GRC, which stands for Governance, Risk, and Compliance is widespread in the cybersecurity space today. This is as a result of industry standards organizations and governments responding to data breach landscape. The new requirements of compliance are crucial in the creation of a … [Read more...]
How a San Diego Business Lawyer Can Help Business Owners
Image source: Unslpash Every company in San Diego will need legal representation. The purpose of this is to help business owners in solving legal problems. Business owners will need a San Diego business lawyer to help them understand these problems. They may arise in the … [Read more...]
What is ERM?
ERM is an acronym for “enterprise risk management” and refers to the processes put in place to minimize internal and external threats that a business may face. According to the Committee of Sponsoring Organizations of the Treadway Commission (COSO), ERM includes all the steps … [Read more...]
Risk Management for the Insurance Industry
Image source: Pexels While homes, vehicles, and other personal assets can be insured, the sensitive data collected by insurance companies cannot. Indeed, insurers collect many different types of personal data when determining how much a customer should pay in premiums. From … [Read more...]
Risk Tolerance versus Risk Appetite
Image source: Pexels Even though risk tolerance and risk appetite are used interchangeably in most cases, they are different from one another by a certain degree. With many standards and regulations focusing on the process of risk management, only a few of them define clearly … [Read more...]