A survey conducted by IBM found that security skills shortage is one of the top amplifiers to the cost of a data breach. As the cost of mitigating incidents rises each year, security professionals will play a bigger role in the complex world of networks and cloud. With the rise in demand for security professionals,…
The world of compliance is changing at a rapid rate. 62% of businesses raised their compliance budgets in 2022, as per Thomson Reuters. And this number is expected to rise in 2023 and the years that follow. Organizations are increasingly relying on compliance management software, or regulatory compliance software, to centralize their functions, automate tasks,…
During the 2008 economic crisis, financial giant Lehman Brothers declared bankruptcy, fired thousands of employees, and sent the already broken economy into a tailspin. While many complex factors led to this event, poor risk management was the key one. This event highlights the importance of using operational risk management software. Operating a business without a…
Audits are infamous for managing multiple spreadsheets, checklists, tools, drawn out auditor back and forth, gaps, and chaos. Everything moves in harmony until something derails, and the domino effect seeps in. Even large companies miss audit deadlines, thanks to its complex nature. How can you bring order to this chaos? The solution: Audit management software. …
Choosing a compliance tool is pretty much like choosing an ice cream flavor. With dozens of enticing choices, you don’t know the right one without tasting. But what if hundreds of customers gave a review of each favor? Wouldn’t that make your choice easier? It’s a little more complicated than that, isn’t it? If you…
As a business owner, maneuvering the tricky parts of legal frameworks, organizational policies, consumer standards, and international compliance regulations becomes a daily occurrence. Forward-thinking organizations know that several repetitive compliance activities are either low-impact or labor-intensive. They have, therefore, turned to automation to count on some out-of-the-box solutions and steer through compliance complexities with ease….
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