What is GRC Risk Management: Detailed Process Guide
Poor risk strategy can set off unprecedented events – even for well established players in the market. Back in 2023, Oreo manufacturer Mondelez notified their employees about a data breach after their third-party legal firm was hacked, leaking sensitive personal data like addresses, social security numbers, and date of birth. If you don’t invest in…
Nov 27, 2024
10 Best GRC Tools Reviews and Ratings: Factors to choose a GRC Tool
The challenges of efficiently running a business have transformed over the years. New tools, ideas, demands, technologies, and processes are introduced every day to boost efficiency and expedite growth. These developments introduce new risks and operational challenges. The need for a tool that minimizes security risks, ensures compliance, and streamlines processes is now. GRC tools…
Nov 27, 2024
Risk-Based Internal Audit: How to Prioritize, Plan and Mitigate Risks
Your company’s sensitive information is plastered across the internet. You seemed to be locked out of your system, and the ransom to get your access back is hefty, to say the least. You’re scrambling to understand what has happened, and the alarm goes off. Don’t worry; it’s a nightmare that I painted for you, at…
Nov 27, 2024
HIPAA Compliance Software – Updated for 2025
The healthcare industry has consistently been the top recipient of data breaches for the last 12 years. This fuels the necessity to implement stringent laws such as the Health Insurance Portability and Accountability Act (HIPAA). Entities that handle sensitive patient data can enforce the requirements of this law using a HIPAA compliance software. In this…
Nov 27, 2024
Service Organization Controls (SOC) Reports: Types & Step to get
SaaS adoption has increased across the board, especially in large enterprises. Accelerated digital adoption is a result of the COVID-19 pandemic. It has added to the growing cybersecurity risks of today’s cloud-based environments. Cloud services provide large enterprises the opportunity to save costs and increase efficiencies. But, it requires them to share sensitive data with…
Nov 27, 2024
HIPAA Compliance Checklist: The Ultimate Guide
Did you know healthcare is the second most targeted industry, with 20% of victims falling prey to cloud misconfiguration breaches? These high-profile cases are just the tip of the iceberg when it comes to HIPAA violations. The Office of Civil Rights regularly issues fines for smaller breaches that fail to meet the HIPAA compliance checklist…
Nov 27, 2024