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
Top Risk Management Strategies from Cybersecurity Experts
The Urgency of Effective Risk Management Strategies In an increasingly digital world, the landscape of cybersecurity is continuously evolving, making cyber risk management a top priority for organisations across all industries. As cyber threats become more sophisticated, the need for robust risk management strategies becomes more pressing. The consequences of failing to manage these risks can be severe, ranging from data … Read More
Vendor Risk Management Framework – The Key to Effective VRM
While cooperation between businesses has long been essential for an economy to function and thrive, in the digital age, companies are more interconnected than ever. Additionally, in today’s competitive landscape, companies must concentrate on their core competencies while leveraging third-party vendors’ expertise by outsourcing particular business functions. However, while this has numerous benefits, including increased efficiency, productivity, and cost-effectiveness, this … Read More
What Is the CIA Triad Security Model?
While a company’s information security controls and policies aim to keep its sensitive data secure, what does that mean in practice? Or, put another way, how can security teams determine whether the information and assets under their purview are actually secure? Confidentiality, integrity and availability, collectively known as the CIA triad, is a model designed to guide a company’s information … Read More
Choosing a compliance framework for your business
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?
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 is the NIST framework?
RiskXchange will not only help you understand the NIST framework but will find a cybersecurity framework that works for you and your business. Published by the US National Institute of Standards and Technology (NIST), the NIST cybersecurity framework is a set of guidelines used for mitigating organisational cybersecurity risks. The framework is based on existing guidelines, standards, and practices. The NIST framework provides … Read More
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
Why you should choose an Integrated Risk Management approach
Why do we need to talk about an Integrated Risk Management now? When the options for digital solutions were relatively limited and technological advancement moved at a slower pace, risk management was largely determined by compliance. Additionally, as each team or department within an organisation was the best authority on how to achieve regularity compliance, they could be left to … Read More
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