Did you know that 76% of users think companies should do more to safeguard their data online? But here’s the big question: Are you doing everything you can to protect your client’s data? If you’re uncertain, examining your current practices more closely is crucial. As organizations increasingly rely on data-driven processes, safeguarding personal and confidential…
Corporate compliance is the systematic approach companies employ to ensure adherence to relevant laws and regulations governing their operations. This starts from formulating, implementing, and overseeing policies, training programs, procedures, and practices. The main benefit is that, by doing so, companies can proactively identify and prevent potential breaches, which could lead to legal ramifications such…
Cloud computing provides agility and flexibility to businesses; however, it has inherent security risks, and each cloud infrastructure type has vulnerabilities. Unless you understand the risks and what steps need to be taken to keep your business safe, you are likely to choose the wrong provider and experience data breaches that can lead to penalties,…
Did you know 60% of the world’s corporate data is stored in the cloud? While businesses today heavily rely on cloud infrastructure because of its ability to drive business agility at scale, there’s one aspect that can turn out to be a dealbreaker—security. Imagine you’re a salesperson in a cloud-based start-up. What’s the first question…
Over 80% of legal and compliance leaders stated that they discover third-party risks after the initial onboarding and due diligence. This indicates that traditional risk management methods fail to identify new and changing risks. As businesses grow, including third-party vendors in their operations is not uncommon. While this expands their horizons, it also widens their…
Having comprehensive compliance documentation acts as the backbone to showcase that your organization adheres to regulatory standards. And navigating through the complex compliance documentation acts as a challenge for organizations today because of the constantly evolving policies and framework, the necessity of maintaining version histories, the intricacies of managing many moving parts and processes with…
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