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Best Practices for Data Loss Prevention
Organizations move their operations to digital ecosystems all the time — and then promptly encounter various vulnerabilities that risk your data being breached, leaked, or stolen. It’s a fact of modern business life. Data loss prevention (DLP) is a set of technologies and tools that detect and prevent data breaches, exfiltration, and other unwanted tampering […]
January 27, 2022
Cybersecurity and Natural Disasters: How Mother Nature Affects Cyber Risk
It’s not easy to prepare for the natural disasters that might happen and devastate your business. Still, just as civil defense teams prepare for hurricanes, floods, heat waves and other adverse natural events, businesses need to develop a solid plan to confront the same. Indeed, businesses are most vulnerable to cyber attacks during natural disasters, […]
What are GAAP Internal Controls?
U.S. Generally Accepted Accounting principles (GAAP) are the set of financial reporting standards that businesses in the United States are expected to follow (and that publicly traded companies must follow, as required by law). The Financial Accounting Standards Board (FASB) is the body that develops and adopts GAAP as necessary. Internal controls are the policies, […]
Tags: Financial Services, Risk Management
January 24, 2022
The Unified Compliance Framework vs. the Secure Controls Framework: What’s right for your organization?
By Dave Schmoeller When it comes to reducing risk, the key lies in making it simple to manage compliance. In doing so, you can improve your ability to execute the controls that mitigate risk. But compliance isn’t just about checking boxes and doing the minimum; it’s about seeking out opportunities to reduce your risk, which […]
Tags: Compliance, GRC, Risk Management
January 20, 2022
Risk Intellect: Bridging the Gap Between Compliance and Risk
By Rob Ellis, SVP of Product Strategy at Reciprocity There’s a refrain I hear more and more often when I talk to compliance people in organizations across industries: “We need to move beyond compliance. It just isn’t enough on its own.” They tell me that the rapid pace of change, unrelenting barrage of cyber crimes […]
Tags: Risk Management
What is a Cybersecurity Audit?
2021 brought relentless news of new cybersecurity threats somewhere in the world. The Colonial Pipeline attack By Russian hacker group, DarkSide, disrupted fuel distribution and disabled a supply chain that was already hobbled by COVID. The IT company Kaseya was hit by a ransomware attack that locked customers in 17 countries out of its online […]
January 18, 2022
How to Approach Inherent and Residual Risk
A GUIDE TO UNDERSTANDING THE VARIOUS RISKS FACING YOUR ORGANIZATION Organizations face risks related to their operations every day, whether it be from cloud computing software, information security, or third-party relationships. With increasing regulation to match the rate of emerging risks, risk management has become mission-critical to the sustainability of enterprise organizations. To implement a […]
January 14, 2022
What Are BlackMatter Ransomware Attacks?
Following the 2021 cyberattack on Colonial Pipeline that caused a nationwide supply-chain disruption, numerous cybersecurity companies and federal agencies increased their efforts to find and shut down ransomware groups and curb the rise of cyberattacks. Those efforts have resulted in the shutdown of ransomware-as-a-Service (RaaS) groups such as DarkSide and REvil, which had been targeting […]
Key Elements of a Strong Risk Culture
Risk culture is the set of shared beliefs, attitudes, and understanding among a group, usually in a corporate environment, about risk and risk management practices. A company has a strong risk culture when all employees understand the business and regulatory landscape in which the organization functions, and what risks are acceptable within that landscape to […]
January 13, 2022
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