How Will AI Change Supply Chain Risk Management?
Learn how AI is improving SCRM through predictive analytics, real-time data analysis, and logistics.
Risk Management, Risk Assessment or Risk Analysis: What’s the Difference?
What Is Risk? Risk is the chance that the outcome differs from what is expected. Usually, when we talk about business risk, we are referring to possible negative impact and consequences of an event or decision. In business, there will always be a certain degree of risk that any organization must face to achieve its goals. At the …
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The Evolution of COSO Compliance Objectives
COSO framework principles are prescriptive internal controls to reduce risks and get the information needed for smart decision-making.
Business Resilience: Goals for the New Year
Challenges such as acquiring and retaining top talent, restricted growth opportunities, and economic uncertainty will continue to affect businesses in 2021.
Tools to Leverage when Communicating about Compliance
Forbes cites an apt quote from Dr. John Lund—a family counselor and business communications consultant—where he recommends, “Don’t communicate to be understood; rather, communicate so as not to be misunderstood.” Good and solid communication is—as you likely already know—the cornerstone of a successful joint business venture, so it is worth serious and robust effort to …
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IT Incident Response Plan: Key Steps to Implement
Nearly all organizations need an incident response plan. Security incidents are inevitable. The time to think about responding to an incident is NOT during the incident. Incidents are stressful, often chaotic (especially when you have no plan). A formally documented, incident response plan helps organizations identify, contain, and remediate security incidents. Key Components of Incident …
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Identifying Common Compliance Misconceptions
Regardless of your company’s industry, there are certain requirements & regulations in place to protect your company, making compliance essential
IRS-1075 Compliance Tips for Your Organization
Every year, organizations struggle to know exactly how they should handle Federal Tax Information (FTI). The challenge is that many organizations don’t realize the repercussions associated with accidentally mishandling, storing, using, transmitting, or disposing of FTI. In fact, if your organization has FTI in its possession, then you must comply with all aspects of IRS-1075. …
What Regulations Are on the Horizon for Fintech Companies?
By maintaining compliance, fintech companies and cryptocurrency firms have the potential to increase market share and grow revenue.
Internal Auditor’s Expanding Role in Enterprise Risk Management
Companies of all industries and sizes look into using procedures and systems that can help them identify risks to their operations. By finding these risks, a company has a better chance in figuring out how these problems will impact their operations, systems and employee productivity. They can also figure out how often these risks could …
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The Crucial Role of Ethics in IT Security and Compliance
How can your company fosture a culture where employee behavior follows the ethical guidelines required for compliance and IT security?
Third-Party Risk Management: The Essential Guide
Third-party risk is the potential impact of working with outside parties to do certain business activities. Learn to better manage that risk.
