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…
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Jan 09, 2025
GRC Memes: A Funny take on the real state of GRC
Ask someone who lives and breathes GRC to close their eyes and picture it, and you’ll likely see raised eyebrows, a few sighs, and nervous laughs. Why? Because all they can see is a labyrinth of policies, a mountain of paperwork, and a constant stream of regulations. Yes, it’s chaotic, but it’s all for the…
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Jan 09, 2025
7 Best NIST Compliance Software
NIST isn’t your typical regulatory framework. Companies aren’t mandated to become NIST compliant unless they’re part of the US federal system. This also means it can be pretty challenging to implement without understanding what to do and how to streamline the flurry of activity involved. And this is where NIST compliance software can help. But…
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Jan 08, 2025
SOC 2 Compliance Cost 2025: Planning A Comprehensive Compliance Budget
SOC 2 compliance costs can be substantial, especially if you are a small or growing business that’s bootstrapped. However, that doesn’t make it any less worthwhile – in fact, you should view it as an investment that could bring you invaluable business in the future. With cloud-hosted applications proliferating, SOC 2 Compliance is a sure-fire…
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Jan 08, 2025
Audit trail: What it is, how it works, and why it matters?
As per a report by Security Intelligence, noncompliance with regulations costs firms about $15 million. Audit trails are your digital footprint that helps to ensure accountability and compliance. They are the watchdogs of regulations, the unsung heroes of digital transparency, and the trail of truth. In this article, we unravel the complex world of audit…
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Jan 08, 2025
Picking the Right SOC 2 Software: A Beginner’s Guide
Businesses today have started identifying SOC 2 as a strategic asset. It has become an enabler for enterprise deals, a way to bypass lengthy security questionnaires and a badge of trust. As founders and CISOs seek to obtain it quickly and leverage the benefits they are increasingly turning to automation and SOC 2 software. It…
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Jan 08, 2025