The latest enterprise risk management news from around the world

COSO in the Cyber Age

Details
Published: Friday, 03 April 2015 14:15
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has released a new research report that provides direction on how the Internal Control-Integrated Framework (2013) and the Enterprise Risk Management-Integrated Framework (2004) can help organizations effectively and efficiently evaluate and manage cyber risks.

The report, authored by Mary E. Galligan, director, Cyber Risk Services, Deloitte & Touche LLP, and Kelly Rau, senior manager, Deloitte & Touche LLP, urges organizations to make cyber risk management a top priority.

The report suggests some key questions an organization should
ask:

  • Are we focused on the right things?
  • Are we proactive or reactive
  • Are we adapting to change?
  • Do we have the right talent?
  • Are we incentivizing openness and collaboration?
  • Can executive management articulate its cyber risks and explain its approach and
    response to such risks?

To read the report click here (PDF).



Want news and features emailed to you?

Signup to our free newsletters and never miss a story.

Cyber Response Guide
The Business Continuity Business Case

Additional Resources

A website you can trust

The entire Continuity Central website is scanned daily by Sucuri to ensure that no malware exists within the site. This means that you can browse with complete confidence.

Business continuity?

Business continuity can be defined as 'the processes, procedures, decisions and activities to ensure that an organization can continue to function through an operational interruption'. Read more about the basics of business continuity here.

Get the latest news and information sent to you by email

Continuity Central provides a number of free newsletters which are distributed by email. To subscribe click here.