SECURITY. RISKS. COMPLIANCE. How Can Third Party Assurance Help - PowerPoint PPT Presentation

SECURITY. RISKS. COMPLIANCE. How Can Third Party Assurance Help Your Business Drive Efficiencies and Build Market Trust? IIA/ISACA Chicago Hacking Conference October 28, 2019 BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.

With you today JASON LIPSCHULTZ Managing Director, Third Party Attestation 312-616-3941 jlipschultz@bdo.com

“ Nothing in the world is worth having or worth doing unless it means effort, pain, difficulty… ” THEODORE ROOSEVELT 3

But then life happens…

Let me start with a story…

And then there’s the market reality…

So let’s disrupt the status quo approach to risk and compliance!  Re-organize the mounting requirements  Align them to a common framework, such as SOC 2  Streamline your audit plan

So what does this look like? CHANGE ACCESS IT OPERATIONS MANAGEMENT CURRENT STATE AUDIT 1 AUDIT 2 AUDIT 3 DUPLICATIVE REDUNDANT INEFFICIENT

So what does this look like? CHANGE ACCESS IT OPERATIONS MANAGEMENT FUTURE STATE Single Audit Program STREAMLINED EFFICIENT EFFECTIVE

So what can this really mean? LESS… MORE…

What are the hurdles?

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Questions 13