Blog
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What is Cybersecurity Automation?
Conventional cybersecurity management solutions are becoming outdated, unable to handle the exponential growth of sophisticated security threats. Plus, financial and talent constraints impede the ability of security teams to expand. Given those difficult circumstances, how can security teams improve their capacity to minimize data breaches even amid today’s increasingly complex attack surfaces? Enter cybersecurity automation. In this article you’ll learn why cybersecurity automation is important, different types […]
Tags: Cybersecurity
September 25, 2024
Risk Management Process For Insurance Companies
Insurance companies know how to protect their clients’ homes, cars, and businesses. But protecting those customers’ personal information is a bit harder to ensure. While the insurance industry focuses on risk-based analyses for its underwriting programs, firms must also apply those same risk management processes to securing customer information. What Are the Different Types of […]
Tags: Insurance, Risk Management
Important Disaster Recovery Scenarios to Test
However safe and resilient your company’s operations might be, there’s always the chance that something will occur to interrupt business operations. Hence, every company should have a disaster recovery plan that maps out how to respond to a disaster so that the company can return to normal operations as soon as possible. That said, companies need to do more […]
Tags: GRC
What is Cybersecurity Architecture and Why is it Important?
Cybersecurity threats abound, and the pace of cybersecurity attacks is increasing steadily year after year. At the same time, consumers are also becoming more aware of cybersecurity harms, and demanding better performance from the companies with which they do business. Regulators hear that sentiment from consumers too, and are responding with ever more stringent rules […]
Tags: NIST
Security Misconfigurations: Definition, Causes, and Avoidance Strategies
Misconfigured security settings can be disastrous for a company’s cybersecurity. In 2019, for example, a researcher discovered a security misconfiguration in the popular project management tool Atlassian JIRA that allowed him to access a vast amount of confidential data from companies that used JIRA. Unfortunately, Atlassian’s error is all too common. Configuration errors were responsible for almost […]
What is the Importance of Internal Controls in Corporate Governance Mechanisms?
At the core of business management are the rules, practices and processes that define how your organization is directed, operated and controlled. This system, known as corporate governance, is aimed at creating more ethical business practices by aligning the interest of your organization’s stakeholders. In today’s business environment, the more ethical-and transparent-your organization is about […]
Tags: Risk Management
5 Step Risk Management Process
At its core, risk management is about identifying risks and guarding against them. It gives organizations a plan of action to determine which risks are worth taking and which aren’t, to assure better outcomes for their bottom lines. This post will outline the five steps of risk management, which you can use to protect your […]
Tags: Risk Management
Guide to COSO Framework and Compliance
Intro The Committee of Sponsoring Organizations of the Treadway Commission’s (COSO) framework for internal business controls helps organizations ensure that their financial statements are accurate, their assets and stakeholders are protected from fraud, and their operations are running efficiently and effectively. Its guidance encompasses the entire organization, from auditing to IT. COSO also helps organizations […]
Tags: Audit Management, Compliance, COSO
What Are the Key Risk Indicators for Banks?
Banks around the world have high-risk exposure from various sources. As we all learned from the financial crisis in 2008, risks in the financial industry can have a massive impact on the worldwide economy. To monitor against those threats, banks need to employ key risk indicators. A key risk indicator (KRI) is a metric that monitors the […]
Tags: Financial Services, Risk Management
September 24, 2024
Checklist for Third-Party Risk Assessments
Amid escalating data breaches and supply chain attacks, businesses are placing an unprecedented emphasis on third-party risk management. That’s a logical and prudent idea, but achieving this level of security requires a comprehensive approach — which makes a checklist for third-party risk assessment indispensable. In this article, we’ll explore what that checklist for third-party risk […]
Tags: NIST, Third-Party Management
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