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2022-04-05T07:39:00Z

How important is project management to the execution of cyber security projects?

Syed S - PeerSpot reviewer
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Published:Apr 5, 2022
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2022-04-13T20:12:57Z
Apr 13, 2022
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Shibu Babuchandran - PeerSpot reviewer
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SOC 1 is a financial audit report, SOC 2 is a security and controls report and SOC 3 report is similar to SOC 2 drafted to be presented to a general audience.
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CM
Sep 3, 2022
The difference is how the data is given and exactly what information of the that data is given. And I love that it answered so many questions simply. 
Akitra - PeerSpot reviewer
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SOC 1 is a financial audit report, SOC 2 is a security and controls report and SOC 3 report is similar to SOC 2 drafted to be presented to a general audience.
VictorMelo - PeerSpot reviewer
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Hello peers, I work as a consultant at a financial services company (size: 500+ employees). And I would like to hear about your recommendations on the best solution for Comprehensive Risk Management in financial services? Thanks for the help -- Original question: Cual es la mejor solución para la Gestión Integral de Riesgo Integral en los servicios financieros?
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it_user2268669 - PeerSpot reviewer
Sep 26, 2023
Here are some recommendations for the best solution for Comprehensive Risk Management in financial services for a company with 500+ employees: IBM Operational Risk Management (ORM) Some find IBM ORM a comprehensive solution that helps financial services organizations identify, assess, and manage operational risks. The solution provides a unified view of operational risks across the organization and helps ensure that risks are managed effectively. SAP Risk Management SAP Risk Management is another solution that some find comprehensive. It helps financial services organizations manage various operational, market, and credit risks. SAP Risk Management provides multiple tools and features that allow organizations to identify, assess, mitigate, and monitor risks. Oracle Financial Services Risk Management Oracle Financial Services Risk Management is another comprehensive solution mentioned by others, which helps organizations manage risks, including market, operational, and credit risks. The solution has risk identification, assessment, mitigation, and monitoring features. When choosing a Comprehensive Risk Management solution, one of the most important reminders is to consider your business' specific needs, including business size, complexity, budget, and the types of risks the company faces. It may be best to also go with a solution that integrates well with your business's different systems. Your chosen Comprehensive Risk Management solution should also be easy to use. Choosing a solution that integrates well with your existing systems is also essential.
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Liam Brandt - PeerSpot reviewer
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What role does a cybersecurity services provider play in governance, risk, and compliance (GRC)? As businesses face more cyber threats in our digital world, they must manage risks, ensure compliance with regulations, and establish effective governance practices. Cybersecurity service providers help businesses to achieve their GRC goals. Governance, risk, and compliance (GRC) are critical funct...
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Remy Ma - PeerSpot reviewer
Mar 23, 2023
Cybersecurity services providers are critical in helping organizations manage the complexities of governance, risk, and compliance (GRC). Cybersecurity services help organizations mitigate their risk from cyber threats by providing solutions such as incident response, vulnerability management, network security monitoring, and  Email Cloud Security. These services ensure organizations are able to comply with pertinent regulations, identify and address vulnerabilities, and protect the organization from malware attacks. Moreover, cybersecurity services providers can also help organizations build a comprehensive security plan that takes into account their specific needs and budget. These plans provide management with insights into areas of risk exposure, allowing them to make informed decisions about which security measures need to be implemented in order for their organization to remain compliant. Finally, cybersecurity services providers can help organizations strengthen their ability to detect and address potential threats quickly and effectively. This is done by providing high-quality threat intelligence feeds that supply information on malicious actors and the latest malware variants. These services also allow organizations to develop comprehensive cyber security awareness programs for employees so they are better equipped to spot suspicious activity.
Elvis Moreland - PeerSpot reviewer
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To build business assurance capabilities you have to start with the right People, Process, and Technical Standards. In order to effectively plan, design, deploy, and manage People, Processes, and Technical Standards you will have to utilize a proven GRC control set and framework construct.
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Governance Risk and Compliance: The Role of Cybersecurity Services Providers
What role does a cybersecurity services provider play in governance, risk, and compliance (GRC)?...
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