Audit Board

JANUARY 11, 2023

The frequency and severity of third-party breaches are on the rise: 90% of organizations were impacted by a supply chain cybersecurity breach in 2022. The current environment of heightened third-party software attacks and subsequent legislative response is elevating third-party risk management (TPRM) as an organizational priority.

Compliance 52

Compliance 52

Audit Board

NOVEMBER 8, 2023

Depending on the level of PCI DSS the company must comply with, which is largely based on the number of card transactions the company processses on an annual basis (with more transactions requiring more stringent compliance), an organization may need to undergo a formal third-party PCI DSS assessment performed by a Qualified Security Assessor (QSA).

Compliance 52

Compliance Start-ups Banking Technology 52

Audit Board

FEBRUARY 8, 2023

Most respondents said they are increasingly working with more third-party products and services. The overall average estimated number of third-party partners (including software vendors, IT service providers, business partners, brokers, subcontractors, contract manufacturers, distributors, agents, and resellers) among all respondents is 88.

Compliance 52

Compliance Technology 52

Audit Board

AUGUST 1, 2023

The SEC recently adopted their proposed rules, including those regarding Cybersecurity Risk Management on July 26, 2023. In general, IT Risk Management follows the same pattern of risk management practices, with a regular cycle of identifying, assessing, and monitoring risks. million.

Technology 52

Technology Start-ups Compliance Marketability 52

Audit Board

AUGUST 16, 2023

Risk management as a discipline has evolved to the point that there are now common subsets and branches of risk management programs, from enterprise risk management (ERM) , to cybersecurity risk management, to operational risk management (ORM) , to supply chain risk management (SCRM).

Start-ups 52

Start-ups Compliance Technology Specific Risk 52

Reynolds Holding

JULY 26, 2023

Although better than the proposal, this final cybersecurity disclosure rule continues to ignore both the limits to the SEC’s disclosure authority and the best interests of investors. 12] Once the SEC can peer into how all public companies handle cybersecurity, the temptation to micromanage their operations will only grow. [13]

Compliance 40

Compliance Corporate Finance Finance Marketability 40

Audit Board

MARCH 24, 2022

Risk management is the process of identifying, assessing, response, and monitoring of threats to a company’s overall position in the marketplace and — ultimately — their total earnings. It’s recommended that companies conduct fraud risk assessments , and review for both external and internal fraud. 4: Cyber Risk.

Start-ups 75

Start-ups Compliance Technology 75

Audit Board

AUGUST 8, 2023

In addition, many regulatory requirements and even other organizations mandate some kind of risk assessment or risk management process which an ERM program incorporates. A poorly defined or constructed operating structure brings potential risks related to meeting customers’ expectations and maintaining product quality.

Compliance 52

Compliance Start-ups Technology Marketability 52

ThomsonReuters

DECEMBER 17, 2020

All acknowledge that the scenario planning and modeling capabilities necessary to weather the Brexit storm will require a significant investment of time, resources, and technology, particularly in the expertise and software systems needed to analyze complex modern supply chains. Different product quotas. New tariffs and duties.

Compliance 52

Compliance Competitive Intelligence Technology 52

Harvard Corporate Governance

NOVEMBER 21, 2022

1] Although each company will need to assess its own material risks and tailor its risk factor disclosure to its unique circumstances, this alert provides a list of 10 key developments in Part I and four important drafting considerations in Part II that all public companies should consider as they update their risk factors.

Technology 248

Technology Marketability Compliance Finance 248

Audit Board

OCTOBER 2, 2023

But as companies take up more digital space, they increase their cyber footprint, and encounter more cybersecurity threats of different types. Faced with the conundrum of protecting organizations from cybersecurity risks while also staying within budget and remaining effective, cybersecurity risk management as an approach was born.

Technology 52

Technology Start-ups Data Analysis Compliance 52

ThomsonReuters

APRIL 6, 2021

This means understanding not just hardware and software, but also how to use advanced tools like artificial intelligence and analytics. Imagine a wellness product enterprise moving into medical cannabis. They need to know things like: What are the most appropriate key performance indicators (KPIs) to assess financial health?

Start-ups 64

Start-ups Compliance Technology Finance 64

Audit Board

DECEMBER 7, 2022

Where compliance can add great value is by understanding the first three, and the relevance of compliance to the business at large, and how things like IT, cybersecurity, are addressing risks in those most critical business processes. These three areas have a very specific focus when it comes to risk assessment.

Start-ups 52

Start-ups Compliance Specific Risk Technology 52

Reynolds Holding

JANUARY 31, 2023

With the widespread availability of cheap software that can generate quality deepfakes , that may be about to change. To prepare, companies should consider updating their cybersecurity programs and incident response plans to address corporate deepfakes, as well as consider running a tabletop to test those new protocols.

Start-ups 81

Start-ups Marketability Technology 81

Audit Board

JUNE 20, 2022

This year our team has taken on a number of new initiatives such as the HIPAA security risk assessment as well as NIST cybersecurity framework assessments.” - Kelly Rollins, IT Audit Manager at Ochsner Health . Take advantage of technology to streamline communication across teams and the business.

Start-ups 52

Start-ups Technology 52

Cooley M&A

FEBRUARY 1, 2024

billion, IBM’s acquisition of two businesses from Software AG for 2.3 billion euros, and Rocket Software’s acquisition of OpenText’s application modernization and connectivity business for $2.3 However, the mission-critical nature of cybersecurity products and services has bolstered average disclosed deal value in the middle market.

Equity 59

Equity Finance Marketability Start-ups 59

Audit Board

APRIL 10, 2022

General Services Administration (GSA) developed to standardize the assessment, authorization, and monitoring of cloud computing services used by federal agencies. . When you are strategizing about how to prevent cybersecurity breaches , FedRAMP can help you adopt some of the most rigorous security controls available. .

Compliance 52

Compliance Start-ups Technology 52

Audit Board

MARCH 31, 2023

Incorporating RSM’s subject matter expertise across supply chain, cybersecurity, third-party risk management, and more to build a strong internal audit program. Leading a new internal audit department, I knew I needed a strong partner in my audit solution for my overall risk assessment and risk monitoring process.

Start-ups 52

Start-ups Technology 52

Reynolds Holding

OCTOBER 5, 2022

On the other hand, cybersecurity filings, along with opioid and cannabis cases, are on pace to decrease significantly. Emergent also entered into agreements with J&J and AstraZeneca to support the mass production of their vaccines. 75): Citrix is a software company that provides digital workspaces to businesses. Citrix Sys.,

Start-ups 72

Start-ups Marketability Equity Compliance 72

Reynolds Holding

FEBRUARY 1, 2023

billion acquisition of Anaplan and $8 billion acquisition of Coupa Software. Further, the trends that support dealmaking—a desire to expand and diversify product offerings, drive growth, enhance efficiency, remain competitive and respond to innovation—remain just as present as ever. billion) and PS Business Parks ($7.6

Finance 45

Finance Equity Technology Banking 45

Reynolds Holding

MARCH 29, 2023

On March 2, 2023, the White House Office of the National Cyber Director (“ONCD”) released the Biden Administration’s (the “Administration”) long-awaited National Cybersecurity Strategy (the “Strategy”), the first since the Trump Administration’s strategy was issued in September 2018. Early reaction to the Strategy is largely favorable.

Technology 45

Technology Marketability Compliance Treasury 45