“Risk in Focus,” by The Institute of Internal Auditors’ Internal Audit Foundation, highlights significant shifts in the global risk landscape. The research, based on feedback from over 4,000 internal audit professionals, indicates that geopolitical uncertainty and digital disruption have seen the largest increases in risk levels this year. Despite this, cybersecurity remains the highest-rated risk worldwide. The report also notes a gap between the perceived high risk of areas like geopolitical uncertainty and digital disruption and their relatively lower audit priority ratings globally, urging practitioners to address these growing risks proactively through related areas like business resilience and regulatory change. Continue reading