360factor Blog
Creating a Risk Management Plan to Ensure Business Continuity
Creating a risk management plan for business continuity is necessary to ensure that management is making the right decision. Often there are business plans that seem like a fantastic idea but during execution unexpected problems occur...
IT GRC’s Growth Is Driven by Increasing Market Demands
The governance, risk, and compliance market keeps increasing in size and is projected to become a $64 billion dollar industry by the year 2025. This growth is fueled purely by multiple factors which all increase the demand for GRC sol...
Four Policy and Procedure Benefits of Document Tracking
Simply creating policy and procedure documents on Microsoft Word and publishing them as PDFs isn’t enough. Policy and procedure documents are a reference guide for the whole organization – they need to not only be helpful, but als...
Four Steps for Better Vendor Compliance Management
Third party risk management is often tougher for organizations to manage when compared to internal compliance. It is tougher because of a very simple reason; the vendors are not in the organization’s control. It is easy to train and...
Third Party Vendor Management for Small Businesses
Small and big businesses operate in the same environment under the same laws but the practicalities and realities of doing business are very different for them. These differences exist in vendor relationships as well. Big businesses g...
Why Tech Skills Are Now a Necessity for Compliance Risk Managers
Compliance departments are usually staffed with lawyers and accountants. Lawyers because of their expertise in the legal domain, which is a necessity for interpreting and enforcing compliance. Accountants because their technical exper...
