Internal audit practitioners are facing new demands for improving cybersecurity and communicating the risks of cyberattacks to their organizations, according to a new report.
The Institute of Internal Auditors’ Audit Executive Center surveyed chief audit executives about internal audit’s efforts to communicate cybersecurity risks to the board and executive management. It found that 40 percent said the audit department provides significant or extremely significant effort, according to the 2016 North American Pulse of Internal Audit. Yet when asked what level of effort internal audit departments should have, 69 percent of respondents said the effort should be significant or extremely significant, a 29 percent gap.
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