Joel Lanz is the founder and principal of Joel Lanz, CPA, P.C., a niche CPA practice focusing on information and technology governance, risk, compliance and auditing.Prior to starting his practice ...

Aligning risk management framework with risk appetite Building on a near-forgotten piece of research from the FSA on aligned risk management, our regular columnist Ariane Chapelle sets out metrics and ...

A third resource supporting the framework is scheduled to be published in May. This resource is an attest guide, Reporting on an Entity’s Cybersecurity Risk Management Program and Controls, which will ...

This fragmentation leaves organizations and their stakeholders struggling to assess and communicate their cybersecurity ...

The Risk Management Framework (RMF) was developed and published by the National Institute of Standards and Technology (NIST) in 2010 and later adopted by the Department of Defense (DoD) to act as ...

NIST Risk Management Framework vs. NIST Cybersecurity Framework The NIST Cybersecurity Framework was born out of an executive order that former President Barack Obama issued in February 2013, which ...

The new framework has been in the works since October 2014 (see COSO Plans Update to Enterprise Risk Management Framework). “Back in October 2014, we announced we were going to revise our ERM ...

So far, there has been positive feedback on the new framework. “I’ve received a bunch of calls and a bunch of items in social media, all saying this is a big step in a direction that risk management ...

The final version of the NIST Risk Management Framework 2.0 is now available, providing government agencies and commercial enterprises alike with new guidance that aligns risk, privacy and cyber ...

Risk professionals need to alleviate the burden of the risk management framework on the business by operating an "invisible framework", allowing the management of risks in a more natural, implicit and ...

Congress directed NIST to develop the AI Risk Management Framework in 2020. Congress directed NIST to develop the framework through the National Artificial Intelligence Act of 2020, and NIST has ...

On July 29, 2021, the Commerce Department’s National Institute of Standards and Technology issued a request for information to help develop a voluntary AI risk-management framework.