Internal auditors told to undertake digital journey

Internal auditors told to undertake digital journey

- CAEs’ role stressed as cyber risks become biggest threat to businesses

- Abdulqader says internal audit community is all set to remain relevant and transformation mode

- In 2022, the average cost of a data breach has reached a record high of US$4.35 million

- Two-day Chief Audit Executive Conference in Abu Dhabi attract 350 executives from all over the world

Abu Dhabi, UAE: The Internal Audit community has been called upon to undertake a digital journey, fast transition to digitisation and consider data as an asset class as data volumes are predicted to rise above 100 zettabyes by 2025 and the challenges of data management compound, therefore data and analytics capabilities are now a must.

The 11th Chief Audit Executive (CAE) Conference, organized by the UAE Internal Auditors Association (UAE IAA) at Conrad Hotel, Etihad Towers, Abu Dhabi on November 2 and 3, 2022, was a venue to highlight the challenges and suggestion solutions to become agile in an era of technology disruption and fast changes in the world.

The 11th Chief Audit Executive Conference (CAE) organized by the UAE Internal Auditors Association (UAE IAA) at Conrad Hotel, Etihad Towers, Abu Dhabi on November 2 and 3, 2022 saw a broad-based participation by more