SOC 2 Type ll Compliance (How to Achieve it Faster)
In 2021, security attacks spiked by 31% compared to the previous year. With the number of attacks going higher every year, businesses don’t have the confidence to partner unless you demonstrate that you can protect sensitive data. One way to ensure this is using a SOC 2 Type II report. Why do you need SOC…
Sep 18, 2024
List of Data Security Standards – Steps to choose one
Data security is the top concern for all organizations. Businesses are collecting and processing more data than ever before. As a result, data breaches are on the rise as well. While 45% of breaches were due to external malicious activities, 22% were credited to casual errors within the organization. That percentage is a lot of…
Sep 18, 2024
Tips to Avoid Consequences of Non-Compliance
According to GlobalSCAPE, the average price of noncompliance is 2.71 times higher than that of compliance. The consequences of noncompliance have become a significant concern today. Failing to adhere to cyber security can go beyond reputational damage and can have devastating repercussions for your business. If you’re a business owner, understanding these consequences is not…
Sep 17, 2024
COSO ERM: Key Components Explained
In March 2024, cloud service giant Microsoft had their head hung in shame after the Cyber Safety Review Board (CSRB) provided a 30-page review of its inadequate security culture. The CSRP report read “..troubling examples of decision-making processes within the company that did not prioritize security risk management at a level commensurate with the threat.”…
Sep 17, 2024
Corporate Governance Issues: Common Challenges [And How to Overcome Them]
With digital transformation and the rise of big data, organizations are being pushed to implement robust governance practices. The sheer volume of data, new technologies, and changes is staggering, and it has created the need for moderation and strong governance. For businesses struggling to scale while keeping up with changes, it is time to rethink…
Sep 17, 2024
Streamlining Compliance Audits With Sprinto: The Power of Automated Evidence Collection
Evidence collection process involves maintaining dozens of spreadsheets, rolling deadlines, missing data, gathering data from siloed systems, managing checklists, implementing tools, and numerous back-and-forth conversations with auditors can be chaotic and eat away at your productivity. Juggling everything at once may seem achievable until you drop one ball, and your project spirals into chaos. Automated…
Sep 17, 2024