Dynamic risk assessment is a proactive method of risk management. In the ever-changing and disruptive business environment traditional risk assessment models which are mostly based on the impact and the likelihood, fail to recognize the interconnection among the risks and more effective risk mitigation actions. DRA enables organizations to have a deep understanding of the
Due to the digitization era, the majority of the companies are moving toward a digital business model, that is generating a vast quantity of data concerning customers. Thereupon proliferation of client data creates valuable opportunities for firms to research and bear on it. However, this can be creating people’s personal lives open and susceptible to
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 Health Insurance Portability and Accountability Act of 1996 (HIPAA) legislation came into action for Healthcare Industry to protect patients’ medical information in terms of implementing Data privacy and Information Security controls. Even though it is more than twenty years old, it is relevant even today in light of Information Security breaches, Cyber attacks and