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What Internal Audit Gets Wrong when Assessing Cybersecurity Risk

Internal Audit 360

GUEST BLOG: O ne of the challenges when it comes to so-called “cybersecurity risk” is in accepting and then applying the idea that cyber is not an “IT risk.” It’s a business risk. The truth is that cybersecurity must be seen within the context of the whole business, not in a silo.

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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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Taking Fraud Seriously: Practical Steps to Counter Corruption

Audit Board

When big names suffer major damages from fraud (think Carillion, Patisserie Valerie, and Wirecard) we take notice. Too often fraud fails to be seen as a key risk deserving of regular attention. . Internal auditors, however, have a critical role in keeping fraud on the radar and being part of the solution. What Is Fraud?

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Cybersecurity Risk Management Best Practices

Audit Board

But as companies take up more digital space, they increase their cyber footprint, and encounter more cybersecurity threats of different types. Taking a one-size fits all approach to each information security risk invites redundancy and excess expenditure. What are The Top Cybersecurity Threats?