RECOMMENDED READING: Risk management news and notes for August 2

What we’re reading this week from the world of risk management.

Norman Marks: Deloitte predicts change for Internal Audit
Highlights and analysis of Deloitte’s new Chief Audit Executive survey, “Internal Audit at a Crossroads”.

Compliance & Ethics Blog: Jeff Foxworthy, Compliance, and Internal Audit
A fun piece on CCO and IA that takes off from Jeff Foxworthy’s redneck comedy routine. Enterprise Risk Management Playbook Released
“The Playbook and accompanying appendices are tools designed to help government departments and agencies meet requirements of the revised Office of Management and Budget Circular A -123. They are also designed to provide high-level key concepts for consideration when establishing a comprehensive and effective ERM program.”

GovInfoSecurity: HIPAA Audits: The Heavy Documentation Demands|
“New federal guidance designed to describe the processes in the current round of HIPAA compliance audits illustrates the massive amount of documentation demanded for these desk audits.”

Gartner: Hype cycle for Risk Management Solutions
“CEOs are squarely focused on improving their company’s RMS capabilities. In fact, a recent Gartner survey of CEOs noted that 65% believe that risk management investment and discipline maturity are falling behind. Even more (83%) see agility becoming increasingly important relative to risk management. In addition, 77% are concerned about new risks associated with digital business initiatives.” Also: Gartner appears to be moving away form the term “GRC”, adopting “Integrated Risk Management Systems (IRMS)”.
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Glen Gower

About the author

Glen is the director of marketing and communications at Iceberg.

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