Major Trends Shaping Governance, Risk Management, and Compliance in 2015

As 2014 comes to an end, it is important that we look back and reflect, as well as prepare for what is yet to come in 2015. Our world is increasingly risky, regulated, mobile, social, global, cloudy, interconnected and data-driven. All of this, taken together, has significantly and fundamentally changed the way individuals live and work, and the way organizations conduct business. Amidst such change, in the year ahead we…

TraceSecurity and Rapid7 Partner to Add Value for Shared Customer Base

TraceSecurity, a pioneer in cloud-based IT Governance, Risk and Compliance (GRC) management solutions, and Rapid7, a leading provider of security analytics software and services, today announced an integration partnership that teams the market-leading strengths of each company and enables mutual customers to leverage Rapid7’s vulnerability management data when deploying their information security and compliance programs using TraceSecurity’s TraceCSO. “Vulnerability management is core to an organization’s information security and compliance practice,”…

Ecuador-Based Banco Pichincha Chooses MetricStream GRC Cloud for Business Continuity Management

The largest private bank in Ecuador, Banco Pichincha, has selected MetricStream to provide a multi-lingual cloud-based solution for Business Continuity Management (BCM). MetricStream’s solution will help minimize the impact of business disruptions as well as aid in crisis and incident management planning by streamlining and automating the BCM lifecycle. It will also provide an integrated framework to collaboratively manage all BCM processes, including Business Impact Analysis (BIA), Business Continuity Planning…

Only 24% of top companies have risk management committees: Grant Thornton

The report finds that 77% of banking and financial services sector companies having a risk-management committee Only 24 of the top 100 Indian companies by market capitalization have formed risk management committees on their boards, according to the Governance Observer report from consulting firm Grant Thornton. While enterprise risk management was not mandatory according to the Companies Act of 1956, in the 2013 law, the board and audit committees have…

Misys Increases Its Dominance in the 2014 Risk Technology Rankings As the Overall Winner in Enterprise-wide Risk Management

Misys Overall winner for market, credit, counterparty, liquidity, aggregation and Basel III and first place in eight other categories Misys, the global leader in financial services software, has been honoured with the overall winner in the enterprise-wide risk management, according to the 2014 Risk Technology Rankings. The first place position underscores the ability of Misys to enable clients to respond to all regulatory compliance and reporting requirements. The company has…

Announcing the MetricStream GRC Summit 2015 in Washington DC

The highly anticipated MetricStream GRC Summit 2015 will bring together GRC executives, analysts, and practitioners as well as several distinguished CEOs, board directors and government officials. The MetricStream GRC Summit, the industry’s foremost conference for Governance, Risk, and Compliance executives, analysts, and practitioners, will be hosted by MetricStream from May 11-13, 2015 at the Ritz Carlton – Pentagon City in Arlington, Virginia (Washington DC area). The must-attend GRC conference of…

The three steps you should take to avoid a costly data fine

The increase in corporate mobile device use, fuelled by Bring Your Own Device (BYOD) and advances in technology, means there are many more ways in which data can be lost, whether through employee mistakes or malicious theft and sale of confidential information. As a result, GRC (Governance, Risk and Compliance) is one of the biggest issues facing companies at the moment. Unfortunately, the average business hasn’t realised this and remaining…

Tier-3 builds on strengths in analytics, compliance, automation and incident response with Huntsman® 5.75

Tier-3 Pty Ltd, a leading vendor of Security Information and Incident Management software, and manufacturer of Huntsman® technology today released the latest version of its market leading Defence-grade Huntsman® cyber security monitoring solution. Huntsman® provides real-time threat detection, true behavioural anomaly detection, context awareness, threat intelligence and comprehensive incident management capabilities that allow organisations to detect, prioritise and respond to both known and unknown security threats in real-time. Huntsman® 5.75…

LockPath and Tripwire Enhance Risk and Vulnerability Management Programs With New Integration

LockPath, today announced a new integration with technology partner, Tripwire, the leader in advanced threat, security and compliance solutions. The integration between LockPath’s Keylight™ platform and the Tripwire® IP360™ vulnerability and risk management system will help mutual customers become proactive in risk and vulnerability management activities and streamline the remediation processes. “We’re driven to deliver solutions for our customers that constantly increase their ability to maintain control and visibility of…

Skye Bank wins ‘Best Bank in risk management’

Skye Bank Plc has won the “Best Bank in Nigeria in Risk Management” in recognition of the bank’s strides in strengthening its risk management framework and system. The bank won the award at the recent ‘Nigerian Risk Awards’. The Nigerian Risk Awards (NRAs) was conceived by Conrad Clark Nigeria Limited in collaboration with Business Day and the UK Institute of Risk Management. A statement from the bank noted that the…