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Crisis Management Explained: A Comprehensive Guide

Bernstein Crisis Management

Key activities in this stage include: Debriefing and evaluation: Reviewing the organization’s response to the crisis, identifying lessons learned, and evaluating the effectiveness of the crisis management plan. Externally Caused Crises These crises are triggered by external forces beyond the organization’s control.

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Macy’s $154M Lesson: Why Every Company Needs Separation of Duties

LogisManager

Third Line : Internal audit independently tests and validates that SoD and related controls are effective, reporting to senior leadership and the board. Macys case illustrates the broader risk that governance breakdowns pose to market trust and reinforces the need for companies to continuously maintain and test their control environments.

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What Is an Audit of Internal Control Over Financial Reporting?

Reciprocity

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.

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6 Ways Big Data Analytics Can Drive Down Costs

Pure Storage

From marketing strategies to customer service, properly leveraging analytics and swaths of data can help organizations glean better insights to cut down on operational costs and increase revenue. Here are six ways organizations can use big data to drive down costs: Create Targeted Opportunities for Marketing Campaigns.

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Maximizing Workplace Productivity With A Year-End Tech Refresh

LAN Infotech

Year-End Action: Evaluate your current collaboration tools and ensure they’re up-to-date and well-integrated for seamless team interactions in the New Year. Data analytics and business intelligence tools help you collect and analyze data to gain insights into operations, customer behavior and market trends.

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What is COBIT? COBIT Explained

BMC

It was first introduced by the Information Systems Audit and Control Association (ISACA) in 1996, and has gone through many rounds of development since. ISACA stands for the Information Systems Audit and Control Association. These frameworks aim to make it easier for enterprises to undergo and pass regulatory audits.

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Cybersecurity Leadership: The Complete Guide to Building and Leading an Effective Security Team

Pure Storage

Risk Management and Assessment Leaders must evaluate potential risks to the organization and prioritize resources to mitigate them. Develop a competitive hiring strategy The cybersecurity job market is competitive, with a significant skills gap. This ability directly influences how quickly a company can recover from cyberattacks.