Audit Board

NOVEMBER 8, 2022

This highlights the importance of incorporating a continuous monitoring approach. . NIST defines continuous monitoring as: “Maintaining ongoing awareness of information security, vulnerabilities, and threats to support organizational risk management decisions.” Track metrics to ensure continued success.

Compliance 52

Compliance Start-ups Technology Marketability 52

Audit Board

JANUARY 4, 2023

“The most successful companies have a simple process in place to capture the root cause of issues, establish corrective action plans, [and] continually focus on improving the GRC environment,” a PwC study of IT risk programs states. Implement a Common Control Set Aligned With Key IT Risks.

Compliance 98

Compliance Technology 98

Audit Board

MAY 30, 2023

AuditBoard and RSM’s new ebook, Third-Party Risk Management: Trends and Strategies to Help You Stay Ahead of the Curve, translates current TPRM trends and lessons learned into actionable ideas to help your organization identify, reduce, and monitor of third-party risk.

Compliance 52

Compliance 52

Audit Board

MARCH 22, 2023

Monitoring Management will produce bi-weekly reporting to present turnover, hiring, succession planning, and retention efforts. Integrating Governance Frameworks Organizations have to monitor and comply with many frameworks. Keeping the requirements updated, tested, and monitored is a huge undertaking.

Compliance 52

Compliance Treasury Technology Finance 52

Audit Board

SEPTEMBER 14, 2023

Vendor risk management encompasses all the processes and systems involved with managing vendor risk , from vendor selection and due diligence, through procurement and onboarding, to ongoing monitoring and ultimately offboarding, should that be necessary. Their cessation of operation can have a large impact on your organization’s operations.

Compliance 52

Compliance Start-ups Accounting Firms Technology 52

Audit Board

SEPTEMBER 21, 2023

However, by putting mitigation strategies in place to limit operational risk to an acceptable risk tolerance threshold, companies can continue to thrive in spite of any residual risk. Each risk, regardless of treatment method, requires some kind of action plan — even if that action plan is “Continue and accept the risk.”

Market Risk 52

Market Risk Start-ups Marketability Compliance 52

Audit Board

AUGUST 16, 2023

Companies that adopt and continuously improve their risk management programs can reap the benefits of improved decision-making, a higher probability of reaching goals and business objectives, and an augmented security posture. Each year, leadership should re-evaluate their resource allocation as part of annual risk lifecycle practices.

Start-ups 52

Start-ups Compliance Technology Specific Risk 52