Breach Management
Check and Demonstrate Your Firm's Compliance Against Each Breach Management Requirement:
Breach Details Recording: Confirm logging of date, reference number, title, time, location, type, and full description, with guidance explaining why comprehensive records enable quick identification and support timely regulatory notifications.
Parties Involved Documentation: Verify details of reporters, job titles, emails, departments, and other entities, including rationale on why this ensures accountability and facilitates internal investigations.
Impact Assessment Verification: Document immediate and potential long-term effects, with insights highlighting why thorough evaluations guide mitigation strategies and demonstrate proactive risk management to regulators.
Root Cause Analysis Confirmation: Record root causes and upload supporting evidence, explaining why this identifies systemic issues to prevent recurrence and aligns with best practices for compliance audits.
Corrective Actions Tracking: Verify immediate actions taken and preventative measures, with guidance on why these steps minimise damage and build resilience against future breaches.
Reporting and Communication Assurance: Document internal mechanisms, reportability assessments, and external notifications (e.g., to FCA/ICO), underscoring why clear protocols ensure legal obligations are met without delays.
Review and Closure Validation: Confirm review dates and reviewers, with rationale on why structured closures provide evidence of resolution and ongoing adherence to governance standards.
Achieve up to 40% faster compliance proof, with clear guidance on regulator expectations.