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The Connected Risk Journey: How to Discover Risk When and Where It Really Matters

Audit Board

2023 is shaping up to be a pivotal year for business leaders. On your connected risk journey, careful planning and guidance from audit, risk management, and compliance professionals are essential for business success when facing risk challenges such as digital transformation, climate change, supply chain disruption, and economic uncertainty.

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How to Measure and Enhance Organizational Performance and Resilience With IRM

Audit Board

They can begin by better understanding and prioritizing their companies’ risks through the lens of my IRM Navigator model, which identifies four universally applicable risk management objectives of P erformance, R esilience, A ssurance, and C ompliance (PRAC). Resilience: Are You Prepared to Respond to and Recover From Risk Events?

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Who Owns ESG Today? Second Line Evolution and the Integrated Reporting Imperative

Audit Board

What does “good” ESG governance and strategy look like, and how are companies integrating it with existing risk and compliance governance structures? They feel an increasing urgency to get in place the people, processes, controls, and technologies needed to support reliable, up-to-date, accessible, and auditable ESG reporting.

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Conducting Cybersecurity Risk Assessments Guide: The Complete Introduction

Audit Board

But this often leaves organizations in a position where there is little certainty about where to start. . This Cybersecurity Risk Assessment Guide provides specific guidance on how organizations may choose to build a cybersecurity risk management program that will ensure compliance with commonly-used cybersecurity frameworks.

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Risk Management 101: Process, Examples, Strategies

Audit Board

With that in mind, conversations about risks can progress by asking, “What could go wrong?” Within the business environment, identifying risks starts with key stakeholders and management, who first define the organization’s objectives. Are these opportunities aligned with business goals and objectives? or “What if?”

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Midyear Observations on the 2023 board agenda

Harvard Corporate Governance

Data privacy risk is a major concern with generative AI, since user data is often stored to improve the quality of data. Compliance risks arising from the rapidly evolving global regulatory environment. Increased cybersecurity risks. Monitoring and complying with evolving AI legislation must be a priority for management.

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Cybersecurity Disclosure Requirements: What's Changing in 2023 and How to Prepare

Audit Board

To this end, companies would be required to affirm whether they have a cybersecurity risk assessment program , how it works, how it fits into strategy and planning, and whether it uses (and how it chooses) third parties. In particular, all three require some form of examination to ensure that certifications or statements can be backed up.