As the scale of emerging technology risks facing companies continue to multiply, IT auditors play a key role in identifying these threats and helping their organizations to navigate them. A new survey conducted by Protiviti and The Institute of Internal Auditors (IIA) reveals which risks are keeping IT auditors up at night.
The 11th annual “Global Technology Audit Risks Survey” polled a group of over 550 Chief Audit Executives (CAEs) and IT audit professionals on the technology risks their companies face over near-term (12 month) and medium-term (two to three year) time horizons. The survey revealed a number of key risks that the internal audit function is most concerned about, including:
- Cybersecurity is the top priority by a wide margin.
Nearly 75% of respondents, and an even higher percentage (82%) of CAEs and technology audit leaders, consider cybersecurity to be a high-risk area over the next 12 months. To address this risk, leaders and executives need to put mitigation plans into place. With the increased integration of emerging technologies into business functions, organizations anticipate that next-gen cyber threats pose the most significant risks over the next two…
