How To Perform a Cyber Security Risk Assessment?
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How To Perform a Cyber Security Risk Assessment?

Digital assets and data are the lifeblood of every organization today. But as with everything precious, they’re constantly at risk of being unlawfully accessed, tampered with, stolen, or transmitted. Such malicious actions can not only cause irreparable harm and damage to the organization but can severely hamper future business prospects.  Cyber risk assessments are periodical…

Compliance vs. Risk Management: 5 Key Differences & Top Tools For Each
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Compliance vs. Risk Management: 5 Key Differences & Top Tools For Each

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…

A Comprehensive Guide to Integrated Risk Management
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A Comprehensive Guide to Integrated Risk Management

Businesses operating in a post-COVID era of accelerated cloud adoption and decentralized workforces are quickly realizing the need for a security-first culture to mitigate looming security risks in the face of rising costs associated with data breaches. In fact, the average cost of a data breach in the US was 4.45 million in 2023, this…

Key Aspects of Risk Management Policy: All You Need to Know
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Key Aspects of Risk Management Policy: All You Need to Know

Forward-thinking businesses know how crucial it is to be proactive while managing risk. After all, risk is an enabler of growth, and assessing and handling risks effectively can ensure there are no operational disruptions.  However, risk management is not a singular task. It involves many moving parts that require careful planning, project management, and timely…

What Constitutes a Good Third-Party Risk Management Policy?
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What Constitutes a Good Third-Party Risk Management Policy?

In a recent Gartner survey, 84% of the respondents (who were risk committee members) claimed that third-party risk gaps highly disrupted their business operations.  Any organization that relies on third-party vendors for critical business functions should develop and maintain an effective Third-Party Risk Management policy. A strong third-party management policy can go a long way…

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