Organizations are tasked with navigating many rules, regulations, and potential risks in an increasingly complex business landscape. As they do so, the importance of a robust Governance, Risk, and Compliance (GRC) strategy becomes apparent. This trifecta acts as a guiding beacon, setting a course for businesses to follow, ensuring they operate within the bounds of… Read More
What Are the Four Types of Risk Management?
We’ve discussed risk management and its complexity–what goes into it, what frameworks you can use, and how different forms of analysis and visualization can help you assess it effectively. But let’s pump the brakes a little. Have you thought about what to do about your risk profile? Do you know how to approach risk as… Read More
Risk Management, Cybersecurity and Visualization
We started our series on risk management a few weeks ago by introducing the concept of risk. One of the general stereotypes about risk is that it lacks some discreteness of security compliance–it doesn’t lend itself to checklists or paint-by-numbers approaches. This is, overall, a good thing, but can prove challenging for enterprises not ready… Read More
What is Third-Party Risk Management?
In the increasingly interconnected and complex world of business technology, many organizations are grappling with the challenges related to insecure integrations and agreements. The rise of technology service models, managed service providers (MSPs) and SaaS apps introduce compliance and risk management issues almost faster than businesses can keep up. Thus, a new discipline has evolved:… Read More
Why Consider Standards-Based Risk Management?
We’ve previously discussed the importance of risk management, and the challenges that come from approaching risk through large-scale frameworks. According to an abstract framework, many organizations aren’t necessarily equipped to mobilize far-ranging risk assessments. Here, we’ll discuss a compromise to combine the best of both worlds: standards-based risk management.
What Are the Problems with Risk Management?
In our previous article, we discussed the concept of risk management–what it is and why it’s important. However, risk management in cybersecurity isn’t new, and many organizations are working towards normalizing risk as an approach for comprehensive cybersecurity and compliance efforts. While this move is a good one, we also find that many organizations will… Read More
What Is Risk?
Part 1: Risk and Security in Modern Systems “Risk “is a term gaining real traction in any industry where cybersecurity regulations impact businesses. Many frameworks and regulations are turning to risk management as a proactive and comprehensive approach to security management. This shift can mean big changes for enterprises that aren’t generally considering risk as… Read More