Risk Management

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ISO 27001 Requirements Checklist: Steps and Tips for Implementation

ISO 27001 enables organizations of any size to manage the security of assets such as employee information, financial information, intellectual property, employee details, and third-party information. ISO 27001 is primarily known for providing requirements for an information security management system (ISMS) and is part of a much larger set of information security standards. An ISMS is a standards-based approach to managing sensitive information to make sure it stays secure.

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Strategies for Digital Risk Protection

No lock has ever been invented that was completely secure. If an intruder really wants to get in, they usually can find a way. And yet, most of us wouldn’t leave the door to our home, office, or automobile open or unlocked overnight. Security isn’t perfect, but it can act as a deterrent, helping to keep us and our belongings safe. The same is true in the digital realm. Cybercriminals work around the clock to infiltrate our home and business networks.

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How to Adjust Business Continuity Plans for COVID-19

Your business continuity planning (BCP) and disaster recovery (DR) and response plans may not suffice for the COVID-19 pandemic—or for any pandemic. Let’s face it: Many organizations found themselves woefully unprepared to deal with the effects of the novel coronavirus’s rapid, devastating spread. Many are still struggling.

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What are the Benefits of a Security Risk Assessment?

Being an important part of cyber security practices, security risk assessment protects your organization from intruders, attackers and cyber criminals. In this article, we will discuss what it is and what benefits it offers. A significant portion of our business processes heavily rely on the Internet technologies. That is why cyber security is a very important practice for all organizations. Making up a crucial part of cyber security, security risk assessment is a topic that must not be overlooked.

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What Is Third-Party Risk Management?

Third-party risk management (TPRM) is the process of analyzing and minimizing risks associated with outsourcing to third-party vendors or service providers. This is commonly known as third-party risk or vendor risk and can include financial, environmental, reputational, and security risks due to a vendor's access to intellectual property, sensitive data, personally identifiable information (PII), and protected health information (PHI).

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How the COSO Framework Helps You Comply with SOX

In May 2013, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) released its updated Internal Control-Integrated Framework. COSO is an organization that aims to improve organizational performance and corporate governance through effective internal control, enterprise risk management, and fraud deterrence.

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What are the Elements of an Integrated Risk Management System?

Integrated risk management (IRM) is “a set of practices and processes supported by a risk-aware culture and enabling technologies that improve decision making and performance through an integrated view of how well an organization manages its unique set of risks,” according to research firm Gartner Inc.

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The Importance Of Cloud-based Security For Businesses

Cloud computing is the transmission of information technology services through the internet. Cloud computing is classified as public, private, or hybrid. These services are now popular with many businesses and governments, hence the need for security measures to ensure data safety and applications in the cloud. Cloud-based security involves the technology and series of procedures implemented to protect cloud computing environments from cybersecurity threats. This form of protection is necessary for small businesses, medium-sized corporations, and large organizations. Here are some of the crucial benefits of cloud-based security.
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5 Strategies to Mitigate Business Risk During Coronavirus

Business risk in the United States may be higher during the novel coronavirus pandemic than at any time in our generation, making risk management a must. What are your strategies for risk mitigation—not only in your enterprise but up and down your supply chain—amidst COVID-19 disease outbreaks? Business interruption is a growing concern right now.