Governance, risk management, and compliance (GRC) are crucial activities for any modern organization. Implementing an effective GRC program, however, is easier said than done. The first and most critical step: defining clear roles and responsibilities so people know what they’re supposed to do to further your GRC A well-structured GRC team facilitates collaboration across departments, leverages cross-functional expertise, and drives consistency in managing governance, risk, and compliance.

‍ Today, cybersecurity is evolving into cyber risk management. The last few decades of immense technological and digital transformations have meant that, to a large extent, a business’s ability to be resilient is dependent on a reliable, free flow of data and on technology functioning without interruption. This shift has profound implications for the global economy’s ability to remain stable. ‍

In today’s digital age, ransomware attacks have emerged as one of the most formidable threats to organizations worldwide. These malicious software attacks encrypt files on a device, rendering them inaccessible to users, and demand a ransom for decryption keys. The impact of ransomware can be devastating, leading to significant financial losses, operational downtime, and reputational damage.

To optimize compliance management within an organization, it’s crucial to select the right governance, risk, and compliance (GRC) software for your business. This guide will review the importance of GRC software, how it helps with compliance management, what essential features to look for, and which GRC solutions are top-rated for 2024, with a special focus on ZenGRC as a leading option. GRC software plays a pivotal role helping businesses navigate the modern risk management landscape.

What you should know about the SEC's new rules on risk management and incident reporting.

The rise of remote learning has motivated cybercriminals to advance their assault on the education sector. In 2022, cybercriminals deployed more than 2200 attacks against higher education institutions every week, a 44% increase compared to 2021 (Check Point, 2022). Risk professionals attribute this increase to various factors, including the structure of remote learning environments.

Like most high-performing organizations, higher education institutions often utilize third-party vendors to outsource key services, such as data management and research initiatives. This reliance on third-party vendors can lead to various risks, including data privacy vulnerabilities, compliance issues, and operational disruptions. Therefore, universities must implement advanced vendor management processes to mitigate these risks.

Semgrep is a leading static application security testing (SAST) tool powered by an open-source community for surfacing bugs, discovering vulnerabilities, and enforcing code standards. Semgrep has scanned over 75 million packages, contributed to 2000 community rules, and supports over 30 coding languages. Riscosity is the leading data flow observability and security platform. This is why we’re excited to announce Ricosity’s new integration with Semgrep.

As organizations increasingly rely on third-party service providers for critical business functions, evaluating and monitoring those providers’ SOC 2 reports have become an important part of vendor risk management.

As cybersecurity leaders, we're all too familiar with the challenges posed by Shadow IT—a persistent thorn in the side of IT and security teams worldwide. And when high-profile supply chain attacks make headlines, the urgency to understand our reliance on third parties becomes all too real.