The FREE Cybersecurity Glossary by Thor Pedersen!

Internal control over financial reporting: A set of policies and procedures that ensure the accuracy, reliability, and integrity of an organization's financial information and reports. It is used in financial accounting, auditing, and regulatory compliance. Examples of internal control over financial reporting include management oversight, segregation of duties, and independent verification and validation.

Internal controls: The policies, procedures, and processes that an organization implements to achieve its objectives, manage its risks, and ensure the reliability and integrity of its information and reports. It is used in financial reporting, compliance, and risk management. Examples of internal controls include management oversight, segregation of duties, and independent verification and validation.

Internal Control Structure: The internal control structure of an organization refers to the comprehensive framework of policies, procedures, and activities crafted to manage risk, achieve effective and efficient operations, and comply with applicable laws and regulations. This structure includes control activities, risk assessment, information and communication systems, and monitoring activities, each contributing to the overall governance and integrity of the organization's processes.

Internal Security Controls: The measures and safeguards that an organization implements to protect its sensitive data and assets from unauthorized access, use, disclosure, or disruption. It is used in information security, risk management, and compliance. Examples of internal security controls include access control, encryption, and security awareness training.

Internal storage: The primary storage location in computers and other devices, such as hard drives or solid-state drives, where data and applications are stored directly on the device itself. This storage is typically faster and more secure than external or cloud-based storage, allowing for quicker data access and reducing exposure to external threats, but is limited by the device's physical storage capacity.

International Safe Harbor Privacy Principles: The International Safe Harbor Privacy Principles were invalidated in October 2015 by the European Court of Justice. They were replaced by the EU-U.S. Privacy Shield framework in July 2016, which itself was invalidated in July 2020. Organizations previously relying on Safe Harbor now typically use mechanisms like Standard Contractual Clauses or Binding Corporate Rules for the legal transfer of personal data from the European Union to the United States.