The Digital Operational Resilience Act (DORA) is a regulation from the European Union (EU) that focuses on strengthening the cyber security of financial institutions. The goal of DORA is to ensure that financial companies can withstand, respond to, and recover from cyber threats. DORA was adopted in November 2022 and officially came into force on January 16, 2023. However, financial institutions must comply with DORA by...
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Governance, Risk, and Compliance (GRC) is a critical part of managing any modern organization. Companies need tools that simplify their processes, improve risk visibility, and ensure compliance with regulations. One platform that has gained popularity is ServiceNow GRC, a cloud-based solution for managing risk, compliance, and governance. But is ServiceNow the right choice for your organization? While it has its strengths, CyberArrow GRC offers a modern...
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Governance, Risk, and Compliance (GRC) are vital to the success of modern businesses. Companies must stay compliant with ever-changing regulations, manage risks effectively, and streamline processes to maintain operational efficiency. One popular tool that organizations use is SAI360, which provides comprehensive GRC and Ethics & Compliance Learning solutions. However, while SAI360 is a capable platform, there is a modern and more efficient alternative: CyberArrow GRC. This...
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Suppose a sudden disruption hits your business—be it a natural disaster, a cyberattack, or a major system failure. How do you ensure that operations keep running, employees stay informed, and customers are supported? Here, a business continuity plan (BCP) can help. A business continuity plan helps identify potential risks, establish procedures to address them, and ensure the organization's essential functions continue without interruption. But what should...
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With increasing digitization, businesses often rely on multiple partners to manage and process data. This is especially common with services like cloud storage, email marketing platforms, and analytics tools. When a company shares data with a service provider called a "processor," that processor may work with other vendors to handle specific tasks. These vendors are known as “sub-processors.” Understanding sub-processors can help businesses that deal with...
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Struggling with manual compliance processes or limited features in your current audit tool? You’re not alone. Many businesses face challenges keeping their compliance and audit workflows efficient. Audit tools like AuditBoard offer great features but might not always meet your business's evolving needs. Managing audits and compliance in a complex, dynamic environment requires more than just basic functionality. In this blog, we’ll explain what AuditBoard is, explore...
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