Outlines key considerations for financial services internal auditors.
Data Privacy Regulation in 2020
Based on the groundbreaking OnRisk 2020 report, this knowledge brief dives deep into a significant misalignment that exists among executive management, CAEs, and board members regarding the risk of regulatory change. CAEs, and to a lesser extent board members, may be overly optimistic about their organizations’ capabilities related to monitoring, adjusting to, and complying with regulations. This perceived capability gap should be of particular interest to those in industries, such as financial services, inherently subject to increasing and changing regulations.