In this Help Net Security interview, Richard Chambers, Senior Internal Audit Advisor at AuditBoard, discusses the transformational role of the internal audit function and risk management in helping organizations bridge the gap in risk exposure.
He talks about how a well-documented strategic plan for an organization’s internal audit function isn’t meant to provide all the answers, but it can help identify and address questions. Such a plan supports internal audit in recognizing the levers needed to respond effectively.
Chambers also highlights transformational opportunities for internal audit leaders, including prioritizing strategic planning, using AI technology and governance, fostering cross-functional collaboration, improving high-impact communications, and enhancing capabilities to identify emerging risks.
With risks evolving faster than the risk management capacity, what strategies do you recommend to bridge this growing ‘risk exposure gap’?
The widening risk exposure gap demands that every organization adapt, looking critically at strategy and paving a deliberate path toward the transformations needed to stay viable and relevant. To help our organizations close the…
