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Internal Audit Foundation Report Finds Changing Risk Landscape Will Require Shift in Hiring Trends

CPA Practice

The increasing need for new skills in areas such as data analytics, cybersecurity, and artificial intelligence necessitates that internal audit teams cast a wider net for new recruits to ensure that the talent pipeline remains robust and capable of carrying the profession into the future.

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AuditBoard Adds InfoSec Solution Enhancements for Cyber Risks

CPA Practice

With these new capabilities, including enhanced AI automation, customizable automated workflows, and real-time analytics, teams can better manage and communicate InfoSec risks to the C-suite to allow for more strategic allocation of risk management resources across the enterprise.

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Innovation without the Overhead: Top 5 Benefits of IT Outsourcing

Anders CPA

An outsourced IT team can provide the same advantages larger companies enjoy, like advanced cybersecurity protection, round-the-clock threat monitoring and incident response management from experienced, specialized professionals. What is IT Outsourcing?

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75% of Mid-Market Companies Say They Will Invest in AI Over Next 5 Years

CPA Practice

Additionally, 66% have embraced the transformative potential of AI, while 81% have realized the necessity of increased cybersecurity measures. Furthermore, 72% have invested in data analytics and business intelligence, recognizing the value of actionable insights derived from data.

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CFO Optimism Hits 3-Year High

CPA Practice

In response to these cost challenges and trends, CFOs are turning to automation, data analytics and artificial intelligence (AI) to enhance efficiency. AI, meanwhile, is being deployed mostly for data analytics and business intelligence, followed by financial operations and processes.

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4 Steps to Create a Managed Endpoint Detection and Response Strategy to Prevent Cyberattacks 

Anders CPA

Next-generation software can help detect cyber attacks, but a managed detection and response (MDR) strategy marries human expertise with advanced technology to provide fuller cybersecurity protections. It’s one of the strongest cybersecurity strategies currently available due to its hybrid nature.

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Seven Risk Management Activities to Safeguard Your Financial Institution Against Damaging Risk Exposures

Cherry Bekaert

There are several industry-standard governance and risk management frameworks, including the Committee of Sponsoring Organizations of the Treadway Commission (COSO), International Organization for Standardization (ISO) and National Institute of Standards and Technology (NIST) Cybersecurity Framework, to name a few.