Pansy, Author at Sprinto

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…

Blogs, Compliance management

What Is a Compliance Auditor? Roles, Responsibilities & Career Path

Businesses spend somewhere between six to nine months to comply with cybersecurity standards. The majority of this timeframe is taken up by the compliance audit. It’s a comprehensive process of to and fro calls between a business’s GRC team and the compliance auditor, who needs to ensure that evidence is gathered, all questions answered and…

Blogs, GDPR

Data Processing Agreement (DPA): Elements & Template

The General Data Protection Regulation or GDPR mandates all organizations under its scope to have written Data Processing Agreements (DPA) with its vendors and third parties. However, EU is not the only region to mandate DPAs. DPAs are also required by several other regulations in countries like the US (CCPA), China, Thailand, Turkey, India, South…

Blogs, Cybersecurity

Enterprise Cybersecurity: Managing Risks at Scale

As your business scales, the risks you face and the threat landscape you get exposed to expand. Conventional cybersecurity practices may not make the cut anymore, given your organization’s maturity. An enterprise cybersecurity program calls for a more sophisticated and integrated architecture with top-notch solutions. This blog talks about how your program needs to evolve,…

Blogs, Risk Management

Enterprise Risk Management: Frameworks, Implementation, Cost

Every business choice you make has some inherent risk to it—some very small, such as setting your password policy right, while others are much bigger, like entering a new market. Just think about it—what if the supplier doesn’t deliver? Or what if the compliance requirements in a new geography are vastly different from what you…