Remove Corporate Governance Remove Evaluation Remove Security
article thumbnail

World Backup Day Quotes from Experts for 2025

Solutions Review

Whether you’re safeguarding cloud workloads or securing petabytes of mission-critical data, the wisdom shared here is designed to inform, inspire, and elevate your data resilience strategy. Secure backup copies: Store backups safely in a secured, climate-controlled environment and comply with retention period guidelines.

Backup 59
article thumbnail

What is COBIT? COBIT Explained

BMC

COBIT is one such best practice framework, but its scope is unique from most frameworks in that it focuses narrowly on security, risk management, and governance. Short for Control Objectives for Information and Related Technologies, COBIT was first developed to guide IT governance and management. What are the benefits of COBIT?

Audit 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Strategic Risk Management

LogisManager

Strategic Risk Management Last Updated: December 19, 2023 Strategic Risk Management (SRM) is integral to navigating the complexities of today’s business landscape and securing long-term objectives. Understanding and managing strategic risks align with the broader goal of effective governance, particularly at the board level.

Strategic 105
article thumbnail

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

LogisManager

Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. They evaluate their vendor and partner communities to identify the third parties they depend on the most and map them to the business risks, controls, and testing that rely on them. Imagine the contagion there.

Banking 98
article thumbnail

The Relationship Between Internal Controls and Internal Audits

Reciprocity

Examples of control activities include: Inventory counts Physical security Segregation of duties Enforcing purchasing limits Enforcing multiple authorizations for transactions above a certain amount Risk Assessment Ongoing risk assessment is a critical component of the controls ecosystem. What Are Internal Audits?

Audit 52
article thumbnail

The Relationship Between Internal Controls and Internal Audits

Reciprocity

Examples of control activities include: Inventory counts Physical security Segregation of duties Enforcing purchasing limits Enforcing multiple authorizations for transactions above a certain amount Risk Assessment Ongoing risk assessment is a critical component of the controls ecosystem. What Are Internal Audits?

Audit 52
article thumbnail

What Is ESG? [Complete Guide]

LogisManager

ESG stands for Environmental, Social and Governance: three areas that house distinct sets of criteria, but together make up a set of criteria that demonstrates an organization’s dedication to helping the greater good. Social criteria examine diversity, equity and inclusion, labor management, data privacy and security and community relations.