The Link between Compliance and Risk Management in Cybersecurity 

The Connection between Compliance and Risk Management in Cybersecurity 

In today’s cybersecurity landscape, compliance and risk management are often seen as two sides of the same coin. While compliance focuses on adhering to regulations, risk management involves identifying and mitigating risks to protect an organisation’s digital assets. The interplay between these two areas is critical, as effective risk management supports compliance, and vice versa. Together, they form a robust … Read More

The Importance of Compliance Management for Financial Institutions 

The Importance of Compliance Management for Financial Institutions 

Why Compliance Management is Non-Negotiable  In today’s financial landscape, regulatory compliance is not merely a legal obligation; it is a cornerstone of operational integrity and trust. Financial institutions operate under the scrutiny of stringent regulations designed to protect consumers, maintain market integrity, and prevent financial crimes.   Effective compliance management is essential to navigate this complex environment, mitigate risks, and … Read More

The Role of Compliance in Cybersecurity

The Role of Cybersecurity Compliance

Due to the increase in data protection laws and complex industry-specific regulations, it’s never been as important as it is now to keep on top of compliance. Lawmakers and regulators are not holding back when it comes to imposing fines on organisations that are unable to align their compliance and cybersecurity programs.   By establishing a consistent baseline of minimum security … Read More

A Compliance Officer’s Guide to DORA Regulation: Building Robust Digital Defences in the Financial Sector 

Complaince officer guide to DORA regulation

As a head of compliance in the financial sector, you’re acutely aware that rapid digitisation and evolving cyber threats call for unwavering vigilance. The Digital Operational Resilience Act (DORA), in operation since January 2023 and applicable from January 2025, serves as your guiding beacon amidst the sea of IT and cybersecurity risk management.  DORA and ICT Risk Management At the … Read More

Choosing a compliance framework for your business

Choose compliance frameworks

What is a compliance framework?  In the past decade, a host of data privacy regulations have been introduced to combat the growing risk of cyber threats in today’s increasingly interconnected digital world. Companies must comply with these regulations to secure customers’ personal data – or risk leaving themselves susceptible to data breaches, as well as the financial, legal, and reputational … Read More

What is a COBIT framework?

What is COBIT framework - the guide

Control Objectives for Information and Related Technology (COBIT) is a framework created by the Information Systems Audit and Control Association (ISACA) as a supportive tool for managers. The framework allows for bridging the gap between business risks, technical issues, and control requirements.  COBIT is a globally recognised guideline that can be applied to any industry. The COBIT framework ensures quality, … Read More

What are information security standards? 

What are information security standards

An information security standard is a series of documented processes that define how to implement, manage, and monitor various security controls. As well as providing a blueprint for mitigating risk and reducing vulnerabilities, cybersecurity standards and cybersecurity frameworks typically detail the necessary steps for achieving regulatory compliance.     Let’s look at information security standards, why they’re important, and the consequences of failing … Read More

How does the Digital Operational Resilience Act (DORA) affect you?  

About Digital Operational Resilience Act (DORA)

RiskXchange can help you stay on the right side of data privacy regulations anywhere in the world.  The ever-increasing risk of cyberattack has prompted the EU to adopt a legislation to improve the cybersecurity and operational resiliency of the financial services sector – the DORA act. The Digital Operational Resilience (DORA) Act was implemented to ensure that the European financial sector is able to remain … Read More

How to choose a cybersecurity framework that works for you

How to choose a cybersecurity framework that works for you

A cybersecurity framework provides security teams with a set of standards and a common language across borders and industries to understand security postures. With a cybersecurity framework in place, it can help define the procedures and processes that your organisation must take to monitor, asses and mitigate cybersecurity risk.  Let’s take a closer look at the most common cybersecurity frameworks.  … Read More