Third-party assurance enables organizations to assess the information security risk and the potential impact on their business operations
Third-party assurance and reporting provide assurance over the design and/or operating effectiveness of a service organization's internal controls to achieve common business objectives of interest to customers/users of the services.
Green Shift Group provides third-party assurance
Green Shift Group provides third-party assurance as an independent evaluator or verifier as a dedicated third party to provide objective assessments of an organization's controls, processes, or systems.
The purpose of third-party assurance is to provide stakeholders with confidence that the organization is managing its operations effectively, efficiently, and securely.
Examples of third-party assurance activities include:
These activities are performed by professional consultants with the in-depth expertise that have the necessary expertise and experience to evaluate the specific area being assessed.
Third-party assurance is often used in the context of information security and privacy, where organizations may need to demonstrate to their customers or regulators that they are taking appropriate measures to protect sensitive data.
Third-party assurance can also be used in other areas, such as:
Overall, third-party assurance can help organizations build trust and confidence with their stakeholders, demonstrate compliance with relevant standards and regulations, and improve their overall risk management and governance practices.
Specialized in non-financial and technical frameworks
Both internal and external stakeholders want or may be required to have assurance over the third-party risk inherent in complex frameworks beyond the standards of financial requirements.
As there are many different frameworks and standards that require the provision of that independent assurance and that can help provide confidence. These cover financial and operational controls to non-financial information.
Green Shift Group has specialized in non-financial frameworks that require vast technical and legislative experience.
Understand and map the reporting and assurance options available.
Assess your current state of readiness.
Provide options on how to bridge any gaps.
Provide independent assurance and confidence.
We are committed to ensure that independent assurance delivers compliance and benefits to your business. Through our work to with governance and compliance programs through many years, we bring added value and tranparancy to you business by aligning with other compliances and assurance activities such as ISO 27001.
ISO 27001 is an internationally recognized standard for information security management. It provides a framework for managing and protecting sensitive information assets such as customer data, intellectual property, financial information, and other confidential data. The standard is designed to help organizations establish, implement, maintain, and continually improve their information security management systems (ISMS).
ISO 27001 is based on a risk management approach, where organizations identify and assess information security risks, and then implement controls and measures to mitigate those risks. The standard covers a range of topics related to information security management, including access control, cryptography, incident management, physical and environmental security, and supplier relationships, among others.
Adopting ISO 27001 can provide a number of benefits for organizations, including:
Enhanced security and protection of sensitive information assets.
Increased stakeholder confidence and trust in the organization's ability to protect information.
Improved compliance with legal and regulatory requirements related to information security.
Improved management of information security risks and incidents.
Improved efficiency and cost-effectiveness of information security management.
Organizations can obtain certification to ISO 27001 by undergoing a third-party audit and demonstrating compliance with the standard's requirements. Certification can help organizations demonstrate their commitment to information security management and differentiate themselves from competitors.