Information Security Issues Top Audit Committee Concerns

Public company audit committee members believe they must improve fraud prevention and security audits, but still maintain that they are “very effective,” according to a study by KPMG International.

Of the 317 audit committee members polled, about 70% rated their committee as “very effective.” Even more, 85%, rated themselves that way when it came to ensuring that external auditors remain independent from management, according to KPMG’s Audit Committee Institute.

However, 84% believed routine compliance activities detracted from a greater focus on corporate governance; 78% saw need to improve information security; and 61% saw a need to decrease fraud risk, according to the survey.

According to Banknet360.com.

This blog is run by the authors of FindProtected.
FindProtected is a security program that allows you to search for password protected files. With FindProtected, you can effectively identify protected files containing sensitive data on your network.

Comments are closed.