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Aysha

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  • Author: Aysha
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RegTech vs. FinTech

In the evolving landscape of financial services, two terms have gained significant prominence: RegTech and FinTech. Both represent technological advancements aimed at enhancing the financial sector, but they serve distinct purposes and address different challenges.     What is RegTech? RegTech, short for Regulatory Technology, uses technology to help organizations…
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Cloud 3 vs. Security: Can We Close the Gap?

As organizations turn to cloud computing for enhanced agility, scalability, and cost efficiency, the debate over cloud adoption versus security intensifies. Can we close the gap between leveraging the benefits of the cloud and maintaining robust security?     The Promise of Cloud Adoption Scalability: Scale resources up or down…
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Understanding Enterprise Risk vs. Operational Risk

Navigating the complexities of risk management requires clarity on different types of risks. Let’s explore the differences between Enterprise Risk and Operational Risk. What is Enterprise Risk  Enterprise Risk: refers to the broad spectrum of risks that can impact an organization’s strategic objectives and long-term success. Key Characteristics of Enterprise…
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Is Blockchain Audit Categorized Under IT Audit or Financial Audit

Explore the categorization of blockchain audit. Understand its placement within IT audit and financial audit.       Understanding IT Audit What is IT Audit? Examination of an organization’s IT infrastructure, policies, and operations. Objectives: Ensure reliability and integrity of information. Assess IT system effectiveness and efficiency. Evaluate compliance with…
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How to Audit Smart Contracts: A Comprehensive Guide

Ensure security, efficiency, and reliability of smart contracts. Follow these steps for effective auditing.   Understanding Smart Contracts What are Smart Contracts? – Self-executing contracts with terms written into code. – Run on blockchain platforms. – Ensure transparency and security.   Step 1 – Preparation and Understanding – Define the…
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Is Cybersecurity a Role Under Internal Audit or IT?

Exploring the roles of Internal Audit and IT in managing cybersecurity.   IT’s Role in Cybersecurity Primary Responsibilities of IT: Implementation and Maintenance: Setting up and maintaining cybersecurity measures. Incident Response: Identifying and containing cyber threats. Technical Expertise: Managing complex cybersecurity technologies. Continuous Monitoring: Monitoring network traffic and system logs.…
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What if We Do Not Have ESG? A 2100 Perspective

Without Environmental, Social, and Governance (ESG) principles, the world could face severe challenges over the next 100 years. Let’s explore the potential consequences.     Environmental Impacts Climate Change Acceleration: Increased greenhouse gas emissions Severe climate events: hurricanes, floods, droughts Rising global temperatures Melting polar ice caps and rising sea…
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How can you build AI maturity in your organization?

AI Maturity Model for Organizations From Basic to Mature Understand & Enhance Your AI Capabilities   Initial Stage – Awareness Characteristics: Limited AI understanding. Minimal AI initiatives. No dedicated AI strategy. Manual processes dominate. Actions: Educate leadership & staff on AI. Identify potential AI use cases. Conduct feasibility studies. Build…
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