Imagine steering a ship where the compass and map aren't in sync. You know where you want to go, but aligning your direction with your destination is a challenge. That's often what it feels like when Governance, Risk, and Compliance (GRC) strategies operate separately from Ethics & Compliance (E&C) Learning programs. Risk and compliance teams now average 15 people and continue to grow. Yet, the drive to ...
Building a resilient supply chain with CPS 230 APRA CPS 230 compliance is more important than ever with over 75% of software supply chains having faced cyberattacks in the past 12 months. Furthermore, nearly three-quarters of these breaches originated from third parties that organizations were either unaware of or did not actively monitor. The Australian Prudential Regulatory Authority is just one of many regulators seeking ...
Building your data-driven approach to risk analysis As of January 1, 2024, the German Supply Chain Act (LKSG) governed by the Federal Office for Economic Affairs and Export Control mandates that companies in Germany with over 1,000 employees comply with obligations aimed at ensuring responsible supply chain management. With more organisations than ever feeling the pressure, leveraging data is the greatest way to identify, assess ...
With the European Commission (EC) accelerating the adoption of “advanced technologies”, innovation is rapidly rising, but in turn has resulted in significant increase in cyber threats. To combat this, the pressure is on for firms to adopt the NIS2 directive, which mandates stringent security measures, risk management protocols and incident reporting standards, collectively enhancing protection of critical infrastructures and sensitive data. Ultimately minimizing the risk ...
Corruption scandals, human rights violations, and ethical breaches have historically marred significant global sporting events. With France hosting the 2024 Olympics, they present a crucial opportunity to redefine the conversation on ethics in megasports. The event showcases an innovative and thorough strategy for handling corruption risks - establishing a fresh benchmark for upcoming Olympic hosts. (For more, check out our Paris 2024 Olympics campaign that ...
As global supply chains become increasingly scrutinized, understanding and meeting the German Corporate Due Diligence Obligations in Supply Chains act (CDDOSC) is more critical than ever. By complying, businesses not only adhere to legal requirements, but also build a resilient, ethical, and competitive presence in the global market. In this eBook we break down how organizations operating in Germany should approach their responsibilities regarding human ...
Earlier this year, the Institute of Internal Auditors (IIA) concluded a multi-year initiative to overhaul the Global Internal Audit Standards. First published on January 9th 2024, the new standards capture the global regulatory sentiment around the need for operational resilience. In this whitepaper, we explore the role of internal audit as it pertains to global operational risk mitigation, with a focus on some key risk ...
Watch our on-demand webinar as we partner with the PRMIA to delve into the strategies and insights essential for fortifying your organization's internal controls amidst the shift to remote work. In today's dynamic environment, maintaining robust internal controls is paramount. Upcoming developments such as the SEC's Cybersecurity Rules & the EU's Cybersecurity Act are another example of how internal controls need to align with business ...
Introducing the 2024 Governance, Risk & Compliance Benchmark Report SAI360 is excited to bring you our 2024 GRC Benchmark Report as part of a co-creation between The Hague University of Applied Sciences, Johnson Controls, Thought Leader Global and SAI360. The survey objectives are not only to understand current practices, but also to facilitate a comparative analysis across organizations, providing a basis to benchmark corporations that ...
With organizations always looking to scale, the interactions between staff, vendors, and deals become multifaceted. These interactions pose a significant risk due to potential unethical decision-making when conflicts of interest arise. To mitigate these risks, organizations are expected to have robust policies in place that cultivate trust and transparency for stakeholders. Failing to do so can have vast repercussions when it comes to reputation, integrity, ...
