Evolving Compliance Strategies to Meet Changing Business Demands

The enterprise cybersecurity landscape is dramatically expanding in scale and complexity, and cyberattacks are growing in magnitude and impact as digital transformation increases on a global scale. From phishing scams, to ransomware attacks, to malicious breaches from state actors, the potential threat to your business is huge. According to the Ponemon Institute, the average per breach cost to a company in 2018 was estimated at $3.86 million, an increase of 6.4 percent over the previous year.

Even though cybersecurity presents a challenge to the enterprise, you are not helpless against the bad actors who seek to cause real and costly damage to your business. A proactive, company-wide, integrated digital security strategy that addresses cybersecurity threats at all levels of your business will provide you with both the offensive and defensive capabilities you need to handle whatever comes your way. Earn 1 CPE credit by attending this educational and interactive panel webinar. Our experts will discuss why fortifying your cybersecurity strategy should be a critical priority and highlight some best practices that you can employ to stay ahead of evolving threats, including how to;

- Understand the changing cyberattack landscape,
- Create a company-wide cybersecurity task force,
- Evaluate your security budget against your threat level,
- Fortify your cybersecurity defense with systems hardening, adaptive authentication, and endpoint protection.

Consumer demand is driving the corporate IT environment. Business demands for IT are changing rapidly — so too are the demands on IAM — resulting in the requirement to adopt emerging technologies (e.g., mobile and cloud computing, data loss prevention, and social media) earlier and more quickly. Scalability is critical for any business that wants to catalyze short- and long-term success. A flexible workflow for identity verification can help organizations of all sizes with limited time, resources, and funding to focus their efforts on initiatives that support positive growth. While your business might be conducting background checks today, it could have different verification needs in the future to ease onboarding friction, prevent data breaches, and demonstrate regulatory compliance.

It’s important to begin laying the groundwork now for a more sophisticated and intricate verification program so you can be proactive, not reactive, but what does a scalability strategy look like? In this CPE accredited panel webinar our experts will address how to create identity and credential verification workflows that can scale with your organization as it grows, including how to:

- Gain a better understanding of the digital identity landscape,
- Ensure accuracy of both data sources and verification records,
- Centralize verification of multiple data sources into a unified platform,
- Evaluate new developments like biometrics, AI, and blockchain, and how they can impact identity and data management,
- Save money in the long-term by laying the groundwork for adaptable online verification workflows,
- Adapt and respond to new regulations.

The current state of vendor risk management (VRM) is bleak. More than half of all information security breaches are caused by third-party vendors, and according to Deloitte 83% of today’s business leaders lack confidence in third party VRM processes. Given the growing complexities in accurately collecting and screening third-party data and the need for deeper due diligence, automation is key to a successful risk program. However, many corporations haven’t adopted automation in their third-party risk management programs.

The lack of automation adoption can be traced to a few core reasons. Disparate systems, out-of-date data, and inconsistent policies can all stifle a company’s ability to modernize their third-party risk management program, and companies often suffer from more than one of these. When applied effectively, automation can not only help prevent these roadblocks; it can also drive the efficiencies procurement and compliance leaders are looking for. Join this CPE accredited panel webinar as our expert panel address some key steps to automating third-party risk management, including how to:

-Manage an up-to-date vendor master to create one source of truth across the entire corporation,
-Leverage automation and machine learning to standardize data governance,
-Drive efficiencies and reduces costs, while ensuring the highest accuracy in your third-party risk management program.