What Type of Businesses Need to Comply with PCI DSS?
What Type of Businesses Need to Comply with PCI DSS? March 21, 2024 Compliance | Design | Managing the Risk Assessment | Regulatory Compliance | Risk Assessment | RiskWatch Blog The Payment Card Industry Data Security Standard (PCI DSS) is a set of security controls designed to ensure that all companies that accept, process, store, […]
The Importance of Risk Monitoring
The Importance of Risk Monitoring August 13, 2021 Design | Managing the Risk Assessment | Risk Assessment | Riskwatch Blog Risk Monitoring Overview Risk monitoring is a crucial step in the total risk management process. Unfortunately, there is never a true end to the risk management process; risk monitoring will always be necessary to understand […]
Risk Scoring Methodology
Risk Scoring Methodology July 31, 2019 Corporate Security | Design | Risk Assessment | Riskwatch Blog What is Risk Scoring? Risk scoring is the process of attaining a calculated score that tells you how severe a risk is, based off of several factors. Without a standard model for risk scoring, risk and security teams would […]
How to Allocate Resources
How to Allocate Resources April 16, 2021 Design | Risk Assessment & Compliance | Riskwatch Blog What is Resource Allocation Resource allocation, in the scope of risk management, is the process of how an organization distributes its resources across the company for specific uses. This includes assigning personnel to specific tasks or projects, machines or […]
What is GDPR?
What is GDPR? September 22, 2021 Compliance | Design | Riskwatch Blog GDPR Defined The General Data Protection Regulation (GDPR) is a data privacy and security law that was passed by the European Union back in 2018. It quickly made its reputation as one of the toughest laws for its scope and also for its […]
What is GRC?
What is GRC? September 14, 2021 Design | Regulatory Compliance | Risk Assessment | Riskwatch Blog GRC Defined GRC is an acronym for governance, risk, and compliance; it’s a term that refers to an organization’s strategy and management for each of those three components. GRC is a structured approach to managing these various aspects of […]
Developing an Action Plan for Cyber-Physical Systems
Developing an Action Plan for Cyber-Physical Systems March 24, 2021 Design | Risk Assessment & Compliance | Risk Management | Riskwatch Blog Developing an action plan for cyber-physical systems is an integral part of a complete risk management program that continues to grow in importance. According to Gartner, “By 2023, 75% of organizations will restructure […]
Eco-Friendly Risk Management Practices
Eco-Friendly Risk Management Practices January 7, 2021 Compliance | Design | Risk Management | Riskwatch Blog How can we make eco-friendly business decisions that also benefit risk management goals? This is a question a lot of companies are asking lately, for several reasons. Many companies feel a responsibility to minimize their contribution to global warming; […]
Should You Use Spreadsheets for Risk Management?
Should You Use Spreadsheets for Risk Management? November 5, 2020 Design | Managing the Risk Assessment | Risk Assessment & Compliance | Riskwatch Blog Managing risk is an essential component of every organization accomplishing its key objectives effectively. Risk management not only requires a reliable process to capture risks, but also needs a method to […]
What Is Risk Management?
What Is Risk Management? January 30, 2020 Design | Managing the Risk Assessment | Risk Assessment | Riskwatch Blog | Uncategorized Risk Management Overview Risk management is the process of identifying, assessing, and controlling risks. This is crucial to the success of an organization as it impacts decision making and influences response to different incidents. […]