by Chinedu Nnadi | Nov 30, 2021 | RADD BUZZ
What Is Risk? Risk is a calculated chance of something going wrong. It’s an event with both a probability and the potential for loss or damage. When referring to business risk, it is the possible negative impact and consequences to the company of an event or a...
by Chinedu Nnadi | Nov 30, 2021 | RADD BUZZ
In today’s business world, institutions must be able to assess the risk they face. How do you know what type of risk your institution faces? To determine that, we need a framework that will help us evaluate our risks and then take appropriate measures. This blog post...
by Chinedu Nnadi | Nov 30, 2021 | RADD BUZZ
The Federal Trade Commission has established that roughly nine million Americans are victims of identity theft each year. To help reduce these numbers, the Federal Trade Commission developed a series of red flags to help your organization identify fraud attempts...
by Chinedu Nnadi | Nov 30, 2021 | RADD BUZZ
Regulatory Compliance risks is an important topic for any business. Most institution leaders consider regulatory compliance the cost of doing business in the industry. It’s especially important for those businesses that work with sensitive data such as financial...
by Chinedu Nnadi | Nov 30, 2021 | RADD BUZZ
As technology and the threats that come with it change, internal auditing must change with it. Audit teams must approach cyber risk and the challenges that come with implementing emerging technology. It is the responsibility of the internal audit function to help...
