Board of Directors Handbook for Cloud Risk Governance
06/08/2023
This handbook
- is for the Boards of Directors of organisations engaging in a new, or substantially increased, adoption of cloud technologies as part of a more comprehensive digital transformation of their business.
- offers practical guidance in the form of questions that can help structure your oversight of and engagement with management’s approach to adopting the cloud and ensure that independent risk and audit functions are appropriately equipped to support that process.
Also, suggesting that your organisation’s cloud adoption is simply a new series of risks to manage would be wrong.
The adoption of the cloud is, in many cases, an increasing imperative for organisations to remain competitive and to fully realise technology, data and overarching business strategies. And beyond that, the adoption of the cloud is a significant opportunity for organisations to reimagine how whole classes of enterprise risk can be better managed. It presents opportunities to tackle threats that previously would have been commercially unrealistic to fully address.
This paper will therefore provide an overview of the critical tenets of cloud technology, why it is increasingly vital in realising business strategies, the risk benefits of well-executed cloud adoption, and our guidance for Boards of Directors in their oversight of that adoption.
Read here
https://services.google.com/fh/files/misc/gcat_board_cloud_risk_governance_full.pdf
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As well as owning and publishing Comsure's copyrighted works, Comsure wishes to use the copyright-protected works of others. To do so, Comsure is applying for exemptions in the UK copyright law. There are certain very specific situations where Comsure is permitted to do so without seeking permission from the owner. These exemptions are in the copyright sections of the Copyright, Designs and Patents Act 1988 (as amended)[www.gov.UK/government/publications/copyright-acts-and-related-laws]. Many situations allow for Comsure to apply for exemptions. These include 1] Non-commercial research and private study, 2] Criticism, review and reporting of current events, 3] the copying of works in any medium as long as the use is to illustrate a point. 4] no posting is for commercial purposes [payment]. (for a full list of exemptions, please read here www.gov.uk/guidance/exceptions-to-copyright]. Concerning the exceptions, Comsure will acknowledge the work of the source author by providing a link to the source material. Comsure claims no ownership of non-Comsure content. The non-Comsure articles posted on the Comsure website are deemed important, relevant, and newsworthy to a Comsure audience (e.g. regulated financial services and professional firms [DNFSBs]). Comsure does not wish to take any credit for the publication, and the publication can be read in full in its original form if you click the articles link that always accompanies the news item. Also, Comsure does not seek any payment for highlighting these important articles. If you want any article removed, Comsure will automatically do so on a reasonable request if you email info@comsuregroup.com.