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“Where many may perceive higher cost with greater value, this is not the case with Symbiant as they deliver an affordable solution with very robust features that enable organisations to manage GRC.” -Michael Rasmussen, GRC 2020
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Introduction “GRC stands for Governance, Risk, and Compliance and is a concept that was originated by the Open Compliance and Ethics Group (OCEG) in 2002.” [1] In today’s rapidly changing business environment, organisations face many challenges, such as increasingly complex regulatory
How to create your Risk Register We often get asked when setting up a new risk platform, “Where do we start”? and the answer is simple – start by logging your business objectives. The international standard on risk management ISO
What is audit management software? Audit software helps auditors plan, execute, report and follow up the company audits and actions. A dedicated solution can save a lot of time for audit teams and make them more effective by automating much
Overview Whether we like it or not, risks form part of any corporate landscape, from small enterprises to global multi-corporations. Hazards include but are not limited to reputation, legal, governance, compliance, financial, and security. Due to the high prices of
What Is Monitoring of Controls? Monitoring of Controls is a process that ensures your organisation’s Controls are effective, timely and justified. Having a view over all your Controls is critical, especially for compliance regulations. There is an ever-increasing pressure to
Risk inertia strikes when risk mitigations don’t get delivered. Despite approval of action plans, risks just hang there waiting to happen. It may be people can’t be bothered, or it is too much hassle, or they don’t really believe the
Incidents are a component of any risk management methodology. This means having an approach to responding to incidents, to recording them, and to reviewing them to build future resilience. An additional part to this is to be outward looking: when
The Symbiant Risk Workshops One of a risk managers’ biggest dilemmas is achieving company-wide participation in the organisations’ risk management process. Every Risk Manager knows the benefits of departmental managers collaborating in the organisation’s risk program. Obviously, it’s also a