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Manage your Supply Chain – ‘No man is an island ?’

00Business Process and Standards, Cyber Essentials, Enterprise Risk Management, GDPR Discovery Review, Supply ChainTags: , , , , , , August, 18

I don’t believe that any one of us working in any type of organisation, regardless of whether you’re a small business, a charity, a school or even a sole trader today can operate without the products or services of a 3rd party provider. We may well have chosen to outsource our accountancy, HR, IT and compliance management requirements. Equally, our clients outsource to us e.g. audit requirements, Data Protection Officer and so on. Our Clients all have a dependency on us to deliver services. Here at Risk Evolves – we’re no different. We’re great examples of the fact that very few, if any, organisations can operate without the support of a 3rd party. A 3rd party could be providing IT, critical resource, logistics support, payroll services, catering, cleaning etc. And yet, how many of us step back and analyse exactly what we would do if one of those third parties wasn’t available one day. What happened if they were to suffer a flood to their premises so that they couldn’t operate, if they were to go out of business, cease to provide the service that we are reliant on, be acquired by another organisation – the list goes on. More info

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GDPR Makes You Fat……and other scare stories

00GDPR Discovery Review, Supply Chain, Virtual DPOTags: , , , , May, 18

As we head towards GDPR day – May 25 – the number of scare stories about the new regulations seems to be spinning out of control.

The latest one claims half of businesses expect to be fined under the new rules: https://bit.ly/2IcnFYX . It is based on a survey which suggests businesses have put money aside in anticipation of a fine. In addition, we’ve heard of some sole traders who are so concerned about the regulations, they fear that they will need to close the shutters on their business.

The problem here is one of perception. Businesses may well be so worried that their way of dealing with the new regulations is to put money aside. But will they really be fined and does putting money under the mattress really help?  The ICO has been clear on so many occasions – fines will be the last resort. More info