When Slip Ups Cost You Credibility

The latest company that became a victim to hackers is none other than a leading software giant! These cyber-attacks are similar to those faced recently by two other very big names. A simple oversight of failing to renew their online security certificate created havoc as it prevented customers from accessing files kept in its data centers. Overlooking these minute details can lead to a lot of confusion which is why governance becomes an important factor. It is essential to have a Good Governance system that strikes a balance between business, speed and efficiency on one hand and effective Management on the other. This is important in order to develop a good business environment and promote effective business practices. Hacking has emerged as a serious threat due to which there is a dire need for tighter controls when it comes to security issues. While security leaders continue to raise concerns about data security and regulatory risks, it is safe to say that the cloud is here to stay and governance, risk and compliance are imminent parts of cloud computing which cannot be ignored. We, at Confident Governance have the perfect tools that would ensure regulatory governance and risk management as we truly believe that – Good Governance is Good Business!

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