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The Importance of Security and Compliance in Enterprise Applications

OTS Solutions

However, as more organizations rely on these applications, the need for enterprise application security and compliance measures is becoming increasingly important. Breaches in security or compliance can result in legal liabilities, reputation damage, and financial losses.

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7 signs it’s time to modernize your IT systems

CIO

The bad news, however, is that IT system modernization requires significant financial and time investments. On the other hand, there are also many cases of enterprises hanging onto obsolete systems that have long-since exceeded their original ROI. Kar advises taking a measured approach to system modernization.

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What is ERP? Enterprise resource planning systems explained

CIO

Enterprise resource planning (ERP) is a system of integrated software applications that manages day-to-day business processes and operations across finance, human resources, procurement, distribution, supply chain, and other functions. ERP systems improve enterprise operations in a number of ways. ERP definition.

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PCI compliance: The best defense is a great defense

CIO

Not surprisingly, Payment Card Industry Data Security Standard (PCI DSS) compliance is crucially important. Compliance with PCI DSS v4.0 Researchers for the 2023 DBIR identified system intrusion, social engineering and basic web application attacks as the most common attack patterns that led to breaches and data theft.

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UK launches platform to help businesses manage AI risks, build trust

CIO

The UK government has introduced an AI assurance platform, offering British businesses a centralized resource for guidance on identifying and managing potential risks associated with AI, as part of efforts to build trust in AI systems. billion in revenue, the UK government said. billion by 2035.

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What is GRC? The rising importance of governance, risk, and compliance

CIO

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. What is GRC? GRC is overarching.

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US lawmakers advance bill to close loopholes in AI export controls

CIO

The House Foreign Affairs Committee has advanced a bill that would enhance the White House’s ability to regulate the export of AI systems, amid ongoing efforts to tighten grip on key technologies. This is why safeguarding our most advanced AI systems, and the technologies underpinning them, is imperative to our national security interests.”