Technology, digitisation, and resilience are central themes seen by the financial services sector as underpinning future business success. As with all periods of significant change, business leaders have been required to act quickly to respond, and Internal Audit were also called upon, to provide well-needed assurance over risks, as decisions were made at pace, many of them with technology at their heart.
IT internal audit must continue to play an important role in assuring risks and advising Technology functions on how best to balance priorities around fast delivery of change and accelerated time to market, with appropriate levels of governance and control.
Cyber remains the number one ‘hot topic’, continuing the trend for the best part of a decade now we have been running this survey. Certain underlying trends we have noted this year, revolve around topics like cloud, operational resilience and data which were much more prominent in the overall mix of responses.
It is also noticeable that topics such as operational resilience and cloud, are areas where multiple IT risk disciplines such as cyber, technology resilience, and third party risk management (all of which are…
