RiskWatch Product Breakdown
RiskWatch Product Breakdown October 19, 2021 Risk Management | RiskWatch Blog RiskWatch Introduction Thank you for taking the time to read about RiskWatch! Every so often, for the sake of clarity, we like to post a recap of who we are and the products we offer. Since 1993 we’ve been in the business of reducing […]
California Oil Spill
California Oil Spill October 8, 2021 Managing the Risk Assessment | Natural Hazards | Oil & Gas | Riskwatch Blog Late last week on Friday, October 1st, a major oil spill occurred off the coast of Southern California. An estimated 126,000 gallons of oil had spread across 13 square miles of the Pacific Ocean, sending […]
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 […]
What is Risk Management Software?
Risk Management Software August 24, 2021 Risk Management | Riskwatch Blog What is Risk Management Software? Risk management software is a necessary tool that aids companies in preventing or managing a variety of risks. These risks include, but are not limited to, financial risk, physical security risk, cyber risk, compliance risk, operations risk, third-party risk, […]
Financial Risks That Could Be Present in Your Supply Chain
Financial Risks That Could Be Present in Your Supply Chain July 19, 2021 Financial Services | Riskwatch Blog One of the most difficult parts of running a business includes the dependency you have on other people. You depend on your employees to pull their weight and you depend on other companies to help you manufacture, […]
Increased Regulations for Financial Institutions
Increased Regulations for Financial Institutions July 14, 2021 Compliance | Financial Services | News Room | Riskwatch Blog On June 30th, 2021, the U.S. Department of the Treasury released a set of national priorities in a document titled ‘Anti-Money Laundering and Countering the Financing of Terrorism National Priorities.’ These priorities are aligned with the 2018 […]
Outsourcing Risk Management
Outsourcing Risk Management June 17, 2021 Compliance | Risk Assessment | Risk Management | Riskwatch Blog Outsourcing is a business practice of hiring a third party to perform services or create goods that otherwise could be performed in-house by the company’s existing staff. This applies to a wide range of industries and use cases. Examples […]
McDonalds Data Breach and Cybersecurity
McDonalds Data Breach and Cybersecurity June 14, 2021 Cyber Security | Cyber Threats | News Room | Riskwatch Blog McDonald’s has just recently suffered a data breach, proving once again that gaps in security can exist for companies of any size. This incident is a great reminder to reassess your company’s cybersecurity efforts and check […]
Colonial Pipeline Ransomware Attack
Colonial Pipeline Ransomware Attack May 18, 2021 Cyber Security | Emergency Preparedness | Riskwatch Blog In May of 2021, the United States experienced what many are referring to as the largest cyberattack to ever take place on an American energy system. The cyberattack left a major US oil pipeline offline for several days, causing a […]