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Comprehensive Guide to GRC Systems in Financial Institutions The integration of Governance, Risk, and Compliance (GRC) systems in financial institutions represents a fundamental shift in how organizations manage their regulatory obligations, risk exposure, and governance frameworks. This comprehensive guide explores…
Business Impact Assessment Lifecycle and Components 1. BIA Foundation and Planning Key Objectives Identify critical business functions and processes Determine impact of disruptions on operations Establish recovery time objectives (RTO) Define recovery point objectives (RPO) Assess resource dependencies Planning Prerequisites…
In current dynamic threat landscape, organizations face increasingly sophisticated cyber attacks targeting their critical infrastructure and sensitive data. System hardening and vulnerability management form the cornerstone of a robust cybersecurity strategy, working in tandem to reduce the attack surface and…
Introduction The Saudi Central Bank (SAMA) maintains stringent counter-fraud requirements for financial institutions operating within Saudi Arabia. These requirements aim to protect the integrity of the financial system and safeguard against increasingly sophisticated fraud schemes. Core Components of SAMA’s Counter-Fraud…