Cyber Risk Management in Internal Auditing

• •Cyber risks are increasingly prioritized in internal audits.
• •Resilience-focused auditing is essential for effective risk management.
• •The CISO-CAE relationship is critical for aligning audit coverage with risk exposure.

The cybersecurity landscape is evolving, with a focus on resilience and preparedness rather than traditional control testing. Internal audit functions are urged to align their priorities with current cyber risks, which have shifted due to the impact of AI on both attacks and defenses. The relationship between the Chief Information Security Officer (CISO) and Chief Audit Executive (CAE) is crucial for effective risk management and assurance delivery. The articles emphasize the need for resilience-focused auditing to address the changing threat environment and ensure that audit functions remain relevant. As cyber risks continue to rise, organizations must adapt their audit strategies to provide meaningful assurance against these evolving threats.