iTech Blog - Solutions & Insights From Tech Industry Leaders

Technology stands at the core of virtually every company and its operations. Flip a switch and you’ll find that most businesses are left to tread water. As such, few would dispute that their technology is mission-critical — to say the least. Yet if we examine IT from a perspective of risk management and overall business […]

The financial sector has a broad and multifaceted risk management landscape where environmental social governance (ESG) principles reign with great prominence. The newest generation of investors has placed tremendous emphasis on socially-conscious and environmentally conscious companies, with their ESG-friendly governance practices and protocols. The ever-increasing emphasis on environmental and social governance issues has prompted investment […]

Investment banks must consider a broad and multi-faceted range of factors in the normal course of business. Recent years have seen even more emphasis on a company’s impact on the environment and society as a whole. Beyond this, there is also a growing emphasis in the area of governance; specifically, an organization’s policies and practices […]

Financial services companies routinely confront a variety of risk factors, threats, and vulnerabilities as part of their risk management and mitigation efforts. In fact, the financial sector is amongst the most highly targeted by criminals and it’s amongst the most highly regulated in terms of regulatory compliance. Beyond all of this, there is also the […]

The mortgage and lending sector operates within a very complex risk management landscape — a landscape that becomes increasingly complex when you add in the issue of risk management. For lenders and mortgage firms, third-party vendors are an important consideration when examined within the context of risk management. But what happens if a firm’s leadership […]

Third-party risk management — or TPRM —  is a very real and very significant component of a mortgage firm’s broader risk management and mitigation strategy. Mortgage firms straddle two industries — the real estate industry and the financial space — and both are highly regulated and highly vulnerable to a broad range of risk factors […]

Financial services companies are amongst the most highly-targeted type of business when it comes to the criminal element, including cybercrime. Businesses operating within the financial space are also highly vulnerable to regulatory compliance-related challenges, which translate into some very serious — and costly — third-party risk management and mitigation issues.  For a financial services company, […]

Enterprise risk management software has seen increasing popularity in recent years and for good reason. Many business leaders seriously re-evaluated their company’s risk management strategy amidst the COVID-19 pandemic — an event that laid bare countless vulnerabilities and risk factors. Before the days of the COVID-19 pandemic, these risks, vulnerabilities, and threats were unrealized or […]

Enterprise risk management software — or ERM — has gained an ever-increasing amount of popularity amongst companies in all industries and business sectors in recent years. Many point to the COVID-19 pandemic as the primary impetus for the rise of enterprise risk management software, alongside technologies such as the cloud, machine learning, artificial intelligence, and […]

Enterprise risk management software can be a challenging sell when it comes to convincing company leadership, stakeholders, and other decision-makers to make an investment in this technology. You’re dealing with a threat or vulnerability that, to date, hasn’t caused any major issues and so, there is the hope that the status quo will prevail and […]

Investment banks and brokerage firms are subject to strict legal and regulatory oversight, which means these companies must implement measures to ensure that their technology meets all of the established guidelines. Enter IT governance and ITIL frameworks for investment banks and brokerage firms. But when it comes to ITIL frameworks and IT governance software solutions, […]

Brokerage firms and investment banks are subject to strict regulatory oversight and a host of legal requirements. This makes for a rather complex equation when it comes to risk management and IT governance. But things get even more complicated when you add mergers and acquisitions into the mix.  This complex nature leaves many business leaders […]

Credit unions — like banks and other financial institutions — are subject to strict regulatory oversight which carries significant reporting and auditing requirements. These regulations are intended to maximize efficiency and improve accountability in an industry that was largely unregulated until the early 2000s when a number of major banks failed.  Regulatory Compliance and Your […]

Banks and other financial institutions face a slew of risk management challenges, many of which are in-built and inescapable components of their core business model. Unfortunately, this means that there are many threats that can never be fully neutralized and even more vulnerabilities that are impossible to eliminate. What’s more, the financial space is one […]

Enterprise risk management can get extremely complex, especially when you are dealing with a frequently-targeted industry such as the financial sector. In fact, financial institutions and companies specializing in financial services are amongst the most targeted businesses, resulting in a multifaceted and complex risk management landscape. Enter the financial services risk management framework, a tool […]

Of all business sectors and industries, business leaders in the financial sector and banking space are confronted with some of the most complex risk management considerations. Banks, credit unions, lenders, and other financial service providers are frequently targeted by criminals — especially cybercriminals — due to the many areas of vulnerability that exist within banks […]

IBM’s OpenPages is an artificial intelligence-driven governance, risk, and compliance software platform that’s gaining tremendous popularity amongst companies that are seeking to streamline their risk management activities. The ability to visualize risk management is one of the many features found within the IBM OpenPages platform and it’s these graphical data depictions that are leading to […]

Enterprise risk management software platforms are designed to target vulnerabilities, neutralize threats and reduce risk levels. Banks and other financial institutions face a diverse, dynamic range of risk factors and many cannot be fully eliminated or mitigated, although, with the right strategy, they can be effectively minimized and managed. That said, you can also see […]

Enterprise risk management — or ERM — is a topic of very real strategic consideration for financial institutions such as banks, lenders, and credit unions. Risk is an in-built and unavoidable aspect of the lending and banking business models. But even with an inherent element of risk and vulnerability, these companies must implement proactive measures […]

Enterprise risk management (also known as ERM) is a critical component of any good business strategy — a fact that an increasing number of business leaders have acknowledged on the heels of the COVID-19 pandemic. The pandemic brought numerous risks, threats, and vulnerabilities into sharp focus, prompting many companies to shift from a reactive approach […]

Enterprise risk management is a highly dynamic and complex discipline, with companies investing a significant amount of time, money, and effort into neutralizing threats and mitigating risks. To achieve their risk management objectives, an increasing number of businesses are leveraging tools such as IBM OpenPages.  This artificial intelligence-driven governance, risk, and compliance software platform — […]

Visualization reporting has gained tremendous popularity in recent years, alongside the rise of big data and analytics technology. An increasing number of business leaders and key decision-makers are leveraging visualization reporting in their efforts to make data-driven decisions.  Whether it’s business strategy development, the creation of a new company-wide marketing plan, or coming up with […]

Banks and financial institutions confront serious risks on a daily basis, with many of these threats being unavoidable due to the very nature of the banking industry. This underscores the importance of developing a comprehensive risk management strategy that works to mitigate and largely neutralizes threats, bringing them down to a more reasonable and manageable […]

For generations, banks, credit unions, lenders, and other financial institutions have used a business model that, while profitable, carries a plethora of risks and vulnerabilities. Stated simply, dealing in money makes you a target, leaving an organization highly vulnerable to theft, fraud, and financial loss. Financial institutions must confront these risks on a perpetual basis, […]

Enterprise risk management software (ERM) systems can be a true game changer for banks, credit unions, and other financial institutions, providing mission-critical tools for identifying and addressing the many threats and vulnerabilities that these companies confront.  For the financial sector, effective risk management is a requisite for long-term success. By nature, a bank’s business model […]

Few businesses face the sheer number and severity of threats that you confront in the financial industry and banking sector. In fact, a high degree of risk is inherent to the banking business model. Financial institutions must deal with unavoidable threats and vulnerabilities on a continual basis. While it’s impossible to completely eliminate most of […]

Banks, credit unions, financial service providers, and other companies within the financial sector confront a variety of risks and vulnerabilities. Operational risks. Liquidity risks. Market risks. Credit and lending risks. Risks associated with legal and regulatory compliance. Technology and IT-related risks. Cybersecurity risks. Data governance risks. There is no shortage of threats in the financial […]

Banks and other financial institutions such as credit unions, lenders, and financial service providers face a rich and expansive risk landscape. This necessitates the development of a comprehensive risk mitigation strategy that is architected around the banking institution’s unique operational processes, strategies, and procedural processes. But before you can begin developing a winning risk management […]

Companies specializing in financial services are subject to strict regulatory oversight. In fact, aside from the healthcare space, the financial sector is one of the most highly-regulated industries in existence. Compliance is extremely important for financial services providers because non-compliance can spell major trouble, resulting in major monetary fines and even legal penalties.  Compliance and […]

Financial institutions such as banks, credit unions, and others in this business sector must manage a very complex and multi-faceted risk management landscape. Operational risk represents a major area of focus for bank leadership and financial institution policymakers, but the right technology can go a long way toward facilitating effective risk management in this business […]

The banking industry and the greater financial sector face a host of legal and regulatory compliance risks, with a handful of new threats arising in 2023. Regulatory bodies and organizations involved in financial sector oversight are routinely issuing new directives and imposing new requirements that are designed to elevate bank accountability and improve the industry […]

Banks and financial institutions have a broad and rather complex risk management landscape, with operational risk accounting for a fairly sizable portion of the risk equation. But what is operational risk in a bank, credit union, or other financial services provider? And how do these companies manage operational risk in a manner that allows for […]

Digital transformation accounts for the most significant high-tech movement in the business world, with the COVID-19 pandemic driving the advancement of numerous technologies such as the cloud, communications tech, collaboration platforms, AI, and machine learning, amongst many others. But as with all advancements, there are pitfalls and challenges that must be considered and this is […]

Big data is one of the most significant trends in digital transformation today, with more and more companies leveraging the power of big data and complementary technologies such as machine learning and artificial intelligence (AI). As with all digital transformation projects, big data must be taken into consideration as financial companies develop and refine their […]

Regulatory compliance is a very real concern for financial institutions and other companies within this industry. Subject to some of the world’s most stringent oversight, business leaders in the financial sector must navigate a complex regulatory landscape with numerous requirements for achieving compliance. What’s more, companies that operate within this business space rely upon trust […]

What are the Top Compliance Concerns for Financial Services?  Financial services providers are subject to stringent regulatory oversight and as such, compliance is a major concern that must be addressed as business leaders develop their organization’s risk management strategies.  To effectively address compliance concerns, financial services providers must have a solid understanding of their regulatory […]

What is Financial Regulatory Compliance? Regulatory oversight affects virtually every industry and business space to some degree, but there are a handful of industries that are subject to extremely stringent oversight. This includes the financial sector, which stands alongside the healthcare space as one of the most highly-regulated areas of business. Regulatory compliance has a […]

The Sarbanes-Oxley Act, better known as SOX, was enacted in 2002 thanks to the efforts of congressmen Michael Oxley and Paul Sarbanes. This piece of legislation came on the heels of numerous high-profile scandals in the financial sector. SOX serves to create a sense of accountability and transparency for publicly-traded companies with compliance requirements that […]

SOX compliance is a very real component of the risk management landscape for publicly-held companies in all business sectors and industries. Introduced in 2002, SOX – formally known as the Sarbanes-Oxley Act – is among the few corporate regulatory burdens that can lead to imprisonment, particularly in cases involving willful non-compliance. That comes in addition […]

The issue of SOX compliance has become a very real consideration in the corporate risk management landscape over the past couple decades. This should come as no surprise when you consider all that’s at stake: SOX non-compliance can lead to fines in the millions and even jail time. But a comprehensive SOX compliance checklist can […]

The 2002 Sarbanes-Oxley Act or SOX has a significant impact on companies in a number of different industries, with compliance-conscious business leaders considering SOX as they formulate their risk management strategies.  SOX compliance is one of the few regulatory requirements with penalties that extend beyond monetary fines to include imprisonment. With so much at stake, […]

Businesses both large and small have focused more of their attention toward risk management since the arrival of the COVID-19 pandemic. In doing so, many discovered great vulnerability in the areas of legal and regulatory compliance.  Heavily-regulated industries such as banking, investment, manufacturing, and healthcare have long had their operations and policies molded by laws […]

Legal and regulatory non-compliance are an increasingly relevant concern in the business world, with fines and penalties being very significant in some cases. The reality is that the true cost of non-compliance isn’t just monetary penalties, non-compliance consequences may extend beyond the monetary and into other realms such as exclusion from professional organizations or even […]

HIPAA violations are a primary area of concern in the healthcare sector, with fines set at a maximum of $50,000 per violation or $1.5 million per calendar year for a Tier 4 violation.  In fact, the Health Insurance Portability and Protection Act (HIPAA) has emerged as a significant consideration in the IT world as an […]

Legal and regulatory non-compliance have become very real risk management concerns for companies in a broad range of industries, from healthcare, to finance, manufacturing and beyond. In fact, the COVID-19 pandemic has brought the entire risk management landscape into much clearer focus for business leaders since it exposed numerous vulnerabilities that had previously gone unrealized. […]

Recent years have seen a marked increase in the number of companies that are implementing risk management solutions as they become more cognizant of the many threats and vulnerabilities that their organizations confront. Events such as the COVID-19 pandemic really drove home a harsh reality: even the most profitable, well-established companies can be taken down […]

Aside from the healthcare space, the financial sector is one of the most highly-regulated industries, and as such, business leaders are left to consider strategies for effectively achieving and maintaining full regulatory compliance.  There are a broad range of regulatory compliance software companies that offer comprehensive digital solutions for financial institutions (amongst others). But acquiring, […]

Data management is a common area of concern when it comes to risk management and regulatory compliance. Business leaders in all industries and sectors will need to confront the issue of data management sooner rather than later if they are to avoid regulatory fines, penalties, and even some serious legal troubles.  From a regulatory compliance […]

Legal and regulatory compliance has emerged as an increasingly relevant risk management concern for companies both large and small across all industries and business sectors.  In fact,  2022 saw lots of news coverage of non-compliance incidents involving well-known corporations that were slapped with tremendous fines and penalties totaling in the millions and even billions of […]

Environmental, social and corporate governance — also known as ESG — is a term used to describe an increasingly popular movement in the business and investing world. In fact, it is a movement that has corporate leaders making fairly aggressive changes to their business strategy in an attempt to reduce non-compliance issues, while simultaneously making […]

Today’s business is faced with a slew of regulatory compliance requirements and with each of those regulations comes the potential of non-compliance — a risk management challenge that can seem overwhelming due to the sheer volume of the compliance requirements. Regulatory compliance can impact virtually any and every aspect of a company and its operations. […]

As technological proliferation expands, so too does the amount of data that is generated. Contact forms. eNewsletter subscriptions. This has led to an increasing awareness in the realm of data privacy — a point that has led to the formation of countless laws, rules, and regulations that impact companies across all industries.  Today’s business is […]

Technological proliferation has led to a sharp rise in the amount of data that is generated, collected, and stored across all industries and business sectors. This has made data management a very real concern for companies both large and small. To compound matters, we have also seen a dramatic increase in the number of regulatory […]

Banks and other financial institutions are subject to strict regulatory oversight, with a number of independent and government-based organizations establishing laws and regulations that affect nearly every aspect of daily operations.  Achieving and maintaining regulatory compliance is a major lift in the financial sector, with banks required to closely evaluate and monitor their practices, policies, […]

Data management is an increasingly common concern for businesses in all industries and sectors, as regulatory oversight becomes more stringent and consumers become more aware of how their data is handled. But there are a number of strategies that can be leveraged to achieve and maintain compliance with data handling regulations such as SOC 2 […]

Recent years have seen a significant rise in the number of regulations that are being issued and enforced by both private and government regulatory organizations. From environmental regulations and personal privacy protections to rules governing how documents and records are handled, these regulations have a broad impact. In fact, virtually every agency is subject to […]

Compliance consulting has gained tremendous popularity in recent years amongst businesses both large and small, across all industries and business sectors. As an increasingly important component of an organization’s risk management strategy, more and more business leaders are recognizing the importance of achieving and maintaining compliance both in the legal and regulatory sphere. Many companies […]

Risk management consulting firms can bring significant benefits to your business, whether you are a new, up-and-coming startup venture or a massive enterprise with offices or shops spread across the globe. That said, not all consultants are created equal and the best firm for one business may be a really poor fit for another. This […]

Enterprise risk management consulting has seen a significant rise in popularity in recent years thanks to factors such as an increase in cybersecurity threats and the COVID-19 pandemic. That latter made many realize the true fragility of their company’s risk landscape, prompting business leaders to take action to manage and mitigate risk.  To say that […]

The risk management consulting market has seen a meteoric rise in popularity in recent years. This surge in popularity was largely driven by the COVID-19 pandemic, which prompted many company leaders to realize the true extent of their company’s vulnerabilities. But how does this impact you as a business?  A booming risk management consulting industry […]

Cybercrime and other digital threats have taken on a life of their own, especially in recent years, with cyber criminals becoming more and more sophisticated and advancing their malicious trade in a manner that poses some serious threats to businesses both large and small. Cybercriminals aside, an organization’s IT division faces other threats and risks […]

Many fail to realize it, but for a vast majority, a company’s most valuable asset is their data. That’s right. Data. Information. At its very core, binary code. Data is at the core of virtually every operation. Customer data. Sales and financial data. Machinery and equipment data output. Inventory. Records and documents.  Data makes the […]

Until relatively recently, many business leaders regarded risk management to be more of a proactive and even semi-optional sort of endeavor. But the COVID-19 pandemic changed that perception in a dramatic manner. Suddenly, companies realized that they were vulnerable in ways that they had failed to realize previously. The fragility of their business — and […]

Business leaders have become increasingly conscious of risk management issues on the heels of the COVID-19 pandemic; an event that drove home the fragility of corporate success. This has prompted many to consider seeking guidance from some of the top enterprise risk management service companies.  But actually finding the right risk management service provider can […]

Risk management is a critical consideration for companies large and small, across all business sectors and industries. But effectively managing threats and risk factors is a tremendous challenge that leaves business leaders seeking risk management services.  To complicate matters, there is no single recipe for success when it comes to risk management efforts. The threats […]

Recent years have seen a dramatic increase in the number of business leaders who have realized the importance of governance, risk, and compliance — also known as GRC — as part of a company’s overarching risk management strategy. But with this realization comes an appreciation of GRC’s complexity. While the three GRC concepts are fairly […]

Governance, risk, and compliance — better known as GRC — are key components of an effective business risk management strategy. But putting those concepts to work for your organization can be a challenge. It entails the development of new GRC-friendly policies and protocols. There is the task of evaluating your compliance and identifying risk factors. […]

An increasing number of companies are turning to governance, risk, and compliance (GRC) consulting as part of a broader and more proactive risk management strategy. Many have attributed this shift to the COVID-19 pandemic because this event highlighted the need to adopt a more aggressive stance on risk management. The reality is that legal and […]

Understanding the Role of GRC Consultant During GRC Implementation  As more and more companies develop an increasing awareness of the issues surrounding governance, risk, and compliance (GRC), we are seeing an increase in the popularity of tools such as GRC software systems. These comprehensive, feature-rich software platforms can include a multitude of integrations and there […]

Risk management practices encompass a very broad scope and aptly so because threats tend to loom at every angle. Risk mitigation is equally complex, especially when it involves individuals from many different company divisions or departments. Identifying risk factors and coordinating an effective response can be tremendously challenging. But there is help and it comes […]

Enterprise risk management (ERM) software is a distinct niche in the field of risk management software, with some unique features and functionalities that are crucial for the minimization of risk for banks, lenders and other companies operating within the financial sector. The financial sector faces some of the most dramatic risks and vulnerabilities in the […]

Recent years have seen a dramatic rise in awareness when it comes to the risk management sphere. In response, software developers identified an opportunity to create risk management software platforms that would aid in vulnerability identification, evaluation and response. Much of this software has been specialized to target one specific type of risk: relationships with […]

Risk management software has evolved into an increasingly-important and rapidly-growing component of today’s modern business strategy. Integrated risk management — also termed IRM — is one aspect of an organization’s broader risk management strategy. Yet it’s rather difficult to formulate and initiate IRM initiatives due to the very broad and comprehensive nature of integrated risk […]

IT compliance software — also called IT regulatory compliance software — has gained a great deal of popularity in recent years as companies become increasingly aware of their technology-specific regulatory requirements. In fact, many now regard IT compliance as a critical component of a company’s risk management strategy. The tools in an IT compliance software […]

Regulatory compliance management is a key component of a company’s overall risk mitigation strategy. But managing an organization’s many compliance burdens can get complicated and overwhelming in very short order. This is especially true for those in the healthcare space, the financial sector and other heavily-regulated industries. Enter: regulatory compliance management software. Virtually every company […]

Compliance software platforms are playing an increasingly important role in companies’ risk management strategies. Recent years have seen a surge in the number of businesses that are seeking compliance management software solutions. This is, in large part, due to the ever-increasing number of regulations that are impacting companies in a variety of business sectors. Recent […]

The regulatory compliance landscape is constantly changing and evolving, with new laws and regulations perpetually being developed. Existing regulations are often modified too, adding yet another element of complexity to the equation. Certain industries and business sectors — namely, the financial sector, the tech sector, manufacturers, and the health care industry — are subject to […]

A well-architected risk management and mitigation strategy will usually fall woefully short of expectations if you lack the right tools. Enter: the risk management software solution.These software platforms are equipped with a variety of features and functionalities to help companies identify, evaluate, monitor, and take action when risks and vulnerabilities are identified. Many risk management […]

An increasing number of companies — from small startups to major corporations — are taking proactive measures to identify and mitigate risk in all areas of their business. These efforts are not in vain as a single incident can ultimately result in a business being forced to close its doors. This is especially true in […]

In recent years, the business world has collectively honed their focus on risk management, with more and more companies realizing the importance of a well-developed risk management strategy. The reason for this shift is largely rooted in the COVID-19 pandemic, which prompted many companies to revise and re-examine their operations. Others are subject to stringent […]

Third-party risk management (TPRM) is a major consideration for financial institutions such as banks and lenders and the reason is clear: criminals view these businesses as a prime target with a sizable potential payout. Financial institutions are at the top of the list when it comes to “targetability” by criminals; this makes a well-developed risk […]

Compliance risk management has become a central component of today’s modern business strategy. Not only are there an increasing number of regulatory bodies coming into existence, but we are also seeing more and more social pressure for companies to operate in an ethical, environmentally-friendly, and socially-responsible way. This means that even where there is no […]

Compliance risk represents a very real concern for companies both large and small. In today’s corporate landscape, risk management is a crucial component of a winning business strategy. But even smaller and mid-sized companies are realizing the importance of compliance risk mitigation. In order to effectively address those risks, you must have a firm grasp […]

Digital transformation is probably among the most-heard terms in today’s technology lexicon and for good reason. We are in an age of fast-evolving and rapidly-advancing technology that holds the potential to profoundly transform an organization’s operations. But what constitutes digital transformation? And how does it affect data compliance? These are important questions because data compliance […]

Compliance software offers an extremely useful toolset, providing companies with the framework they need to achieve and maintain compliance, whether it is regulatory compliance or legal compliance. An increasing number of companies are turning to these software platforms as the collective awareness surrounding compliance increases beyond the most heavily-regulated fields such as health care and […]

Risk management is a critical component of any good business strategy, especially in today’s technology-centric society, where many risks surround digital assets such as a company’s data. In fact, data represents a major source of risk for most businesses. Fortunately, though, risk management services can help promote more effective data governance practices. Risk management efforts […]

  Recent years have seen a dramatic rise in the number of organizations that are focusing on risk management, specifically as it relates to regulatory compliance. The reality is that we are only seeing an increase in the number of regulatory bodies that exist, especially in industries such as finance, investment, technology, and health care. […]

Operational risk management is critical for today’s most competitive companies, especially those with particularly unique or complex operations. This risk can arise from many sources, such as inefficient processes, equipment or systems, external events, and employee actions/inactions. Operational risk management software can play an instrumental role in a company’s broader enterprise risk mitigation strategy. But […]

In a competitive, fast-paced business world, effective risk management is critical for growth and long-term success. This is true regardless of industry, business size or perceived vulnerability. But to see the maximum benefit, you need a comprehensive risk management strategy, along with the resources to implement mitigation measures. Enter: risk management software. The right risk […]

As governance, risk management, and compliance (GRC) becomes an increasingly prominent part of many companies’ overall business strategy, more organizations are seeking out tools to aid in their efforts. Enter: GRC software systems. GRC software can successfully streamline and centralize a company’s GRC-related efforts, providing a wide variety of useful features, tools, and functionalities. But […]

An increasing number of companies are integrating governance, risk management, and compliance (GRC) principles into their overarching business strategies. But many organizations lack real practical experience when it comes to implementing a GRC framework, resulting in the potential for some major snafus. Unfortunately, many organizations underestimate the complexity of GRC frameworks. Let’s explore a few […]

Recent years have seen an increased focus on GRC — governance, risk management, and compliance — outside of the enterprise arena. Small businesses and midsize companies are also beginning to integrate GRC frameworks as part of their overall business plan. The reason: when implemented properly, GRC principles hold the potential to increase profits and reduce […]

Increasingly, issues surrounding governance, risk management, and compliance — also known as GRC — are being addressed by companies outside the enterprise realm. As more consider GRC as part of their broader business strategies, there is an increasing collective awareness of the strong link to cybersecurity. In fact, a solid approach to governance, risk management, […]

Increasingly, companies of all sizes and in all industries are actively addressing issues of governance, risk management, and compliance (GRC). With a company’s reputation in the balance and potentially-hefty fines and penalties at stake, it should come as no surprise that business leaders are paying greater attention to these important issues. GRC can impact virtually […]

Governance, risk, and compliance (GRC) management is an increasingly common concern amongst companies of all sizes, particularly at the enterprise level where monitoring and compliance-related actions tend to be the most aggressive. Publicly-traded companies, in particular, experience a tremendous burden when it comes to meeting the various compliance and risk standards for their industry or […]

Recent years have seen a dramatic increase in corporate eco-consciousness — a trend that has been mirrored at virtually every level of society as well. The data supports this idea too. According to an October 2021 study, 69% of respondents said they were actively doing everything within their control to minimize their carbon footprint. That […]

Environmental, Social, and Governance (ESG) is becoming an increasingly critical component of the modern company’s business strategy. In fact, ESG-related reports are now deemed mandatory by the U.S. Securities and Exchange Commission (SEC) — the agency that initially developed the ESG criteria. The SEC has even developed a task force to address cases of non-compliance. […]

Issues surrounding the climate and global warming are highly politicized in many regions, with everyone from Hollywood starlets to Presidential candidates taking up firm positions on the topic. But no matter where your personal beliefs surrounding these controversial issues happen to fall, one thing is clear: issues related to the environment and sustainability are an […]

In today’s eco-conscious world, sustainability matters. It matters to all stakeholders from employees to clients along with investors and everyone else in between. In fact, recent years have seen a distinct movement toward sustainable investments. This, in turn, prompted the U.S. Securities and Exchange Commission (SEC) to develop the Environmental, Social, and Governance (ESG) criteria […]

The U.S. Securities and Exchange Commission (SEC) and the Environmental, Social, and Governance (ESG) Division of Enforcement announced that they would be creating a 22-person task force composed of members from the federal organization’s regional offices, headquarters and “specialized units.” The task force’s objective is to monitor climate- and ESG-related issues and companies’ compliance with […]