Cybersecurity Assessment Checklist
Cybersecurity has become an essential aspect of any business or organization’s operations. With the increasing reliance on technology, there is also a growing risk of cyber-attacks and data breaches. As such, it is crucial for companies to assess and ensure their cybersecurity measures are up to par. However, many information security leaders tend to overlook […]
How Data Analytics is Transforming Risk Management Practices
How to manage risk through data analytics? Analytics for risk management refers to a technology-powered, data-driven approach to managing potential issues or opportunities within an organization. These analytics enable more precise insights into areas where risk can be better managed by identifying, measuring, and forecasting risk based on enormous volumes of data. Senior management personnel […]
SPC NXT At IIA India International Summit 2023
The Institute of Internal Auditor’s ACIIA – IIA India International Summit 2023 was recently held on the 17th and 18th of March in New Delhi, and it was an honor to be invited. This summit is one of the largest platforms for global business leaders to come together, and it provided a platform for thought […]
FIVE IMPORTANT PILLARS IN FORENSIC ACCOUNTING
5 IMPORTANT PILLARS IN FORENSIC ACCOUNTING Today’s digital landscape opens the possibilities for organizations to better identify, investigate attacks, and forecast future attacks. Artificial intelligence, machine learning, and statistical concepts of cognitive analytics with skilled forensic investigation help auditors get into the mind of fraudsters to better understand their motives and methods. With this approach, […]
Vendor Risk Management Checklist
Take Action, Proceed with Caution Managing vendors’ risks is becoming increasingly difficult in today’s increasingly complex world. The key to being recognized as a responsible business is to have strong governance and oversight of your Vendor Risk Management & Mitigation. It includes visibility and influence over supply chain continuity, regulatory, cyber, data privacy, and other […]
Vendor Risk Management & Mitigation
Determine, keep an eye on, and reduce vendor risks From sourcing to terminating vendor relationships, organizations should be vigilant to manage the relationship and their underlying risks effectively. What is Vendor Risk Management? Risk is an essential part of a business with a direct correlation with returns. Keeping this in mind many organizations outsource their […]
Does your Financial Institution need an audit committee?
Are review boards of trustees an administrative prerequisite or simply a best practice? It relies upon the size and kind of your monetary foundation. Banks and credit associations have diverse administrative necessities and assumptions for their review and administrative advisory groups. Foundation size can likewise affect assumptions for how review advisory groups are made. Where […]
