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Audit coverage of AI-related risks expected to grow, Gartner says

Future CFO

Chief audit executives expect audit coverage of artificial intelligence-related risks will grow as organisations race to adopt the technological advancement , according to a Gartner study. Half of the top six risks with the greatest increase in audit coverage are AI-related."

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Addressing finance role concerns amid technology adoption

Future CFO

As new technology flourish in today's global business scene, there is an observed growing concern among traditional accounting and finance roles that finance leaders must address. The post Addressing finance role concerns amid technology adoption appeared first on FutureCFO.

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IT Security in SMBs

VCFO

This article was co-authored by Mike Wilfley , vcfo Chief Operating Officer and Executive Vice President, and Shane Gronniger, CEO for GCS Technologies. Ensuring IT Security in Small- to Medium-Sized Businesses. Establishing a Security Baseline. Planning and Prioritizing IT Security Improvement.

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The promise of generative AI for cyber security

Future CFO

With great advancements in technology come greater risks posed on organisations around the world. The technology can identify patterns, anomalies and indicators of compromise that elude traditional signature-based detection systems. The post The promise of generative AI for cyber security appeared first on FutureCFO.

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The top risk in 2021 according to audit chiefs

Future CFO

Chief audit executives (CAEs) have listed IT governance as the top risk for 2021, said Gartner recently. The Audit Plan Hot Spots Report indicates that IT governance is displacing data governance, which was the top entry for 2020 and is in second position for 2021. Audit Plan Hot Spots Dashboard. Source: Gartner (November 2020).

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Internal audit at risk of being overstretched in 2021

Future CFO

The internal audit function faced both declining budgets and a significantly expanded workload in 2020, according to Gartner survey of 299 internal audit organisations in 2020. The obvious implication, if the picture doesn’t become more balanced, is that audit leaders will have to make tough coverage trade-off decisions.”

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CyberArk Gets Patent For Security Risk Detection Technology

PYMNTS

Patent and Trademark Office for security risk detection technology. CyberArk said the technology has been implemented in the CyberArk Discovery and Audit (DNA) tool, which enables security professionals to quantify privileged account security-related risks and gain visibility into the attack surface that exists within enterprises.