Posts by: Ben Lack

Applying Big Data to Risk Management

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The era of Big Data is here. Information now exceeds fantastic proportions, globally measured in zettabytes (each zettabyte is a billion terabytes) and growing at an exponential rate that defies comprehension. According to the IDC, global data is expected to grow from 23 Zettabytes (ZB) in 2017 to 175 ZB by 2025. And depending on your industry and specific organization, you likely have plentiful external and internal data sources readily available for mining, applying predictive analytics and creating viable projections. Leveraging data allows companies the ability to improve income streams, more effectively direct operations and enhance the customer experience. Overall your organizational health improves dramatically when data is accurately assessed. But big data also is a powerful – and vital–tool…

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How to Manage Technological Risks?

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In all sectors, technology has become a vital aspect of operations and has transformed the workplace, but that dependence on technologies also poses a threat to organizational wellbeing. Data breaches, system failures, malicious attacks–as well as natural disasters that impact technologies–can wreak havoc on company reputations, regulatory compliance and fiscal health. In some cases, the damage from these events is irreversible or long-term. A proactive strategy to mitigate tech risks are foundational aspects of operations. Your company needs such a plan that prevents, responds and continuously monitors for these risks. Monitoring and Managing Risks in Technology The adage, “An ounce of prevention is worth a pound of cure,” is entirely applicable to monitoring and managing tech risks. A whole-organization system…

Out of Order: 5 Compliance Projects Gone Terribly Wrong

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managing third party risk

No one wants to admit that compliance can go horribly wrong, but it does happen. If you’re worried about how to handle a problem, Reciprocity’s seasoned GRC experts can assure you they’ve seen it all. In this webinar, Matt Kelly, Editor of Radical Compliance talks with our own Aaron Kraus, Dave Schmoeller, and Dave Driggers as they share their stories of working on implementing compliance projects, how projects can detour, and what compliance executives should focus on during GRC implementation.   Aaron Kraus Reciprocity’s director of GRC security has consulted in every field necessary including government, financial services, and healthcare in a variety of roles including designing, implementing, and auditing. He’s also experienced in teaching CISSP exam preparation, Mac OSX,…

Webinar Recording Now Available – 6 Time Saving Steps to Simplify Your GRC Strategy

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6 Time Saving Steps to Simplify GRC

Last week, we hosted a webinar titled “6 Time Saving Steps to Simplify Your GRC Strategy.” Edgile GRC Partner, Kevin Burman and Reciprocity GRC Expert Dave Schmoeller talked about how to set up your GRC program for success and gave some time saving tips to give you better visibility into your organization’s risk and a stronger justification of your compliance budget. Some key highlights from the discussion: Remember that GRC should be technology-agnostic. The program you build to manage GRC is then enabled by technology, not driven by technology. The first step is to architect your business processes and define your goals, and then choose a technology designed to help you meet those goals. The overall objective is to have…

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“Competent Compliance” Webinar Recording Now Available, Learn How to Move Beyond Spreadsheets

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Audit Requirements for public companies

Last week, Reciprocity’s resident GRC expert, Aaron Kraus hosted a webinar along with Tim Schmutzler, who heads up the GRC practice at OneGlobe. Titled “Competent Compliance: 3 Ways to Move Beyond Spreadsheets,” Aaron and Tim talked about how to overcome the early hazards of running a compliance program, the pitfalls of Microsoft Excel as a compliance tool, and when and how to move to a cloud-based GRC tool. Some key highlights from the discussion: Every compliance program will eventually outgrow Excel. While Excel has many strengths, it wasn’t meant to manage compliance initiatives. As your program grows in scope and complexity, your manual, spreadsheet-based system will become unmanageable. You CAN manage your compliance program more efficiently with these three easy…

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Join Our Live Webinar – Competent Compliance: 3 Ways to Move Beyond Spreadsheets

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Register for the Competent Compliance webinar

Some companies can get away with using an Excel spreadsheet to track simple compliance requirements. While Microsoft Excel is flexible and powerful, it’s not designed to track compliance initiatives. As organizations mature, companies move away from Excel and towards a compliance software solution. And knowing when you need to make the leap to a more sophisticated compliance management process and comprehensive GRC tools can make a huge difference in terms of audit costs and a pass or fail outcome. What are the signs that using spreadsheets to track your compliance program has become totally impractical? And how do you know when you’ve outgrown Excel? Join Aaron Kraus, Head of GRC Services for Reciprocity, and Timothy Schmutzler, Global Practice Director at…

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Get your Quick Guide to ZenGRC

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Guide to ZenGRC

Many companies don’t have the time or the budget to properly handle their compliance needs. Traditional compliance software is complex and expensive, but trying to manage compliance with spreadsheets, emails, documents and manual processes is frustrating and inefficient. Enter ZenGRC, a user-friendly GRC tool designed to help you build a scalable, cost-efficient compliance program with minimal setup time and no hassle. If you’re ready to solve your biggest compliance headaches with an easy-to-use, affordable GRC solution, check out our Quick Guide to ZenGRC and learn how we can help you turn corporate compliance from a cost center into a strategic asset. Get your Quick Guide to ZenGRC now!

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