Compliance and Risk

An audit is a review of your systems, processes, or records to ensure they meet requirements or standards.

Business continuity is the ability to keep your business running during and after disruptions.

Compliance means following laws, regulations, and industry standards that apply to your business.

Data privacy is the protection of personal and sensitive information from unauthorized access or misuse.

Due diligence is the process of evaluating risks before making a business decision.

Internal controls are policies and procedures that reduce risk and protect your business.

Regulatory requirements are rules set by laws or governing bodies that businesses must follow.

Risk is the potential for something to go wrong and impact your business.

Risk assessment is the process of identifying and evaluating potential risks.

Risk management is the process of identifying, reducing, and monitoring risks to your business.