Risk Management Via Third Parties Introduction Third-party contractors are increasingly used by businesses to guarantee quicker production results, adhere to strict delivery deadlines, and cut expenses. But they are susceptible to unanticipated hazards when they expand their operational environment through third-party suppliers to enhance their goods and services. Organizations
Assessment Of Information Security Risks Introduction Essentially a business idea, risk assessment is all about making money. Prior to anything else, we need to consider how your firm produces money, how its assets and personnel affect its profitability, and what dangers could cause significant financial losses for the business.
ISO 27701 Compliance Audit Introduction As an extension of ISO 27001, businesses planning to achieve ISO 27701 Compliance Audit certification must also comply with ISO 27001 or fulfil both standards at once. Building on ISO 27001, ISO 27701 provides a framework for data privacy. The most recent privacy recommended
Assessment Of Cyber Security Gaps Introduction In order to compare the existing state of information security to its ideal or optimum state of security, a assessment of cyber security gap is performed. After a vulnerability check, a thorough gap analysis in cyber security is the natural next move. A
Bank Information Security Compliance Introduction Bank IT audit units have established a requirement for audit to perform an independent and objective assessment of the organization’s capabilities to manage the associated risks in response to the growing threat of cyberattacks. Due to the quick development of information technology (IT), several
E-Sign ASP Compliance Audit Introduction Any vendor that offers software that will include data but is maintained and operated in the vendor’s data Centre and is not under the control or security of information technology, is considered an application service provider. This includes third party software and services vendors.
RBI UCBs SECURITY COMPLIANCE AUDIT Introduction With the revision of its original release on October 19, 2018, RBI improved the Cyber Security Framework for Urban Cooperative Banks (UCBs). The main purpose of conducting this audit is to identify weaknesses and security gaps, periodic inspections of the infrastructure and assets
NPCI UPI Compliance Audit Introduction The National Payments Corporation of India (NPCI) developed the Unified Payments Interface (UPI), an immediate real-time payment system, to streamline interbank transactions. The interface, which is governed by the RBI, allows for the immediate transfer of money between two bank accounts via a mobile
GST Suvidha Provider Compliance Audit Introduction GST Suvidha Provider is referred to as GSP. A GSP is a service provider that uses its online platform to assist the taxpayer in adhering to the GST law’s requirements. The returns submitted by businesses using GST Suvidha Provider will be received by
RBI PSS Compliance Audit Introduction Issues concerning the security of consumer data and the accountability of the service providers responsible for facilitating such transactions have grown significantly with the rising popularity of cashless transactions. Hence, the Reserve Bank of India has established a framework for the payment system providers
