Information Systems Audit & Risk Management

Through the Risk Management Audit, we identify and prioritize the risks followed by coordinated and economical application of the resources to reduce, check, and control the likelihood and impact of adverse events or to maximize the awareness of opportunities. Risks can originate from various sources: e.g., uncertainty in financial markets, threats from project failures, legal liabilities, credit risk, natural disasters, accidents, as well as from uncertain or unpredictable events. Methods, definitions, and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.