Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

RiskOptics

Enhancing Vendor Relations: Strategies for Direct Communication

Most businesses depend on their supply chains for success — but as the Covid-19 pandemic painfully demonstrated, few companies have a full grasp of their supply chain risk and know how to manage that risk well. One crucial issue is how you communicate with your vendors; vendor communication is a vital part of the procurement process. In this article we’ll explore several strategies for efficient and effective communication and how you can implement them.

Securing Your Systems: A Deep Dive into SOC 2 Systems Security

Organizations are responsible for safeguarding sensitive data in their possession (including customer data) and maintaining a strong cybersecurity posture. One way to do this is by implementing the SOC 2 standard, developed by the American Institute of Certified Public Accountants (AICPA) as a comprehensive framework to evaluate your internal controls for data security and privacy.

Why PCI 4.0 Matters: A Deep Dive into Its Importance

The Payment Card Industry Data Security Standard (PCI DSS) is a crucial security standard for protecting personal data during credit card transactions — and managing PCI compliance is essential for businesses that handle such data. The latest PCI DSS standard, Version 4.0, goes into effect March 2024. Organizations will need to adapt to new requirements and maintain compliance to safeguard sensitive information.

Cross-Mapping and GRC Compliance

As businesses grow, they encounter more regulatory requirements — and soon enough, those requirements can feel like a straitjacket of overlapping obligations. The way to wriggle free from that straitjacket is to develop strong governance, risk, and compliance (GRC) capabilities. One important GRC capability is control mapping: mapping various regulatory requirements to specific controls your business does (or does not yet) have, so that you can see where you need to introduce new controls.

Mastering User Entity Controls: A Guide to Complementary Strategies

Complementary user entity controls (CUECs) are essential to any SOC 2 compliance project report. These controls help to confirm the service provider’s system is secure by outlining responsibilities that the client (that is, the user) must undertake as well. Developing strategies to identify, map, and monitor CUECs is crucial for organizations that rely on Software-as-a-Service (SaaS) providers as part of their vendor management process. You won’t be able to manage privacy risks without them.

How to Automate Triggers Based on Expiration Dates

Organizations must stay on top of compliance deadlines and expiration dates. Failure to meet these deadlines can lead to costly penalties, reputational damage, and legal consequences. Fortunately, automated tools can help streamline compliance processes and assure that important deadlines are never missed. In this blog post, we’ll explore how to automate triggers based on expiration dates and the benefits such automation can bring to your organization.

What is a Data Subprocessor? The Data Processing Chain Explained

Modern digital supply chains are complicated. As ever more businesses outsource ever more business functions to focus on their core responsibilities, those chains stretch around the world and involve ever more links. This has significant economic, security, and privacy ramifications. Tracking the movement of personal data across digital supply chains is difficult— but it is decidedly not optional.

Post-SOC 2 Gap Analysis: Next Steps for Full Compliance

Achieving SOC 2 compliance demonstrates to customers that your organization takes data security and privacy seriously. The journey to achieve SOC 2 compliance, however, is not easy. For example, when you perform a preliminary assessment to determine your current state of security, you’re likely to find multiple gaps between that current state and what SOC 2 standards expect you to have. You’ll need to close those gaps to achieve full SOC 2 compliance.

Best Industry Practices for Maintaining SOC 2 Compliance

As data breaches and cyberattacks become more widespread, most businesses are making information security and data privacy a top priority. That means they want to know whether your business can be trusted with their sensitive information. SOC 2 compliance is one of the most effective methods to instill that confidence.