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Compliance management is more than just a buzzword—it's necessary to succeed as a business in the modern era. With the ever-evolving landscape of regulations and the increasing complexity of financial transactions, it's easy to make mistakes while managing compliance.

However, these mistakes can be costly, resulting in financial penalties and reputational damage. This blog will delve into the five common mistakes you should avoid when it comes to compliance management. We will also touch upon the

Hello Global Risk Community member,
 
The first step to selecting GRC software, whether for risk management or SOX compliance, is to define your priorities and purchase the software you need.
Norman Marks is an expert in internal audit, risk management, and governance. In his eBook, Key Considerations When Selecting GRC Software, Marks talks about how to simplify your access controls along with other considerations when choosing your GRC software, including:

• Defining your needs
• Letting the solu

In this week's blog post, we're sharing insights on data assessment from Joseph Schorr, Vice President Of Strategic Alliances at LogicGate which is a leading provider of cloud software solutions for automating governance, risk, and compliance processes. Joseph is also an advisor to Dreamit Ventures, a Growth program and venture fund focused on pre-Series A healthtech, securetech, and urbantech startups. Joseph is helping founders in the SecureTech program which is focused on cybersecurity, anti-

As there is an increase in money transaction activities. It has been observed that in past few years, instances of money laundering have been increased. These incidences have become very challenging for finance sectors and financial institutions. This has resulted in the augmented adoption of anti-laundering software. The accelerating number of cultured cyber-attacks have raised the concerns of significant losses in a number of industries and organization. It is the need of the hour to adopt Ant

Here’s why Telecom billing & Revenue Management making trend in the Industry. In this era of digitalization, telecom businesses are facing several challenges. The augmented demand for Telecom Billing & Revenue Management is largely due to the accelerated growth of the telecommunication sector. As there is a growing customer base, as well as the implementation of advanced services, is generating a huge burden on the present debit charging system.  This may result in a drop in the quality of servi

Here is what we need to know about 3D Machine Vision and why this technology is emerging. The growing trend of this machine vision system is due to a rise in the demand for quality products that in manufacturing industries which in turn is encouraging the adoption of 3D machine vision systems. This system is beneficial in keeping up with the need of the customers by assuring automated inspection of the products. Machine vision finds its application in various fields including automotive, consume

Here are the reasons Why Workload Scheduling & Automation is making a trend in the Industry. The adoption rate of the automation system has been increased from the last few years. As the speed of application development in IT industries is increasing day by day, so in order to reduce the time taken from design to delivery, IT organizations are preferring to adopt the automated system in order to make the process of creating workflows, and batch jobs. The application developers are facing a compl

Team collaboration can be extended to various types of business relationships such as bosses and subordinates, multi-team representatives, employees of two collaborating organizations, and company partners of service providers, contractors, volunteers, or vendors.

Teams with successful collaboration methods tend to deliver advantages such as faster project turnaround times, more time frames met, and, as a result, less money spent. In addition, effective team collaboration helps employees learn ab

Data center infrastructure management (DCIM) started as an element of building information modeling (BIM) software, which is used by facilities managers to create digital schematic diagrams. DCIM tools bring the same functionality to data centers, allowing managers to collate, store, and analyze power and cooling related data in real-time. Most tools allow diagrams to be printed — a useful feature when a repair is required, or when new hardware has to be installed by data center administrators.

R

Security information and event management was initially designed to help organizations achieve compliance and keep their information compliant but has evolved over the years. Moving beyond its roots, software vendors now provide machine learning, advanced statistical analysis, and other analysis methods for your products for security information and event management (SIEM).

The SIEM and Threat Management evolution continues to build on a scalable open security platform that supports security and

The log management technology has made its way into understanding and addressing the needs of small and medium-sized enterprises (SMEs) as well as large enterprises. These enterprises belong to the emerging industry verticals such as banking, financial services, and insurance (BFSI), healthcare and life sciences, retail and e-commerce, etc.

Log management technology is an approach that deals with large volumes of computer-generated log messages. Log files have always been an untapped source of in

With the introduction of cloud technology, workforce accessibility, and increased inter-organizational cooperation, the threat surface of network attacks against device networks is increasing. Around the same time, traditional perimeter defence techniques dependent on trust can't fully cope with the security demands of the current decentralized enterprise. This combination makes the network unacceptably fragile. A new network security model is required that replaces the concept of a trusted netw

The cancer registry software simplifies data collection for national and state registries and also helps to monitor the effectiveness of different treatment strategies. Cancer is among the main causes of morbidity and mortality. Population Based Cancer Registries (PBCRs) plays a crucial role in the creation and evaluation of cancer prevention plans. As cancer grows more and more, the cancer registry is of great importance as the center of cancer prevention systems, and numerous software has been

The software defined radio (SDR) technology has undergone various technical and use-related changes in the past few years. SDR is a radio communication system where communication is carried out with software on an embedded system or personal computer. It eliminated the use of any hardware like amplifiers, filters, detectors, mixers, and modulators. Software defined radio can transmit and receive a broad frequency spectrum.

What is the software defined radio technology?

Software-defined radio conti

The manufacturing operations management software technology has gained widespread adoption across the small as well as medium-sized enterprises worldwide. The technology is a comprehensive process that creates policies and rules to maintain the integrity of production. It also ensures that every employee, equipment, or system works in a streamlined manner. As the technology innovates at a breakneck speed and businesses thrive to work at a parallel pace, manufacturing operations managers play an

The sales intelligence technology has deepened its roots across the worldwide landscape with its wide range of advantages; thereby, significantly raising its demand. The tools offered in this technology help in eliminating most of the hard work that goes into making marketing more efficient. The sales process isn’t all about attracting new customers to the business; it’s all the more about closing a sale. The most important factor while selling a product or service is the identification of the r

In the age of rapid technological progress, where Digital Transformation  has become pervasive, business applications are getting increasingly complex and interconnected.  The advancement in technology has also helped attackers get more aggressive and inflict more damage to IT systems and applications.  Application security tools and techniques are evolving too, yet most organizations still fall prey to vulnerabilities.  Cybersecurity has become a bigger threat than ever before.

The current appli

Modern data center networking aims to manage clients with multiple data center workloads. In such a network, servers are the components that provide the necessary services to users (and the programs that run on their behalf).

Responses to API function calls may be the most basic forms of such networking services. Servers can provide applications for users/clients via Web protocols, language platforms, or virtual machines that will provide full desktops to users.

What is a Data Center?

A data center

Consumers have a basic tendency of thinking with both, their rational and emotional brains. Study after study says it is for emotional reasons when they buy a product or a service. When they try to justify the money (or are about to) to be spent, logic comes into play - particularly when they are prioritizing their wants.

What is emotion analytics?

Emotional Analysis (EA) gathers information about how an individual communicates orally and non-verbally to know the mood or behavior of an individual.

All about Network Management Systems

Network Management System (NMS) are an application or  set of applications which allows network engineers to manage the independent components of the network within a broader network management framework. A network device (wireless as well as wired) is identified, configured, monitored, updated and troubleshooting in a company's network. A system control application shows the performance data from each network component, which can be changed as needed by netwo