Glossary of Compliance

Compliance Glossary

Our list of curated compliance glossary offers everything you to know about compliance in one place.

Glossary » SOC 2 » Risk Mitigation

Risk Mitigation

Risk mitigation in SOC 2 refers to the strategies and controls that a service organization implements to minimize security threats and risks to customer data. These strategies and controls can include implementing strong access controls and security protocols, regularly testing and updating the organization’s systems, and implementing robust incident response and disaster recovery processes. 

By demonstrating effective risk mitigation measures, you can build trust with clients and show your commitment to maintaining the security and integrity of its systems.

Additional reading

Blogs

When Crisis Strikes, Be Ready: Creating a Business Continuity Policy That Works

In March 2024, AT&T experienced a massive data breach affecting 73 million customers. This incident has prompted companies across various sectors to reassess their continuity and disaster recovery strategies, underscoring the critical importance of having a robust business continuity plan in today’s digital landscape. The breach that exposed users’ sensitive information, including SSNs, passcodes, and…
Blogs Cybersecurity

Beyond the Office: Cybersecurity for Hybrid Workforces

Six in ten US employees prefer a hybrid work setup, and it’s here to stay. While it has offered efficiency and productivity gains, it has also altered the corporate attack surface. It’s easy for an employee to sit in a coffee shop or a coworking space and casually share a confidential file over WhatsApp instead…
Complete guide on risk acceptance
Blogs

Risk Acceptance: The Smart Leader’s Guide to Knowing When to Say ‘Yes’ to Risk

Risk acceptance isn’t glamorous. It doesn’t come with the urgency of mitigation or the decisiveness of avoidance, but it’s often the most sensible route. Every organization encounters risks that are too costly to eliminate or too minor to justify action. The real challenge is knowing when to let something sit and recognizing when it’s time…

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