Compliance, risk and governance
This glossary contains definitions related to compliance. Some definitions explain the meaning of words used in compliance regulations. Other definitions are related to the strategies that compliance officers use to mitigate risk and create a manageable compliance infrastructure.- tokenization - Tokenization is the process of replacing sensitive data with unique identification symbols that retain all the essential information about the data without compromising its security.
- Top searches of 2008 - What were people searching the WhatIs.
- total risk - Total risk is an assessment that identifies all the risk factors associated with pursuing a specific course of action.
- transparency - Transparency is the quality of being easily seen through, while transparency in a business or governance context refers to being open and honest.
- triple bottom line (TBL) - The triple bottom line (TBL) is a sustainability-based accounting framework that includes social, environmental and financial factors as bottom-line categories.
- unknown unknown - An unknown unknown is unidentified information.
- VUCA (volatility, uncertainty, complexity and ambiguity) - VUCA is an acronym that stands for volatility, uncertainty, complexity and ambiguity -- qualities that make a situation or condition difficult to analyze, respond to or plan for.
- What is a private cloud? - Private cloud is a type of cloud computing that delivers similar advantages to public cloud, including scalability and self-service, but through a proprietary architecture.
- What is BCDR? Business continuity and disaster recovery guide - Business continuity (BC) and disaster recovery (DR) are closely related practices that support an organization's ability to remain operational after an adverse event.
- What is enterprise content management? Guide to ECM - Enterprise content management (ECM) is a set of defined processes, strategies and tools that allows a business to effectively obtain, organize, store and deliver critical information to its employees, business stakeholders and customers.
- What is risk management and why is it important? - Risk management is the process of identifying, assessing and controlling threats to an organization's capital, earnings and operations.
- What is risk mitigation? - Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.
- Whistleblower Protection Act - The Whistleblower Protection Act of 1989 is a law that protects federal government employees in the United States from retaliatory action for voluntarily disclosing information about dishonest or illegal activities occurring in a government organization.