Reciprocity

AUGUST 24, 2022

Not long ago, risk managers concerned themselves mainly with hazards such as fires and floods; or in the financial sector, loan defaults (credit risk). Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company.

Risk Management 52

Risk Management Audit Insurance Insurance 52

Reciprocity

AUGUST 15, 2022

The Federal Deposit Insurance Corp. Regular audits of the compliance program. Compliance Audit. Regarding IT infrastructure, the Consumer Financial Protection Bureau Supervision and Examination Manual expressly incorporates security requirements of the Gramm-Leach-Bliley Act (GLBA) and the Electronic Funds Transfer Act.

Management 52

Management Audit Banking Risk Management 52

Reciprocity

DECEMBER 19, 2022

Monitoring often incorporates audit requirements (either external or internal) as part of the regulatory or industry standard. Set up a mechanism for monitoring and auditing. To accomplish this, create a system of internal and external monitoring, including formal audits. Elements of a Strong Compliance Program.

Audit 52

Audit All-Hazards Gap Analysis Healthcare 52

LogisManager

MAY 9, 2023

These organizations use various parameters to categorize their vendors and partners, including the financial or regulatory impact that vendors can have on their organization. For example, SVB had a Moody’s A1 issuer rating and KPMG signed off on SVB’s bank’s audit just 14 days before it declared bankruptcy.

Banking 98

Banking Risk Management Management Corporate Governance 98

Reciprocity

NOVEMBER 5, 2021

ERM also has financial benefits. Not only can an integrated risk management program save you money by avoiding business disruptions; it can also help your accounting team come audit time. It also streamlines the audit process, so you can save time and money and improve audit outcomes. Monitoring.

Risk Management 52

Risk Management Management Audit Strategic 52

Reciprocity

JANUARY 12, 2023

Reciprocity’s ROAR Platform compliance and audit management solution leaves compliance-by-spreadsheet behind. Guides and checklists can only go so far if you’re still using old-fashioned spreadsheets to track your compliance efforts. Ask yourself: Do you want to work that hard?

Audit 98

Audit Fashion Publishing Financial Services 98

Reciprocity

AUGUST 18, 2022

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. Passing or sharing the risk via insurance, joint venture, or another arrangement.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

MAY 20, 2021

That’s why insurance premiums are increasing exponentially for those organizations that cannot provide evidence of an effective ERM program that has strong controls and a robust Incident Response program. Steven is a frequent speaker in the Energy , Financial Services and Cyber industries.

Risk Management 64

Risk Management Management Authentication Hospitality 64

Reciprocity

SEPTEMBER 30, 2022

And that suffering now extends far beyond the potential for Health Insurance Portability and Accountability Act ( HIPAA ) regulatory non-compliance brought on by lost or stolen data; instead, the breaches affect healthcare organizations’ capacity to function and pose a risk to patient safety.

Healthcare 52

Healthcare Management Vulnerability Risk Management 52

Reciprocity

MARCH 28, 2022

Your enterprise risk management (ERM) program – one that encompasses all aspects of risk management and risk response in all business processes, including cybersecurity, finance, human resources, risk management audit , privacy, compliance, and natural disasters – should involve strategic, high-level risk management decision-making.

Risk Management 52

Risk Management Management Mitigation Strategic 52

Reciprocity

APRIL 4, 2022

Here are some others: Financial risk. Audit risk. Instead of using spreadsheets for your risk management strategies, adopt Reciprocity ZenRisk to streamline evidence and audit management for all of your compliance frameworks. Workflow management features offer easy tracking, automated reminders, and audit trails.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

Fusion Risk Management

AUGUST 18, 2022

The regulation is intended to make compliance obligations less confusing and provide greater security for consumers by creating unified standards for third-party risk monitoring, performance, and auditing. . The DORA will apply to 20 distinct types of existing regulated financial entities. Enforcement of the DORA.

Resilience 52

Resilience Authorization Gap Analysis Risk Management 52

Reciprocity

APRIL 4, 2022

Workflow management features offer easy tracking, automated reminders, and audit trails. Templates guide you through the risk assessment process to help you understand your risk landscape and prioritize mitigation activities. Insightful reporting and dashboards provide visibility to gaps and high-risk areas.

Mitigation 52

Mitigation Malware Cybersecurity Media 52

Reciprocity

OCTOBER 1, 2022

Managing risk, compliance, and audit processes is complex and resource intensive. Without a centralized platform, audit cycles are longer, visibility into overall risk posture is lacking, and reporting is inefficient.

Government 52

Government Risk Management Internet Audit 52

Reciprocity

SEPTEMBER 23, 2022

GDPR and CCPA compliance require internal controls, technology safeguards, comprehensive audits, and documentation. ZenComply acts as a single source of truth so that all employees involved in GDPR and CCPA compliance can access the same documentation and reporting to support audits. ZenComply goes beyond checking the box.

Government 52

Government Audit Activation Application 52

Reciprocity

AUGUST 24, 2022

If your vendor needs to meet a compliance standard or regulation, check recent security audits to review how well it manages compliance with that standard. Criteria for Setting KPIs Include: Compliance requirements. Staff training.

Management 52

Management Risk Management Cybersecurity Strategic 52

Reciprocity

AUGUST 17, 2022

This comprehensive platform includes risk management, compliance, audit, and policy management capabilities to manage these critical tasks easily. Manage Strategic and Operational Risk Seamlessly with Reciprocity ZenRisk. To better manage your strategic and operational risk, rely on technology such as Reciprocity ZenRisk.

Strategic 52

Strategic Risk Management Mitigation Evaluation 52

Reciprocity

MARCH 24, 2022

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. External Audits. It is a single source of truth that ensures your organization is always audit-ready.

Audit 52

Audit Banking Activation Authorization 52

Solutions Review

JANUARY 25, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. If you work with a cyber insurance provider, ask them for your organization’s risk assessment report and how they can help you improve your cyber hygiene. Upholding good cyber hygiene.

Authentication 142

Authentication Cybersecurity Security Vulnerability 142

Solutions Review

FEBRUARY 1, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. If you work with a cyber insurance provider, ask them for your organization’s risk assessment report and how they can help you improve your cyber hygiene. Upholding good cyber hygiene.

Healthcare 59

Healthcare Security Cybersecurity Government 59

Solutions Review

JANUARY 28, 2024

This is likely to impact industries where transparency matters, such as healthcare, financial services, and insurance. If you work with a cyber insurance provider, ask them for your organization’s risk assessment report and how they can help you improve your cyber hygiene. Upholding good cyber hygiene.

Healthcare 52

Healthcare Security Cybersecurity Government 52