Digital disruption

The digital revolution may be well into its prime, but the disruption is far from over. New and emerging technologies continue to shape (and reshape) how organizations operate and adapt to their customers. While these tools have opened the doors to new capabilities and market opportunities, they have also driven the need for stronger and more adaptive risk management strategies. No doubt, the pressure is on boards to ensure that adopting new technology does not come at the expense of the organization's security, efficiency, and bottom line. That includes the Audit Committee itself, which has the responsibility of overseeing that management has the right controls and processes in place (and they're being monitored) to safeguard the finance function from the technology risk.