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
Three Key Elements of Confident,Efficient & Sustainable Cyber Risk Governance in 2019 Businesses and Organizations worldwide have recognizedCyber Risk as one of the most significant dangers they face andthat effective management and mitigation is almost essential and unavoidable.1. Importance of Integrating Cyber Risk with overall ERM2. Leveraging Artificial Intelligence driven Analytics for real time Cyber Risk Reporting3. Designing
Reston, VA, USA — December 15, 2018 — Confident Governance ®, the global leader in Cyber Governance, today announced their latest product release, redefining the collaboration, customization, ease of use, security and Reporting functionalities. With these world class upgradations and features, ConfidentG Governance as a Service® empowers teams to customize, collaborate, build reports/dashboards and navigate
In less than a week, people around the globe are reading another breaking news around Information Security concerns following the massive breach of Marriott International Inc. As per the news, the UK Parliament seized a set of internal emails of one of the world’s largest Social Media platform Company Facebook as a part of its
On Friday, a breaking news of one of the biggest data breaches in history came around in the world’s largest hotel Company, Marriott International Inc. As per records, the reservation database for it’s Starwood properties exposed private data of up to 500 million guests, which included the Customers’ passport numbers, travel details and payment-card data.
Looking at the recent news on non-compliance in Companies globally, the stakes involved and the magnitude of consequences, it becomes clear that maintaining Regulatory Compliance is undoubtedly a priority and continuous concern for Organizations across all Industry Verticals. Organizations Operate under constant pressure from Regulators and are required to provide Regulatory Compliance updates at frequent
As Technology continues to evolve, so does the opportunities and challenges attached with it. With greater benefits, Emerging Technologies bring even greater high impact Cyber Risks. Increasing threats to Corporate Information Systems, Critical Infrastructure, and intellectual property—as well as Compliance Risks, liability concerns, and the potential for reputational damage or lost business—continue to make Cyber
Efficient GDPR Compliance Management encompasses vital processes like Integrated Risk Mapping, Gap Analysis, Policy and Procedure Tracking and conducting Compliance Audits. In our previous post, we discussed about Integrated Risk Mapping and Compliance Testing. With this post we discuss how monitoring GDPR Rules and Controls is a continuous process that can be efficiently and effectively
GDPR (General Data Protection Regulation) is an Exhaustive and Technically demanding Regulation around Data Privacy ever established. The inherent need of 360 degree Visibility and Strategic Enforcement presents a challenge for Companies globally wanting to be GDPR Compliant. Some of the major challenges around being GDPR Compliant is having a robust Data Handling and Data Storage
The new EU Legislation, General Data Protection Regulation (GDPR) is a latest reform of Data Protection Rules that implies new extensive Data Protection Security and Reporting requirements in addition to increased financial penalties for non-Compliance. Organizations can have strong foundations for successfully achieving GDPR Compliance by acting early and adopting a holistic approach which includes