Glossary of Compliance
Compliance Glossary
Our list of curated compliance glossary offers everything you to know about compliance in one place.
ANSI
The American National Standards Institute (ANSI) was established as an independent, privately funded non-profit organization based in Washington D.C. Today, ANSI has grown to host more than 200 consensus-based standards and conformity assessment systems for products and services used within the United States and abroad.
These standards reflect the best practices for a given product or service, acting as a guidebook to ensure the efficient and safe use of that product.
Additional reading
Enterprise Risk Management Strategy and Frameworks
TL,DR: Enterprise risk management strategy aligns business goals with risk identification, assessment, and mitigation. It improves decision-making across financial, operational, compliance, strategic, and cyber risks. Strong ERM requires ownership, reporting, monitoring, and leadership involvement. A 2022 survey on Enterprise Risk Oversight found that 60% of respondents believe the volume and complexity of risks have increased…
Information Assurance vs Cybersecurity: Differences & Similarities
TL,DR: Information assurance protects information reliability through 5 pillars: availability, integrity, authentication, confidentiality, and non-repudiation. Cybersecurity defends digital assets from cyberattacks and unauthorized access to systems Information assurance takes a broader governance approach covering policies, risk management, compliance, and business continuity. Cybersecurity takes a technical approach using firewalls, antivirus software, and intrusion detection systems Information…
The 5 Key Components of a Risk Management Framework
TL,DR: A risk management framework consists of 5 core components forming a continuous cycle: risk identification, risk assessment, risk mitigation, risk monitoring, and risk reporting across the organization Major frameworks include NIST RMF (risk-based approach for federal systems), COBIT (aligns IT goals with business objectives, developed by ISACA), and COSO ERM (integrates risk management with…
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