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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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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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The Continuous Monitoring Lifecycle: 7 Steps for Building a Strong Foundation

Audit Board

Baseline against a robust framework. Frameworks like NIST Cybersecurity Framework, NIST 800-53, and ISO 27001 can help you gain coverage over a wide variety of areas. The NIST and ISO frameworks are commonly regarded by the IT security industry as “best practice” baseline frameworks. .

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Enterprise Risk Management (ERM) Fundamentals

Audit Board

Over time, and around the turn of the century, risk practices took center stage along with increased focus on internal controls and a proliferation of risk management frameworks (RMFs). Other frameworks have varying components, though they follow similar themes. What Are the Different ERM Frameworks?

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Expert Insights: Leveraging NIST to Its Fullest Potential

Audit Board

Understand the fundamentals of NIST Discuss common pitfalls when implementing the NIST framework Implement best practices for utilizing the CSF Apply best practices for reporting to the board and investors Watch the full conversation, and read the can’t-miss highlights below. NIST explicitly states that it’s not a security framework.

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Essentials of IT Risk Management: Protect Your Organization from Cyber Threats

Audit Board

Organizations may want to invest in an integrated risk management solution to streamline risk processes and include even more valuable data in their risk analysis. Frameworks and professional associations can help here too. This is required by some compliance frameworks and is a solid best practice.

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Effectively Managing Risk Across Your Organization: 3 Key Strategies

Audit Board

Integrating Governance Frameworks Organizations have to monitor and comply with many frameworks. Within an IT function alone, there are laws and regulations to follow and standards like NIST, SOC, ISO, SOX, PCI, COBIT, and others that all require simultaneous compliance.