Below you'll find a list of all posts that have been categorized as “Mastering Controls”
In our previous posts, we’ve explored what controls are and the different types of controls organizations can implement. Now, let’s dive into the control lifecycle – the ongoing process of designing, implementing, monitoring, and improving controls to ensure they remain effective in managing risks. The Control Lifecycle The control lifecycle typically consists of the following stages: 1. Design 2. Implementation …
In our previous post, we introduced the concept of controls and their importance in risk management. Now, let’s explore the various types of controls and how to select the most appropriate ones for your organization’s needs. Categories of Controls Controls can be categorized in several ways, each offering a different perspective on how they function within an organization: 1. By …
In today’s complex business environment, organizations face a myriad of risks that can threaten their operations, reputation, and bottom line. To navigate these challenges, companies implement controls – a crucial component of risk management strategies. But what exactly are controls, and why are they so important? What are Controls? Controls are policies, procedures, and practices designed to mitigate risks and …
