Protiviti’s Road to Resiliency white paper stresses the role of internal audit in strengthening operational resilience for financial institutions. Resilience is defined as the ability to detect, prevent, respond, recover, and learn from disruptions to critical business services. With rising cyberattacks, outages, and regulatory pressure, firms must adopt comprehensive assurance strategies covering governance, impact tolerance, and scenario testing. Protiviti’s framework calls for auditing governance structures, critical services, and third-party dependencies, plus integrating resilience into standard business and IT audits. Foundational audits span cyber, vendor, technology, and business resilience, with standalone reviews for key units. Firmwide and sectorwide testing provide further assu

Join for free to read