Ghost Accounts, Entitlement Creep and Unwanted Guests
Ghost Accounts, Entitlement Creep, and Unwanted Guests: How Access Governance Can Protect Your SystemsIf your organization uses an ERP or other digital business applications to store and manage data, you could be at risk from some pretty spooky threats. With the increasing complexity of your IT environment, the risk of ... Read More
Challenges and Solutions Implementing Segregation of Duties
Top 8 Challenges and Solutions for Implementing Segregation of Duties and the Role of Access GovernanceIn intricate digital business operations, safeguarding integrity and security is paramount. One indispensable tool in achieving this goal is the practice of Segregation of Duties (SoD). SoD is a formidable barrier against fraud, errors, and unauthorized ... Read More
Segregation of Duties in Financial Institutions
Segregation of Duties in Financial Institutions:Ensuring Accountability and SecurityFinancial institutions play a key role in our global economy, managing vast sums of capital, sensitive financial data, and critical economic transactions. These institutions must adhere to stringent control measures to maintain trust and integrity in the financial system. One such essential ... Read More
The Importance of Segregation of Duties in Auditing
The Importance of Segregation of Duties in Auditing ExcellenceAuditing is an important practice for any organization, regardless of size or industry. It safeguards your business's financial integrity, ensuring that your financial reporting remains accurate and trustworthy. Within auditing, Segregation of Duties (SoD) is a cornerstone of strong risk management and ... Read More
Internal Controls and the Power of Automation
REGISTER The power of internal controls and the benefits of automationCan you imagine not worrying about compliance rules, data security, and passing your next audit? Internal Controls are the rules and processes put in place to mitigate a range of risks that can arise within an organization. They help to ... Read More
MGM Resorts Cyberattack and Access Security
MGM Resorts Cyberattack: Lessons Learned and the Wider Implications for Access SecurityCybersecurity breaches are common in today's digital economy, and their effects can be severe. MGM Resorts is one of the first companies to file an official disclosure with the Securities and Exchange Commission, reporting a cybersecurity incident last week ... Read More
Segregation of Duties in Fraud Prevention
The Role of Segregation of Duties in Fraud PreventionIt's easy to forget the cost of insider threats and fraud when so much attention is given to cyber-attacks. However, according to Ponemon's 2022 Cost of Insider Threats Global Report, insider threats have increased in frequency and cost in the last two ... Read More
The high cost of non-compliance
The High Cost of Non-Compliance: Strategies for Ensuring Compliance and Avoiding PitfallsCompliance is often perceived as a hassle. But failing to meet regulatory requirements can easily cost your business millions.To stay competitive, businesses have increasingly adopted connected technology, inadvertently forming a vulnerable network of unsecured systems. This unsecured network acts ... Read More
Segregation of Duties in IT Systems
Segregation of Duties in IT SystemsWelcome to the latest installment of our Segregation of Duties (SoD) blog series, "Top Ten Searched Topics on the Segregation of Duties - Answered." In our previous post, we explored how Segregation of Duties is a vital component of internal control systems, offering protection against ... Read More
Segregation of Duties for Small Businesses
Segregation of Duties in Small BusinessTop 10 SoD controls for Small BusinessSmall businesses are the lifeblood of economies, often characterized by their agility, close-knit teams, and entrepreneurial spirit. With limited resources, they tend to operate on lean, flexible structures where everyone plays a crucial role. However, the traits that make ... Read More
