Reciprocity

OCTOBER 8, 2024

That said, if your business is a service provider, you should consider investing in the technical audit required for a SOC 2 report anyway. SOC 2 audits were developed by the American Institute of Certified Public Accountants (AICPA) to provide assurance over a service provider’s cybersecurity controls. What Is SOC 2?

Audit 52

Audit B2B Capacity Cybersecurity 52

Reciprocity

MARCH 24, 2022

So what can your organization do to minimize the possibility of fraud and mitigate its potential harm? It serves as a benchmark to assess behaviors and hold employees accountable if they are non-compliant. Internal Audits. Solid internal audit procedures limit the risk of fraud. External Audits.

Audit 52

Audit Banking Activation Authorization 52

Castellan

DECEMBER 21, 2021

Now is the time to make a formal shift away from looking at terms such as business continuity, risk management, and operational resilience as just catch-phrases shared once a year in board packets or when an audit comes around. Have you benchmarked resilience across departments or locations or against industry peers? What was included?

Resilience 98

Resilience Pandemic Risk Management Business Continuity 98

LogisManager

DECEMBER 5, 2023

Utilizing risk management analytics, organizations can precisely measure risk exposures and implement strategies to mitigate them, ensuring a robust risk management framework. The RMM not only assesses ERM program maturity but also highlights gaps in risk coverage, providing actionable insights and benchmarking against industry standards.

Risk Management 52

Risk Management Audit Impact Analysis Evaluation 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. We all have software vendors.

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. We all have software vendors.

Risk Management 52

Risk Management Banking Evaluation Benchmark 52

Reciprocity

OCTOBER 7, 2024

This helps executives to reach informed decisions on how to mitigate the risks effectively. These controls are safeguards or countermeasures designed to mitigate identified risks to an acceptable level. Following this assessment, the organization must prioritize risks based on their potential impact and likelihood of occurrence.

Risk Management 52

Risk Management Risk Reduction Audit Evaluation 52

Reciprocity

OCTOBER 7, 2024

This helps executives to reach informed decisions on how to mitigate the risks effectively. These controls are safeguards or countermeasures designed to mitigate identified risks to an acceptable level. Following this assessment, the organization must prioritize risks based on their potential impact and likelihood of occurrence.

Risk Management 52

Risk Management Risk Reduction Audit Evaluation 52

LogisManager

OCTOBER 12, 2021

Once you have assessed these risks you will want to create a plan for risk mitigation and risk monitoring so that you are in control of potential threats. Audit Management: Making sure that every business area within your organization is stacking up and improving accordingly. Risk Management Step #3: Mitigate.

Risk Management 52

Risk Management Management Insurance Insurance 52

Advancing Analytics

JUNE 6, 2022

Data Scientists will be able to track experiments, models and parameters to allow them to benchmark performance against other models or return to previous models. You can learn about the different types of data drift and how to mitigate them in a previous blog. Another way is by utilising tools for experiment tracking such as MLFlow.

Evaluation 52

Evaluation Benchmark Insurance Insurance 52

Reciprocity

OCTOBER 9, 2024

How to prepare for a NIST Audit: Checklist What is a security impact analysis? Additionally, we’ve included links for deeper exploration and a practical guide to preparing for a NIST compliance audit. AU – Audit and Accountability: Keeping detailed logs to monitor and analyze actions that could affect security.

Cybersecurity 40

Cybersecurity Audit Risk Management Vulnerability 40

Reciprocity

OCTOBER 9, 2024

How to prepare for a NIST Audit: Checklist What is a security impact analysis? Additionally, we’ve included links for deeper exploration and a practical guide to preparing for a NIST compliance audit. AU – Audit and Accountability: Keeping detailed logs to monitor and analyze actions that could affect security.

Cybersecurity 40

Cybersecurity Audit Risk Management Vulnerability 40