Security News > 2020 > December > Organizations further along the digital transformation maturity spectrum have an advantage

Concerns around security, privacy, cloud and technology resilience are being further fueled by shifting business priorities, the pandemic-induced remote work environment and accelerated deployment of new technologies, according to a survey from Protiviti and ISACA. Entering into 2021, IT audit groups - particularly those in more digitally mature organizations - are utilizing more dynamic and real-time approaches to technology risk assessment, which enables them to be more agile and responsive to the rapidly evolving risk landscape, driven in no small part by pandemic-related challenges.

The findings reveal that 'digital leaders' - those self-characterized as having innovative and disruptive qualities, including a proven track record of delivering on digital and innovation initiatives and effective adoption of emerging technologies - weigh risks differently from companies with lower levels of digital transformation maturity and those who are in the earlier stages of defining and delivering on their digital and innovation agenda.

The survey report notes that digital leaders stand out in their frequency of performing technology audit risk assessments, driven by more agile ways of working as well as more integration and use of data and technology.

67% of organizations do not classify themselves as digital leaders, and 11% of those non-leaders are not conducting any form of technology risk assessment.

The survey found that 61% of organizations are now identifying and assessing technology risks for the purpose of audit planning as part of the overall internal audit risk assessment process.

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