Glossary of Compliance
Compliance Glossary
Our list of curated compliance glossary offers everything you to know about compliance in one place.
Disaster Recovery Plan
A Disaster Recovery Plan is an official document developed by a company that gives precise instructions on how to respond to unanticipated situations such as natural disasters, power outages, cyber-attacks, and other disruptive events. In order for an organization to continue operating or swiftly resume critical functions, the plan includes tactics to mitigate the effects of a disaster.
Additional reading
Compliance Management: Implementation Process
TL,DR: Compliance management tracks whether systems, policies, and employees meet legal and regulatory obligations. The process starts with identifying laws, assessing risks, writing rules, and training employees. Ongoing policy reviews, audits, and monitoring keep the program aligned as requirements change. Just as a citizen has to obey the rules and laws of their country, a…
What is Vendor Risk Assessment – Download Checklist
TL,DR: A vendor risk assessment checklist helps evaluate third-party security, compliance, privacy, and operational risk. It should cover data access, certifications, incident response, business continuity, and subcontractors. Structured assessments help reduce vendor exposure before contracts and renewals. December 19, 2023. Comcast, a U.S. telecom giant acknowledged that the data of 36 million Xfinity customers had…
A Complete Guide to Third-Party Risk Management
TL,DR: TPRM identifies, assesses, and monitors risks from vendors, contractors, suppliers, and partners. Core risks include data security, legal exposure, financial stability, reputation, and operational disruption. The article covers due diligence, assessments, remediation, monitoring, breach tracking, and framework requirements. No CTO in their right mind trusts their vendors and contractors completely. Irrespective of their relationship,…
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