Solutions Review

SEPTEMBER 9, 2021

Description: Archer IT & Security Risk Management enables users to document and report on IT risks and controls, security vulnerabilities, audit findings, regulatory obligations, and issues across their technology infrastructure. Platform: Archer IT & Security Risk Management. Fusion Risk Management. Platform: HighBond.

Risk Management 98

Risk Management Management Audit Hospitality 98

everbridge

AUGUST 26, 2021

In 2011, when extreme flooding crippled factories in Thailand, the country’s central bank estimated that the supply-chain disruptions lowered Thailand’s GDP growth rate by 76 percent, dropping it from the forecasted 4.1 The post How to Mitigate the Effects of Floods on Your Supply Chain appeared first on Everbridge.

Mitigation 52

Mitigation Logistics Risk Reduction Retail 52

Pure Storage

AUGUST 3, 2023

Threat modeling is an essential tool for developers and security professionals to identify and mitigate potential security risks in software systems proactively. This can be a serious threat to audit trails and other compliance controls. Assets that are vulnerable to repudiation include logs, audit trails, and digital signatures.

Authentication 87

Authentication Vulnerability Authorization Audit 87

Reciprocity

OCTOBER 8, 2024

Internal controls assure the audit committee, board of directors, and senior management that the company’s financial reporting is reliable and compliant with applicable laws and regulations. Examining canceled checks (processed and cleared by the bank) is vital to assure that only authorized personnel sign checks.

Audit 52

Audit Banking Authorization Activation 52

Reciprocity

OCTOBER 8, 2024

Internal controls assure the audit committee, board of directors, and senior management that the company’s financial reporting is reliable and compliant with applicable laws and regulations. Examining canceled checks (processed and cleared by the bank) is vital to assure that only authorized personnel sign checks.

Audit 52

Audit Banking Authorization Activation 52

LogisManager

OCTOBER 31, 2023

The proposed standards emphasize a stronger corporate governance and include an over-arching requirement for these banks to adopt the Three Lines Model. They are the ones who “own” the risk and are responsible for taking actions to mitigate it. This includes risk management, compliance, and internal control departments.

Risk Management 52

Risk Management Audit Management Banking 52

Reciprocity

MARCH 24, 2022

So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? Internal Audits. Solid internal audit procedures limit the risk of fraud. Along with management reviews, internal audits are critical to assess existing anti-fraud controls and assure they remain effective and up-to-date.

Audit 52

Audit Banking Activation Authorization 52

LogisManager

MAY 22, 2023

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security.

Risk Management 52

Risk Management Banking Evaluation Benchmark 52

LogisManager

MAY 22, 2023

In this blog, we will explore three ways to prepare for the future: engaging your Risk Committee and Board of Directors with the Risk Maturity Model, using risk management to anticipate and mitigate potential risks, and optimizing vendor spending while enhancing your security.

Risk Management 52

Risk Management Banking Evaluation Benchmark 52

Plan B Consulting

JUNE 7, 2017

For example, in the public sector, Scotland Emergency Planning Units have renamed themselves as ‘Resilience’ and I have seen a number of resilience roles within the banking sector. Having identified a risk, other disciplines within resilience can help mitigate the risk and provide ongoing monitoring.

Business Continuity 52

Business Continuity Resilience Audit Crisis Management 52

Plan B Consulting

JUNE 7, 2017

For example, in the public sector, Scotland Emergency Planning Units have renamed themselves as ‘Resilience’ and I have seen a number of resilience roles within the banking sector. Having identified a risk, other disciplines within resilience can help mitigate the risk and provide ongoing monitoring.

Business Continuity 52

Business Continuity Resilience Audit Crisis Management 52

Reciprocity

AUGUST 15, 2022

Regular audits of the compliance program. In banking, for example, the FDIC, the Office of the Comptroller of the Currency (OCC), or the Consumer Financial Protection Bureau (CFPB) are stringent regulators that can impose high fines for compliance issues. The Federal Deposit Insurance Corp. FDIC), a primary U.S. Compliance Program.

Management 52

Management Audit Banking Media 52

LogisManager

MAY 20, 2021

In recent years, these attacks have affected everyone from banks and hospitals to universities and municipalities; almost 2,400 organizations in the United States were victimized last year alone. Risk Assessments & User Access Reviews. Data Governance.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Fusion Risk Management

JANUARY 5, 2023

While the methodology or framework for resilience may differ, the expectations are clear: businesses must adapt to the changing environment, mitigate potential impact, and continue to deliver important services to customers. Audit Access. One legislation addressing these risks is the landmark Digital Operational Resilience Act (DORA).

Resilience 52

Resilience Financial Services Outsourcing Audit 52

Fusion Risk Management

SEPTEMBER 12, 2022

Many of our own customers have said that having a “tone at the top” from leadership is critical to get their business team’s buy-in, as no one really wants to take a time out to work on their continuity plans or risk mitigation strategy. Contractual Obligations.

Resilience 52

Resilience Insurance Insurance Outsourcing 52

PagerDuty

JUNE 13, 2023

Additionally, it can positively impact the process evolution of a business’ inner workings as the world becomes increasingly more complex—and prone to bank-breaking threats. Mitigating Insider Threats: Zero trust security addresses the risk of insider threats by assuming that no user or device should be implicitly trusted.

Security 52

Security Authentication Architecture Mitigation 52

Security Industry Association

APRIL 7, 2022

Various systems and solutions can be implemented to mitigate risk and manage some of the challenges that health care facilities face. Susceptible areas such as blood banks and pharmaceutical storage also require controlled access. Otherwise, the health care facility might open itself up to liability. 7 Health Care Security Essentials.

Hospitality 52

Hospitality Security Technology Alert 52

Solutions Review

MARCH 31, 2023

Also, they can reduce their attack surfaces by establishing policies, technologies and auditing that reduces their data footprint through methodologies like deduplication. It’s also important to develop a strategic risk program and make smart decisions on the type of recovery scenarios you’re most likely to face.

Backup 119

Backup Disaster Recovery Application Outage 119

Pure Storage

SEPTEMBER 4, 2024

data to power the future without breaking the bank? This helps you identify and mitigate energy waste, potentially lowering your bills. Data governance tools help utilities manage data quality, ensure compliance with regulations, and maintain audit trails. So, how can utility companies take full advantage of AMI 2.0 Costs AMI 2.0

Outage 52

Outage Capacity Cloud Computing Alert 52

Reciprocity

OCTOBER 7, 2024

For these reasons, it’s critical to develop a strong payroll process, identify any risks, and implement robust control activities to mitigate those risks. Audits can confirm that the payroll system is running correctly and reveal whether the organization is accurately fulfilling its payment and tax obligations.

Audit 52

Audit Banking Authorization Mitigation 52

Solutions Review

JANUARY 25, 2024

Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. Collaboration through these platforms, while boosting productivity, can inadvertently lead to the exposure of sensitive information.

Authentication 142

Authentication Cybersecurity Security Government 142

Solutions Review

FEBRUARY 1, 2024

Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. Collaboration through these platforms, while boosting productivity, can inadvertently lead to the exposure of sensitive information.

Healthcare 59

Healthcare Cybersecurity Security Government 59

Solutions Review

JANUARY 28, 2024

Investing in systems and processes that grant you this visibility and training will help position generative AI as an aid for productivity in the workplace, and help mitigate data privacy concerns. Collaboration through these platforms, while boosting productivity, can inadvertently lead to the exposure of sensitive information.

Healthcare 52

Healthcare Cybersecurity Security Government 52