Acknowledging the invaluable role of spreadsheets in managing Governance, Risk, and Compliance (GRC) tasks over the years is like tipping our hats to a steadfast companion. These trusty tools have been the go-to for many organizations, embedded so deeply that a 2020 Forrester Research study revealed that 82 percent still rely on spreadsheets for handling third-party risk. And undeniably, they’ve served their purpose to a certain point.

For many organizations, the transition to the cloud for data storage is inevitable. Whether shifting operations entirely to a cloud environment or modernizing your systems using cloud-based applications, you must choose the best cloud computing platform with the best cloud security for your compliance program.

In today’s complicated, highly interdependent business environment, assuring business security is not just a regulatory requirement. It’s also a vital component of a successful business strategy. Automation becomes crucial in such a world, offering innovative solutions that streamline operations, mitigate risks, enhance overall safety, and provide peace of mind.

Conventional cybersecurity management solutions are becoming outdated, unable to handle the exponential growth of sophisticated security threats. Plus, financial and talent constraints impede the ability of security teams to expand. Given those difficult circumstances, how can security teams improve their capacity to minimize data breaches even amid today’s increasingly complex attack surfaces? Enter cybersecurity automation.

The United States enacted the Federal Information Security Management Act (FISMA) in 2002 as part of the E-Government Act of 2002 to enhance the administration of electronic government services and operations, and since has been amended by the Federal Information Security Modernization Act of 2014 (FISMA 2014). This law requires federal agencies to develop, implement, and maintain an information security program to protect the sensitive data they handle.

Managing risk is a complicated task because modern organizations have so many risks to address. One way to track all those risks is via a risk register — essentially, a catalog of your company’s risks and how you’re trying to manage them. This article serves as an introduction to risk registers: what they are, how they can help your risk management program, and what you should consider as you’re evaluating various risk register products before you buy one.

According to the Flexera 2021 State of the Cloud Report, the cloud has already become “mainstream,” with organizations in almost every industry migrating into it in increasing numbers. Cloud migration refers to moving an organization’s digital assets from legacy, “on-premise” (on-prem) infrastructure to the cloud. That would include IT assets such as: Soon, 59 percent of organizations plan to focus on cloud migration.

Every IT organization focuses on incident prevention, as even the slightest “situation” involving security breaches, system outages, or other significant incidents can significantly damage a company’s reputation. This slippery slope erodes client trust, hinders sales, and chips away at your customer base.

Even before the pandemic forced most of us to shop online, we were already heading in that direction — an easy transition considering that, according to Experian, each U.S. consumer carries an average of four credit cards from which to choose. However, this increase in credit card usage also brings more significant risks associated with collecting customer data.

Audits are independent assessments of the security of sensitive data and computer systems or a company’s financial reporting. Audits can be time-consuming and often feel peripheral to most people’s daily workload – but they are crucial exercises. Hence, it’s essential to establish an audit management process.