Nanonets

MAY 8, 2023

Audit trails can prevent fraud, aid in disaster recovery, and ensure compliance with regulatory agencies. As a controller, it is important to prepare for an audit trail by identifying areas that require documentation and creating an actionable plan to improve procedures. What is an Example of an Audit Trail?

Audit 52

Audit Procedures Disaster Recovery Reconciliation 52

Nanonets

JUNE 27, 2023

By digitizing your records, you can establish a robust compliance framework, simplify auditing procedures, and reduce non-compliance risk. P roper procedures should be followed to securely dispose of physical copies or store them in designated archival facilities, ensuring compliance with data privacy and retention regulations.

Product 52

Product Disaster Recovery Automation Compliance 52

Nanonets

JULY 28, 2023

Document workflow management procedures exist in most companies, but their formality varies. From streamlining processes and improving efficiency to enhancing security, compliance, collaboration, and disaster recovery, document workflow management can revolutionize how your business handles its documents.

Disaster Recovery 52

Disaster Recovery Automation Procedures Compliance 52

Nanonets

JUNE 19, 2023

Many companies in heavily regulated industries, like Healthcare, Banking, and Government agencies, prefer on-premises automation as it offers the highest level of security and privacy. Backup and Disaster Recovery: Implementing robust backup and disaster recovery mechanisms is essential for on-premise automation.

Automation 52

Automation Disaster Recovery Process Security 52

Neopay

JUNE 27, 2024

Compliance policies and procedures: Develop comprehensive compliance policies and procedures that address key regulatory requirements, such as anti-money laundering (AML) and Know Your Customer (KYC) obligations (see below). Staff training: Provide regular training to your staff on AML obligations, red flags, and reporting procedures.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Global Fintech & Digital Assets

DECEMBER 11, 2023

Requirements related to business continuity and disaster recovery have also been included for the first time. Covered entities’ incident response plans must also expressly address procedures for recovery from backups, root cause analysis, evaluation of business impact, and prevention of recurrence of incidents.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59