Tag: GRC

  • 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…

  • Business Impact Analysis

    Introduction A business impact analysis (BIA) is a process that identifies the critical elements of an organization’s operations and data and develops strategies to recover quickly from any disruption or disaster. A BIA helps you identify the most critical assets and activities your organization needs to protect and enables you to prioritize recovery efforts in…

  • 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…

  • 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…