Navigating IRDAI Cyber Security Regulations: 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. These guidelines establish robust frameworks to protect critical information assets, mitigate cyber risks, and

The Cyber GRC Audit Manager and the Automation Paradox: A Modern-Day Kalidasa’s Tale

In today’s fast-evolving business environment, organizations are constantly pressured to adopt new technologies to stay ahead. One area experiencing rapid transformation is Cyber Governance, Risk, and Compliance (GRC), where automation and AI are changing the rules of the game. This

GRC Automation: For Enterprises and SMBs

Introduction: What is GRC Automation? Governance, Risk, and Compliance (GRC) Automation refers to the use of technology to streamline processes associated with governance policies, risk management, and regulatory compliance. Organizations automate GRC workflows to reduce manual efforts, enhance accuracy, and

Understanding Information Security Management Systems (ISMS)

Introduction: What is GRC Automation? Governance, Risk, and Compliance (GRC) Automation refers to the use of technology to streamline processes associated with governance policies, risk management, and regulatory compliance. Organizations automate GRC workflows to reduce manual efforts, enhance accuracy, and

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. These guidelines are designed to ensure that intermediaries maintain high standards of service and diligence, even when outsourcing certain activities. This blog post

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 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 Jellyfish—carries unique

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 (SLAs) in Cybersecurity

Service Level Agreements (SLAs) 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 important.

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Request for Proposal (RFP) Template for a Cyber Governance, Risk, and Compliance (GRC) Product

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. The solution should support the organization’s need to manage compliance with multiple international,

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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 rare event recently : a global outage caused by a bug in cybersecurity software, leading to the dreaded Blue Screen of Death (BSOD) on countless Microsoft Windows machines. This wasn’t your typical cyberattack, and understanding why

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