Enabling fact based decision making
Security and Integrity have an impact on business and need to be handled as business issues. However, when dealing with security and integrity, emotions, intuition and personal experience might cloud judgement and influance decision making.
Objective facts, independently gathered, will allow enterprices to make the best decisions.
Preventing reputational damage caused by security incidents or a lack of business ethics has the highest priority in both large and small organizations.
While an intangible concept, the reputation of a business is essential to its survival. The trust and confidence of the public can have a direct and profound effect on a company’s bottom line.
In this modern age of social networking, websites, and other methods of instant communication, businesses must realize that reputation is their most vulnerable asset.
Society demands transparency and accountability on decision-making, resources, goals, results and impacts of both the public and the private sector.
Stricter legislation and the growing importance of self-regulation lead to increased risk alertness and to a strong emphasis on acting with integrity within organizations.
Having a Compliance Program and actually being Compliant are not the same.
A crisis happens sudden, but the underlying causes were present for a longer period of time. Those causes usually are a mix of a cultural and an organizational component and are often not noticed by traditional internal controls.