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Treat Your IT Risk Assessment as More Than a Checkbox Exercise

Audit Board

To facilitate this, it is important to have a continuous framework in place that can be easily repeated on a periodic or ad-hoc basis. . With AuditBoard’s IT risk management solution , you can control IT risk while focusing on company goals to better enable security and compliance teams and drive strategic decision-making.

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8 Keys to Success When Performing Gap and Readiness Assessments

Audit Board

A lightweight gap assessment helps a business estimate how much effort it will take to comply with a framework or requirement. . A readiness assessment is a full analysis of the business environment, performed after the business has made the commitment to comply with a framework. Selecting a Robust Baseline Framework .

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A Comprehensive Look at the NIST Cybersecurity Framework

Audit Board

This article will discuss NIST in detail, focusing on the NIST Cybersecurity Framework , or NIST CSF. When implemented effectively, the NIST CSF provides a well-constructed foundation and framework for a successful cybersecurity program, designed to meet modern threats. HIPAA notices go out with alarming frequency.

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Conducting Cybersecurity Risk Assessments Guide: The Complete Introduction

Audit Board

Cybersecurity risk assessments are a means for organizations to assess risks to their information assets and are a core requirement of most cybersecurity frameworks. However, specific guidance on how to conduct these assessments is typically not included in framework requirements. Risks Versus Vulnerabilities and Issues.

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Integrate ICFR and Build Confidence in Your Financial Statements

Audit Board

Five Components of the COSO Framework for Internal Controls COSO — which stands for Committee of Sponsoring Organizations of the Treadway Commission — was sponsored by five major professional associations based in the US. Individual accountability for internal control responsibilities.

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Vendor Risk Management Best Practices

Audit Board

The breach of Kaseya , a Managed Service Provider (MSP) offering remote IT operations solutions and management, had a downstream impact on the customers using their technology and services. The recent MOVEit attacks were able to impact well-known brands like the BBC, British Airways, and even the Big Four accounting firms.

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Building a Privacy Program: Tips and Tools

Audit Board

A privacy framework is an important tool in determining privacy requirements, identifying privacy risk areas, and learning to manage that risk while also meeting compliance. The next section has more details on privacy framework tools and goals — there are multiple options that may be useful to your business. 6: Implement Plan .