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Inherent Risk vs. Control Risk: What’s the Difference?

Inherent risk and control risk are two of the three parts of the audit risk model, which auditors use to determine the overall risk of an audit. Inherent risk is the initial risk related to ...
April 30, 2024
Article

What Is Meant by Risk Evaluation?

Risk management is a crucial part of new projects businesses undertake to support growth. A strong risk management process helps organizations to assure that they comply with all applicable ...
January 25, 2024
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Cyber Insurance 101: 5 Things Senior Management Needs to Know

Cybercriminals constantly find new ways to circumvent corporate defenses, and just about every business falls victim to an attack sooner or later. Hence cyber insurance has become a lucrativ ...
August 18, 2023
Article

Key Steps to Manage Operational Risk

As the repercussions of the Covid-19 pandemic linger, many organizations are still concerned about the pandemic's long-term effect on business operations, continuity, and service delivery. ...
March 23, 2023
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Risk Assessment Methodology for Information Security

If your IT stakeholders want a stronger grip on cybersecurity and compliance risk, performing an information security risk assessment is where you begin. This post explores the methodology o ...
March 20, 2023
Article

The ISO 31000 Risk Management Process

ISO 31000 is an international standard for risk management. It's intended to help organizations (of any industry) with decision-making, risk analysis, and risk treatment. Fundamentally, t ...
February 8, 2023
Article

Security Posture: Definition and Assessments

For most companies, determining acceptable levels of risk is a subjective exercise. The decision typically rests on the ethos of senior leadership: Are they growth-oriented risk-takers, or m ...
January 3, 2023
Article

Protecting Your Corporate Website as an Enterprise Risk Management Strategy

Organizations often view their websites as simple business cards that give customers information. Protecting your corporate website as an enterprise risk management strategy can keep your da ...
September 30, 2022
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