#grc system

[sentrient]

What are the benefits of GRC Software and Its Importance for Australian Businesses?

As an Australian business owner or manager, you’re probably all too familiar with the challenges of keeping up with ever-changing regulations, managing risks, and ensuring your company stays on the right side of compliance. But what if there was a tool that could help you manage all these tasks with less effort and more confidence?

Enter Governance, Risk and Compliance (GRC) software. This powerful technology is changing the game for businesses across Australia, helping them navigate the complex world of governance, risk, and compliance with greater ease and efficiency.

In this post, we’ll explore everything about GRC software, starting with what it is, how it works, and why it’s becoming an essential tool for Australian businesses of all sizes.

What is GRC Software?

GRC stands for Governance, Risk, and Compliance. It’s a unified approach to managing these three critical areas of your business, which are often closely interrelated.

In simple terms, it helps organisations streamline and integrate their approach to governance, risk management, and compliance.

Today, you’ll find various GRC systems on the market. Some are designed for specific industries, while others are more general-purpose. Some focus on particular aspects of GRC, like risk management or compliance, while others offer a full suite of features covering all aspects of GRC.

Top Benefits of GRC SoftwareKey Features to Consider in GRC Software

Conclusion

In summary, GRC software is essential for Australian businesses. It helps manage governance, risk, and compliance, offering valuable solutions for businesses of all sizes. The key is to choose a flexible solution that meets your needs.

This blog post was originally published here: GRC Software and Its Importance for Australian Businesses

[suchi05]

SAP Audit Management | SAP GRC AM | Governance, Risk & Compliance | ToggleNow

Welcome to our SAP Audit Management services, where we leverage the power of cutting edge technology to revolutionize your auditing processes. Our team specializes in harnessing the capabilities of SAP Audit Management, a solution designed to streamline audits, enhance efficiency, and align your internal audit functions with your organization’s broader strategic goals.

With our expertise in SAP solutions and a deep understanding of governance, risk, and compliance (GRC) practices, we empower your business to transcend traditional audit methodologies and embrace a more agile, data-driven approach.

Leveraging the prowess of SAP HANA’s in-memory database, we enable rapid access to critical information, facilitating informed decision-making and empowering your internal auditors to take on a more strategic advisory role. Through seamless integration with other GRC solutions within the SAP ecosystem, we provide a comprehensive view of your risk landscape, ensuring that audits are not only compliance-driven but also aligned with your overarching business objectives. SAP Audit Management Services

What we offer? 1 Implementation Services Experience Rapid SAP Audit Management Implementation in Just 8-10 Weeks with ToggleNow’s Quick Deployment Service. Achieve Cost-Effective and Swift Roll-Outs! Whether it is On-Premise (Client Hosted – Perpetual License) or Cloud-Based (SAP-Hosted – Subscription License) for Seamless Audit Management, we have the expertise!

2GRC Innovation Unlock the Power of Innovation with ToggleNow’s Custom Dashboards, Audit Universe Definitions, Regulatory, Financial, and Cyber Content Libraries, and Machine Learning tailored rules specifically for SAP GRC Solutions. Experience our Cutting-edge Solutions to Transform and Enhance Your GRC Audit Management solution!

3 Support Services Discover Cost-Effective GRC Support & Managed Services by ToggleNow, along with Expert-Led Upgrade Services. Explore our extensive track record of supporting clients with a myriad of SAP GRC projects and services. Being a market leader in managing SAP GRC systems for various clients, we bring the right expertise, people and practices to take your experience to the next level.

Read more: https://togglenow.com/services/sap-audit-management/

[tyasuite123]

What is Compliance Management Software and How Does It Fit Into GRC?

Businesses require strong solutions to efficiently manage compliance in the complicated regulatory environment of today. This is where compliance management software plays a crucial role. But what exactly is compliance management software, and how does it integrate with Governance, Risk, and Compliance (GRC) frameworks?

Understanding Compliance Management Software

Compliance management software is a tool designed to help organizations adhere to legal and regulatory requirements. It streamlines the process of monitoring, managing, and ensuring compliance across various regulations. This software not only simplifies the compliance process but also reduces the risk of non-compliance, which can lead to hefty fines and reputational damage.

Role of Compliance Management Software in GRC

Governance, Risk, and Compliance (GRC) is a comprehensive framework that integrates the management of an organization's overall governance, enterprise risk management, and compliance with regulations. Compliance management tools is an integral part of this framework, providing a systematic approach to managing compliance tasks. It enables businesses to align their compliance initiatives with their overall risk management and governance strategies, ensuring a cohesive and effective approach to regulatory adherence.

Benefits of Using Compliance Management Software

Efficiency: Automates compliance processes, reducing manual effort and errors.

Real-time Monitoring: Provides continuous monitoring and reporting, ensuring up-to-date compliance status.

Risk Mitigation: Identifies and mitigates compliance risks proactively.

Documentation: Maintains comprehensive records of compliance activities for audits and inspections.

Choosing the Right Compliance Management Platform

When selecting a compliance management platform, consider features such as user-friendliness, integration capabilities, scalability, and support services. A well-chosen compliance management system[NG1]  can significantly enhance your organization's ability to meet regulatory requirements and manage risks effectively.

Integrating compliance management software within your GRC framework is essential for maintaining regulatory compliance and minimizing risks. Organizations may guarantee a smooth and effective approach to managing compliance in today's constantly changing regulatory landscape by utilizing the appropriate compliance software solutions, such as TYASuite.

[thinkhappythxughts]

finally getting round to sorting my deed poll (legal name change) and oh my god this is going to be an annoying process. To have it changed on my driving license i need the deed poll and a whole new license application form, which needs to cross-reference my passport. The passport name change system is so complicated that I don't even fully understand what documents I need. For the license I also need a payslip, which means I need to change my name with my bank. The bank needs to see the deed poll in person, and the process can be helped by seeing proof of name use, such as a payslip. Which can't be in my chosen name until the bank updates it. My brain hurts and this feels like a hate crime

[bctdigital]

BCT Digital: One Stop Solution for Credit Risk, EWS, Expected Credit Loss,Audit Management,ERM, GRC,Audit Management, Compliance Management, Model Risk Management,Asset Liability Management,Raroc Calculator.

BCTDigital is a leading technology firm that provides cutting-edge solutions for financial institutions and businesses in the area of credit risk, enterprise risk management, audit management, compliance management, model risk management, and asset liability management. The company's goal is to help its clients effectively manage risk and comply with regulatory requirements, ultimately leading to improved financial stability and growth.

Credit Risk Management: BCTDigital's credit risk management solution enables financial institutions to monitor and manage their credit risk exposure in real-time. It provides an in-depth view of credit portfolios, early warning systems (EWS) and stress testing capabilities to assess the impact of various economic scenarios on the credit portfolio. This helps institutions make informed decisions regarding loan origination and portfolio management, reducing the risk of credit losses.

Enterprise Risk Management: BCTDigital's enterprise risk management solution provides a comprehensive view of all risks facing an organization, including operational, financial, and strategic risks. It enables organizations to identify, assess, and prioritize risks, and to design and implement appropriate risk mitigation strategies. This helps organizations make informed decisions and manage risks more effectively, leading to improved financial stability and performance.

Audit Management: BCTDigital's audit management solution streamlines the audit process, making it more efficient and effective. It provides a centralized platform for managing audit plans, schedules, and results, as well as for tracking and reporting on audit findings. This helps organizations ensure that audits are conducted in a consistent and efficient manner, and that any issues are identified and addressed in a timely manner.

Compliance Management: BCTDigital's compliance management solution helps organizations ensure compliance with relevant regulations and laws. It provides a centralized platform for managing compliance policies, procedures, and processes, as well as for tracking and reporting on compliance activities. This helps organizations reduce the risk of non-compliance, ensuring that they are able to meet their obligations and maintain their reputation.

Model Risk Management: BCTDigital's model risk management solution helps organizations manage the risks associated with the use of mathematical models in their operations. It provides a centralized platform for managing and testing models, as well as for tracking and reporting on model performance. This helps organizations ensure that their models are accurate and reliable, reducing the risk of incorrect decisions based on inaccurate model outputs.

Asset Liability Management: BCTDigital's asset liability management solution helps organizations manage the risks associated with their balance sheet. It provides a comprehensive view of an organization's assets and liabilities, as well as the potential impact of changes in interest rates, market conditions, and other factors on their balance sheet. This helps organizations make informed decisions regarding their balance sheet, reducing the risk of financial losses.

In conclusion, BCTDigital's solutions provide financial institutions and businesses with the tools they need to effectively manage risk and comply with regulatory requirements. By providing a centralized platform for managing risk and compliance, organizations can make informed decisions, improve financial stability and performance, and ultimately achieve their goals. Whether you are a financial institution looking to manage credit risk or a business looking to ensure compliance with regulations, BCTDigital has the expertise and technology to help you succeed

[cassolotl]

UK petition: Recognise nonbinary people's genders in law and in identity documents

It's that time again. There was no active UK parliament petition about nonbinary identities being recognised in law, so I made one.

The UK government has repeatedly acknowledged the existence of nonbinary people, but it has repeatedly refused to grant recognition in law and systems. Nonbinary genders should be recognised on: - Passports - GRCs - Marriage documents - Death certificates

[ Sign here ]

Deadline: 11 October 2024

Signatures: 54 of 100,000

See a graph: here

Who can sign:

Anyone living in the UK, regardless of citizenship

Anyone with UK citizenship, living anywhere in the world

No one else! Don't fake your postcode or whatever, it'll invalidate the petition

[golden444manifest]

It girl Manifesting/Scripting List ✨🤍✨

I am ready to commit to the It Girl lifestyle. I’m determined to become the woman I want to be and learn to embrace and celebrate my accomplishments. I’ve tried in the past, but it never quite took off the ground. This time, I'm going in with a plan! Below are some overarching ways I want to bring more abundance into my life.

Consistently practicing gratitude, I have been immensely blessed for everything I accomplished and the support system I have gained over the years. Very grateful for every opportunity as it's what made me the woman I am today. The first step to abundance is gratitude.

Financial Stability: I want to have the confidence that I can handle unexpected expenses while also giving myself a better quality of life. Release my scarcity mindset. Save up to 6 months of expenses. Complete the 52-week saving challenge.

Confidence in my work, remember that I am new, take everything as a learning lesson, and follow the rules.

Positive self image, believe that I am enough. See my inner/outer beauty. Put more effort into my appearance.

Building healthy routines, hair appointments, eyebrow appointments. Have a planning routine and new hygiene routines.

Taking care of my health, return to the dentist. It is very overwhelming, and I need so much done.

Moving out of the state, options are Houston and NYC. I want to go to NYC and move in with my dad's side of the family. I’ve wanted to do this for a long time, and I need a time-out. I also enjoy a better quality of life. NYC has amazing food and architecture, and I will never be bored. The job market is pretty competitive, so I'm working on my resume and have confidence that I am a valuable candidate.

Consistent blogging/content, start an IG documenting my It girl/wellness/career journey. It gives me a way to romanticize my life. It would also provide me with practice in creating a posting schedule and organizing my ideas.

Letting love back into my life, after my break up I shut my heart down and kept the world at arm's length. Now, I want to return to the dating world, and I like to transition smoothly.

Accepting a job in NYC, it's also vital for it to be very similar to my role now. I want to stay in the GRC space.

This is not everything I want to do, but this is an excellent place to start. I'm so ready for this glow-up. My mind is there; all I have to do is plan and execute.

Cheers to new beginnings. May my blessings and yours overflow! 🥂✨🤍

[religion-is-a-mental-illness]

By: Aletha Adu

Published: Dec 7, 2023

Gender-affirming care for children could be considered “a new form of conversion therapy”, Kemi Badenoch has said.

The women and equalities minister made the claim as she confirmed plans to bring forward a bill to ban conversion practices, which seek to change or suppress someone’s sexual orientation or gender identity.

Research indicates about 7% of LGBT+ people have been offered or undergone such practices, and activists have been concerned about the scope of the ban since Theresa May first promised it in 2018.

Badenoch said the legislation had to address issues with gender-affirming care, which some critics argue is not the right approach for young people who are questioning their gender identity.

Badenoch addressed the case of Keira Bell, who began taking puberty blockers when she was 16 and then medically transitioned and had surgery to remove her breasts as an adult. She later regretted this and sued the Tavistock gender identity clinic where she had received treatment, arguing she had been too young to consent to treatment as a teenager. The court agreed but this ruling was overturned on appeal in 2021.

Badenoch told MPs: “Girls like Keira Bell who were rushed on to puberty blockers by the NHS, and had a double mastectomy, now regret the irreversible damage done to them. I believe this is a new form of conversion therapy”.

Clinicians working at the Tavistock clinic have previously told the Guardian that affirmative care does not have an inevitable outcome of transition. They have argued that instead it involves exploring and questioning a young person’s view of their identity.

Badenoch said doctors were “fearful of giving honest clinical advice to a child because if they do not automatically affirm and medicalise a child’s new gender they will be labelled transphobic, so whatever bill we do needs to address many of those issues and that is why we are going to publish a draft bill.”

She announced a “long overdue” update to a list of approved countries from which the UK will accept gender recognition certificates (GRCs).

Badenoch did not outline which countries would be removed, but her Labour counterpart, Anneliese Dodds, said while Germany remained and China had been added, “our closest Five Eyes allies” had been taken off. The Five Eyes alliance includes Australia, New Zealand, Canada and the US.

Badenoch told the Commons: “We are doing this because there are some countries and territories on the list who have made changes to their systems and would not now be considered to have similarly rigorous systems [for awarding GRCs] as the UK. Inadvertently allowing self-ID for obtaining GRCs is not government policy. It should not be possible for a person who does not satisfy the criteria for UK legal gender recognition to use the overseas routes to do so.”

Dodds questioned whether the changes to the list would have any diplomatic impact, and criticised the government’s delay on issuing guidance for schools on whether transgender children in England will be supported to socially transition at school. This could mean a school recognising the child using a different name and pronoun, or authorising the use of different toilets and facilities.

Applications for a gender recognition certificate can be made by someone if they are aged 18 or over, have been diagnosed with gender dysphoria in the UK, have lived in their affirmed gender for at least two years and plan to live in this gender for the rest of their life.

Dodds criticised Badenoch’s statement, saying there had been “no conversion practices ban, no commitment to make every strand of hate crime an aggravated offence despite a staggering rise in offences against LGBT+ people and no provision to schools of the guidance that has been promises repeatedly but not delivered”.

==

They have argued that instead it involves exploring and questioning a young person’s view of their identity.

We know this is unambiguously false, because radical genderists got upset that the Cass report advised adopting exploratory therapy, which the genderists deliberately mislabel as "conversion therapy" to warn people away from interfering in their mind-body duality mysticism ideology.

Here's a paper that makes exactly this claim:

https://pubmed.ncbi.nlm.nih.gov/36068009/

Abstract

Opposition to gender-affirmative approaches to care for transgender youths by some clinicians has recently begun to consolidate around "gender exploratory therapy" as a proposed alternative. Whereas gender-affirmative approaches follow the client's lead when it comes to gender, gender-exploratory therapy discourages gender affirmation in favor of exploring through talk therapy the potential pathological roots of youths' trans identities or gender dysphoria. Few detailed descriptions of the approach's parameters have been offered. In this article, I invite clinicians to reflect on gender-exploratory therapy through a series of questions. The questions are followed by an exploration of the strong conceptual and narrative similarities between gender-exploratory therapy and conversion practices. Finally, the ethical dimensions of gender-exploratory therapy are discussed from the lenses of therapeutic neutrality, patient-centered care, loving attention, and therapeutic alliance, suggesting that the approach may be unethical.

[mariacallous]

Generative AI tools such as OpenAI’s ChatGPT and Microsoft’s Copilot are rapidly evolving, fueling concerns that the technology could open the door to multiple privacy and security issues, particularly in the workplace.

In May, privacy campaigners dubbed Microsoft’s new Recall tool a potential “privacy nightmare” due to its ability to take screenshots of your laptop every few seconds. The feature has caught the attention of UK regulator the Information Commissioner’s Office, which is asking Microsoft to reveal more about the safety of the product launching soon in its Copilot+ PCs.

Concerns are also mounting over OpenAI’s ChatGPT, which has demonstrated screenshotting abilities in its soon-to-launch macOS app that privacy experts say could result in the capture of sensitive data.

The US House of Representatives has banned the use of Microsoft’s Copilot among staff members after it was deemed by the Office of Cybersecurity to be a risk to users due to “the threat of leaking House data to non-House approved cloud services.”

Meanwhile, market analyst Gartner has cautioned that “using Copilot for Microsoft 365 exposes the risks of sensitive data and content exposure internally and externally.” And last month, Google was forced to make adjustments to its new search feature, AI Overviews, after screenshots of bizarre and misleading answers to queries went viral.

Overexposed

For those using generative AI at work, one of the biggest challenges is the risk of inadvertently exposing sensitive data. Most generative AI systems are “essentially big sponges,” says Camden Woollven, group head of AI at risk management firm GRC International Group. “They soak up huge amounts of information from the internet to train their language models.”

AI companies are “hungry for data to train their models,” and are “seemingly making it behaviorally attractive” to do so, says Steve Elcock, CEO and founder at software firm Elementsuite. This vast amount of data collection means there’s the potential for sensitive information to be put “into somebody else’s ecosystem,” says Jeff Watkins, chief product and technology officer at digital consultancy xDesign. “It could also later be extracted through clever prompting.”

At the same time, there’s the threat of AI systems themselves being targeted by hackers. “Theoretically, if an attacker managed to gain access to the large language model (LLM) that powers a company's AI tools, they could siphon off sensitive data, plant false or misleading outputs, or use the AI to spread malware,” says Woollven.

Consumer-grade AI tools can create obvious risks. However, an increasing number of potential issues are arising with “proprietary” AI offerings broadly deemed safe for work such as Microsoft Copilot, says Phil Robinson, principal consultant at security consultancy Prism Infosec.

“This could theoretically be used to look at sensitive data if access privileges have not been locked down. We could see employees asking to see pay scales, M&A activity, or documents containing credentials, which could then be leaked or sold.”

Another concern centers around AI tools that could be used to monitor staff, potentially infringing their privacy. Microsoft’s Recall feature states that “your snapshots are yours; they stay locally on your PC” and “you are always in control with privacy you can trust.”

Yet “it doesn’t seem very long before this technology could be used for monitoring employees,” says Elcock.

Self-Censorship

Generative AI does pose several potential risks, but there are steps businesses and individual employees can take to improve privacy and security. First, do not put confidential information into a prompt for a publicly available tool such as ChatGPT or Google’s Gemini, says Lisa Avvocato, vice president of marketing and community at data firm Sama.

When crafting a prompt, be generic to avoid sharing too much. “Ask, ‘Write a proposal template for budget expenditure,’ not ‘Here is my budget, write a proposal for expenditure on a sensitive project,’” she says. “Use AI as your first draft, then layer in the sensitive information you need to include.”

If you use it for research, avoid issues such as those seen with Google’s AI Overviews by validating what it provides, says Avvocato. “Ask it to provide references and links to its sources. If you ask AI to write code, you still need to review it, rather than assuming it’s good to go.”

Microsoft has itself stated that Copilot needs to be configured correctly and the “least privilege”—the concept that users should only have access to the information they need—should be applied. This is “a crucial point,” says Prism Infosec’s Robinson. “Organizations must lay the groundwork for these systems and not just trust the technology and assume everything will be OK.”

It’s also worth noting that ChatGPT uses the data you share to train its models, unless you turn it off in the settings or use the enterprise version.

List of Assurances

The firms integrating generative AI into their products say they’re doing everything they can to protect security and privacy. Microsoft is keen to outline security and privacy considerations in its Recall product and the ability to control the feature in Settings > Privacy & security > Recall & snapshots.

Google says generative AI in Workspace “does not change our foundational privacy protections for giving users choice and control over their data,” and stipulates that information is not used for advertising.

OpenAI reiterates how it maintains security and privacy in its products, while enterprise versions are available with extra controls. “We want our AI models to learn about the world, not private individuals—and we take steps to protect people’s data and privacy,” an OpenAI spokesperson tells WIRED.

OpenAI says it offers ways to control how data is used, including self-service tools to access, export, and delete personal information, as well as the ability to opt out of use of content to improve its models. ChatGPT Team, ChatGPT Enterprise, and its API are not trained on data or conversations, and its models don’t learn from usage by default, according to the company.

Either way, it looks like your AI coworker is here to stay. As these systems become more sophisticated and omnipresent in the workplace, the risks are only going to intensify, says Woollven. “We're already seeing the emergence of multimodal AI such as GPT-4o that can analyze and generate images, audio, and video. So now it's not just text-based data that companies need to worry about safeguarding.”

With this in mind, people—and businesses—need to get in the mindset of treating AI like any other third-party service, says Woollven. “Don't share anything you wouldn't want publicly broadcasted.”

[whatevergreen]

"The Scottish government has hailed a “historic day for equality” after MSPs approved plans to make it easier and less intrusive for individuals to legally change their gender, extending the new system of self-identification to 16- and 17-year-olds for the first time.

Six years after it was proposed by the first minister, Nicola Sturgeon, after two of the largest public consultations in the history of the Scottish parliament and amid an increasingly toxic and polarised political discourse, the bill was passed by MSPs on Thursday in a specially extended session.

As a mark of the escalating tensions surrounding the changes, the debate was disrupted minutes before the final vote by protesters in the public gallery shouting “shame on you” and “this is the darkest day”.

The final vote followed an unprecedented two days of debate as members worked cross-party and past midnight on more than 150 amendments to address concerns about abusive males potentially taking advantage of the new system, and its impact on UK equality law.

The gender recognition reform (Scotland) bill removes the need for a psychiatric diagnosis of gender dysphoria in order to obtain a gender recognition certificate (GRC), and extends the application process to 16- and 17-year-olds for the first time.

Scotland’s new self-identification system will also reduce the time someone must have been permanently living in their acquired gender before they can apply – from two years to three months, or six months for those aged 16 and 17 – with a three-month reflection period during which an individual can change their mind. ..."

Before the vote:

"... Shona Robison, the cabinet secretary for social justice, is winding up the debate on the gender recognition reform (Scotland) bill.

She says a clear international consensus now exists in favour of self-declaration for gender recognition. She says only yesterday Spain passed the first stage of a law that would implement this.

And she also says this was recently acknowledged in a report from the Council of Europe’s commissioner for human rights. Here is an extract from that report.

"The UN independent expert on protection against violence and discrimination based on sexual orientation and gender identity has also recommended that legal gender recognition should be based on self-determination, be a simple administrative process, and not require applicants to fulfil abusive requirements, including medical certification.

The commissioner considers that, from a human rights perspective, selfdetermination models for legal gender recognition represent a best practice, and the introduction of such a model in the UK would therefore constitute an important step forward.

The commissioner notes that the number of Council of Europe member states that have eliminated the requirement to provide medical certificates or diagnoses for legal gender recognition has more than doubled since 2018, with nine having adopted such models, and proposals pending in other member states.

To the commissioner’s best knowledge, there is no evidence of these self-determination procedures being misused or leading to issues in relation to the rights of others."

Some good news for a change.

[sentrient]

Understanding 5×5 Risk Assessment Matrix: A Complete Guide

Imagine you’re about to embark on a new project or venture.

You’re excited, but there’s that nagging feeling in the back of your mind — what could go wrong?

Understanding how to assess and manage risks is crucial.

That’s where the 5×5 risk assessment matrix comes in.

In this guide, we’ll break down everything you need to know about the 5×5 risk assessment matrix. You’ll learn what it is, why it’s so useful, and how to use it effectively.

What is a 5×5 Risk Assessment Matrix?

A 5×5 risk assessment matrix is a simple visual tool to evaluate and prioritize risks based on two factors: probability and impact.

The “5×5” refers to its structure: five levels of probability (from rare to almost certain) and five levels of impact (from insignificant to severe). When these intersect, different risk levels are shown in colors like green, yellow, and red, similar to a traffic light system.

This matrix is used across industries — from construction to finance — and can be tailored to specific needs, such as versions adapted to Australian regulations.

Why Should You Use a 5×5 Risk Assessment Matrix?

Prioritise Risks

Proactive Risk Management

Reduce Insurance Costs

Promotes a Culture of Safety

Improves Project Outcomes

Example of 5×5 Risk Matrix:

To dive deep in to 5×5 Risk Assessment Matrix Click here.

[complinitytechnologies]

Overview on Governance, Risk Management, and Compliance (GRC)

Governance, risk management, and compliance (GRC) refers to an integrated approach for managing important frameworks across an organization. By aligning activities in these critical areas, businesses can take a holistic view to overseeing operations, avoiding pitfalls, and meeting objectives.

Corporate governance involves the rules, practices, and processes used to direct operations and decision-making. This includes defining responsibilities, ensuring accountability, and setting strategic goals. With effective governance, businesses operate ethically and responsibly towards all stakeholders.

Risk management is the process of recognizing, evaluating, and responding to potential risks that may negatively impact the business. By identifying risks proactively and implementing controls, companies can prevent or mitigate adverse events in areas like operations, finance, legal matters, technology, and more.

Compliance refers to conforming with the various laws, regulations, and policies that apply to an organization. Businesses must adhere to a complex array of compliance requirements at the local, national, and global level. GRC helps embed compliance into normal business activities.

Using integrated GRC tools and strategies allows businesses to take a coordinated view of governance, risk, and compliance. This provides comprehensive visibility, enables information sharing, reduces redundancies, and helps build an ethical and resilient organization. A strong GRC approach is key for navigating today's risky and highly regulated business landscape.

[suchi05]

SAP Audit Management | SAP GRC AM | Governance, Risk & Compliance | ToggleNow

Explore our unique SAP Audit Management solutions. Benefit from SAP AM implementation, Audit Universe setup, and seamless integration with SAP PC and SAP RM.

SAP Audit Management Services

Welcome to our SAP Audit Management services, where we leverage the power of cutting edge technology to revolutionize your auditing processes. Our team specializes in harnessing the capabilities of SAP Audit Management, a solution designed to streamline audits, enhance efficiency, and align your internal audit functions with your organization’s broader strategic goals.

With our expertise in SAP solutions and a deep understanding of governance, risk, and compliance (GRC) practices, we empower your business to transcend traditional audit methodologies and embrace a more agile, data-driven approach.

Leveraging the prowess of SAP HANA’s in-memory database, we enable rapid access to critical information, facilitating informed decision-making and empowering your internal auditors to take on a more strategic advisory role. Through seamless integration with other GRC solutions within the SAP ecosystem, we provide a comprehensive view of your risk landscape, ensuring that audits are not only compliance-driven but also aligned with your overarching business objectives.

Read more: https://togglenow.com/services/sap-audit-management/

[tobiasdrake]

Villain Breakdown - The Flag-Smasher

Karli. Karli, Karli, Karli.

Karli Morgenthau is easily the most sympathetic villain in the entire MCU, to the point of being too sympathetic for her role within the story. The final episode seems to imply that we're meant to take her as the greater evil than the GRC. But. Like. She's trying to feed starving children in refugee camps.

She's evil because she's willing to use violence to prevent ethnic cleansing, while the people talking about committing ethnic cleansing get off with much lighter condemnation. She's blowing up buildings, while they're starving millions of people and abandoning them to die of illnesses. Her violence is committed bluntly and directly against the perpetrators of harm, while their violence is committed through the widespread neglect and systemic oppression of millions of people. Therefore, she's the evil one that must be killed.

I hate it. I genuinely do not understand how this character who seems to have been crafted through episode after episode to tug at the heartstrings and garner sympathy can be so. I don't even know. Was that all accidental? Was this really supposed to be the audience's takeaway this whole time? That she's evil and monstrous and should have just let her people starve?

How do you screw up this badly?

They somehow wrote an antihero when they meant to write a one-dimensional ubervillain, and that is the poison pill that ruins The Falcon and the Winter Soldier on its landing.

So what's my verdict on Karli Morgenthau? Well. She's great.

But apparently not for the reasons that were intended.

[mythologeekwriter]

Current state of things for trans people not looking fantastic, I must say.

Ministers ‘drop plans’ to ban pupils changing gender but teachers won’t have to use pupils’ preferred pronouns (msn.com)

The Government has been consistently clear about the importance of biological sex, and the guidance will reflect that.

Gender-affirming care for children ‘form of conversion therapy’, says Badenoch (msn.com)

Badenoch said doctors were “fearful of giving honest clinical advice to a child because if they do not automatically affirm and medicalise a child’s new gender they will be labelled transphobic, so whatever bill we do needs to address many of those issues and that is why we are going to publish a draft bill.” She announced a “long overdue” update to a list of approved countries from which the UK will accept gender recognition certificates (GRCs). Badenoch did not outline which countries would be removed, but her Labour counterpart, Anneliese Dodds, said while Germany remained and China had been added, “our closest Five Eyes allies” had been taken off. The Five Eyes alliance includes Australia, New Zealand, Canada and the US. Badenoch told the Commons: “We are doing this because there are some countries and territories on the list who have made changes to their systems and would not now be considered to have similarly rigorous systems [for awarding GRCs] as the UK. Inadvertently allowing self-ID for obtaining GRCs is not government policy. It should not be possible for a person who does not satisfy the criteria for UK legal gender recognition to use the overseas routes to do so.”