The New York Department of Financial Services (NYDFS) will soon be updating the NYDFS 500 requirement. The proposed changes stand to have significant impact on all risk management programs beyond the Finance industry, as the SEC, FTC and the Attorney General’s Office are all following suit and adopting the same/similar requirements.

Many customers come to us with an immediate need, as well as longer term priorities for their information security/GRC programs. Often, the short term is to achieve some form of compliance,…

As a business leader, you know that risk management is an essential part of any successful organization. Effective risk management will, of course, primarily serve as an effective barrier to nefarious actors trying to infiltrate your organization from outside or within…

We are all aware of the significant number of layoffs occurring, in particular in technology firms. Beyond this, many if not most companies are currently holding back and implementing a hiring freeze

Digital transformation has changed the way organizations do business, creating new opportunities and challenges. As organizations leverage technology and move to digital platforms, they naturally take on new risks…

Last week we discussed the value of an independent risk assessment, today we focus on the next layer of risk management - Continuous risk monitoring…

Risk assessment is an essential component of any business, making sure that operations are running smoothly and ensuring that the organization is meeting safety and regulatory standards...

Most companies are required to conduct an annual risk assessment. It is a key part of business planning and risk management. This can help you to make…

Leaders are increasingly recognizing the dangers in our connected world, where cyber incidents can wreak havoc on finances and reputations alike…

It is difficult to quantify the exact number of hacks that occur during the holidays, as this can vary from year to year and depend on a variety of factors…

Automated governance, risk, and compliance (GRC) refers to the use of technology to manage and monitor an organization's compliance with laws, regulations, and internal policies.

Part Four of our Control Freaks Series takes into the world of Internal Audit and Audit Readiness assurance and examines the value of Risk Management to an Internal Audit process.

Sorry, my fellow humanities friends, but this is not about the internal expression of your inner poet and deepest feelings! However, properly established and managed, internal controls will go a long way to protecting your organization, not to mention passing audits and maintaining those increasingly important security certifications.

The Statement of Applicability (SOA) defines both which of the suggested 114 controls from Annex A you will implement, and the justification to not implement certain controls. In regards to ISO 27001, an SOA report is required as well as an SOA statement for each control. 

…compliance obligations - regulations, standards, controls, internal controls & more…

Now that you have your SOC 2, ISO 27001 certification, or if you’re maintaining any control requirements in your organization, you can improve your performance and better protect your assets with a risk-first approach.

Federal fines for HIPAA compliance are on the rise and this trend will likely continue while the Healthcare industry remains an active target for cyber threat.

SSP and POA&M reports are complex and take time to maintain, unless you are using C1Risk.