Auditing Cybersecurity within Insurance firms
Internal Audit plays a vital role in the provision of assurance regarding the efficiency and effectiveness of the key cybersecurity processes and controls in insurance and reinsurance undertakings.
Organizations are embracing innovation and disruptive technology at breakneck speed. While these changes have many positive effects—often improving the efficiency and effectiveness of operations, increasing responsiveness to customer needs, or enhancing a competitive advantage—they are also associated with new and sometimes unknown risks.