Is Internal Audit Ready for Disruptive Innovation?

The rapid speed of disruptive innovation is now rated the top concern for senior executives and board members of Protiviti’s study, “The Top Global Risks for 2018.” Chief audit executives should ask themselves whether they are doing enough to provide assurance that these risks are being appropriately managed. Unfortunately, many organizations continue to make the same mistakes and few audit functions are sufficiently prepared and engaged to identify and report upon these failings. This article includes a chart of the top risks named in this survey and discussion around what it takes to be a leader in the digital age.