A financial institution audit is a routine check of its services to ensure compliance with legal and industry standards. Hence, the audit procedure is a standardized process set up by banks to assess their level of compliance with relevant rules and regulations. Also...
To have an effective regulatory compliance strategy, institutions need to use internal audits and risk assessments. Part of which is cybersecurity and vendor management , the focus of this blog. The most effective internal audit teams want to go beyond the...
