Organizational readiness assessments are seen as a way to get feedback on how well an organization is working and can be used for many purposes. An organizational readiness assessments should be taken by any professional looking to improve their workplace or business...

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...

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...

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...

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...

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...