An essential topic for companies is cyber security. In this context, companies must take into account that cyber risks are constantly evolving and that the extent of damage can pose an existential threat. This is also of special importance for internal auditors.
In the new article „Reining in Cyber Risk: An understanding of technology, third parties, and the human factor of security is vital to protecting the organization“, cybersecurity risks are addressed in interaction with internal auditing. Internal auditors need to know about cyber threats, for example, and also understand appropriate measures.
The article addresses key aspects that internal audit functions need to consider in the context of cybersecurity. The article is available here.