According to PwC’s Global Risk Survey 2023, 40% of surveyed business and risk leaders reported improving their organization’s approach to risk in the last year to strengthen compliance with regulatory standards. Among the top-performing 5% of organizations, this figure skyrocketed to 81%. But what’s driving this significant leap? The solution resides in clearly recognizing and…
As we seem to think, privacy violations are not always black and white. Sensitive information like a person’s location, contacts, or communications can be linked to them in different ways. Frameworks like PIPEDA compliance can be a lifesaver. This could happen in one of two scenarios: the information is shared intentionally, like through open data…
A recent report states that 4 out of 5 security vulnerabilities in organizations across all sectors originated from the cloud. The swift transition to complex cloud environments has given rise to a spectrum of cloud security issues. According to Google Cloud Forecast 2025 paints a stark picture of the evolving threat landscape. The sheer number…
In May 2023, Facebook was fined $1.3 billion by Ireland’s Data Protection Commission for breaching GDPR regulations. Even for a tech giant, it was a significant dent on its reputation and was a precedent for many more congressional hearings to follow. It was a cautionary tale for small businesses to tighten their data governance practices. …
Keeping up with rules and regulations is a constant headache for businesses today. Laws change fast, and what was acceptable yesterday might not be tomorrow. This is where compliance risk comes in—it enables businesses follow all the rules they need to. Every industry has its own set of do’s and don’ts. Whether you’re in manufacturing…
In October 2023, IT Governance reported 114 security incidents, which compromised 867,072,315 records. Hence, it’s clear that the threat of cyber attacks looms larger than ever for digital businesses, necessitating a stronger security stance to prevent potential harm and losses. An important component in this defense strategy is the Security Operations Center (SOC), a tool…