Public sector organizations rely on third-party services to improve efficiency, enhance cost effectiveness, and meet the needs of their stakeholders. However, third-party services also pose unique risks to organizations operating in the public sector. Public sector organizations need the tools Read More …
Category: Enterprise Risk Management
How to manage third-party risk in the public sector
Gartner Survey Shows Third-Party Risk Management “Misses” Are Hurting Organizations
Enterprise Risk Management Teams Need a Better Approach to Third Parties Enterprise risk management (ERM) teams are struggling to effectively mitigate third-party risk in an increasingly interconnected business environment, according to Gartner, Inc. In a Gartner survey of 100 executive Read More …
Three Ways To Shore Up Your Risk Management Practices
Mitigating financial risk is an integral part of running a successful enterprise, even if most within an organization don’t fully know what it entails. That’s because risk management is often seen by some within an organization—executives included—as a process that Read More …
5 Strategies To Lower Risk To Your Business’s Reputation
Reputation plays a major role in businesses’ survival. Just look at the fallout for Facebook when news broke in 2021 about an internal study showing the negative impact of Instagram on teens’ mental health. The stock price plunged 20 points after the whistleblower report. Read More …
How organisations can manage supply chain cyber risk and increase their resilience
Supply chain cyber risk is a mounting issue for organisations across the globe. In the wake of high-profile supply chain breaches, organisations are waking up to the risks associated with third parties. Worldwide disruptions associated with the pandemic have only Read More …
Unsecure Messaging Platforms Put Enterprises At Risk For Huge Financial Burden
For a long time, banks and financial institutions have been naive about their communication practices in the workplace. These less-than-optimal choices have not gone unnoticed by government factions, and some industry leaders are now facing multi-billion-dollar fines from the U.S. Read More …
Unlocking Business Growth in India with 360-Degree Risk Assessment: Government Holds Key to Data Implementation
Companies have become increasingly concerned with accurately assessing their business health in recent years. In today’s rapidly changing business environment, traditional methods such as relying solely on one year’s worth of a business’s financial data are no longer adequate. The Read More …
Enterprise AI Is Moving Beyond Data Science And Into Every Decision
Business intelligence and analytics are a powerful force in driving decision-making and giving companies a central engine for data on business KPIs. With adoption of self-service options and integration of data from a growing number of sources over the past Read More …
Futurex Unveils Top Enterprise Data Security Predictions for 2023
Futurex, a leader in enterprise-class data security solutions, unveiled its top data security predictions for 2023 and beyond. The predictions investigate emerging trends in cryptography that lie at the heart of network protection innovations and developing issues as more devices Read More …
Top 5 Strategies to Improve Enterprise Spend Management
In contrast to traditional account payable management, the enterprise spend management strategy focuses on regulating and improving how the firm spends money. An effective enterprise spend management strategy assists enterprises to optimize their expenses by enhancing processes and supplier relations, Read More …