Panel Discussion | Continuous Control Monitoring: Effective Ways to Establish Business Resilience
Today's biggest challenge is to establish continuous monitoring and have better visibility into the control failures and gaps and in mapping the compliance and business risks, primarily when the personnel operate from remote offices.
Organisations believe having a control monitoring platform, which is data-driven would enable organizations to build a multi-line of defence in view of providing an integrated posture of risk and compliance breaches within the organization.
As the head of critical control functions, including risk management, audit, compliance, security, and the business, do you think it is essential to establish a risk-based approach to detect risk and compliance exceptions and ensure compliance to control framework accessing anywhere? Will a data-driven approach minimize the breach penalties, audit / compliance review delays?
Join us in this panel discussion to understand:
- How to enable digitalization of risk and compliance processes using a data-driven approach rather than process automation with continuous control and monitoring
- Building synergies between compliance, audit, and risk management assurance requirements
- How continuous monitoring program enable proactive approach to spotting the anomalies / exceptions and resolution rather than reactive issue management, while establishing cost and time efficiency having the business data located centrally