2023 Top Risks for Nonprofits and Associations
As we look ahead to the new year and beyond, what are leading risk watchers expecting for 2023? The Risk and Advisory Services team at GRF combed through leading political, economic, and business experts’ predictions for 2023 to identify common themes and assess the implications for nonprofits and associations. Major themes include: We are entering…
Community-Based Nonprofit Proactively Addresses Cybersecurity Challenges
A medical facility serving homeless patients was dealing with a newly-hybrid work environment, increased government scrutiny on IT security, and rising cyberattacks. Learn how a cybersecurity assessment provided a low-cost option for them to understand their cyber posture, prioritize tasks for mitigating risks, and make informed decisions.
Improve Internal Audit Efficiency with Emerging Technologies
Using emerging technologies for risk management and audit procedures can be done cost-effectively today using creative strategies, such as co-sourcing, outsourcing with subject-matter-experts, and/or bringing these technologies in-house.
Internal Audit: Preventing Fraud through Travel & Expense Reimbursement Audits
Travel & Expense (T&E) reimbursement fraud can have a significant impact on your organization. The Association of Certified Fraud Examiners’ 2022 Report to the Nations found the average loss from an expense reimbursement scheme was $152,000. The report, which is based on a worldwide survey of Certified Fraud Examiners conducted between July and September 2021,…
Obtaining Cyber Insurance For Your Organization
By Darren Hulem, CISA, CEH, Security+, Supervisor, IT and Risk & Advisory Services As cyberattacks grow in frequency and complexity, organizations are asking, “Is Cyber Insurance worth it?” The short answer is “Absolutely!” Before contacting an insurance company, we recommend some research and due diligence to position your organization for reasonable rates. Coverages can vary…