

Audit Corporate Governance Evaluation Activation 52

Reciprocity

OCTOBER 8, 2024

Enterprise risk management (ERM) can be a challenging endeavor – but a rewarding one, too. To reap the full benefits, risk management teams must understand what those barriers are, and the techniques you can use to overcome them. Training and supervision are also risk management and mitigation activities.

Risk Management 52

Risk Management Management Corporate Governance Audit 52

Reciprocity

OCTOBER 8, 2024

Enterprise risk management (ERM) can be a challenging endeavor – but a rewarding one, too. To reap the full benefits, risk management teams must understand what those barriers are, and the techniques you can use to overcome them. Training and supervision are also risk management and mitigation activities.

Risk Management 52

Risk Management Management Corporate Governance Audit 52

Reciprocity

SEPTEMBER 5, 2024

An audit of your IT systems can identify and fix those potential disruptions before they happen – and an IT audit checklist can ensure that your IT department has the necessary resources in place to keep your systems safe. What Is the Main Goal of an IT Audit Checklist?

Audit 52

Audit Backup Healthcare Asset Management 52

Reciprocity

DECEMBER 21, 2022

If your company is a service organization and your customers trust you with their data, you may need to pass a SOC 2 (System and Organization Controls 2) audit. Compliance and certification are the goals of a SOC 2 audit. The SOC 2 compliance audit gives them that assurance. Develop a SOC 2 Audit Framework. What is SOC 2?

Audit 52

Audit Gap Analysis Security Cybersecurity 52

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

Reciprocity

NOVEMBER 5, 2021

The modern corporate organization faces a host of risks that can affect operational efficiency and regulatory compliance. Simple awareness is not enough to stay ahead of these risks. You must find ways to manage, mitigate, accept, or transfer these risks. Here’s where enterprise risk management (ERM) comes in.

Risk Management 52

Risk Management Management Audit Strategic 52

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

Reciprocity

APRIL 8, 2025

For example, Article 30 mandates maintaining detailed records of processing activities (ROPAs), while Article 35 requires Data Protection Impact Assessments (DPIAs) for high-risk processing. The combination of these challenges creates significant risk exposure for organizations still relying on manual GDPR compliance processes.

Activation 52

Activation Authorization Strategic Audit 52

LogisManager

OCTOBER 19, 2023

Additionally, there will be an over-arching requirement for these banks to adopt the 3 Lines of Defense Risk Management Strategy. What Changes Can Banks Expect When delving into some of the specific changes banks can expect to see, the frequency of risk appetite statements will come into focus.

Banking 98

Banking Corporate Governance Audit Risk Management 98

Fusion Risk Management

SEPTEMBER 1, 2021

In today’s world, where we have seen massive supply chain disruptions, data breaches, enforcement actions, and a stunning series of customer failures, the world of third-party risk management (TPRM) has never been under more scrutiny. Let’s examine what third-party risk management means. Risk Assessment.

Risk Management 52

Risk Management Management Outsourcing Fashion 52

LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. 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?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 52

LogisManager

JUNE 1, 2024

The Role Corporate Governance Plays in Risk Management Last Updated: June 4, 2024 As an auditor, compliance officer or risk manager, you’re used to balancing the delicate processes that impact your company’s performance.

Corporate Governance 52

Corporate Governance Risk Management Government Management 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?

Risk Management 52

Risk Management Management Activation Government 52

Bernstein Crisis Management

FEBRUARY 4, 2025

According to the Edelman survey, young adults are particularly vulnerable, with 53% endorsing hostile activism as a legitimate tool for change. Crisis communication planning including vulnerability audits, crisis protocol, message development and spokesperson training.

Crisis Management 130

Crisis Management Vulnerability Audit Scenario Planning 130

Alternative Resiliency Services Corp

DECEMBER 10, 2019

Last-minute Compliance items and Audit remediations. ​Your Business Continuity, Risk Management and related programs can get side-tracked during the holiday rush. ​Here are two high-value low-investment end-of-year activities to keep your Business Continuity programs on track and ready to face the unexpected in 2020!

Audit 130

Audit Outage Evaluation Business Continuity 130

LogisManager

MARCH 14, 2024

Boeing Airlines finds itself amidst a storm of legal challenges, grappling with a series of incidents highlighting systemic issues in its risk management practices. Why is the glaring lack of records a risk management problem for Boeing? What are the consequences of Boeing’s failure in risk management?

Airlines 59

Airlines Risk Management Management Transportation 59

Reciprocity

MARCH 28, 2022

Enterprise risk management is critical for business success. The fundamental components of ERM are evaluating significant risks and applying adequate responses. The International Organization for Standardization (ISO) 31000: Risk Management is complete with principles, a framework, and a process for managing risk.

Risk Management 52

Risk Management Management Mitigation All-Hazards 52

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

FEBRUARY 25, 2025

Learn how to implement AI solutions that enhance rather than compromise your risk management program. Book a demo with ZenGRC to strengthen your compliance and risk management strategy. Every minute spent manually transferring data between spreadsheets could be better invested in strategic risk management.

Strategic 52

Strategic Risk Management Technology Security 52

Reciprocity

OCTOBER 8, 2024

Risk management is arguably the most effective way to navigate uncertain circumstances. That said, not everyone can handle the time and resource commitments associated with traditional risk management processes. If this is you, building an automated risk management program may be the wiser course.

Risk Management 52

Risk Management Cybersecurity Management Alert 52

Reciprocity

OCTOBER 8, 2024

Risk management is arguably the most effective way to navigate uncertain circumstances. That said, not everyone can handle the time and resource commitments associated with traditional risk management processes. If this is you, building an automated risk management program may be the wiser course.

Risk Management 52

Risk Management Cybersecurity Management Alert 52

Reciprocity

FEBRUARY 6, 2025

Organizations will need to maintain detailed documentation of all security policies and procedures, conduct annual compliance audits, and implement regular penetration testing. Teams spend countless hours manually tracking compliance across multiple systems, while the risk of human error in documentation and monitoring continues to grow.

Healthcare 52

Healthcare Audit Authentication Consulting 52

Solutions Review

SEPTEMBER 15, 2023

For many, the traditional methods of audits and assessments take shape as a reactive 11 th -hour hustle, one that tends to be expensive while only providing a point-in-time report with limited value. GRCaaS forces everyone to manage and track GRC-related activities in one location.

Risk Management 64

Risk Management Government Management Disaster Recovery 64

Solutions Review

SEPTEMBER 8, 2023

…to analysts like Gartner … “ Harden the components of enterprise backup and recovery infrastructure against attacks by routinely examining backup application, storage and network access and comparing this against expected or baseline activity.” …to Two-thirds say securing backups and storage was addressed in recent external audits.

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

everbridge

NOVEMBER 2, 2021

Technology allows for the optimization and automation of appropriate incident response, including early warning systems, standard operating procedures, escalation policies, best practices, and response team and device activations. ANALYZE – Evaluate actions taken and understand patterns to improve disaster risk reduction.

Resilience 142

Resilience Risk Reduction Management Command Center 142

Reciprocity

APRIL 30, 2025

Integrated Governance Structure Future-proof GRC programs break down traditional silos between compliance, risk management, audit, security, and operations. Automation of Routine Processes Manual compliance activities are not only inefficient but also inherently inflexible.

Strategic 52

Strategic Government Technology Risk Management 52

Solutions Review

DECEMBER 12, 2024

Tim Golden, Compliance Scorecard Intensified Regulatory Enforcement and Fines Regulatory bodies are expected to increase enforcement of cybersecurity laws, such as CMMC and FTC 3.14, with a focus on stricter audits and leveraging mechanisms like whistleblowing. Cyber Liability insurance will increasingly require a privacy audit.

Vulnerability 52

Vulnerability Cybersecurity Malware Audit 52