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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

LogisManager

Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. Failing to implement an ERM program under these circumstances is negligence.

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The Best Governance, Risk, and Compliance Software to Consider

Solutions Review

Solutions Review’s listing of the best governance, risk, and compliance software is an annual mashup of products that best represent current market conditions, according to the crowd. Enablon also allows users to establish, manage, and track Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs) to better meet objectives.

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Top Board Governance Models

LogisManager

New risks arise every day, and board members and management are responsible for effectively identifying, assessing, managing and monitoring risks. It’s crucial for organizations to have robust risk management strategies in place to respond to these challenges and protect their long-term interests.

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The Relationship Between Internal Controls and Internal Audits

Reciprocity

It incorporates multiple elements, such as: Management philosophy Technical competence of employees Behavioral and ethical values Assignment of authority and responsibility How people are organized, managed, and developed The control environment also sets the “tone from the top” that guides the rest of the enterprise.

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The Relationship Between Internal Controls and Internal Audits

Reciprocity

It incorporates multiple elements, such as: Management philosophy Technical competence of employees Behavioral and ethical values Assignment of authority and responsibility How people are organized, managed, and developed The control environment also sets the “tone from the top” that guides the rest of the enterprise.

Audit 52
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Looking Around the Corner: Why ESG Has Never Been More Important

LogisManager

Keep reading to learn why ESG has become more important than ever, why companies should care about it, the challenges businesses are facing when it comes to ESG (and how to address those challenges) and ultimately why taking an Enterprise Risk Management approach to implementing and managing your ESG strategy is critical for success.

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Audit Checklist for SOC 2

Reciprocity

The scope of your SOC 2 audit typically addresses infrastructure, software, data, risk management, procedures, and people. Processing integrity: System processing is complete, valid, accurate, timely, and authorized to meet your service organization’s objectives. Vendor management programs. Regulatory oversight.

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