The Tabaksblat Code and Net Report
What is the Tabaksblat Code?
The Tabaksblat Code or Dutch Corporate Governance Code states that the broad outline of the corporate governance structure of the company shall be explained in a separate chapter of the annual report, partly by reference to the principles mentioned in the code. In this chapter the company shall indicate expressly to what extent it applies the best practice provisions in this corporate governance code and, if it does not do so, why and to what extent it does not apply them.
What are the consequences for an organization that needs to comply?
The Tabaksblat Code contains non-binding principles for governance and is based on the comply-or-explain principle. However, it might not be so voluntary in nature – non-observance could constitute mismanagement and might even warrant the removal from office of non-compliant individual directors in a Dutch company. The code contains a large number of principles and proposals for ensuring good corporate governance.
Tabaksblat Code Challenges
The Best Practices in the Tabaksblat Code mean that Enterprises have to meet the challenges of archiving valuable security event data, identifying threats, monitoring in real-time, alerting and reporting ‘material weaknesses’ using sustainable processes.
Net Report's Solution
Extending security information management capabilities through all phases of the security lifecycle strengthens the enterprise security posture and connects security processes with business objectives. This end-to-end framework is the basis for Net Report’s Solutions and helps enterprises to:
- Archive security event data for long-term periods securely.
- Connect security Information management data to improvements in security policy, security architecture, and technology configurations.
- Connect knowledge about events to alert, optimize containment and improve remediation efforts.
- Establish automated and repeatable processes so that results can be quantified, progress can be measured, and impact on overall business imperatives can be analyzed.
Net Report is a European leader in the log security management market. Our solutions use real-time automated collection, archival, analysis, aggregation and correlation capabilities to sift through mountains of security event data on a constant basis. Net Report correlates data, mitigates threats and vulnerabilities and gives IT staff the ability to automate these key tasks, reduce the reaction time and thus dramatically shorten the gap between incidents and an appropriate response and report assessments and conclusions to audit and key stakeholders in the management team via our dynamic dashboards.
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Net Report's Training Workshops
The changes to business processes reflecting the requirements of the Tabaksblat Code will bring about important training needs for employees in the business. We can help identify training needs and run subsequent programs for relevant staff, including senior management training explaining their responsibilities.
Improve your understanding of the issues raised by the Internal Controls required by key international regulations: Tabaksblat Code, PCI DSS, Basel II, Sarbanes-Oxley (SOX), SEC 17a-3, a-4, NASD 3010, 3110, Lippens Code, La Loi de Sécurité Financière (LSF) that affect the IT function within your organization. Please contact our Senior Consultant, Nerys Grivolas for more information: nerys@netreport.fr
Our interactive Training workshops cover the related Governing Bodies (PCAOB, AMF...), the key internal control frameworks: COSO, COBIT, ISO/IEC 27002 and the relationship and alignment between them. We tailor the content of our workshops to your needs, according to range of topics you select the workshops can range from 1-2 Days. Read more...
Bringing your company's security up to meet the regulatory standards may require various changes, for example managing the reams of log data in your database, managing your database volumes. We help you store, aggregate and purge your data, decrease your database volumes and easily analyze and report pure business intelligence knowledge in real-time, tailored to each of your department's specific needs. Please contact us to see how we can help you: sales@netreport.fr
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