Benchmarking
What is Benchmarking?
The process of comparing an organization's practices, processes, and performance metrics to industry best practices or peer organizations.
Terms that appear alongside benchmarking
Each of these is named in at least one of the same controls as benchmarking. The number is how many controls name both.
- audit 11 shared controls
- compliance 9 shared controls
- lessons learned 7 shared controls
- risk assessment 6 shared controls
- remediation 5 shared controls
- cybersecurity 5 shared controls
- maturity assessment 5 shared controls
- certification 5 shared controls
Frameworks that govern benchmarking
What the standards actually require on benchmarking
Requirements naming benchmarking across 6 standards, quoted from the control text.
The FSA Cybersecurity Maturity Self-Assessment Tool (Saiba Sekyuritii Jiko Hyouka Tool サイバーセキュリティ自己評価ツール) is the centrepiece annual assessment requirement for Japanese financial institutions + first introduced 2017 + significantly enhanced 2022 + sector-specif...
JP-FSA-CYB-Cybersecurity-Maturity-Self-Assessment-Tool-Annual-Submission-Risk-Tier-Based-Tier1-Tier2-Tier3 · Japan FSA Cybersecurity Maturity Self-Assessment Tool + Annual Submission + Risk-Tier-Based + Tier 1 Foundational + Tier 2 Enhanced + Tier 3 Advanced + FSA Inspection + Plan-Do-Check-Act + Continuous Improvement + Industry Benchmarking →Benchmarking and maturity assessment. Control from ISO 20000-1 framework, domain: ISO 20000-1: Continual Improvement.
ISO20000-18 · Benchmarking and maturity assessment →Benchmarking and maturity assessment. Control from ITIL 4 framework, domain: ITIL 4: Continual Improvement.
ITIL4-18 · Benchmarking and maturity assessment →GLOBALG.A.P. IFA v6 ALL FARM BASE (AF) - cross-cutting baseline. KEY AF CONTROL POINT FAMILIES: (a) AF 1 SITE MANAGEMENT - site history + risk assessment for new sites + management commitment;
GGAP-IFA-AllFarmBase-Mgmt-Workers-Env-Trace · GLOBALG.A.P. IFA v6 All Farm Base (AF): Management, Workers, Environment, Traceability and Food Safety →FSSC 22000 coordination with other GFSI-recognized food safety schemes. BRCGS GLOBAL STANDARD FOR FOOD SAFETY (currently Issue 9 of 2022): UK-origin scheme + similar GFSI-recognized coverage; widely adopted in UK + Europe + US;
FSSC-Coord-BRCGS-IFS-SQF-Global-GAP · Coordination with BRCGS, IFS Food, SQF, Global G.A.P. and Other GFSI Schemes →The IRM Risk Management Process is a 5-stage continuous cycle aligned closely with ISO 31000:2018 + COSO ERM 2017. (1) Risk Identification: systematic identification of risks through workshops + interviews + SWOT/PESTLE analysis + scenario analysis + bow-tie a...
IRM-Process-Identification-Analysis-Evaluation-Treatment-Monitoring-Review-ISO31000-Aligned · IRM Risk Management Process - 5-Stage Cycle + Identification + Analysis (Inherent/Residual) + Evaluation + Treatment (4Ts Tolerate/Treat/Transfer/Terminate) + Monitoring + Review + Communication + Risk Register →Questions people ask about benchmarking
What is Benchmarking?
Why is Benchmarking important for compliance?
Which compliance frameworks address Benchmarking?
Where can I learn more about Benchmarking?
See how Benchmarking applies across compliance frameworks
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