IT Application Controls and the benefits of automationIn 2023, the cost of a data breach averaged $4.45 million. And the number and scope of these breaches continue to grow. The leading contributors to this dramatic rise in data breaches are attributed to compromised credentials and the drastic increase in remote […]

Solving the high cost of SOX complianceThe Sarbanes-Oxley Act has been in place for more than 20 years, and during that time, compliance costs have continued to increase. While there have been years where gains have been made to curb compliance costs, on the whole, they have steadily increased, and […]

4 Tips to build an effective internal control testing programThe cornerstone of any successful risk management program is effective internal controls. All companies deal with fraud threats, data manipulation, financial misstatement, and cybercrime, but robust internal controls are essential to manage these threats and prevent them from affecting the business.Having […]

Measuring the ROI of internal control automationCalculating a return on investment (ROI) for internal control automation isn't easy. Most executives know that the potential damage from a cybersecurity threat or material misstatement can be severe: disruption of operations, reputational damage, loss of customers, and regulatory penalties. But control failure costs are […]