A Starter’s Guide To Strategic Risk Management
James Lam Associates, a consulting firm for risk management that works closely with CISOs, CROs, CFOs, and CEOs, conducted a study on the principal reason organizations suffer financial distress. The research found that 61% of incidents were due to strategic risks, 30% to operational risks, and 9% to financial risks. In spite of such high…
Jul 22, 2024
IT GRC (Governance, Risk, & Compliance) For Scaling Businesses
Investment in IT increases as businesses expand and scale, with funding to support strategic goals. With it, the focus on practices like data analytics, building a cloud infrastructure, and improving cybersecurity measures increases to keep up with the growing technology demand. GRC plays a crucial role in supporting this investment by ensuring sustainable growth and…
Jul 22, 2024
FISMA Requirements: List of Official Mandates and Practices
The Federal Information Security Management Act (FISMA) is a United States law that came into effect in 2002. Its goal is to guide federal agencies handling sensitive government information systems to develop, document, implement, and maintain security programs that protect their information systems. FISMA also focuses on developing risk-based policy for cost-effective security. In this…
Jul 10, 2024
The Ultimate FedRAMP Requirements Checklist
For those thinking a FedRAMP certification is easy, think again. It isn’t something security teams can handle alone. Moreover, it has a telling impact on a lot of functions, so the overarching scope shouldn’t be underestimated. The FedRAMP framework is an exercise that engages your entire organization. Despite the common misconception, it isn’t limited to…
Jul 10, 2024
Creating A Data Classification Policy With Examples & Free Template
Organizations today handle large amounts of data on a daily basis. It ranges from sensitive customer details to public information. The absence of a structured way to manage this data poses various threats like data breaches, cyber-attacks, data loss, etc. This lack of structure can lead to critical data being under-protected and non-sensitive data being…
Jul 09, 2024