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What Is a Risk Assessment Matrix? And Why Is It Important?

Audit Board

In today’s modern threat landscape, compliance risk, cybersecurity risk, fraud risk, and even climate change risk can have a significant impact on your company’s reputation and bottom line. While you’ll never be able to eliminate business risk entirely, prevention is the best insurance against loss.

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M&A Due Diligence: Navigating the Path to a Successful Merger

Sun Acquisitions

In this blog post, we will delve into the world of M&A due diligence , shedding light on the best practices for conducting a comprehensive evaluation of potential targets. The primary goal is to uncover hidden risks, identify growth opportunities, and ensure that the merger aligns with the acquiring company’s objectives.

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IT Risk Assessment Fundamentals and Best Practices

Audit Board

IT risk assessments can be a great way to gain insight into your organization’s IT environment, risks, and controls. Not only do IT risk assessments provide a comprehensive view of an organization’s security risk posture, but they also offer insights into the identification and prioritization of evolving threats.

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Risk Management 101: Process, Examples, Strategies

Audit Board

Effective risk management takes a proactive and preventative stance to risk, aiming to identify and then determine the appropriate response to the business and facilitate better decision-making. This article will walk you through the fundamentals of risk management and offer some thoughts on how you can apply it to your organization.

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How to Automate Monitoring and Reporting for IT General Controls

Audit Board

What are the benefits when you automate monitoring and reporting for IT general controls? Leaders from Ernst & Young discuss the benefits of automated controls testing, what practical steps to take, and how to use AuditBoard to drive automation. What key IT processes impact automated controls testing?

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Essentials of IT Risk Management: Protect Your Organization from Cyber Threats

Audit Board

The SEC recently adopted their proposed rules, including those regarding Cybersecurity Risk Management on July 26, 2023. The stakes and expectations of an organization’s IT Risk Management capabilities have never been higher – and as we all know, the dollar impacts are real.

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Five Major Auditing Challenges in Cloud Computing and How to Overcome Them

Audit Board

This article originally appeared on the ISACA Blog. So, with an understanding of how the cloud differs from traditional IT and an appreciation of the threat landscape, what are the top auditing challenges facing organizations? What type of information do users access, store, and transmit in the cloud?