In this first of a 2-part installment of Richard Chambers «Insight and Advice» series, he explores how internal audit is providing value and assurance around today’s uncertainties with two of Australia’s renowned risk management experts, Todd Davies and Tom McLeod.
As the regulatory environment around data ethics evolves, all parties certainly must expand their knowledge of this risk. This brief explores organizational conduct and the potential associated reputational and financial damages for failure to establish proper data governance.
This report from the IIA serves as a how-to guide to assist internal auditors in assessing their current level of preparedness regarding privacy and data protection issues, particularly as their approaches relate to the present state of the profession overall.
NTNU var en av 72 statlige virksomheter som ble pålagt å vurdere behovet for internrevisjon i henhold til rundskriv R-117 fra Finansdepartementet i 2016. NTNU konkluderte positivt og vurderte full outsourcing som mest hensiktsmessig. I dette intervjuet forteller seniorrådgiver Kirsten Ballo Prestøy om NTNUs erfaringer så langt.
A quick google search of “Black Swan” “Corona” reveals numerous articles have already been written equating the effects of the Coronavirus with a Black Swan. Is this a fair comparison? A “Black Swan” is an event which is both random and unpredictable. A key definition is that the event was unthought of, unimaginable beforehand. Was it? Most definitely not. It was a “Grey Rhino.”
As organisations adapt to dealing with the initial impact of COVID-19, internal audit functions have an important role to play to continue to provide critical assurance, help advise management and the Board on the shifting risk and controls landscape, and help Anticipate emerging risks.
Operational resilience and personal data protection are two topics that are high on the agenda of most organizations these days, as the focus on continuous operations and data privacy are being fueled by the disruptive effects of the Corona virus on business and the excitement around the GDPR and the menace of its large fines and with news of personal data leaks spreading on social media at the speed of a Tweet.
