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Top Five Use Cases for Applying GenAI in Risk Management

Risk management teams can increase their efficiency and drive better risk insight and mitigation by using generative AI tools in five ways, according to Gartner, an IT research and advisory firm. “GenAI offers ERM teams a unique opportunity to expand their capabilities without significant investments,” said Joel Backaler, Director Analyst
IA360 Staff March 17, 2025 0

IIA Releases Draft of Its Third-Party ‘Topical Requirement’

The Institute of Internal Auditors released a draft of its Third-Party “Topical Requirement.” The document provides a consistent and comprehensive approach to assessing the design and implementation of third-party governance, risk management, and control processes. It was developed with input from internal audit practitioners and stakeholders globally, says the IIA.
IA360 Staff March 14, 2025 0

Internal Audit Finds Issues in Management of Funds at Oklahoma State U.

About a month after the surprising resignation of Oklahoma State University President Kayse Shrum, an internal audit released by OSU after an open-records request found “significant issues in the allocation and management of legislatively appropriated funds” at the university. Among the findings of the audit – released Wednesday, two days
IA360 Staff March 10, 2025 0

Trump Suspends FCPA Enforcement, Advisers Urge Cautious Response

President Donald Trump signed an executive order that directs the Attorney General, Pam Bondi, to cease enforcement of the Foreign Corrupt Practices Act (FCPA) a law that prohibits American companies from bribing foreign officials. President Trumps said he believes that by issuing such an order, he will restore American competitiveness
Jacob Horowitz February 12, 2025 0

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