Crisis Management is one of today’s most urgent Governance matters, taking into consideration the continuously expanding Risk Universe attributed to dynamically changing Business Landscape, unpredictable geopolitical situations, increasing number of Cyber threats and increase in usage of advanced technologies like Automation, Artificial Intelligence, and Robotics. The most important theme to discuss at this time
An evolved approach towards ESG Risk and Value Environment Social and Governance (ESG) has now become an important factor for Organizational Sustainability. Formulating a comprehensive policy where the Business’ long term goals are very well integrated with ESG issues is now a part of every Company’s culture and environment, which is looking for long term
Risk is inherent in any Business, irrespective of the Industry. Whether it is Financial, Retail, Technology or Energy sector, the expanding Risk Universe has made it obvious that efficient Enterprise Risk Management processes are the ones that manage, mitigate and minimize Business Risks. However, complex, multi-layered and dynamically changing Business Landscape requires automated, intuitive, agile,
Confident Governance is honored to be featured in NVTC’s The Voice of Technology online magazine in the list of Tech 100 Companies. The Cyber Governance Company has been awarded for its Technological innovations by multiple Independent Research firms and has climbed the rankings each year. The recognition reflects that Confident Governance continues to address the
The European Union (EU) implemented the General Data Protection Regulation (GDPR) in May 2018. It is meant to protect the Data and Privacy of European ‘citizens’. And, is applicable to any Business that stores or transacts data of these subjects. However, the consequence of it is that even Businesses that are international or provide services
The NIST (National Institute of Standards and Technology) Framework for enhancing Critical Infrastructure Cyber Security, commonly referred to as the NIST Cybersecurity Framework, provides Organizations with a structure for assessing and developing their ability to Prevent, Detect and Respond to cyber Risks. The Cybersecurity Framework aims to focus on Industry Verticals like national and economic security,
FINRA (Financial Industry Regulatory Authority) is a non-governmental agency that provides regulatory services for the financial industry. FINRA regulates over 4200 brokerage firms and oversees the stock market and securities industry. FINRA focuses on areas that financial services firms should consider when identifying opportunities to improve their compliance, supervisory and risk management programs. The areas
Regulators have dramatically stepped up enforcement of Anti-money laundering (AML) laws and regulations and increased related criminal and civil fines. According to a recent news article from Wall Street Journal, FINRA charged a penalty of $10 Million to one of the biggest Investment Bank over Anti-Money-Laundering program. As per the news, the bank’s automated anti-money-laundering
2018 was all about engaging with the Fourth Industrial Revolution (Industry 4.0), blurring lines between physical and digital worlds and a major transformation of how Business Processes are carried out. To drive Positive Growth, Efficiency, Effectiveness, Sustainability and Transparency in 2019 and beyond, Businesses, Companies and Organizations need to adopt a new innovative mindset for
As Cyber Risks are evolving with greater frequency and severity, Companies are becoming aware that technology-based innovations and initiatives open doors to Cyber Risks and pose greater governance challenges. From a governance perspective, one of the Risk, Compliance and Governance committee’s most important tasks is to verify that management has a clear perspective of how