VISTA InfoSec

JUNE 26, 2024

Such due diligence is of interest to you as an investor because cybersecurity affects the following: Regulatory Compliance Businesses with strong compliance records are safer investments, capable of mitigating risks and sustaining growth. It ensures you invest in organizations capable of mitigating cyber threats to give you long-term gains.

Cybersecurity 260

Cybersecurity Due Diligence Security Breach 260

VISTA InfoSec

MAY 24, 2024

It helps assess and mitigate security risks systematically by identifying vulnerabilities and implementing controls to address them before they materialize. Information Security Management System (ISMS) Internal audit under section 12.1.1 It must be done weekly and/or after significant changes in the systems and applications.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

PYMNTS

JANUARY 10, 2019

The IFAC’s latest report, “ Enabling the Accountant’s Role in Effective Enterprise Risk Management ,” highlights the potential for corporate accountants to not only identify and mitigate risks their companies face, but to uncover new opportunities for growth and success through ERM strategies.

Risk Mitigation 74

Risk Mitigation Mitigation Risk Finance 74

VISTA InfoSec

OCTOBER 7, 2024

As financial institutions increasingly rely on digital infrastructure to enhance operations, customer experience, and security, they also face growing challenges in mitigating the risks that come with it, such as cyber threats, system failures, and other operational vulnerabilities.

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

PYMNTS

JANUARY 26, 2021

Usually, the auditing workflow involves looking at expense reports filed by employees, with a focus on identifying potentially erroneous or even fraudulent transactions. Digitizing and centralizing spend across various departments and workflows is the first step to enhancing the auditing process, said McCrossan.

Audit 75

Audit Continuity Automation Risk 75

The Payments Association

FEBRUARY 10, 2025

Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence. Including structured data would help PSPs monitor and mitigate financial crime risks.

IBAN 88

IBAN AML Master Account Due Diligence 88

PYMNTS

SEPTEMBER 3, 2020

Analysts Eye AR Automation To Mitigate Risk. In a recent press release , the consulting firm noted the value in enhancing AR strategies to mitigate the risk of a volatile market and to support consistent cash flow. It is around the visibility and auditability of the entire payment process.

Mitigation 78

Mitigation B2B Automation Consulting 78

Nanonets

APRIL 24, 2024

Audit Bank Reconciliation Guide  Both internal and external accounting audits are essential parts of financial management as well as organizational risk management. A bank reconciliation audit is one such process that helps in identifying financial gaps or discrepancies. Looking out for a Reconciliation Software?

Reconciliation 52

Reconciliation Audit Procedures Correspondent 52

Nanonets

JUNE 19, 2023

Accounts payable audits play a crucial role in the financial health of businesses. This article covers why accounts payable audits are important to maintain financial health and the steps in an AP audit process. We will also cover how automation helps to streamline the AP audit procedure. What is an AP Audit?

Audit 52

Audit Accounts Procedures Compliance 52

FloQast

NOVEMBER 20, 2023

Internal auditing ensures an organization’s financial integrity, compliance with regulations, and overall operational efficiency. One of the first steps in carrying out an effective internal audit is to perform an internal audit risk assessment. What Is an Internal Audit Risk Assessment?

Risk Assessment 52

Risk Assessment Audit Assessments Risk 52

PYMNTS

JULY 2, 2020

The former chair of the London Stock Exchange is calling for a thorough overhaul of audit standards in the wake of the $2.1 Auditors should be required “to find fraud rather than stumble over it,” Donald Brydon , appointed last year to overhaul audit standards in the United Kingdom, told the Financial Times.

Audit 56

Audit Law Enforcement Mitigation Settlement 56

VISTA InfoSec

FEBRUARY 25, 2024

Don’t wait to implement best practices that mitigate risks substantially: Keep All Systems Updated Run the latest software versions across networks/servers and endpoint devices while establishing processes for rapid updates whenever new patches are released. Conduct audits periodically post-partnership.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

FloQast

APRIL 30, 2024

At their core, compliance programs are tasked with identifying and mitigating risks that could cripple organizations, from financial irregularities to data breaches. Companies struggle to efficiently capture evidence of control execution, relying on disparate solutions that contribute to a fragmented environment and hinder audit processes.

Compliance 105

Compliance Addressing Audit Risk 105

Fintech News

FEBRUARY 10, 2025

Financial regulators need to ensure that AI systems are designed to avoid amplifying existing biases and that they undergo regular audits to check for discriminatory practices. However, ethical implementation and regulatory oversight remain critical to ensuring its benefits are maximised while mitigating risks.

AI 83

AI FinTech Fraud Detection Fraud Prevention 83

Neopay

JANUARY 22, 2025

Regular audits: Conducting comprehensive compliance audits to identify vulnerabilities and strengthen internal controls. By investing in training, implementing robust security measures, and leveraging AI for defence, organisations can mitigate the risks posed by GenAI fraud.

AI 59

AI Deepfake Phishing Audit 59

VISTA InfoSec

FEBRUARY 13, 2024

Audits play a complementary role by ensuring that existing security measures align with both internal policies and external regulatory requirements. In jurisdictions where regulatory compliance is stringent, such as in Singapore, audits are an indispensable part of the cybersecurity framework.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

VISTA InfoSec

OCTOBER 26, 2023

SOX establishes regulations around financial reporting, mandates internal control audits, and strengthens corporate governance. The SOC framework includes multiple internal control audit reports. Now let’s examine the key differences between SOC and SOX audits. It applies to all U.S. SOX, a U.S.

Audit 130

Audit Compliance Laws Government 130

Nanonets

MAY 8, 2023

If not, it may be time to rework your current accounting policies to implement audit trails. Despite what many business owners believe, audit trails aren’t reserved only for companies that receive an audit. Audit trails can prevent fraud, aid in disaster recovery, and ensure compliance with regulatory agencies.

Audit 52

Audit Procedures Disaster Recovery Reconciliation 52

VISTA InfoSec

DECEMBER 19, 2024

Test the IRP periodically to ensure its effectiveness in mitigating cyber incidents. VISTA InfoSec is recognized with SWIFT as an authorised auditing organisation. We are also offering AuditFusion360 a one-time audit service for all your compliance needs, including SWIFT CSP, PCI DSS, SOC 2, GDPR, ISO 27001, and more.

SWIFT 173

SWIFT Cybersecurity PCI DSS Compliance 173

VISTA InfoSec

OCTOBER 21, 2024

A decent level of personalization will give you more control over your funds and help mitigate damage from unauthorized transactions. Community members with a sizable stake are also incentivized to audit the solution for any backdoor vulnerabilities. Choose one that allows you to require manual confirmations for large transactions.

Cryptocurrency 162

Cryptocurrency Multifactor Authentication MFA Compromise 162

FloQast

FEBRUARY 19, 2025

He brings over 13 years of experience, providing clients with business and technology audits, as well as providing control design assessment and process improvement services. Xavier has led numerous SOX and Internal Audit engagements for clients ranging from start-ups to Fortune 500 companies throughout his career at CFGI.

Advisors 52

Advisors Compliance Risk Audit 52

Fintech News

MAY 13, 2024

The company introduced these AI solutions to integrate with its existing banking platforms, including Temenos Core and Financial Crime Mitigation (FCM). In the realm of Financial Crime Mitigation, the technology enables quick analysis and categorization of financial crime alerts and other critical data.

AI 108

AI Financial Crimes Crime Mitigation 108

The Payments Association

MARCH 25, 2025

Sends leverages AI to mitigate risks, comply with FCA, PSD2, and PCI DSS, and enhance client experience with secure and innovative services. When developing innovative solutions, my team and I take a strategic approach, carefully assessing potential future risks and proactively implementing measures to mitigate them.

Regulatory Compliance 136

Regulatory Compliance AML Compliance PCI DSS 136

Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

Audit 40

Audit Automation Risk Assessment Assessments 40

VISTA InfoSec

NOVEMBER 4, 2024

Develop an incident response plan An effective incident response plan is crucial for promptly managing and mitigating ICT disruptions. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes. This testing ensures your organization’s ability to respond to real-world cyberattacks.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Develop an incident response plan An effective incident response plan is crucial for promptly managing and mitigating ICT disruptions. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes. This testing ensures your organization’s ability to respond to real-world cyberattacks.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Develop an incident response plan An effective incident response plan is crucial for promptly managing and mitigating ICT disruptions. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes. This testing ensures your organization’s ability to respond to real-world cyberattacks.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

Develop an incident response plan An effective incident response plan is crucial for promptly managing and mitigating ICT disruptions. Regular reviews and audits ensure your systems and processes stay aligned with regulatory changes. This testing ensures your organization’s ability to respond to real-world cyberattacks.

Compliance 130

Compliance Risk Management Third-Party Service Provider Audit 130

VISTA InfoSec

SEPTEMBER 25, 2024

To mitigate these risks, it’s essential to implement strong cybersecurity measures during the transition to CCaaS. Regular Audits: Conduct regular security audits to identify potential vulnerabilities and address them before they can be exploited.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

OCTOBER 21, 2024

To mitigate these risks, it’s essential to implement strong cybersecurity measures during the transition to CCaaS. Regular Audits: Conduct regular security audits to identify potential vulnerabilities and address them before they can be exploited.

Cybersecurity 130

Cybersecurity CRM Disaster Recovery Encryption 130

VISTA InfoSec

OCTOBER 25, 2023

Exploring Risk Treatment Options: When risks surpass acceptable levels, explore various mitigation strategies. Implement Risk Treatment Plan and Statement of Applicability: The Risk Treatment Plan (RTP) in ISO 27001 certifies threat responses and is subject to audit. ISO 27001 offers various risk management options.

Risk Assessment 130

Risk Assessment ISOs Assessments Risk 130

VISTA InfoSec

OCTOBER 21, 2024

Ensuring adherence to data protection laws, internal policies, and overseeing responsibilities, training, and audits. Expertise to assess and mitigate data privacy risks to ensure the organization remains protected from breaches. Providing advice on and monitoring the performance of impact assessments related to data protection.

CCPA 208

CCPA Privacy Assessments Laws 208

VISTA InfoSec

NOVEMBER 12, 2024

Engage qualified security assessors (QSAs) Work with a QSA to perform a gap analysis, guide you through the compliance process, and conduct formal audits. Perform annual self-assessment or external audit Depending on your PCI DSS level, complete an annual self-assessment or undergo an audit conducted by a QSA.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Engage qualified security assessors (QSAs) Work with a QSA to perform a gap analysis, guide you through the compliance process, and conduct formal audits. Perform annual self-assessment or external audit Depending on your PCI DSS level, complete an annual self-assessment or undergo an audit conducted by a QSA.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

SEPTEMBER 30, 2024

A DPO responsibilities revolves around monitoring internal process, educating staffs on compliance, conducting audits, and serving as a point of contact for regulatory authorities. Data Protection Officers are individuals who helps maintain and oversee an organizations data protection strategy.

CCPA 130

CCPA Privacy Laws Data Breach 130

VISTA InfoSec

OCTOBER 21, 2024

A DPO responsibilities revolves around monitoring internal process, educating staffs on compliance, conducting audits, and serving as a point of contact for regulatory authorities. Data Protection Officers are individuals who helps maintain and oversee an organization’s data protection strategy.

CCPA 130

CCPA Privacy Laws Data Breach 130

Fintech Review

APRIL 20, 2025

Cybertech helps mitigate these risks by securing each layer of the stack from device authentication to back-end systems. Cybertech platforms often include compliance dashboards, audit trails, and automated reporting tools. Yet, as services move to the cloud and users expect instant access, the attack surface expands.

Finance 52

Finance Security Fraud Detection Encryption 52