Common use of Ongoing Risk Assessments Clause in Contracts

Ongoing Risk Assessments. Bluecore has executed a comprehensive risk assessment that is updated on a quarterly basis, communicated with the Bluecore leadership team and drives the security budget planning and security initiatives of the organization. Frameworks employed in whole or in part as the underlying foundation of the risk assessment include ISO 27001, Risk IT (Cobit 5) and NIST 800-53a Rev 4. Additionally, while not a credit card processor, Bluecore utilize the PCI DSS standard as a reference framework for security and compliance controls as the industry in which Bluecore primarily functions adheres closely to this standard.

Ongoing Risk Assessments. Bluecore has executed a comprehensive risk assessment that is updated on a quarterly basis, communicated with the Bluecore leadership team and drives the security budget planning and security initiatives of the organization. Frameworks employed in whole or in part as the underlying foundation of the risk assessment include ISO 27001, Risk IT (Cobit 5) and NIST 800-53a Rev 4. Additionally, while not a credit card processor, Bluecore utilize the PCI DSS standard as a reference framework for security and compliance controls as the industry in which Bluecore primarily functions functions, adheres closely to this standard.