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.
Short of a crystal ball, there is no fool-proof way to predict outcomes in the financial services industry. However, models provide a powerful tool to empower organizations to make important decisions using information from a variety of sources.
This practice guide is a useful tool to become better informed on risks related to third-party provider management. Risks across the full vendor life cycle are considered, including the appropriate sourcing, ongoing management, and termination of vendors.