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. Decision-makers use this information to define the firm’s risk strategy.

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. Decision-makers use this information to define the firm’s risk strategy.

Risk Management 52

Risk Management Management Corporate Governance Audit 52

LogisManager

OCTOBER 16, 2023

Customer Value Story: Streamlining Audit Management Last Updated: October 16, 2023 A LogicManager customer in the banking industry, despite a small auditing team, faced challenges managing audit tasks efficiently using spreadsheets.

Audit 52

Audit Banking Management Strategic 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

LogisManager

OCTOBER 16, 2023

Customer Value Story: Streamlining Audit Management Last Updated: October 16, 2023 A LogicManager customer in the banking industry, despite a small auditing team, faced challenges managing audit tasks efficiently using spreadsheets.

Audit 52

Audit Banking Management Strategic 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

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

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

Solutions Review

SEPTEMBER 27, 2021

Description: AuditBoard is a cloud-based GRC offering that includes a suite of risk, audit, and compliance tools. With the platform, users can conduct internal audits, manage risks, optimize workflow efficiency, maintain SOX compliance, and manage controls. Fusion Risk Management.

Government 92

Government Audit Risk Management Hospitality 92

LogisManager

DECEMBER 5, 2023

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. Companies that prioritize risk management experience successful project completion and heightened productivity. Quality: Upholding high standards throughout.

Risk Management 103

Risk Management Audit Impact Analysis Evaluation 103

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

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. Factor analysis of information risk (FAIR) provides a common risk mitigation vocabulary to help you to address security practice weaknesses.

Risk Management 52

Risk Management Management Mitigation Strategic 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

everbridge

NOVEMBER 2, 2021

During severe weather emergencies, authorities, companies, and organizations will need to easily identify and communicate effectively with on-the-ground teams, any at-risk populations, first responders, transportation resources, and medical supplies. ACT – Take quick and decisive action to mitigate or eliminate the impact of a threat.

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Resilience Risk Reduction Management Command Center 142

LogisManager

SEPTEMBER 21, 2021

In the short term, this left room for human error, missed deadlines and failed audits. The arduous and time-consuming process was now further muddled by the communication hurdles of their newly virtual environment. Related Post: The Colonial Pipeline Hack: A Failure in Risk Management. Download our free guide to find out.

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Healthcare Audit Pandemic Risk Management 96

LogisManager

NOVEMBER 12, 2024

Effective governance requires more than compliance—it requires cohesion, consistent communication, and proactive preparation. Ask yourself: Do all teams understand and align with your risk management policies? Is there a unified approach to communicating compliance and risk strategies?

Corporate Governance 52

Corporate Governance Government Audit Risk Management 52

BMC

NOVEMBER 18, 2024

This is achieved by establishing a robust crisis communication channel, disaster recovery and risk management system. Cyber resilience is not just about preventing and defending against information security attacks, but also recovering rapidly from security infringements.

Security 97

Security Disaster Recovery Evaluation Cybersecurity 97

Reciprocity

OCTOBER 9, 2024

Usage Grows to Address IT Risk and Audits Business challenge: Manual processes were hindering visibility and efficiency around SOC and SOX compliance, with the CIO and Chief Accounting Officer pushing for improved insight. For example, the company’s SOX audit is run in multiple phases, each having upwards of 250 requests.

Audit 52

Audit Risk Management Application Vulnerability 52

Reciprocity

OCTOBER 9, 2024

Usage Grows to Address IT Risk and Audits Business challenge: Manual processes were hindering visibility and efficiency around SOC and SOX compliance, with the CIO and Chief Accounting Officer pushing for improved insight. For example, the company’s SOX audit is run in multiple phases, each having upwards of 250 requests.

Audit 52

Audit Risk Management Application Vulnerability 52

LogisManager

JANUARY 14, 2025

Automation can help make this process faster, reduce inefficiencies, and mitigate risksbut its important to approach it with a focus on risk. Risk managers know better than anyone how new tools can create vulnerabilities for the company. Why Use a Risk-Based Approach in Contract Management?

Management 52

Management Risk Management Mitigation Audit 52

Fusion Risk Management

JANUARY 27, 2022

Without a dynamic and interactive approach, contract management can be one of the trickiest parts of third-party risk management. Without things like firm guidelines and centralized storage, companies can face costly errors in third-party risk management.

Management 52

Management Audit Risk Management Authorization 52

Reciprocity

DECEMBER 27, 2022

GRC is an integrated approach to managing the organization’s governance, IT and security risks, and regulatory compliance functions. The three pillars of a GRC program are governance, risk management, and compliance. Risk Management. Automate Vendor Risk Management. Governance.

Government 52

Government Audit Risk Management Disaster Recovery 52

Pure Storage

AUGUST 12, 2024

A new “Govern” function that elevates the core objectives of accountability and transparency and emphasizes integrating cybersecurity into overall enterprise risk management rather than treating it as a stand-alone concern. This includes incident response planning, analysis, mitigation, and communication. Why NIST 2.0

Cybersecurity 52

Cybersecurity Audit Evaluation Authentication 52

BMC

DECEMBER 5, 2024

These frameworks offer philosophies and tangible paths forward to improve cost and resource management, measure risk, speed up customer service, and innovate analysis through predictive methods. ISACA stands for the Information Systems Audit and Control Association. What is ISACA? What are the benefits of COBIT?

Audit 52

Audit Government Technology Security 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. Risk assessment to evaluate risks associated with the various procedures and data sources used to produce the company’s financial reporting.

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. Risk assessment to evaluate risks associated with the various procedures and data sources used to produce the company’s financial reporting.

Audit 52

Audit Banking Authorization Activation 52

Fusion Risk Management

NOVEMBER 17, 2021

Training effectiveness can be as simple as creating questions in an online training format, or you can specify that internal audit will ask a sample of trainees questions about the content at a later time. Auditing and Monitoring – Build robust functions that differentiate between auditing and monitoring.

Technology 52

Technology Audit Government Communications 52

Reciprocity

SEPTEMBER 12, 2024

Risk is inseparable from the modern business landscape – and therefore, every company needs an effective risk management program to identify, assess, manage, and mitigate risk. But another critical element to risk management binds all those other components together: risk culture.

Risk Management 52

Risk Management Evaluation Strategic Audit 52

Reciprocity

DECEMBER 21, 2022

If using an ISO audit software tool to achieve ISO certification is on your compliance roadmap, here’s a quick primer to get you up to speed and jumpstart your ISO compliance efforts. The 27001 standard provides requirements for businesses to implement and operate an Information Security Management System, or ISMS.

Audit 52

Audit Accreditation Gap Analysis All-Hazards 52

LogisManager

DECEMBER 5, 2023

Risk assessment involves identifying, evaluating, and prioritizing potential risks, while management is the proactive handling of these risks. Companies that prioritize risk management experience successful project completion and heightened productivity. Quality: Upholding high standards throughout.

Risk Management 52

Risk Management Audit Impact Analysis Evaluation 52

Reciprocity

APRIL 4, 2022

GRC software solutions from the Reciprocity Product Suite make the complex task of cybersecurity much easier, as they: Streamline tasks; Measure and monitor compliance; Collect audit-trail evidence; and. A holistic view of the enterprise is essential to effective enterprise risk management. Streamlined Business Processes.

Audit 52

Audit Cybersecurity Risk Management Alert 52

Fusion Risk Management

JANUARY 5, 2023

Risk Management. To meet the DORA’s standards, firms must update their technology risk management governance. The updated framework requires firms to identify important business functions and dependent risks and map the TSP assets that run them. Supply Chain Management and Third-Party Risk.

Resilience 52

Resilience Financial Services Outsourcing Audit 52

Reciprocity

SEPTEMBER 12, 2024

Internal controls and risk management are not goals in and of themselves. Flaws in internal control can emerge when new initiatives are not coordinated with risk management principles. A proper risk assessment can help an organization to manage risks and improve decision-making. Control activities.

Audit 52

Audit Risk Management Mitigation Activation 52

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. Think audit costs are high?

Audit 52

Audit B2B Cybersecurity Capacity 52

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. Think audit costs are high?

Audit 52

Audit B2B Cybersecurity Capacity 52