Risk Management Framework
Moving from informal risk management to an Enterprise Risk Management (ERM) program can be
be a major challenge for organizations where a lack of understanding of the multiple overlapping standards and
compliance requirements generate a perceived complexity of how to best approach implementing an ERM.
Vosity´s approach is based on successful practices that organizations have
used to develop an ERM initiave which follows an incremental approach that takes specific, tangible
actions that enhance a business´s risk management practices and provide a more enterprise-wide view
over time, rather than undertaking a potentially disruptive massive lauch effort.
Vosity starts with
a well-defined hybrid risk management framework (COSO/COBIT/NIST/ISO), that incorporates an effective combination
of the well established industry standards and builds from there using an incremental approach that incorporates the
appropriate controls that are aligned withe the business´s stategy and objectives for business risk management.
With this approach, Vosity is able to :
- Identify and implement key best practices to acheive immediate, tangible results
- Provide an opportunity to change and further tailor the ERM process
- Facilitate the identification and evaluation of benefits at each step
Vosity will review and customize the policies and practices required for a business,
as determined and supported by the board and senior management.
There are a variety of business policies that each company will need to
implement relative to their business operations and for all employees and third parties that use their
information management systems, and related business applications.
Vosity´s Consultants can help businesses identify and select needed Threat and Vulnerability Management services in
conjunction with affiliated solution providers. Depending on a business´s maturity state and needs, appropriate
combinations in internal and/or "cloud-based" SAAS and/or Remote Monitoring and Management (RMM) solutions can be evaluated and deployed
depending on an entity´s business strategy, risk management program and related compliance requirements.
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