Increasing Revenue Opportunities with Cloud Governance
In today’s environment, companies must consistently manage and change their cloud risk posture due to technology changes, federal and state regulations changes, changes in customer expectations, and a variety of external threats. Regardless of where you are on your cloud journey, your organization needs to revisit your cloud governance framework to drive revenue and create […]
5 Enterprise Cloud Security Governance Problems and How to Address Them
https://vimeo.com/539886036 By now, most companies understand the benefits of moving data and applications to the cloud—even if they haven’t made the move yet. They’re likely also aware of the concerns; for example, a 2020 McAfee study showed that external attacks on cloud accounts increased 630 percent in the first quarter of that year. These attacks […]
Top 5 Priorities for First- and Second-Line Risk Managers
https://vimeo.com/497440921/8b9e80e6bd Risk is a given in any business; it’s how companies view it that matters. Those that don’t shy away from focusing on risk can meet challenges head on, prepare for future potential issues, and enhance business processes. The three lines of defense model for approaching risk includes frontline managers who manage risk on a […]
Myriad State Privacy Laws Pose Challenges
https://vimeo.com/420753318/26e0cd15bbCurrently no U.S. federal law exists to govern consumer data privacy, which means states are free to devise their own regulations. The California Consumer Privacy Act (CCPA) is being enforced and no fewer than 25 other states have similar laws in various stages of creation. Though the COVID-19 crisis has slowed down legislative sessions across […]
Building IT Governance to Meet Internal and Regulator Demands
Challenge A large mortgage securitization solution provider needed to build and operationalize IT governance and software development lifecycle (SDLC) processes to support external audits, regulator exams, and quick remediation of SDLC and compliance issues. Solution Established a unified IT governance and SLDC program, which included: Detailing guidelines of roles, responsibilities, policies, procedures, and standards Creating […]
Staying Ahead of Consumer Privacy Data Laws
https://vimeo.com/413680629 Does your company collect data? If so, new privacy laws make it imperative that you understand what can and can’t be done with it. These rapid regulatory changes to how data is used will impact both the overall profitability of data usage, as well as your company’s potential liability. The European Union’s General Data […]
3 Things Every Organization Should Do to Prevent Data Breaches
https://vimeo.com/400267935/1356a249a0News reports of data breaches feel common these days. Banks, corporations, and even the federal government have been victims of hackers due to firewall vulnerabilities or simply not knowing how much and where their sensitive data is stored. While many businesses have a plan in place to deal with security failures, it’s wise to think […]
Complying With CCAR and DFAST Federal Regulations
Challenge A U.S. bank holding company need to comply with the Federal Reserve Bank’s Comprehensive Capital Analysis and Review (CCAR) process and the Dodd-Frank Act’s Annual Stress Test (DFAST) for this client was unmanageable due to its numerous and individually managed risk management offices across the enterprise. Solution Mobilized a team to rapidly implement a […]
Enabling Data Usage While Protecting Against Data Loss Prevention
Challenge A leading financial services company wanted to ensure the continued protection of its data while allowing employees to have more access and visibility into critical data assets. Solution Built a cross-functional team that included collaboration among the CISO, CIO, and CPO, as well as IT, HR, legal, and audit teams, to: Identify and locate […]
