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Businesses can become resilient to climate risk with the help of net-zero emissions. It is required for organizations to restrict their rate of carbon and greenhouse gas emissions. This is possible with the help of GHG accounting. More and more companies are becoming responsible and using strategies that will result in more net-zero emissions. This […]
The version upgrade of PCI DSS 3.2.1 to PCI DSS 4.0 was effective from March 31, 2024. This happened to provide more security to the overall security procedure. Some changes in this version have been effective immediately. However, the major updates of the PCI DSS V4.0 have started working from April 1, 2025. These current updates with […]
AI and cyber security have become more interconnected with each other in recent times. Be it in Tech or in any other field, cyber security and artificial intelligence are interconnected since they can provide data security if used properly. However, with the wrong usage, it is possible that the customer data faces a lot of […]
Businesses need to create trust among their stakeholders regarding how securely they are managing the data. This creates confidence among these stakeholders that data security is properly established and that continuous growth will occur. The use of an internationally accepted framework is the most effective way of creating trust among stakeholders. ISO 27001 is one of the most effective internationally recognized […]
Businesses need to understand every factor related to the data security of the cardholder so that the cardholder’s data can be kept safe. The identification of these factors is a major step in the PCI DSS compliance process, and that is known as PCI DSS compliance scoping. It is possible to reduce the transaction risk […]
In the present scenario, companies are facing more competition than before. It has become important for companies to think beyond profit and showcase it to the stakeholders. This will give the companies a competitive edge among the stakeholders. Companies can showcase how responsible they are with the help of sustainability reporting. This works as a […]
SOC 2 compliance is a crucial factor for companies to build client trust and ensure internal system security. The succession of this compliance is based on five criteria of trust service: accessibility, confidentiality, protection, individual privacy, and processing completeness. This blog discusses these five criteria in detail and the necessary steps that are required for […]
Business success is highly dependent on effective and proper risk management. Due to regulatory changes, market shifts as well as technological advancements, organizations have to constantly face challenges while trying to identify and manage risks. It is necessary for organizations to create a system that will help them manage these challenges effectively. Risk management tools […]
How do you ensure that your outsourced financial processes are free from risk? The answer lies in System and Organization Controls or SOC reports. However, often you are not fully sure which report you should opt for: SOC 1 vs SOC 2 vs SOC 3. Look no further, because this blog is going to provide […]
RiskMan Consulting is an independent consulting firm providing all types of advisory & consulting practices like internal audit, enterprise risk management, direct & indirect taxation, company law advisory, preparation of project report & business viability reports, credit rating advisory services including development of credit rating models, loan & equity syndication services, corporate training, and workshops.