Understanding ISMS: Information Security Management Systems
In an age where data is one of the most valuable assets for organizations, ensuring its protection has become paramount. As cyber threats grow in both complexity and frequency, businesses worldwide are increasingly adopting frameworks and standards to safeguard their
Navigating IRDAI Cyber Security Guidelines: A Guide for Insurers and Intermediaries
Introduction The Insurance Regulatory and Development Authority of India (IRDAI) introduced comprehensive Cyber Security Guidelines in 2023 to bolster the cyber resilience of insurers and intermediaries. The IRDAI Cyber Security Guidelines establish robust frameworks to protect critical information assets, mitigate
The Cyber GRC Automation Paradox and the Audit Manager: A Modern-Day Kalidasa’s Tale
In today’s fast-evolving business environment, organizations are constantly pressured to adopt new technologies to stay competitive. One area undergoing rapid transformation is Cyber Governance, Risk, and Compliance (Cyber GRC) automation, where AI and automation are reshaping industry practices. This shift
Understanding SEBI’s Guidelines on Outsourcing for Intermediaries
Introduction: The Securities and Exchange Board of India (SEBI) provides guidelines for outsourcing of activities by intermediaries. SEBI’s Guidelines on Outsourcing are designed to ensure that intermediaries maintain high standards of service and diligence, even when outsourcing certain activities. This
Third-Party Risk Management: A Key Pillar for de-risking your business
In today’s interconnected business landscape, organizations rely heavily on third-party vendors for operational efficiency, specialized expertise, and services. While these partnerships drive innovation and scalability, they also introduce risks that can threaten data security, compliance, and business continuity. Third-Party Risk
Demystifying the Zoo of Cyber Risks
In the ever-evolving landscape of cyber risks and threats, understanding the different types of risks can feel like navigating a zoo of exotic and unpredictable creatures. Each type of risk—be it a Black Swan, Grey Rhino, White Elephant, or Black
Unpacking the Security Controls Framework (SCF)
The increasing complexity of cyber threats and regulatory demands calls for a structured, efficient approach to managing security and compliance. The Security Controls Framework (SCF) provides a unified model that simplifies the implementation of security measures while ensuring adherence to
Understanding Service Level Agreements in Cybersecurity
Service Level Agreements in Cybersecurity play a pivotal role in defining expectations, timelines, and responsibilities between stakeholders. SLAs traditionally establish a formalized agreement between service providers and customers, but internal SLAs—agreements between teams or departments within an organization—are just as
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Request for Proposal Template for a GRC Product (Cyber Governance, Risk, and Compliance)
1. Introduction This Request for Proposal (RFP) is issued by [Your Organization’s Name] to solicit proposals from qualified vendors for a Governance, Risk, and Compliance (GRC) solution. Request for Proposal Template for a GRC product should support the organization’s need
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SEBI Cyber Capability Index (CCI)
The SEBI Cyber Capability Index (CCI) is a framework created to assess and quantify the cybersecurity preparedness and resilience of Market Infrastructure Institutions (MIIs) and Qualified Regulated Entities (REs). Its goal is to provide a standardized measurement of cybersecurity maturity
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SEBI’s Cybersecurity and Cyber Resilience Framework (CSCRF) Circular
Introduction: On August 20, 2024, SEBI introduced a comprehensive Cybersecurity and Cyber Resilience Framework (CSCRF) aimed at enhancing the protection of IT infrastructure and data across SEBI-regulated entities (REs). This circular is designed to ensure uniformity in cybersecurity measures and
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The Microsoft-CrowdStrike BSOD: A Black Swan in Cybersecurity?
The world witnessed a Black Swan in Cybersecurity recently: a global outage caused by a bug in cybersecurity software, led to the dreaded Blue Screen of Death (BSOD) on countless Microsoft Windows machines. This wasn’t your typical cyberattack, and understanding
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