The Institute of Internal Auditors is beginning to re-evaluate the “Three Lines of Defense” model for risk management that has been around for more than two decades with an eye toward updating it for ...

The Institute of Internal Auditors (IIA) on Monday announced an update to its widely utilized “Three Lines of Defense” model to focus more on defined roles in an effort to boost collaboration. The new ...

LAKE MARY, Florida, Feb. 5, 2018 /PRNewswire/ -- The truism "to err is human" took a terrifying turn for residents of Hawaii and Japan when human mistakes led to false missile alerts in both locations ...

Few organizations are seen as having effective risk management, so there is no exemplar against which to measure success. Internal auditors are expected, according to the IIA Standards and some ...

Risk management is the process of identifying, analyzing, and mitigating uncertainties and threats that can harm your company or organization. No business venture or organizational action can ...