Can Governance, Risk, and Compliance (GRC) technology help banks build an ethical culture and combat the global Banking crisis? Last summer, a wave of panic took over the global banking sector. Many factors were at play, from Europe’s negative interest rates to Asia’s rapid digital transformation. Taken together, these factors shape a broader, globally interconnected banking narrative. One worth paying close attention to. As highlighted ...
Governance, Risk, and Compliance (GRC) privacy challenges carry immense weight in our interconnected world, especially as organizations strive to protect personal and business data. (Consider how, for instance, even a car’s license plate can now become personally identifiable information.) Organizations spend a significant amount of time and effort solving ongoing challenges to safeguarding the privacy of individuals and businesses. Below we highlight a few key ...
Risk management is not just about managing potential threats. It’s about identifying and seizing new opportunities. This approach requires a dynamic and well-informed strategy that both aligns with an organization’s ever-changing goals and the pace of an ever-evolving market where the only thing constant is rapid change. To dive deeper into this topic, SAI360’s webinar—Risk Management Tips to Help Your Organization Succeed—featuring Scott Cogan, SAI360’s ...
It’s a popular reality TV show format: contestants are stranded together—perhaps on a remote desert island, for example—to compete in a variety of challenges to try and win things like rewards, immunity, and a large cash prize. This is, of course, while all at the risk of being eliminated at any stage in the game. Popular reality competition TV shows like this offer a compelling ...
October is recognized globally as Cybersecurity Awareness Month to spotlight the importance of cybersecurity and the role each individual plays in safeguarding digital assets. SAI360 participates in Cybersecurity Awareness Month by highlighting for employees and customers the need for continuous learning in the realm of cybersecurity. The Integral Role of Learning in Cybersecurity As cyber threats become more sophisticated, the need for up-to-date knowledge and ...
It was a dark and stormy night. A Canadian electricity transmission company lost $24 million by bidding on unnecessary transmission routes. The reason? A simple spreadsheet error as a result of a copy-and-paste Excel mishap. Want another scary tale? You can still hear the screams from a large U.S. manufacturer who realized a spreadsheet typo led to a $11 million severance overpayment. The Frightening Reality ...
Latest capability added to SAI360 automates Emissions Management as businesses look to demonstrate greater and sustainable environmental performance management.
In today's digital age, three things are impossible to avoid: death, taxes, and data breaches. Organizations face the complexities of incident management strategies daily, and addressing these three certainties remains a key operational imperative. On that note, in the webinar Death, Taxes, and Data Breaches, Kelvin Dickenson, SAI360’s Senior Vice President and General Manager of GRC, Greg Sikes, Vice President of Product at RadarFirst, and ...
GRC integration is critical to organizational success. In today's rapidly evolving business landscape, organizations face the ongoing challenge of establishing robust governance, managing risks effectively, and ensuring regulatory compliance. GRC tools help organizations manage and align efforts, ensuring adherence to legal, regulatory, and ethical standards while mitigating risks. GRC harmonization and integration are critical to streamlining these efforts and enhancing overall efficiency. For those organizations ...
One of the most significant workplace developments in recent years is the increased focus by the Department of Justice (DOJ) on corporate culture. In short, the DOJ has recently cracked down on corporate misconduct and now considers corporate culture to be a key factor in evaluating whether an Ethics and Compliance (E&C) program is effective. The DOJ is now increasingly focused on holding companies—and ...
