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The Trials and Tribulations of IT and Integrated Risk Management

November 17, 2016 by Ladd Muzzy
Filed under: IT Governance, Risk Management, IT GRC, Information Security

Integrated risk management is personified when managing the risks of information technology (IT). There is arguably few topics whose influence reaches across all parts of an organization’s value chain, from the back office to the front, from employees to customers, and from vendors to third parties. As a result, IT GRC (Governance, Risk, and Compliance) continues to be of focus. IT and risk management are making efforts to advance their relationship to understand, identify, and thwart unwanted exposures.  

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Tags: Risk, IT GRC, Cyber Risk 

Enabling GRC Technology to Thwart Cyber Security in the UAE

November 1, 2016 by Ladd Muzzy
Filed under: Information Security

In 2014, the National Electronic Security Authority (NESA) in the United Arab Emirates (UAE) announced strategies, policies, and standards to direct and align national cyber-security efforts. NESA is a UAE federal authority that operates under the Supreme Council for National Security and is responsible for setting guidelines and mandatory compliance expectations for government and critical national service entities. 

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Tags: Cyber Risk, Information Security, Cyber Security 

The Relationship of Technology and Compliance: RegTech

October 27, 2016 by Ladd Muzzy
Filed under: Compliance Management

The topic of compliance doesn’t seem to be going away anytime soon. Regulators, over the ongoing concerns of attorneys general, advocacy groups, and consumers continue to raise the levels of regulation and their expectations of sound organizational business practices. The associated costs of compliance – people, capital, time, reengineered processes, systems, etc. – continue to mount. Technology is a key foundational piece to the understanding, implementation, embedment, and sustainment of an approach to manage the risks and controls of regulatory compliance.

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Tags: Compliance 

What You Need to Know about New York’s Proposed New Cybersecurity Regulation

October 3, 2016 by Ladd Muzzy
Filed under: Information Security

New York’s Department of Financial Services has proposed a new cybersecurity regulation for financial service organizations that do business in New York. The impetus of the regulation is a direct result of the proliferation of cybersecurity breaches and the potential for significant financial loss and misappropriation of consumer data.  

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Tags: Cyber Risk, Cyber Security 

Data in GRC projects – Why Not?

June 30, 2016 by Luc Brandts
Filed under: General, Governance, Risk and Compliance

Many GRC projects focus on the automation of manual data input tasks, rather than leveraging data that’s already out there in systems inside or outside the firewall. It is interesting to see the big difference between what’s technically possible, and what’s being realized in actual projects. 

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Tags: GRC 

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What is GRC?

Read the definition of Governance, Risk and Compliance

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Forrester report

Forrester positioned Nasdaq BWise as a Leader in New Report, The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q1 2016.

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