Many organizations are subject to a varying number of regulations (such as SOX). The aim of these regulations includes reducing the organization’s exposure to fraud, embezzlement, and leak of sensitive information.

The way to cope with such regulations is to prevent risks in advance, such as by implementing the principles of segregation of duties (SOD), meaning no one party can complete an entire business process.

Another way to cope with such regulations is to review processes in retrospect, which requires continuous risk mapping and management and tracking of regular review actions.

Continuous and consistent action in this field reduces the organization’s exposure to fraud and embezzlement and prevents the need to invest budgets unnecessarily in quick repairs before external audits.

Globeacon has extensive experience in supporting the customer and coping with this challenge, from project management, defining work methodologies and work processes to implementation of designated technological solutions.