An effective third-party risk management programme is in your best interest. Not only can you more confidently engage with a growing network of vendors, suppliers, resellers and distributors; but when done effectively, you can have a positive impact on the effectiveness and efficiency of your broad ethics and compliance programme.
NAVEX Global research has shown that organisations pursue strong ethics and compliance programmes for myriad reasons, but at the top is a desire to cultivate and maintain a culture of ethics and respect. A strong third-party risk management solution helps organisations realise that objective through engaging with third parties that abide by codes of conduct, that are transparent and communicative and that you can be proud to do business with.
Assessment is part of your compliance programme’s necessary life cycle for improvement. We work in an ever-evolving landscape of risk that requires compliance professionals to identify the gaps their programmes have today, and may have tomorrow. Your programme effectiveness as a whole is based on the effectiveness of each one of its parts. So, ensure your assessment is broad as well as in-depth. Programme assessment is not a tick-the-box exercise. It is just as important as creating a company culture and mitigating risk.
Remember, if your assessment is thorough and effective, you will have identified weaknesses in your programme and vulnerabilities for risk. Don’t be discouraged by your work to highlight these areas for improvement. Your programme and your organisation will be better for it once you make the necessary adjustments for a robust and effective ethics and compliance programme.
Published By: Xiotech
Published Date: Apr 13, 2007
Disruption to your production environment is costly, and any loss of information can be disastrous. Consequences may include loss of revenue and company reputation, lower shareholder confidence, potential exposure to business continuity risk, or sanctions and fines for noncompliance with regulatory requirements. Organizations need an effective and reliable way to safeguard corporate information in the wake of an unforeseen downtime event.
Published By: Perimeter
Published Date: Jul 17, 2007
What is the difference between a risk, a threat, a vulnerability and an exploit? Which product or solution can be employed to address my institution’s information security and compliance needs? This paper provides some clarity on the first question, and in the process, it should help to offer an answer to the second question, one of aligning concerns with solutions with vulnerability management.
In today's regulations and risk management, business has become increasingly complex, and penalties are growing. Managing risk must therefore include monitoring the actions of your entire organization and more. Read on to learn more about compliance.
Manage Electronic Records, Minimize Workplace Risks and Maximize Compliance. Learn about the legal and compliance regulations associated with maintaining your business critical emails. Understand how your business could face legal issues if a proper archiving solution is not in place.
Engagement with customers online has evolved from novelty to necessity, with an estimated $202 billion spent in 2011 and projected 10% growth to $327 billion in 2016, according to Forrester Research. Businesses are maneuvering to connect with the growing pool of online customers, but the move to eCommerce brings new security risks with the exchange of sensitive consumer information, including cardholder data and personally identifiable information that can enable identity theft. At stake is reputation of brand, ongoing access to merchant credit lines, and substantial penalties and remediation in the event of a breach.
This white paper elucidates the aspects of PCI DSS (Payment Card Industry Data Security Standards) compliance that must be considered when choosing a secure environment for servers involved in eCommerce. Whether deciding to outsource or keep data hosting in-house, any company collecting, storing or transmitting customer cardholder data needs to be compliant, and this document helps pinpoint the specific concerns and standards a company should be aware of when choosing how to keep their data secure. Understanding requirements and best practices for security policies and procedures, physical safeguards, and security technologies is essential to establishing cardholder data security and meeting QSA and SAQ audit requirements.
Published By: Courion
Published Date: Aug 21, 2012
Hear from a panel of experts as they discuss the challenges organizations face during identity and access management implementations, ways to avoid common pitfalls, and how you can achieve the greatest value from your deployment
Published By: Courion
Published Date: Aug 21, 2012
Hear from a panel of experts as they discuss the factors that impact enterprise security strategy, including regulatory pressures, demands from audit to demonstrate compliance, the increasing risk of data breaches.
Published By: Courion
Published Date: Aug 21, 2012
In today's mobile, always-on, cloud-based business environment open is not a choice, it's a requirement. With openness comes access risk, does your organization have a strategy to identify, quantify and manage this risk? Learn more today!
Reduce the security risk and compliance concerns of unstructured data: emails, documents and spreadsheets. Unlike native tools, ChangeAuditor offers comprehensive, easy-to-use auditing, and more, to ensure security and regulatory compliance.
Published By: ServiceNow
Published Date: Jul 12, 2013
Organizations are faced with many auditing challenges and often find themselves defining controls in documents and spreadsheets, manually tracking audit task assignments and storing audit documentation in disparate locations. With the ServiceNow IT GRC functionality, organizations gain a central repository that contains policies, risks, controls, findings and more all in one place. It also provides a way to automate audit tasks for remediation efforts and a dashboard view to manage the entire audit process. Learn more during this upcoming webinar.
Managing employer compliance can be a tedious task, but it’s a highly visible, important way that the human resources department minimizes risk for the business and keeps the workforce running smoothly. Use this guide to stay informed about employment laws, reporting rules, and developing workforce compliance issues that may impact your organization. We’ll help you navigate ten crucial mandates, explaining the obligations and compliance considerations you need to be aware of in order to take on your responsibilities.
From a communications equipment manufacturer optimizing investments with a security scan to a mutual insurance company reducing spam and threats with hosted web and email services, IBM security consultants have helped many companies evaluate their existing security practices against their business requirements and objectives. Read these customer references to learn how organizations managed risk, security and compliance with help from IBM.
Published By: DocuSign
Published Date: Apr 24, 2018
Staffing companies play a critical role in recruiting and
onboarding talent to ensure that operations don’t skip a
beat. In today’s competitive recruiting market, staffing
companies need to be nimble and efficient. They need
to invest in digital tools to hire and onboard the best
Many organizations still use manual or paper-based
processes, which are slow, expensive, and error-prone,
resulting in inefficient operations and compliance risks.
Investing in digital operations reduces search time and
costs while delighting candidates and improving security
Many internal control programs are still undergoing major modifications due to increased PCAOB requirements, adoption of the 2013 COSO Framework, and board focus on risk and compliance processes. Organizations are using several technology approaches to manage the process—some with more success than others.
Read this white paper to learn why organizations need to utilize the tools that optimize collaboration and focus on productivity, the pros and cons of desktop-based spreadsheets and GRC platforms, and the merits of taking a fresh approach to technology to manage internal control processes.
As the focus on internal controls moves into its second decade, it'd be easy to assume that most organizations have mastered their processes. However, with the adoption of the 2013 COSO Framework, increased requirements from the PCAOB, and board focus on risk and compliance processes, many internal control programs are undergoing major modifications in numerous areas.
Read this e-book to find out how and why companies have made the move to different platforms, including why companies need to focus on utilizing the most productive tools, several technology approaches used by organizations, and the merits of taking a fresh approach to technology to manage internal control processes.
Workiva commissioned Forrester Consulting to conduct a Total Economic ImpactTM study and examine the potential return on investment (ROI) enterprises may realize by deploying Wdesk for Controls Management. The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of Wdesk on their organizations and how it can be leveraged to optimize the processes necessary to deliver Sarbanes-Oxley (SOX) compliance.
This in-depth financial summary finds a 238% three-year, risk-adjusted ROI for a large auto parts retailer. Key outcomes include reduced the effort required to formulate and update processes and controls for SOX compliance resulting in a three-year benefit of $190,568, and simplified audit efforts with improved audit trails in financial controls, delivering three-year present value benefits of $128,965.
- About the mandates that will significantly increase transaction complexity and transaction volumes for payers and providers
- How to reduce costs and improve processing efficiencies while also decreasing the risk associated with data movement
- Ways to improve customer service and ensure compliance with evolving regulations while reducing IT operating expenses
This white paper examines how some of the ways organizations
use big data make their infrastructures vulnerable to attack. It
presents recommended best practices organizations can adopt
to help make their infrastructures and operations more secure.
And it discusses how adding advanced security software solutions
from IBM to their big-data environment can fill gaps that
big-data platforms by themselves do not address. It describes
how IBM® Security Guardium®, an end-to- end solution for
regulatory compliance and comprehensive data security, supports
entitlement reporting; user-access and activity monitoring;
advanced risk analytics and real-time threat detection analytics;
alerting, blocking, encryption and other data protection capabilities,
as well as automated compliance workflows and reporting
capabilities, to stop threats.
DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Our portfolio of live events, online and print publishing, business intelligence and professional development brands are centred on the complexities of technology convergence. Operating in 42 different countries, we have developed a unique global knowledge and networking platform, which is trusted by over 30,000 ICT, engineering and technology professionals.
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