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. Training and supervision are also risk management and mitigation activities.

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. Training and supervision are also risk management and mitigation activities.

Risk Management 52

Risk Management Management Corporate Governance Audit 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.

Risk Management 103

Risk Management Audit Impact Analysis Evaluation 103

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

LogisManager

OCTOBER 19, 2023

Additionally, there will be an over-arching requirement for these banks to adopt the 3 Lines of Defense Risk Management Strategy. What Changes Can Banks Expect When delving into some of the specific changes banks can expect to see, the frequency of risk appetite statements will come into focus.

Banking 98

Banking Corporate Governance Audit Risk Management 98

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

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

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

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. Additional important ERM components are risk philosophy or strategy, risk culture, and risk appetite. Two ERM Must-Haves.

Risk Management 52

Risk Management Management Mitigation Strategic 52

LogisManager

OCTOBER 12, 2021

What Is Risk Management? The world will always be filled with uncertainty and with uncertainty inevitably comes risk. Risk management, in its simplest form, is assessing the possibility of something bad happening; i.e. “If I take this action, will it result negatively?”. What Is Risk Management?

Risk Management 52

Risk Management Management Insurance Insurance 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

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

MAY 20, 2021

Colonial Pipeline Hack: Failure in Risk Management. With strong Enterprise Risk Management (ERM), nearly 100% of all liabilities can be avoided. ERM fosters effective governance programs that identify and prevent system misconfigurations, poor patch management practices and weak password management.

Risk Management 64

Risk Management Management Authentication Hospitality 64

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

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

MARCH 24, 2022

Vendor risk management (VRM), a part of vendor management, is the process of identifying, analyzing, monitoring, and mitigating the risks that third-party vendors might pose to your organization. Third-party risk management begins with due diligence before signing a contract, as with any risk management program.

Risk Management 52

Risk Management Management Audit Cybersecurity 52

Reciprocity

APRIL 4, 2022

Although people often use the words “assess” and “analyze” interchangeably, the terms are not synonymous in risk management. A risk assessment forms the backbone of your overall risk management plan. Security risks aren’t the only type of risk that organizations face.

All-Hazards 95

All-Hazards Mitigation Risk Management Hazard 95

LogisManager

SEPTEMBER 24, 2021

From the perspective of our Product team, the challenges of risk and compliance professionals are at the forefront. This collaborative group of developers, designers, lawyers and risk managers uses those insights, along with rigorous R&D, to inform the way LogicManager works. Bonus Material: Free Risk Assessment Template.

Risk Management 104

Risk Management Audit Evaluation Healthcare 104

Reciprocity

OCTOBER 8, 2024

Risk management is arguably the most effective way to navigate uncertain circumstances. That said, not everyone can handle the time and resource commitments associated with traditional risk management processes. If this is you, building an automated risk management program may be the wiser course.

Risk Management 52

Risk Management Cybersecurity Management Alert 52

Reciprocity

OCTOBER 8, 2024

Risk management is arguably the most effective way to navigate uncertain circumstances. That said, not everyone can handle the time and resource commitments associated with traditional risk management processes. If this is you, building an automated risk management program may be the wiser course.

Risk Management 52

Risk Management Cybersecurity Management Alert 52

LogisManager

JANUARY 4, 2022

Risk Management Approach for an Organization? There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. What is Integrated Risk Management?

Risk Management 52

Risk Management Management Activation Government 52

Castellan

AUGUST 24, 2022

While attacks like SolarWinds help bring awareness to security risks associated with supply chains, most organizations still have a lot of ground to make up for supply chain risk assessments and risk management. It’s a challenge further heightened by a constantly evolving and expanding risk landscape as well.

Risk Management 52

Risk Management Management Audit Resilience 52

LogisManager

JULY 11, 2023

Conduct a Data Audit: Perform a comprehensive audit of the data your company collects, processes, stores, and shares. This audit will help you assess compliance gaps and develop strategies to address them. Familiarize yourself with the specific requirements and obligations imposed by these laws.

Audit 96

Audit Risk Management Mitigation Management 96

LogisManager

SEPTEMBER 21, 2021

Managers completed thousands of reviews at a time, one by one, and relied strictly on memory for completing them on time. In the short term, this left room for human error, missed deadlines and failed audits. Related Post: The Colonial Pipeline Hack: A Failure in Risk Management. Download our free guide to find out.

Healthcare 96

Healthcare Audit Pandemic Risk Management 96

everbridge

NOVEMBER 2, 2021

As leaders begin making plans for the future, it is imperative to not only focus on hitting targets such as reduced emissions, curtailed deforestation, and investment in renewables, but also proactively mitigate disasters on the path toward a greener world. ACT – Take quick and decisive action to mitigate or eliminate the impact of a threat.

Resilience 142

Resilience Risk Reduction Management Command Center 142

Reciprocity

OCTOBER 1, 2022

Protecting your corporate website as an enterprise risk management strategy can keep your data, customers, sensitive information, and reputation safe. Engage security experts with the know how to perform security audits after you believe your website is secure. Tighten Network Security. Monitoring Software.

Risk Management 52

Risk Management Management Vulnerability Malware 52

Solutions Review

SEPTEMBER 8, 2023

As such, the key to mitigating (and ideally neutralizing) that threat is to secure data in storage and backup. Two-thirds say securing backups and storage was addressed in recent external audits. What level of auditing do we expect? Ongoing risk management Storage and backup security demands active, ongoing risk management.

Financial Services 105

Financial Services Security Backup Audit 105

LogisManager

JANUARY 14, 2025

For risk managers, onboarding is more than just welcoming new team members it’s about ensuring everyone understands compliance while preventing business risks. Risk managers can use automation to train new employees without increasing security risks. Your team information is audit-ready at all times.

Audit 52

Audit Risk Management Security Vulnerability 52

LogisManager

AUGUST 28, 2024

Twelve redesigned reports specifically tailored for Enterprise Risk Management, Third Party Risk Management, and Internal Audit. These reports seamlessly integrate with our Solution Packages, ensuring a cohesive experience across all your risk management activities. The result?

Audit 52

Audit Risk Management Mitigation Publishing 52

LogisManager

DECEMBER 6, 2021

Work Smarter, Not Harder with Our AI Risk Management Tool We’re now offering AI generated insights for existing clients at no additional cost. LogicManager’s “Taxonomy Insights” automatically suggests mitigations and regulations to save you valuable time and resources. See a star symbol in your mitigation panel?

Mitigation 59

Mitigation Audit Strategic Risk Management 59

everbridge

AUGUST 26, 2021

So, how might other organizations improve their own flood risk management? According to David Shillingford, Chief Strategy Officer at Everstream Analytics , businesses that are leading the charge in this field: Evaluate any and all risks.

Mitigation 52

Mitigation Logistics Risk Reduction Retail 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. Governance. Compliance. What Are the Benefits of Using a GRC Tool?

Government 52

Government Audit Risk Management Disaster Recovery 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

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.

Risk Management 52

Risk Management Audit Impact Analysis Evaluation 52

MHA Consulting

JULY 20, 2023

Data Retention and Management In setting policies that control where and how long to retain data, it’s important to balance the needs of regulatory requirements, business advantage, data storage costs, and the risks associated with possessing the data.

Government 94

Government Media Risk Management Consulting 94

LogisManager

DECEMBER 20, 2021

LOGICMANAGER’S Risk-Based Approach Taking a risk-based approach to running a business means preparing for tomorrow’s surprises today – within all areas of your organization. LogicManager is an enterprise risk management (ERM) platform, which means we help you do just that. LEARN MORE Mitigate.

Audit 52

Audit Benchmark Mitigation Evaluation 52