LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Equifax Data Breach: What Businesses Should Be Doing
    As I watch the Equifax scandal unfold, it becomes clear to me that many are at a loss of what to do, or even how to think about this data breach. The first reaction people have is centered on if they, their friends, or family were personally impacted. Rightfully so. For some advice on what… The post Equifax Data Breach: What Businesses Should Be Doing appeared first on ERM Software.
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Equifax Data Breach: How to Protect Yourself
    As the CEO of a risk management company, I think critically about data breaches all the time. Every day we are working to make sure our clients have the means to protect themselves, their customers, their employees, and their communities. We help them manage all kinds of risks: competition, goal achievement, vendors, regulation changes, and… The post Equifax Data Breach: How to Protect Yourself ap...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Equifax Data Breach: The Point of No Return
    On September 7, big-three credit reporting company Equifax reported[i] that hackers gained access to the personal information of about 143 million U.S. consumers. This scandal will be bigger than the Wells Fargo, BP, Chipotle, Volkswagen and Bernie Madoff scandals combined. The Equifax breach is unprecedented in both quantity and quality. It is second to none… The post Equifax Data Breach: The Poi...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • How to Achieve GDPR Cybersecurity Compliance with ERM Software
    In less than 9 months, the General Data Protection Regulation (GDPR), the most important change in data privacy in 20 years, will take effect on May 25, 2018. The GDPR is a regulation by which the European Parliament, the Council of the European Union and the European Commission intend to strengthen and standardize personal data… The post How to Achieve GDPR Cybersecurity Compliance with ERM Softw...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Wells Fargo Auto Loan Scandal: The Saga Continues (Part 2)
    The blows keep on coming for Wells Fargo. Within a year of their cross-selling scandal, two more scandals have risen to the top of news headlines. In part one of this series, I set out to make good on a prediction I presented to business journalist L.A. Winokur. I predicted that after the dust settled… The post Wells Fargo Auto Loan Scandal: The Saga Continues (Part 2) appeared first on ERM Softwa...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Wells Fargo Data Breach: The Saga Continues (Part 1)
    In a recent interview I had with business journalist L.A. Winokur regarding the Wells Fargo cross-selling scandal, I made a prediction: “Once the dust of this scandal settles, perhaps in two or three years, Wells Fargo will remain vulnerable in other areas of its operations to risk management failures.” Low and behold, the only part… The post Wells Fargo Data Breach: The Saga Continues (Part 1) ap...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Kmart Cyber Breach: Another Failure in Risk Management
    Kmart recently suffered another cyber breach (the second in the past few years) that echoes events affecting companies including Wendy’s and Target. In this case, a wholly preventable weakness in the company’s POS system let through a malware attack, affecting an undetermined number of Kmart’s 735 domestic sites. Failure to recognize and mitigate the root… The post Kmart Cyber Breach: Another Fail...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Healthcare Breach and $400,000 Penalty Result From Poor Risk Assessments
    Breaches are preventable failures in risk management. A healthcare breach at Metro Community Provider Network (MCPN), a federally approved organization, led to a $400,000 penalty and a mandated correction plan. The Office for Civil Rights (OCR) levied the penalty; the cause of the breach has been cited as a failure to conduct “a timely and… The post Healthcare Breach and $400,000 Penalty Result Fr...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Paris Climate Accord Outrage: What Can Be Done?
    At lunch recently, I opened my fortune cookie and found this message inside: “Any journey must begin with a single step, and you can be the one to take it.” That simple message inspired me to write this blog. Events taking place after the Trump administration withdrew from the Paris climate agreement have demonstrated there… The post Paris Climate Accord Outrage: What Can Be Done? appeared first o...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Organizational Governance: Why Are Boards so “Hands Off” with Risk?
    Strong organizational governance is a crucial component of sustainable operations, and is defined by the processes senior leadership follows when making and implementing strategic decisions. Without strong governance, it’s impossible to operationalize internal policies, decreasing efficiency, increasing the likelihood of compliance violations, and exposing the organization to unnecessary vulnerabi...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • 8 Ways to Protect Against Ransomware Attacks
    This past weekend, news broke of a global ransomware attack that has struck individuals and companies around the world. In the wake of the attack, which has affected computers in 150 countries, many companies are wondering 1) if they’re going to be hit and 2) what they can do to protect themselves. The WannaCry ransomware… The post 8 Ways to Protect Against Ransomware Attacks appeared first on ERM...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Managing Regulatory Changes and Political Risk with Enterprise Risk Management (Part 2)
    Read part 1 of this series, “Domestic Political Risk: Operating in the Uncertainty of a New Era.”   Here’s Why Compliance Solutions Are Inadequate for Managing Regulatory Changes Regulatory compliance is mandatory, but it’s not the end goal; it’s the minimum operating standard. For strong companies, compliance is a mere byproduct of performing well and… The post Managing Regulatory Changes and Pol...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • What Is Good Governance, and Why Do We Care?
    Governance is defined by the organizational processes used to make and implement decisions. Good governance is not necessarily making only the “correct” decisions. It’s using the best possible risk management process to inform decision-making, which has the potential to impact employees, customers, other stakeholders, and the community at large. Optimizing organizational governance is not just rec...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Incident Prevention, Not Incident Recovery: How to Preserve Your Company’s Reputation
    For companies that care about their reputation, incident prevention is a must.  Said best by Warren Buffet, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.” Building and preserving that reputation through proactive incident prevention must be a top priority. Post-scandal… The post Incident Prevention, Not Incident Recover...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Domestic Political Risk: Operating in the Uncertainty of a New Era (Part 1)
    What Is Domestic Political Risk? Political risk refers to conditions and events that affect organizations and result from governmental decisions. It can have major effects on the profitability/expected value of economic action. Political risks impact individual investors, public and private companies of all sizes, and governments. Starting in 2016, political risk seemed closer to home… The post Do...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • How to Measure Your Enterprise Risk Management Effectiveness
    We are often asked for insight on business measures and key performance indicators (KPIs) that can be used to track overall progress and risk management effectiveness. The key question risk managers should ask is: How do I measure the value ERM is delivering to my organization? The following are examples of metrics that will quantify and measure the value… The post How to Measure Your Enterprise R...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • How to Eliminate 63% of Your Cybersecurity Vulnerabilities in 90 Days
    Cybersecurity vulnerabilities are a concern for every company in every industry. In 2016, 4.2 billion records were stolen during 4,149 reported data breaches. This doesn’t take into account breaches not noted in the public record. According to a Ponemon Institute survey, while security incidents have expensive consequences, costs associated with reputational damage are even greater. That explains…...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Which Holiday Character Best Represents Your Risk Management Work?
    ENTERPRISE RISK MANAGEMENT – RUDOLPH Santa Claus sat in his sleigh, filled with presents for children around the world, but the fog and snow were so thick that he couldn’t safely take flight. How was he going to guide his sleigh? Not only was the fog blinding vision, but obstacles of rooftops and snowflakes continually… The post Which Holiday Character Best Represents Your Risk Management Work? ap...
  • COSO ERM Framework Update: What’s Improved and What’s Still Missing
    The post COSO ERM Framework Update: What’s Improved and What’s Still Missing appeared first on ERM Software.
  • 5 Takeaways from LogicManager’s IMPACT 2016 Conference
    IMPACT 2016 has come and gone, and risk practitioners from across North America and Europe were thrilled with the results. IMPACT 2016 was differentiated by the passion behind real customer stories, all shared with actionable takeaways. Topics included third-party risk management, performance integration, cybersecurity, and reporting to the board. LogicManager’s annual ERM community conference was...
  • Why Mitigating Cyber Risk Should Be a Top Executive Priority
    Cyber Risk Needs to be Prioritized: Four Points for Improvement   Cyber risks like data breaches and ransomware are too often shrugged aside. The possibility of a cyberattack is rarely ignored, but it also rarely receives the attention it deserves. There are a few reasons for this: Risk-based governance vs technology. Cybersecurity incidents result from internal… The post Why Mitigating Cyber Risk...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • The Wells Fargo Scandal is a Failure in Risk Management
    Wells Fargo recently paid $185 million in penalties – the highest fine levied by the Consumer Financial Protection Bureau (CFPB) since it began operations in 2011 – for inappropriate sales practices. Millions of accounts were set up without customer consent, in many instances generating overdraft charges and other fees. The CFPB referred to the Wells… The post The Wells Fargo Scandal is a Failure ...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

New blog articles detected.

  • Winona Health Wins 2016 GRC Value Award for Risk Management
    When building a business case for risk management software, independent validations of customer success stories speak louder than marketing claims. Winona Health won the 2016 GRC Value Award, granted by industry analyst firm GRC 20/20. Winona’s rapid success with risk management software is just one example of just how powerful and versatile deployments are when… The post Winona Health Wins 2016 G...
  • Risk Managers: What should you report to the Board?
    Board members are under more pressure than ever before to prove their organizations have effective enterprise risk management programs in place. This leads to internal pressure for you, the risk manager, because the board is now more incentivized to come to you for the necessary reports. We’ll get to reporting best practices in just a… The post Risk Managers: What should you report to the Board? a...
LogicManager, Inc.
LogicManager, Inc.
Blog Post

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