ERP System (Enterprise Resource Planning System)
ERP System (Enterprise Resource Planning System): A suite of integrated applications that a company uses to collect, store, manage, and interpret data from numerous business activities, including product planning, manufacturing, marketing and sales, inventory management, and shipping and payment. By automating and integrating core business processes, an ERP system enhances efficiency and supports informed decision-making […]
Escrow Agent
Escrow Agent: A trusted third-party entity that holds assets or documents, such as encryption keys, in a secure environment to be released only when specific conditions are met. The escrow agent facilitates transactions by ensuring compliance with terms, maintaining security, and providing accountability in processes requiring faith and integrity.
Ethical Disclosure
Ethical Disclosure: The practice of responsibly reporting security vulnerabilities found in software or systems to the organization responsible, allowing them time to address and fix the issues before they can be exploited by malicious actors.
EU-US Privacy Shield
EU-US Privacy Shield: The EU-US Privacy Shield was a framework designed to ensure compliance with EU data protection requirements when transferring personal data from the European Union to the United States. However, it’s important to note that the Privacy Shield was invalidated by the Court of Justice of the European Union (CJEU) in July 2020. […]
Evaluation Assurance Level (EAL)
Evaluation Assurance Level (EAL): A numerical grade assigned to an information system product or system for the certification of its security. Defined by the Common Criteria certification standards, the EAL represents a third-party assessment of the design, implementation, and testing of security functions, with levels ranging from EAL1 (functionally tested) to EAL7 (formally verified, designed, […]
Exception reports
Exception reports: Documents generated when a process or operation deviates from its predefined norm or standard. In the security realm, these are vital in identifying anomalies such as unauthorized access attempts, failed login attempts, or other forms of unusual system activities that could indicate a security threat.