Category: Govern

$185 million fine : Is this price sufficient for poor Sales Process Compliance and lack of Transparency in the world’s largest Bank ?

Frauds in big Corporate houses and Organizations have been making headlines since last decade and as you read this, world’s largest bank Wells Fargo has been charged $185 million fine for illegal sales practices that included opening of 2 million fake customer accounts. Following the allegations, the bank fired over 5,300 employees who engaged in…

Rice Energy Succeeds With Force.com And AppExchange Partner Confident Governance’s Governance as a Service Platform To Enable Their Risk And Compliance Governance As a Competitive Advantage

At Confident Governance, world’s number one Company specializing in Cloud Governance, we have a mission to Democratize Governance Worldwide and we strive ahead with this vision through successful Partnership with the robust Salesforce.com platform. There has been no looking back since the inception and our innovative Governance as a Service module has been utilized and appreciated by…

Developing Innovative Risk Management Strategies For Non-Profit Organizations

A lot has been talked about Risk Management and effective ERM Strategies. While Companies worldwide, whether Public or Private, are customizing ERM processes to suit their requirements and achieve Business goals, there is an obvious void between achieving Project goals by aligning Risks in Non-profit Organizations. Risk Management is a rapidly developing discipline with varied views.…

Fostering Agility in Compliance : Need of the hour for Global Organizations

In most global discussions today, we frequently hear words like Emerging Technologies, Cross-generational workforce, Changing international economies and so on and so forth. If we ever had to summarize all of these topics in just one word , what would be that word ? Yes, it’s “Agility”. In this dynamically changing Business market Agility is no…

5 Pivotal Ways Internal Audit Will Transform In Next Decade : Part 4

In our series of the top 5 ways Internal Audit will be transformed in next decade , today we will discuss about a very vital aspect of Internal Audit, that’s Reporting. As GRC has evolved over last decade, Internal Audit too has witnessed some dynamic changes in it’s Processes and one of them is being equipped with Robust Reporting/Dashboarding tools. This…

5 Pivotal Ways Internal Audit Will Transform In Next Decade : Part 3

Focussing on how Integrated Platform Technology can leverage your Audit processes, we carry forward the conversation on the top 5 ways Internal Audit will be transformed in next decade. To have a deeper insight on how Internal Audit departments can leverage Emerging Technologies and gain Agility, we can have a look at how the use of Technology in Internal Audit has…

2016…Leap Forward with Agility and Confidence

Year ends are a time to introspect and to plan the upcoming year. Above all this is the time to Thank all those who have touched you in the past year and have helped you thrive against all ups and downs of life. This year I want to Thank all of our Confident Ecosystem of Customers, Partners…

Leveraging Cutting-edge Technology To Gain Agility In Compliance

We live in an Era where Efficiency is no longer an option, it is a Necessity. What are the ways we can achieve Efficiency? You guessed it right, through Modern Technology. Technological Advancements have re-vamped the Business Processes Globally in the areas of Medical Science, Astronomy, Media ,Biological Sciences,etc… However, only a few have written/spoken…

Agility in Risk Management Strategies – Why? , How? and Where?

We reviewed the importance of Innovative Risk Management Strategies in the previous post. But there are more than one dimensions to Effective Risk Management. Risk Management is a rapidly developing discipline with varied views. Moreover, there is no “one-size-fits-all” approach for ERM. So, what is the other dimension we need to add to Effective Risk…

Innovative Risks And Digital Business Frameworks

A couple of weeks back, as I was looking out of the window , I saw the usual panorama of tall and architecturally Innovative buildings, digitally equipped cabs, the Financial news flashing on the big screen, and of course the People passing by with all their latest gadgets. This has been the usual view through many years…

Chatter Topics – Using Hashtag To Simplify Official Collaboration

Influx of Salesforce Chatter has led to efficient Collaborative means of communicating within Organizations of all sizes. Chatter has given a whole  new dimension to Business Collaboration by giving it’s  Users instant access to Content and Expertise they need in their work area. This is not all, Chatter enables the savvy Organization to Centralize all forms…

Facilitate Creative And Co-ordinated Teamwork With Chatter Groups

With all our previous posts on Chatter, you might have deciphered by now that the role of any Collaboration Tool is not just enabling Collaboration, but also to leverage Business, to enable making swift Business decisions and to achieve Optimum Results with Minimum Resources. This infers that a Collaboration Tool with the right Governance methodology that automatically…

Sharing On A Robust And Secure Platform : Chatter Files

For ages, sharing Official Documents internally in an Enterprise  (and in some cases externally with Partners/Clients) has been a part and parcel of everyday Corporate routine. It’s a customary ritual now, but wait…it is equally critical, as in , the Platform used to share your Vital and Confidential Official documents should be robust enough, for three big reasons…

The Two Constants Of Governance And Risk Management Automation

Recently I was having a conversation with one of my colleagues in Washington DC and a Chairman of a Board, when, amidst the discussion of Global Trends and Technologies, a very interesting subject came through. It was regarding the Amazon CEO Jeff Bezos, who recently revealed the Success of his Company. According to Bezos, if you want…

Propelling Towards Global Governance And ICT (Information Communication Technology) Innovation With India-US Strategic Partnership

On the day I write this, India is celebrating it’s 66th Republic Day with the US President Barack Obama as the Chief Guest. It is like “icing on the cake” at the time when India-US Business Relations have already achieved new heights. The Republic Day is the day of the Constitution and in simple language , Constitution is a…

A Business Directory Inside Your Salesforce Organization – Chatter Profiles

Chatter provides an array of Collaboration features and capabilities to any application built on the Force.com platform. These Collaboration features include real-time Feed Updates, User Profiles, and Feeds that allow Users to see changes that are important to them. For a Developer, this Social Platform opens up endless possibilities for Customization. Particularly in this excerpt, we will focus…

Accelerating Corporate Collaboration With Salesforce Chatter “Feeds”

In the previous post we saw the significance of Collaboration and Collaboration tools in an Enterprise. We also saw the reasoning behind the Emerging popularity of the Enterprise Collaboration Tool, Salesforce Chatter. Moving on further in our Confident Now Blog Series we will understand more about one of the amazing feature called “Feeds” of Salesforce Chatter and also understand some…

Stand Up Tall Against Information Security Breaches – Cloud Governance Is The Need Of The Hour

The Internet is becoming the town square for the modern global village and Cloud Computing is the new Industry buzz. Numerous Enterprises big and small are getting inclined towards the Cloud to leverage efficiency, reduce cost and augment expediency to the end-users by making the services and resources available wherever there is an internet connection.…

Communicating Emerging Technologies And Trends To The Board Of Directors

The Emerging Trends and Technologies are of tremendous importance to the Board and to the CEO. These trends and technologies allow them to survive and endure the competitive market. Hence the focus has shifted from not “whether” a company should adopt it or not, but to “how” it should be implemented in a reliable way. This…

US Saga of Shutdown and lessons for Board of Directors in Governance and Risk mitigation

As I write this blog entry I can’t help but ponder why we are where we are in the US government’s operation or rather (non) operation.  The word Governance is synonymous with Government, the act to lead and manage against a set pf objectives as deemed necessary. To function and survive and thrive.  My purpose…

GRC is DEAD or is it

Great ideas are often not populist. Take for instance what Confidence Governance® Founder and Emerging Technologies Investor and Evangelist Mr Bhavesh Bhagat (Twitter: @bbhagat) stated in a recently concluded IIA/ISACA conference. During his keynote, one of the most controversial statements, well for some who still believe that the old ways of Governance, auditing and assessing…

Good Governance – a Constant Trend among Revolutionary Technologies

The world is changing at a rapid rate. Technological innovations are having a major impact on organizations. Entrepreneurs are constantly evaluating various aspects of IT and looking ahead at new technologies and innovative ways to operate to give them that extra push. The biggest trend I see in the industry today is towards convergence and…

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.…

Introducing ConfidentNOW! A FREE series of Webinars from leading Experts in Cloud Governance

We all have busy schedules where we are trying to multi-task everything as quick as possible and where time commitment is very hard to get or give, we have designed a series of knowledge sharing webinars to be brief and to the point. In less than 45 minutes you’ll get to hear from global experts on key topics…

Techniques to evaluate Cloud and Outsourced service models using AICPA and ISACA guidance

Recently, a user guide titled SOC 2SM User Guide for Report on Controls at a Service Organization Relevant to Security, Availability, Processing Integrity, Confidentiality or Privacy was released by ISACA, a global IT association with 100,000 members in 180 countries and American Institute of CPAs (AICPA). The guide is available at http://www.isaca.org/SOC2. In May 2011,…

Cloud Market Maturity–Where Are We and What Does It Mean to Cloud Users

I will be presenting a webinar tomorrow titled “Cloud Market Maturity–Where Are We and What Does It Mean to Cloud Users” with ISACA. The webinar will provide insight into the maturity of cloud computing and offers details on the adoption of cloud services among all level of professionals, including the C-suite. The Maturity of a…

ConfidentGovernance.com Delivers Cloud Governance on World’s Largest Commercial and Government Business Applications Platform the NEW AppExchange.com

ConfidentGovernance.com delivers patent pending innovative Cloud Security, Governance and Risk management compliance product portfolio on the world’s largest cloud computing marketplace, www.AppExchange.com developed and hosted by salesforce.com.  The brand new and revamped AppExchange acts as a transformational platform for companies to build, develop, customize and market their business driven applications and share with the rest of the world.…

Principles for Effective Cloud Computing

Recently ISACA came up with the six principles of effective cloud computing to help enterprises manage the potential pressure points that begin to surface when cloud computing strategies diverge from internally provided IT services or traditional outsourced arrangements. Cloud computing if used effectively can deliver positive results. The problem arises when most enterprises have little…

2012’s Top 3 Cloud Trends

It has been fascinating past five years for innovations and evolution of Cloud Computing.  The old methods of virtualizations and outsourcing and network optimization packaged and delivered as mature Cloud offerings are reaching new heights. Cloud Computing certainly is NOT in its infancy if anyone was mistaken. 2012 promises to be an exciting year with…

White House and US CIO pave the way for Cloud Computing via FedRAMP

HOT off the PRESS from FedScoop.com The White House released a memorandum on Thursday outlining the Federal Risk Authorization Management Program (FedRAMP), a day short of the one-year anniversary of the release of the Office of Management and Budget’s 25-Point Plan. FedRAMP will create a platform for federal agencies to secure cloud-computing solutions when it…

President Obama declares November as National Entrepreneurship Month

Last week, President Obama declared November as National Entrepreneurship Month. The presidential proclamation makes it the second straight year that the White House recognized the efforts of Global Entrepreneurship Week. Entrepreneurs play a significant role in the economic development of a country and now this Proclamation allows us to acknowledge and recognize the efforts of…