article thumbnail

Why organizations need to adopt an Integrated Third-Party Governance and Risk Management approach?

SIG Speaks

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Jai Chinnakonda shares why every organization should adopt integrated third-party risk governance and management into their team structure. A report from Deloitte titled 'Third-party governance and risk management.

article thumbnail

Top 6 notable IT and close-to-IT events of 2023

Vilmate

Today, we want to review the highlights of 2023 and discuss the significant events in the IT world. Web Summit 2023 Web Summit is the biggest and most well-known technology event that has been happening in major European cities for several years. Forbes describes this event as a “rock concert in the field of technology.”

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Secure Is The Data In Microsoft 365?

31 West

Fortunately, Microsoft 365 has built-in automated security solutions that are designed to protect your emails, Microsoft accounts, apps, and devices from unauthorized access. Security Information and Event Management: Microsoft’s Sentinel is a robust security tool, which offers clear visibility into an organization’s security operations.

article thumbnail

Responding to a Crisis or a Force Majeure Event: Making the Case for AI-Led Contract Intelligence

SirionLabs

A force majeure clause allocates the risk of loss if performance is hindered, delayed, or prevented because of an event that the parties could not have anticipated or controlled. Its legal value notwithstanding, a contract safeguards against conflicts and helps mitigate risks. How do organizations safeguard against such risks?

article thumbnail

How to stay on the right side of the latest SEC cybersecurity disclosure rules for a data breach

IBM Services

Responses to the required questions that avoid intensely technical detail will allow for conversations on cybersecurity risks to be more accessible to all parties involved with the company. In fact, the Cost of a Data Breach Report 2023 found that the average cost of a breach climbed to a new high of USD 4.45 million, representing a 15.3%

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Services

Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. By developing contingency plans and resilient supply chains, companies can continue to operate even when unexpected events occur. Because finding the right suppliers can be challenging, some businesses turn to technology to help.

article thumbnail

Simplifying IAM through orchestration

IBM Services

As a result, the interpretation of the varied risk signals is siloed across different events along the digital user journey. This lack of an integrated approach to managing risk along the digital user journey hinders the adoption of continuous adaptive trust principles and adds undue risk into the system.