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
What Is a Virtual CISO? The Benefits of Cybersecurity Leadership
In a 2023 report by IBM on the cost of a data breach, researchers found that appointing a CISO can help reduce the possible financial loss due to an incident to a large extent. Organizations that appointed a CISO saved $130,086 on average compared to those without a CISO in place per incident. This clearly…
Sep 17, 2024
NYDFS Cybersecurity Regulation Complete Guide
On November 1, 2023, governor Kathy Hochul announced that the New York State Department of Financial Services had drafted the NYDFS Cybersecurity Regulation. Aimed at protecting New York-based businesses and their customers from cyber threats, these regulations are designed using a combination of risk based approaches with better governance and robust access controls. If you…
Sep 17, 2024
Due Diligence Questionnaires: A Comprehensive Guide to DDQs
Business growth is a loaded term that involves a lot more complexities underneath the revenue boost and brand visibility. Small to medium firms often delegate tasks to external resources to save time, and money, and boost growth opportunities. However, this comes at a cost-sharing sensitive data adds unprecedented risks. But thanks to the due diligence…
Sep 16, 2024
Top 10 Policy Management Software Tools You Should Know
According to recent studies, close to 57% of companies spend between 4 and 10 hours a week manually aligning their policies with compliance requirements. As your business scales up, it can be overwhelming for employees to navigate complex policies and procedures, especially if it is managed manually via excel or a document tracker. The long-term…
Sep 16, 2024