In today’s business environment, where risks continuously evolve and market dynamics constantly fluctuate, effective risk management is critical for financial institutions striving for stability and growth. Amidst such a challenging atmosphere, business intelligence (BI) tools have emerged as indispensable assets, revolutionizing the way risk analytics is conducted in the financial Read More
Internal auditors are in high demand these days. Recruiters and competitors are looking to snatch high-quality talent with the right set of skills and backgrounds. Management understands the value talented internal auditor hires can provide to help them make good and timely decisions, mitigate risks, and meet strategic objectives. That Read More
Still locking into an annual audit plan? Stop. Risks move too quick to be addressing last year’s concerns as many as six, ten, or more months after the fact. Would you plan your whole week’s wardrobe based on the weather report at the start of the week and not waiver Read More
Ever since artificial intelligence burst onto the scene and particularly over the past several months, just about every organization has been grappling with complex questions about how to safely harness the power of AI, while avoiding or mitigating the risks and dangers that come with this massively powerful technology. Internal Read More
How can internal auditors look for fraud and assess fraud risks while remaining trusted advisors to their audit clients and management? The question is gaining renewed attention, in part because both the new Global Internal Audit Standards from the Institute of Internal Auditors (IIA) and the proposed standards from the Read More
It’s been more than a year since generative artificial intelligence (GenAI) burst onto the scene with mainstream appeal. These new tools have been presented by some as an unstoppable force, upending industries and changing the way people work. Generative AI can have an immense upside for organizations across many corporate Read More
Internal audit reports play a crucial role in ensuring organizational governance and driving improvement. However, crafting reports that are clear, concise, and impactful can be a challenging task. This guide equips you with the knowledge and tools necessary to transform your internal audit reports from mere documentation to powerful catalysts Read More
In my role as an internal auditor, navigating the intricacies of risk assessment and control testing sometimes leaves me uncertain about whether I’ve identified a noteworthy observation, encountered an actual problem, or if there’s room for refining our processes. Recently, I discovered a method that has proven invaluable in such Read More
Imagine being the CEO of arguably the most successful artificial intelligence company in the world. You’ve created an app that accumulated 100 million active monthly users in just five days. Next, you brokered funding to the tune of more than $10 billion from one of the world’s biggest tech giants, Read More
In the relentless chess match between defenders and attackers on IT systems, traditional security solutions are beginning to show their fatigue. Static rules and signatures miss evolving threats, while broad-brush defenses often sacrifice performance for security. Enter Context-Sensitive Defense (CSD), a new frontier in cybersecurity that promises to adapt and Read More
