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7 Steps to a GRC Risk Management Framework – 6: Enterprise Risks & Controls
The importance of documenting enterprise-wide processes, risks and controls
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Risk Intelligence Reveals Opportunity for Competitive Advantage
Risk intelligence measures an organization’s understanding and implementation of risk management strategies, which are essential to gaining a competitive advantage in any industry. However, after indexing nearly 400 organizations, RSA concluded that less than 10 percent of companies have a risk management strategy that is mature enough to be considered “advantaged.”...
The RSA Archer Business Risk Management Reference Architecture
Business Risk Management requires an integrated, strategic approach
Capture the Prize
Risk is the effect of uncertainty on objectives. Managing risk well increases the certainty that objectives will be achieved. Not surprisingly, organizations leading in risk management “capture the prize”. According to a PWC Risk Review, organizations more frequently achieve their objectives, are more profitable and less likely to experience a negative profit...
Cyber Risk Appetite: Defining and Understanding Risk in the Modern Enterprise
In April, I wrote two blogs (How Hungry… and Appetite and Exercise) on the concept of risk appetite. I highlighted the fact that organizations must take on risk to drive growth within the business. That risk must be balanced with activities to manage the risk within a tolerance that is acceptable to the organization. Some...
Seven Habits of a Risk Ready Digital Enterprise
Prepare for the inevitability of the board discussion on risk.
Third and Fourth Party Risk Management: Access-as-a-Risk
By now, we all know that vendor engagement is key to business sustainability. Organizations cannot focus on their core business without outsourcing non-critical functions to third parties. From a 20,000 foot view, third party management becomes an operational activity governed through contracts, engagement analyses and effective risk management. Where organizations...
Who to Trust? Effectively Assessing Third-Party and Vendor Risk
assessing third party risk
7 Steps to a GRC Risk Management Framework-7: Provide Visibility
The final step in building a GRC Risk Management framework
Announcing RSA Archer GRC 6.1
RSA Archer GRC 6 (6.0) was launched in November 2015 under the theme “Inspire Everyone to Own Risk.” GRC 6 focused on providing organizations with an industry leading GRC platform to transform risk management by engaging everyone within an organization in the risk process. Today, organizations must implement the “three lines of defense,” making risk...
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