What is Internal Controls Software ? How to Choose one
In today’s day and age, a company’s security posture is defined by the effectiveness of its internal controls. Every malicious act or security incident is a direct result of either inefficient implementation or the improper functioning of internal controls. Sure, organizations can piece together a great number of preventive measures but that doesn’t address the…
Oct 10, 2024
Risk Control Measures: Your first line of defense against threats
An underprepared business is one risk materialization away from a tenuous period of operational disruptions, economic downturn, and reputational damage. Risk is a constant in the cybersecurity realm, and while most businesses realize this, their risk readiness says otherwise. According to the 2024 State of Risk Oversight Report, 27% of organizations do not have an…
Oct 10, 2024
Internal Control Audit: Building Better Cybersecurity Defenses
Amidst the dance of commerce, the internal control system is a silent watchdog. It does not always make the headlines in case of breaches or system crashes, but the consequences can be devastating when controls are not in place. Case in point: A fine of $136 million was levied on Citigroup by the US regulatory…
Oct 10, 2024
SOC 2 Myths and Malpractices Busted: Be Wary Of These Red Flags
If you are on a journey to undertake SOC 2 compliance for your business, it can be confusing to sort through the reams of information and arrive at some form of clarity. This matter is made even more complicated by the prevailing Fear, Uncertainty, and Doubt in the market created by unscrupulous vendors who peddle…
Oct 10, 2024
HIPAA Disaster Recovery Plans: Ensuring Compliance and Continuity in Healthcare Operations
Every organization should be able to recover quickly from any disaster that stops day-to-day operations. It goes without saying that without a recovery plan in place to handle disasters, organizations not only lose sensitive data but also cause irreparable reputational damage. The same applies to the healthcare industry. To ensure moderation and consistency, HIPAA has…
Oct 10, 2024
What is HIPAA Compliant Cloud Storage Providers
Your cloud service provider is HIPAA compliant. But that doesn’t mean you are too! As a Covered Entity or a Business Associate who uses a HIPAA-compliant cloud to create, receive, maintain, and send protected health information (PHI), your compliance efforts don’t and mustn’t end there. While using a compliant cloud service provider is a must,…
Oct 10, 2024