Tag: Governance
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Corporate Governance
Introduction Corporate governance is the system of organizational structures, processes, and relations by which corporations are directed and controlled. Corporate governance includes mechanisms for accountability and tools for ensuring that those who are supposed to be accountable are acting in the corporation’s best interests. Strategic direction A company’s strategic direction is the overall direction it…
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Business Recovery Processes
Introduction Business recovery is the process of bringing your business back online in the aftermath of a disaster. Disaster recovery can happen quickly, but it usually takes longer than expected. It’s important to have a plan in place to recover from any disruption so that you can continue operating with minimum disruption and maximum efficiency.…
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Evaluation of Risk – Transfer Risk
Introduction Risk transfer is the process by which a company moves its financial responsibility to another party. The transferring entity and receiving party must enter into a contract specifying the transfer terms, including what risks will be transferred, how much they will cost, and what types of incidents will trigger coverage. Risk-transfer contracts are often…
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Information Security Governance
Introduction Information security governance is the process of setting policies, standards, and procedures for managing information security. It’s also known as information risk management or enterprise risk management. This guide will help you understand what it means to have good information security governance and how to achieve it in your organization. What is Information Security…
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My Governance, Riks, and Compliance Journey
I’m Won, and this is my journey. I am sharing my story of how I learned governance, risk, and compliance (GRC) in an easy-to-understand format. I hope that by sharing my journey, I can help others learn GRC and make their lives easier. I don’t take credit for anything written here. This is merely a…