In the world of corporate regulations, laws, and policies, two terms are used commonly and often interchangeably – compliance and governance. While these components of GRC have some overlapping objectives, their applicability is far from the same. In this article, we discuss what governance and compliance means and the differences between the two. What is…
A report by Bloomsberg states that companies are spending 6-10% of their revenue solely on compliance! Furthermore, over 50% of executives see cybercrime as a top five risk now and in the next three years, with concerns rising. The above statistics are pieces of evidence that in the absence of compliance, you can lose money…
Navigating data privacy regulations can indeed be daunting for most organizations. Government authorities are now imposing more fines for privacy law violations as tech giants increasingly misuse their monopoly status to their advantage. The recent congressional hearings where Meta, TikTok, X, Snap on privacy policy and data security are a sign of things to come….
With remote work and international teams becoming the new normal post-COVID, it’s hard to keep up with all your network devices, access points, or even software updates for your devices. Not having track of all these could easily make your network vulnerable to data breaches, cyber-attacks, and information loss. That’s why having a vulnerability management…
As data becomes a vital component in fuelling business strategy and outcomes more than ever before, forward-looking organizations are striving to continuously enhance the trustworthiness of data. This is because data-driven decisions enable better insights and meaningful changes for the organization. However, building a data-informed culture calls for better data ownership, sharing, collaboration, and ongoing…
TL;DR Getting compliant is daunting enough with all the busy work but the task of choosing the right platform for your compliance framework does not have to be. Suppose you are knee-deep in audit anxiety and looking for the right compliance automation platform. We’ve shortlisted the top compliance tools that should be in your consideration…