Issue Management – Corrective Actions & Monitoring

The processes described in the previous articles aim to provide a structured and systematic approach to managing organizational risks. Once the baseline of these procedures is implemented, your organization will gain clarity and have an accurate understanding of issues. This will provide the necessary information to make informed decisions on how to mitigate, or even Read more…

Product Update | April 2022

In this update, we added new features and integrations to help shorten the vendor due diligence processes, increase compliance and risk visibility, and enhance record and user management. Added Third-Party Vendor Assessment Integrations We’re excited to announce the addition of two new third-party vendor assessment integrations with RiskRecon and SecurityScorecard. You’ll have seamless access to Read more…

Issue Management – Issue Ownership & Workflows

In the third installment of this series, we will further evaluate the importance of assigning ownership, how it accelerates issue resolution, and provide some examples of assessment methodologies and how they can help deliver a secure business environment Assigning issue ownership Assessment methodologies Prioritizing resolutions The core objective of this article will empower you to Read more…

Issue Management – Building Registers

Having previously discussed the relevance of an issue management program, this article will speak to the importance of documenting issues and how you can include essential details in your register. We highlight the different types of registers, essential register elements, and how to build them. Registers for Issue Management To best evaluate, analyze, and resolve Read more…

Issue Management – Categorization & Identification

Every business faces the risk of unexpected, harmful events that can cost the company, damage its reputation, and cause it to lose important clients. Issue management gives organizations an opportunity to proactively prepare for the unexpected by minimizing potential risks and resolving issues before they escalate. This all begins with effective Issue categorization and Identification. Read more…

Information Security Compliance and the Blockchain

Over the years, various information security standards have been published across a multitude of industries to protect consumers, organizations, and their assets from breaches and cyberattacks. Complying with regulations and frameworks has become the cost of entry. This is becoming increasingly true for cryptocurrency and blockchain-based companies as well. Risk Management & Compliance The concept Read more…

Fighting Fraud Risk With GRC Software

Fraud is an intentional action to either gain something unlawfully or deprive someone of their legal right by the incorrect portrayal of facts. There are several reasons why individuals or companies may commit or intend to commit fraud. The end result is typically to attain monetary or valuable assets. From attempting to gain new clients/investors Read more…

Improving Security With User Access Reviews

Human touch can be the most vulnerable element of IT systems. When infiltrating an organization’s systems, the hackers are often on the lookout for the lowest hanging fruit, trying to find the weakest link into the system. And the human element of any organization or business can be just that.   You can have controls and security measures worth Read more…

Inherent vs. Residual Risk, and How To Manage Them

In recent years, organizations have spent a tremendous amount of effort shifting to the cloud, improving their digital infrastructures, and making data more accessible. The pandemic has fast-tracked the shift to working from home, which has increased the use of cloud data storage. This shift has exposed organizations to new threats and magnified existing inherent Read more…