Banks are one of the most heavily regulated business sectors, with stiff regulatory compliance obligations and close scrutiny from regulators. As such, managing regulatory compliance has become challenging for banks in recent years. Compliance failures... Read More
Blog
What Are the Types of Audit Evidence?
Collecting and evaluating audit evidence helps determine whether an organization follows the required standards. The American Institute of Certified Public Accountants (AICPA) provides guidelines on how auditors should conduct their... Read More
Inherent Risk vs. Control Risk: What’s the Difference?
Inherent risk and control risk are essential concepts in risk management. They’re key parts of the audit risk model, which auditors use to assess overall risk and susceptibility during an... Read More
Threat, Vulnerability, and Risk: What’s the Difference?
Threat, Vulnerability, and Risk: What’s the Difference? Threat, vulnerability, and risk—these words are often used side by side in security discussions. But what exactly do they mean, and how do... Read More
The Difference Between Strategic and Operational Risk
When your organization faces an existential threat, is it because of a flawed business model or a broken process? The answer determines whether you're dealing with strategic or operational risk.... Read More