SlideShare uma empresa Scribd logo
1 de 1
Baixar para ler offline
Cybersecurity: Suggested actions
Where are the risks?
Where can internal audit add the most value?
Financial services CAEs see room for improvement
when it comes to their risk management functions.
CAEs speak out:
Cybersecurity seen as key threat to growth
For more information, read the report at grantthornton.com/fs-cae-survey
continue to require
improvements
ineffectively used or they’ve
yet to implement one
rigorously enforced and
used comprehensively
business
continuity
25%
+++D
62%
15%
23%
fraud/
anti-corruption
20%
data privacy and security
(including cybersecurity)
71%
third parties
and vendors
34%
regulatory
risks
38%
.
Prepare for potential attacks and
regularly test preparations.
Address exposures stemming from
third-party and vendor relationships.
Focus on people and processes, in
addition to technological solutions.
Shore up cyberrisk exposures by
utilizing key resources (e.g., EO 13636
and NIST supporting standards, FBI’s
InfraGard, U.S. Computer Emergency
Readiness Team, U.S. Secret Service
Electronic Crimes Task Force).
Be alert to warning signals and
identify potential vulnerabilities across
the entire business “ecosystem.”
Ensure boards and senior
management focus attention on
cyberrisks, including understanding
inherent cybersecurity risks, as outlined
by the Federal Financial Institutions
Examination Council (FFIEC).
Chief audit executives (CAEs): Management and board priorities
(according to CAEs):
Identifying improvement
opportunities
Increased efficiency
Mitigating risk/stronger
corporate governance
Mitigating risk
Identifying improvement
opportunities
Stronger compliance
efforts in other areas
1 1
2 2
3 3
“Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL
and its member firms are not a worldwide partnership. All member firms are individual legal entities separate from GTIL.
Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms
are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Please visit
grantthornton.com for details.
© 2015 Grant Thornton LLP | All rights reserved | U.S. member firm of Grant Thornton International Ltd

Mais conteúdo relacionado

Mais procurados

Modern Slavery Supply Chain
Modern Slavery Supply Chain Modern Slavery Supply Chain
Modern Slavery Supply Chain ethiXbase
 
Challenges in the Business and Law of Cybersecurity, CLEAR Cyber Conference, ...
Challenges in the Business and Law of Cybersecurity, CLEAR Cyber Conference, ...Challenges in the Business and Law of Cybersecurity, CLEAR Cyber Conference, ...
Challenges in the Business and Law of Cybersecurity, CLEAR Cyber Conference, ...Jay Kesan
 
FRISS_Insurance fraud report 2020
FRISS_Insurance fraud report 2020 FRISS_Insurance fraud report 2020
FRISS_Insurance fraud report 2020 FinTech Belgium
 
Presentation: Compliance & Third Party Due Diligence
Presentation: Compliance & Third Party Due DiligencePresentation: Compliance & Third Party Due Diligence
Presentation: Compliance & Third Party Due DiligenceethiXbase
 
2016 cost of data breach study brasil
2016 cost of data breach study   brasil2016 cost of data breach study   brasil
2016 cost of data breach study brasilJoão Rufino de Sales
 
Sharing the blame: How companies are collaborating on data security breaches
Sharing the blame: How companies are collaborating on data security breachesSharing the blame: How companies are collaborating on data security breaches
Sharing the blame: How companies are collaborating on data security breachesThe Economist Media Businesses
 
2015 Corporate general counsel survey results
2015 Corporate general counsel survey results2015 Corporate general counsel survey results
2015 Corporate general counsel survey resultsGrant Thornton LLP
 
2015 cost of data breach study global analysis
2015 cost of data breach study global analysis2015 cost of data breach study global analysis
2015 cost of data breach study global analysisxband
 
Presentation: Cross-Border Anti-Corruption Programs
Presentation: Cross-Border Anti-Corruption ProgramsPresentation: Cross-Border Anti-Corruption Programs
Presentation: Cross-Border Anti-Corruption ProgramsethiXbase
 
Cyber Liability & Cyber Insurance - Cybersecurity Seminar Series
Cyber Liability & Cyber Insurance - Cybersecurity Seminar SeriesCyber Liability & Cyber Insurance - Cybersecurity Seminar Series
Cyber Liability & Cyber Insurance - Cybersecurity Seminar SeriesPaige Rasid
 
Leveraging Board Governance for Cybersecurity
Leveraging Board Governance for CybersecurityLeveraging Board Governance for Cybersecurity
Leveraging Board Governance for CybersecurityShareDocView.com
 
2018 U.S State of Cybercrime
2018 U.S State of Cybercrime2018 U.S State of Cybercrime
2018 U.S State of CybercrimeIDG
 
Executive Summary of the 2016 Scalar Security Study
Executive Summary of the 2016 Scalar Security StudyExecutive Summary of the 2016 Scalar Security Study
Executive Summary of the 2016 Scalar Security StudyScalar Decisions
 
Third party risk management with cyber threat intelligence
Third party risk management with cyber threat intelligenceThird party risk management with cyber threat intelligence
Third party risk management with cyber threat intelligenceCharles Steve
 

Mais procurados (18)

FCR Report 2017
FCR Report 2017FCR Report 2017
FCR Report 2017
 
Modern Slavery Supply Chain
Modern Slavery Supply Chain Modern Slavery Supply Chain
Modern Slavery Supply Chain
 
Challenges in the Business and Law of Cybersecurity, CLEAR Cyber Conference, ...
Challenges in the Business and Law of Cybersecurity, CLEAR Cyber Conference, ...Challenges in the Business and Law of Cybersecurity, CLEAR Cyber Conference, ...
Challenges in the Business and Law of Cybersecurity, CLEAR Cyber Conference, ...
 
FRISS_Insurance fraud report 2020
FRISS_Insurance fraud report 2020 FRISS_Insurance fraud report 2020
FRISS_Insurance fraud report 2020
 
Presentation: Compliance & Third Party Due Diligence
Presentation: Compliance & Third Party Due DiligencePresentation: Compliance & Third Party Due Diligence
Presentation: Compliance & Third Party Due Diligence
 
2016 cost of data breach study brasil
2016 cost of data breach study   brasil2016 cost of data breach study   brasil
2016 cost of data breach study brasil
 
Cybersecurity Presentation 6-11-15
Cybersecurity Presentation 6-11-15Cybersecurity Presentation 6-11-15
Cybersecurity Presentation 6-11-15
 
Sharing the blame: How companies are collaborating on data security breaches
Sharing the blame: How companies are collaborating on data security breachesSharing the blame: How companies are collaborating on data security breaches
Sharing the blame: How companies are collaborating on data security breaches
 
2015 Corporate general counsel survey results
2015 Corporate general counsel survey results2015 Corporate general counsel survey results
2015 Corporate general counsel survey results
 
2015 cost of data breach study global analysis
2015 cost of data breach study global analysis2015 cost of data breach study global analysis
2015 cost of data breach study global analysis
 
Cost of Cybercrime 2017
Cost of Cybercrime 2017Cost of Cybercrime 2017
Cost of Cybercrime 2017
 
Presentation: Cross-Border Anti-Corruption Programs
Presentation: Cross-Border Anti-Corruption ProgramsPresentation: Cross-Border Anti-Corruption Programs
Presentation: Cross-Border Anti-Corruption Programs
 
Cyber Liability & Cyber Insurance - Cybersecurity Seminar Series
Cyber Liability & Cyber Insurance - Cybersecurity Seminar SeriesCyber Liability & Cyber Insurance - Cybersecurity Seminar Series
Cyber Liability & Cyber Insurance - Cybersecurity Seminar Series
 
Leveraging Board Governance for Cybersecurity
Leveraging Board Governance for CybersecurityLeveraging Board Governance for Cybersecurity
Leveraging Board Governance for Cybersecurity
 
2018 U.S State of Cybercrime
2018 U.S State of Cybercrime2018 U.S State of Cybercrime
2018 U.S State of Cybercrime
 
Executive Summary of the 2016 Scalar Security Study
Executive Summary of the 2016 Scalar Security StudyExecutive Summary of the 2016 Scalar Security Study
Executive Summary of the 2016 Scalar Security Study
 
Third party risk management with cyber threat intelligence
Third party risk management with cyber threat intelligenceThird party risk management with cyber threat intelligence
Third party risk management with cyber threat intelligence
 
2018 LexisNexis Fraud Mitigation Study
2018 LexisNexis Fraud Mitigation Study2018 LexisNexis Fraud Mitigation Study
2018 LexisNexis Fraud Mitigation Study
 

Destaque

Tax insights: legislation gives nonprofits new benefits and burdens
Tax insights: legislation gives nonprofits new benefits and burdensTax insights: legislation gives nonprofits new benefits and burdens
Tax insights: legislation gives nonprofits new benefits and burdensGrant Thornton LLP
 
Balancing risk with opportunity
Balancing risk with opportunityBalancing risk with opportunity
Balancing risk with opportunityGrant Thornton LLP
 
New market entry - The smart way to expand your food and beverage franchise
New market entry - The smart way to expand your food and beverage franchiseNew market entry - The smart way to expand your food and beverage franchise
New market entry - The smart way to expand your food and beverage franchiseGrant Thornton LLP
 
2 health systems advancing population health via collaboration
2 health systems advancing population health via collaboration2 health systems advancing population health via collaboration
2 health systems advancing population health via collaborationGrant Thornton LLP
 
Not-For-Profit Audit Committee Briefing
Not-For-Profit Audit Committee Briefing Not-For-Profit Audit Committee Briefing
Not-For-Profit Audit Committee Briefing Grant Thornton LLP
 
Managing sanctions compliance challenges
Managing sanctions compliance challengesManaging sanctions compliance challenges
Managing sanctions compliance challengesGrant Thornton LLP
 
5 things digital media companies need to do now
5 things digital media companies need to do now5 things digital media companies need to do now
5 things digital media companies need to do nowGrant Thornton LLP
 
The 4 ERP governance best practices you can’t ignore
The 4 ERP governance best practices you can’t ignoreThe 4 ERP governance best practices you can’t ignore
The 4 ERP governance best practices you can’t ignoreGrant Thornton LLP
 
Parenting Wishes - Hopes and Dreams for my Kids' Schooling
Parenting Wishes - Hopes and Dreams for my Kids' SchoolingParenting Wishes - Hopes and Dreams for my Kids' Schooling
Parenting Wishes - Hopes and Dreams for my Kids' SchoolingChris Kennedy
 
The Future of Industry: Sector Convergence & 2017 Outlook
The Future of Industry: Sector Convergence & 2017 OutlookThe Future of Industry: Sector Convergence & 2017 Outlook
The Future of Industry: Sector Convergence & 2017 OutlookGrant Thornton LLP
 
'Parenting in the digital age' on slideshare
'Parenting in the digital age' on slideshare'Parenting in the digital age' on slideshare
'Parenting in the digital age' on slideshareDave Truss
 
Provider/payor Convergence: A path to continued growth
Provider/payor Convergence: A path to continued growthProvider/payor Convergence: A path to continued growth
Provider/payor Convergence: A path to continued growthGrant Thornton LLP
 
Why Skillsoft + SumTotal?
Why Skillsoft + SumTotal? Why Skillsoft + SumTotal?
Why Skillsoft + SumTotal? Skillsoft
 

Destaque (14)

Tax insights: legislation gives nonprofits new benefits and burdens
Tax insights: legislation gives nonprofits new benefits and burdensTax insights: legislation gives nonprofits new benefits and burdens
Tax insights: legislation gives nonprofits new benefits and burdens
 
Balancing risk with opportunity
Balancing risk with opportunityBalancing risk with opportunity
Balancing risk with opportunity
 
New market entry - The smart way to expand your food and beverage franchise
New market entry - The smart way to expand your food and beverage franchiseNew market entry - The smart way to expand your food and beverage franchise
New market entry - The smart way to expand your food and beverage franchise
 
2 health systems advancing population health via collaboration
2 health systems advancing population health via collaboration2 health systems advancing population health via collaboration
2 health systems advancing population health via collaboration
 
Not-For-Profit Audit Committee Briefing
Not-For-Profit Audit Committee Briefing Not-For-Profit Audit Committee Briefing
Not-For-Profit Audit Committee Briefing
 
Managing sanctions compliance challenges
Managing sanctions compliance challengesManaging sanctions compliance challenges
Managing sanctions compliance challenges
 
5 things digital media companies need to do now
5 things digital media companies need to do now5 things digital media companies need to do now
5 things digital media companies need to do now
 
The 4 ERP governance best practices you can’t ignore
The 4 ERP governance best practices you can’t ignoreThe 4 ERP governance best practices you can’t ignore
The 4 ERP governance best practices you can’t ignore
 
Parenting Wishes - Hopes and Dreams for my Kids' Schooling
Parenting Wishes - Hopes and Dreams for my Kids' SchoolingParenting Wishes - Hopes and Dreams for my Kids' Schooling
Parenting Wishes - Hopes and Dreams for my Kids' Schooling
 
The Future of Industry: Sector Convergence & 2017 Outlook
The Future of Industry: Sector Convergence & 2017 OutlookThe Future of Industry: Sector Convergence & 2017 Outlook
The Future of Industry: Sector Convergence & 2017 Outlook
 
ForwardThinking Q1 2017
ForwardThinking Q1 2017ForwardThinking Q1 2017
ForwardThinking Q1 2017
 
'Parenting in the digital age' on slideshare
'Parenting in the digital age' on slideshare'Parenting in the digital age' on slideshare
'Parenting in the digital age' on slideshare
 
Provider/payor Convergence: A path to continued growth
Provider/payor Convergence: A path to continued growthProvider/payor Convergence: A path to continued growth
Provider/payor Convergence: A path to continued growth
 
Why Skillsoft + SumTotal?
Why Skillsoft + SumTotal? Why Skillsoft + SumTotal?
Why Skillsoft + SumTotal?
 

Semelhante a Chief Audit Execs speak out: Cybersecurity & risk management

The State of Cybersecurity and Digital Trust 2016
The State of Cybersecurity and Digital Trust 2016The State of Cybersecurity and Digital Trust 2016
The State of Cybersecurity and Digital Trust 2016Accenture Operations
 
Security Incident Response Readiness Survey
Security Incident Response Readiness Survey  Security Incident Response Readiness Survey
Security Incident Response Readiness Survey Rahul Neel Mani
 
Developing a Continuous Monitoring Action Plan
Developing a Continuous Monitoring Action PlanDeveloping a Continuous Monitoring Action Plan
Developing a Continuous Monitoring Action PlanTripwire
 
White paper cyber risk appetite defining and understanding risk in the moder...
White paper cyber risk appetite  defining and understanding risk in the moder...White paper cyber risk appetite  defining and understanding risk in the moder...
White paper cyber risk appetite defining and understanding risk in the moder...balejandre
 
CompTIA International Trends in Cybersecurity
CompTIA International Trends in CybersecurityCompTIA International Trends in Cybersecurity
CompTIA International Trends in CybersecurityCompTIA
 
Risk management planExecutive SummaryThe past.docx
Risk management planExecutive SummaryThe past.docxRisk management planExecutive SummaryThe past.docx
Risk management planExecutive SummaryThe past.docxSUBHI7
 
AP_Cybersecurity_and_Risk_Management_Lead_from_the_C-suite_Mar_2016
AP_Cybersecurity_and_Risk_Management_Lead_from_the_C-suite_Mar_2016AP_Cybersecurity_and_Risk_Management_Lead_from_the_C-suite_Mar_2016
AP_Cybersecurity_and_Risk_Management_Lead_from_the_C-suite_Mar_2016Ben Browning
 
Risk Management
Risk ManagementRisk Management
Risk Managementijtsrd
 
2014 ota databreachguide4
2014 ota databreachguide42014 ota databreachguide4
2014 ota databreachguide4Meg Weber
 
The 4 Challenges of Managing Privacy Incident Response
The 4 Challenges of Managing Privacy Incident ResponseThe 4 Challenges of Managing Privacy Incident Response
The 4 Challenges of Managing Privacy Incident ResponseElizabeth Dimit
 
Enterprise Risk Management for the Digital Transformation Age
Enterprise Risk Management for the Digital Transformation AgeEnterprise Risk Management for the Digital Transformation Age
Enterprise Risk Management for the Digital Transformation AgeCareer Communications Group
 
Data security: How a proactive C-suite can reduce cyber-risk for the enterprise
Data security: How a proactive C-suite can reduce cyber-risk for the enterpriseData security: How a proactive C-suite can reduce cyber-risk for the enterprise
Data security: How a proactive C-suite can reduce cyber-risk for the enterpriseThe Economist Media Businesses
 
2016 Scalar Security Study Executive Summary
2016 Scalar Security Study Executive Summary2016 Scalar Security Study Executive Summary
2016 Scalar Security Study Executive Summarypatmisasi
 
Risk & Advisory Services: Quarterly Risk Advisor Nov. 2015
Risk & Advisory Services: Quarterly Risk Advisor Nov. 2015Risk & Advisory Services: Quarterly Risk Advisor Nov. 2015
Risk & Advisory Services: Quarterly Risk Advisor Nov. 2015CBIZ, Inc.
 
International Technology Adoption & Workforce Issues Study - Brazilian Summary
International Technology Adoption & Workforce Issues Study - Brazilian SummaryInternational Technology Adoption & Workforce Issues Study - Brazilian Summary
International Technology Adoption & Workforce Issues Study - Brazilian SummaryCompTIA
 
State of endpoint risk v3
State of endpoint risk v3State of endpoint risk v3
State of endpoint risk v3Lumension
 
State of endpoint risk v3
State of endpoint risk v3State of endpoint risk v3
State of endpoint risk v3Lumension
 
State of endpoint risk v3
State of endpoint risk v3State of endpoint risk v3
State of endpoint risk v3Lumension
 

Semelhante a Chief Audit Execs speak out: Cybersecurity & risk management (20)

The State of Cybersecurity and Digital Trust 2016
The State of Cybersecurity and Digital Trust 2016The State of Cybersecurity and Digital Trust 2016
The State of Cybersecurity and Digital Trust 2016
 
Security Incident Response Readiness Survey
Security Incident Response Readiness Survey  Security Incident Response Readiness Survey
Security Incident Response Readiness Survey
 
Breaches Are Bad for Business. How Will You Detect and Respond to Your Next C...
Breaches Are Bad for Business. How Will You Detect and Respond to Your Next C...Breaches Are Bad for Business. How Will You Detect and Respond to Your Next C...
Breaches Are Bad for Business. How Will You Detect and Respond to Your Next C...
 
Developing a Continuous Monitoring Action Plan
Developing a Continuous Monitoring Action PlanDeveloping a Continuous Monitoring Action Plan
Developing a Continuous Monitoring Action Plan
 
White paper cyber risk appetite defining and understanding risk in the moder...
White paper cyber risk appetite  defining and understanding risk in the moder...White paper cyber risk appetite  defining and understanding risk in the moder...
White paper cyber risk appetite defining and understanding risk in the moder...
 
CompTIA International Trends in Cybersecurity
CompTIA International Trends in CybersecurityCompTIA International Trends in Cybersecurity
CompTIA International Trends in Cybersecurity
 
Risk management planExecutive SummaryThe past.docx
Risk management planExecutive SummaryThe past.docxRisk management planExecutive SummaryThe past.docx
Risk management planExecutive SummaryThe past.docx
 
AP_Cybersecurity_and_Risk_Management_Lead_from_the_C-suite_Mar_2016
AP_Cybersecurity_and_Risk_Management_Lead_from_the_C-suite_Mar_2016AP_Cybersecurity_and_Risk_Management_Lead_from_the_C-suite_Mar_2016
AP_Cybersecurity_and_Risk_Management_Lead_from_the_C-suite_Mar_2016
 
Risk Management
Risk ManagementRisk Management
Risk Management
 
2014 ota databreachguide4
2014 ota databreachguide42014 ota databreachguide4
2014 ota databreachguide4
 
The 4 Challenges of Managing Privacy Incident Response
The 4 Challenges of Managing Privacy Incident ResponseThe 4 Challenges of Managing Privacy Incident Response
The 4 Challenges of Managing Privacy Incident Response
 
Enterprise Risk Management for the Digital Transformation Age
Enterprise Risk Management for the Digital Transformation AgeEnterprise Risk Management for the Digital Transformation Age
Enterprise Risk Management for the Digital Transformation Age
 
Data security: How a proactive C-suite can reduce cyber-risk for the enterprise
Data security: How a proactive C-suite can reduce cyber-risk for the enterpriseData security: How a proactive C-suite can reduce cyber-risk for the enterprise
Data security: How a proactive C-suite can reduce cyber-risk for the enterprise
 
2016 Scalar Security Study Executive Summary
2016 Scalar Security Study Executive Summary2016 Scalar Security Study Executive Summary
2016 Scalar Security Study Executive Summary
 
Risk & Advisory Services: Quarterly Risk Advisor Nov. 2015
Risk & Advisory Services: Quarterly Risk Advisor Nov. 2015Risk & Advisory Services: Quarterly Risk Advisor Nov. 2015
Risk & Advisory Services: Quarterly Risk Advisor Nov. 2015
 
S36169184
S36169184S36169184
S36169184
 
International Technology Adoption & Workforce Issues Study - Brazilian Summary
International Technology Adoption & Workforce Issues Study - Brazilian SummaryInternational Technology Adoption & Workforce Issues Study - Brazilian Summary
International Technology Adoption & Workforce Issues Study - Brazilian Summary
 
State of endpoint risk v3
State of endpoint risk v3State of endpoint risk v3
State of endpoint risk v3
 
State of endpoint risk v3
State of endpoint risk v3State of endpoint risk v3
State of endpoint risk v3
 
State of endpoint risk v3
State of endpoint risk v3State of endpoint risk v3
State of endpoint risk v3
 

Mais de Grant Thornton LLP

GT Events and Programs Guide February/March 2019
GT Events and Programs Guide February/March 2019GT Events and Programs Guide February/March 2019
GT Events and Programs Guide February/March 2019Grant Thornton LLP
 
GT Events and Programs Guide December/January 2019
GT Events and Programs Guide December/January 2019GT Events and Programs Guide December/January 2019
GT Events and Programs Guide December/January 2019Grant Thornton LLP
 
GT Events & Program Guide: ForwardThinking October/November 2017
GT Events & Program Guide: ForwardThinking October/November 2017GT Events & Program Guide: ForwardThinking October/November 2017
GT Events & Program Guide: ForwardThinking October/November 2017Grant Thornton LLP
 
Real Estate Industry Success: Build, Transform and Protect Value into 2020
Real Estate Industry Success: Build, Transform and Protect Value into 2020Real Estate Industry Success: Build, Transform and Protect Value into 2020
Real Estate Industry Success: Build, Transform and Protect Value into 2020Grant Thornton LLP
 
Asset Management Industry Success: Build, Transform and Protect Value into 2020
Asset Management Industry Success: Build, Transform and Protect Value into 2020Asset Management Industry Success: Build, Transform and Protect Value into 2020
Asset Management Industry Success: Build, Transform and Protect Value into 2020Grant Thornton LLP
 
Technology Industry Success: Build, Transform and Protect Value into 2020
Technology Industry Success: Build, Transform and Protect Value into 2020Technology Industry Success: Build, Transform and Protect Value into 2020
Technology Industry Success: Build, Transform and Protect Value into 2020Grant Thornton LLP
 
Banking Industry Success: Build, Transform and Protect Value into 2020
Banking Industry Success: Build, Transform and Protect Value into 2020Banking Industry Success: Build, Transform and Protect Value into 2020
Banking Industry Success: Build, Transform and Protect Value into 2020Grant Thornton LLP
 
GT Events & Program Guide: ForwardThinking August/September 2017
GT Events & Program Guide: ForwardThinking August/September 2017GT Events & Program Guide: ForwardThinking August/September 2017
GT Events & Program Guide: ForwardThinking August/September 2017Grant Thornton LLP
 
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...Grant Thornton LLP
 
ForwardThinking June/July 2017 Grant Thornton
ForwardThinking June/July 2017 Grant ThorntonForwardThinking June/July 2017 Grant Thornton
ForwardThinking June/July 2017 Grant ThorntonGrant Thornton LLP
 
10 social media tips for nonprofits to further engagement
10  social media tips for nonprofits to further engagement10  social media tips for nonprofits to further engagement
10 social media tips for nonprofits to further engagementGrant Thornton LLP
 
The Future of Growth and Industries Webcast Series: Trends to watch for 2020
The Future of Growth and Industries Webcast Series:  Trends to watch for 2020The Future of Growth and Industries Webcast Series:  Trends to watch for 2020
The Future of Growth and Industries Webcast Series: Trends to watch for 2020Grant Thornton LLP
 
ForwardThinking April/May 2017 Grant Thornton
ForwardThinking April/May 2017 Grant ThorntonForwardThinking April/May 2017 Grant Thornton
ForwardThinking April/May 2017 Grant ThorntonGrant Thornton LLP
 
DOL fiduciary rule: How it affects the insurance industry
DOL fiduciary rule: How it affects the insurance industry DOL fiduciary rule: How it affects the insurance industry
DOL fiduciary rule: How it affects the insurance industry Grant Thornton LLP
 
Tightening pressure transforms the landscape: The state of asset management
Tightening pressure transforms the landscape: The state of asset managementTightening pressure transforms the landscape: The state of asset management
Tightening pressure transforms the landscape: The state of asset managementGrant Thornton LLP
 
Challenges facing a new administration
Challenges facing a new administration Challenges facing a new administration
Challenges facing a new administration Grant Thornton LLP
 
Impact of voter turnout in U.S. elections
Impact of voter turnout in U.S. electionsImpact of voter turnout in U.S. elections
Impact of voter turnout in U.S. electionsGrant Thornton LLP
 
Quick look at the business equivalency rate
Quick look at the business equivalency rateQuick look at the business equivalency rate
Quick look at the business equivalency rateGrant Thornton LLP
 
3 hard facts shaping higher education thinking and behavior
3 hard facts shaping higher education thinking and behavior3 hard facts shaping higher education thinking and behavior
3 hard facts shaping higher education thinking and behaviorGrant Thornton LLP
 

Mais de Grant Thornton LLP (20)

GT Events and Programs Guide February/March 2019
GT Events and Programs Guide February/March 2019GT Events and Programs Guide February/March 2019
GT Events and Programs Guide February/March 2019
 
GT Events and Programs Guide December/January 2019
GT Events and Programs Guide December/January 2019GT Events and Programs Guide December/January 2019
GT Events and Programs Guide December/January 2019
 
GT Events and Programs Guide
GT Events and Programs GuideGT Events and Programs Guide
GT Events and Programs Guide
 
GT Events & Program Guide: ForwardThinking October/November 2017
GT Events & Program Guide: ForwardThinking October/November 2017GT Events & Program Guide: ForwardThinking October/November 2017
GT Events & Program Guide: ForwardThinking October/November 2017
 
Real Estate Industry Success: Build, Transform and Protect Value into 2020
Real Estate Industry Success: Build, Transform and Protect Value into 2020Real Estate Industry Success: Build, Transform and Protect Value into 2020
Real Estate Industry Success: Build, Transform and Protect Value into 2020
 
Asset Management Industry Success: Build, Transform and Protect Value into 2020
Asset Management Industry Success: Build, Transform and Protect Value into 2020Asset Management Industry Success: Build, Transform and Protect Value into 2020
Asset Management Industry Success: Build, Transform and Protect Value into 2020
 
Technology Industry Success: Build, Transform and Protect Value into 2020
Technology Industry Success: Build, Transform and Protect Value into 2020Technology Industry Success: Build, Transform and Protect Value into 2020
Technology Industry Success: Build, Transform and Protect Value into 2020
 
Banking Industry Success: Build, Transform and Protect Value into 2020
Banking Industry Success: Build, Transform and Protect Value into 2020Banking Industry Success: Build, Transform and Protect Value into 2020
Banking Industry Success: Build, Transform and Protect Value into 2020
 
GT Events & Program Guide: ForwardThinking August/September 2017
GT Events & Program Guide: ForwardThinking August/September 2017GT Events & Program Guide: ForwardThinking August/September 2017
GT Events & Program Guide: ForwardThinking August/September 2017
 
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...
Why prepare now? 5 things that smart businesses are doing TODAY to prepare fo...
 
ForwardThinking June/July 2017 Grant Thornton
ForwardThinking June/July 2017 Grant ThorntonForwardThinking June/July 2017 Grant Thornton
ForwardThinking June/July 2017 Grant Thornton
 
10 social media tips for nonprofits to further engagement
10  social media tips for nonprofits to further engagement10  social media tips for nonprofits to further engagement
10 social media tips for nonprofits to further engagement
 
The Future of Growth and Industries Webcast Series: Trends to watch for 2020
The Future of Growth and Industries Webcast Series:  Trends to watch for 2020The Future of Growth and Industries Webcast Series:  Trends to watch for 2020
The Future of Growth and Industries Webcast Series: Trends to watch for 2020
 
ForwardThinking April/May 2017 Grant Thornton
ForwardThinking April/May 2017 Grant ThorntonForwardThinking April/May 2017 Grant Thornton
ForwardThinking April/May 2017 Grant Thornton
 
DOL fiduciary rule: How it affects the insurance industry
DOL fiduciary rule: How it affects the insurance industry DOL fiduciary rule: How it affects the insurance industry
DOL fiduciary rule: How it affects the insurance industry
 
Tightening pressure transforms the landscape: The state of asset management
Tightening pressure transforms the landscape: The state of asset managementTightening pressure transforms the landscape: The state of asset management
Tightening pressure transforms the landscape: The state of asset management
 
Challenges facing a new administration
Challenges facing a new administration Challenges facing a new administration
Challenges facing a new administration
 
Impact of voter turnout in U.S. elections
Impact of voter turnout in U.S. electionsImpact of voter turnout in U.S. elections
Impact of voter turnout in U.S. elections
 
Quick look at the business equivalency rate
Quick look at the business equivalency rateQuick look at the business equivalency rate
Quick look at the business equivalency rate
 
3 hard facts shaping higher education thinking and behavior
3 hard facts shaping higher education thinking and behavior3 hard facts shaping higher education thinking and behavior
3 hard facts shaping higher education thinking and behavior
 

Último

Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsWristbands Ireland
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024Stephan Koning
 
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxCracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxWorkforce Group
 
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfHajeJanKamps
 
Anyhr.io | Presentation HR&Recruiting agency
Anyhr.io | Presentation HR&Recruiting agencyAnyhr.io | Presentation HR&Recruiting agency
Anyhr.io | Presentation HR&Recruiting agencyHanna Klim
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003believeminhh
 
Live-Streaming in the Music Industry Webinar
Live-Streaming in the Music Industry WebinarLive-Streaming in the Music Industry Webinar
Live-Streaming in the Music Industry WebinarNathanielSchmuck
 
Introduction to The overview of GAAP LO 1-5.pptx
Introduction to The overview of GAAP LO 1-5.pptxIntroduction to The overview of GAAP LO 1-5.pptx
Introduction to The overview of GAAP LO 1-5.pptxJemalSeid25
 
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...IMARC Group
 
Plano de marketing- inglês em formato ppt
Plano de marketing- inglês  em formato pptPlano de marketing- inglês  em formato ppt
Plano de marketing- inglês em formato pptElizangelaSoaresdaCo
 
Upgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsUpgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsIntellect Design Arena Ltd
 
Trauma Training Service for First Responders
Trauma Training Service for First RespondersTrauma Training Service for First Responders
Trauma Training Service for First RespondersBPOQe
 
Project Brief & Information Architecture Report
Project Brief & Information Architecture ReportProject Brief & Information Architecture Report
Project Brief & Information Architecture Reportamberjiles31
 
Amazon ppt.pptx Amazon about the company
Amazon ppt.pptx Amazon about the companyAmazon ppt.pptx Amazon about the company
Amazon ppt.pptx Amazon about the companyfashionfound007
 
Developing Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursDeveloping Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursKaiNexus
 
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)tazeenaila12
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessAPCO
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsP&CO
 
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfAnhNguyen97152
 

Último (20)

Fabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and FestivalsFabric RFID Wristbands in Ireland for Events and Festivals
Fabric RFID Wristbands in Ireland for Events and Festivals
 
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 Building Your Personal Brand on LinkedIn - Expert Planet-  2024 Building Your Personal Brand on LinkedIn - Expert Planet-  2024
Building Your Personal Brand on LinkedIn - Expert Planet- 2024
 
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptxCracking the ‘Business Process Outsourcing’ Code Main.pptx
Cracking the ‘Business Process Outsourcing’ Code Main.pptx
 
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdfPDT 89 - $1.4M - Seed - Plantee Innovations.pdf
PDT 89 - $1.4M - Seed - Plantee Innovations.pdf
 
Anyhr.io | Presentation HR&Recruiting agency
Anyhr.io | Presentation HR&Recruiting agencyAnyhr.io | Presentation HR&Recruiting agency
Anyhr.io | Presentation HR&Recruiting agency
 
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
The Vietnam Believer Newsletter_MARCH 25, 2024_EN_Vol. 003
 
Live-Streaming in the Music Industry Webinar
Live-Streaming in the Music Industry WebinarLive-Streaming in the Music Industry Webinar
Live-Streaming in the Music Industry Webinar
 
Introduction to The overview of GAAP LO 1-5.pptx
Introduction to The overview of GAAP LO 1-5.pptxIntroduction to The overview of GAAP LO 1-5.pptx
Introduction to The overview of GAAP LO 1-5.pptx
 
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
Boat Trailers Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opp...
 
Plano de marketing- inglês em formato ppt
Plano de marketing- inglês  em formato pptPlano de marketing- inglês  em formato ppt
Plano de marketing- inglês em formato ppt
 
WAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdfWAM Corporate Presentation Mar 25 2024.pdf
WAM Corporate Presentation Mar 25 2024.pdf
 
Upgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking ApplicationsUpgrade Your Banking Experience with Advanced Core Banking Applications
Upgrade Your Banking Experience with Advanced Core Banking Applications
 
Trauma Training Service for First Responders
Trauma Training Service for First RespondersTrauma Training Service for First Responders
Trauma Training Service for First Responders
 
Project Brief & Information Architecture Report
Project Brief & Information Architecture ReportProject Brief & Information Architecture Report
Project Brief & Information Architecture Report
 
Amazon ppt.pptx Amazon about the company
Amazon ppt.pptx Amazon about the companyAmazon ppt.pptx Amazon about the company
Amazon ppt.pptx Amazon about the company
 
Developing Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, OursDeveloping Coaching Skills: Mine, Yours, Ours
Developing Coaching Skills: Mine, Yours, Ours
 
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
Harvard Business Review.pptx | Navigating Labor Unrest (March-April 2024)
 
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for BusinessQ2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
Q2 2024 APCO Geopolitical Radar - The Global Operating Environment for Business
 
Entrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizationsEntrepreneurship & organisations: influences and organizations
Entrepreneurship & organisations: influences and organizations
 
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdfGraham and Doddsville - Issue 1 - Winter 2006 (1).pdf
Graham and Doddsville - Issue 1 - Winter 2006 (1).pdf
 

Chief Audit Execs speak out: Cybersecurity & risk management

  • 1. Cybersecurity: Suggested actions Where are the risks? Where can internal audit add the most value? Financial services CAEs see room for improvement when it comes to their risk management functions. CAEs speak out: Cybersecurity seen as key threat to growth For more information, read the report at grantthornton.com/fs-cae-survey continue to require improvements ineffectively used or they’ve yet to implement one rigorously enforced and used comprehensively business continuity 25% +++D 62% 15% 23% fraud/ anti-corruption 20% data privacy and security (including cybersecurity) 71% third parties and vendors 34% regulatory risks 38% . Prepare for potential attacks and regularly test preparations. Address exposures stemming from third-party and vendor relationships. Focus on people and processes, in addition to technological solutions. Shore up cyberrisk exposures by utilizing key resources (e.g., EO 13636 and NIST supporting standards, FBI’s InfraGard, U.S. Computer Emergency Readiness Team, U.S. Secret Service Electronic Crimes Task Force). Be alert to warning signals and identify potential vulnerabilities across the entire business “ecosystem.” Ensure boards and senior management focus attention on cyberrisks, including understanding inherent cybersecurity risks, as outlined by the Federal Financial Institutions Examination Council (FFIEC). Chief audit executives (CAEs): Management and board priorities (according to CAEs): Identifying improvement opportunities Increased efficiency Mitigating risk/stronger corporate governance Mitigating risk Identifying improvement opportunities Stronger compliance efforts in other areas 1 1 2 2 3 3 “Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and its member firms are not a worldwide partnership. All member firms are individual legal entities separate from GTIL. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Please visit grantthornton.com for details. © 2015 Grant Thornton LLP | All rights reserved | U.S. member firm of Grant Thornton International Ltd