Cut risks, curb costs: The benefits of controls assurance

Businesses face risks on many fronts, particularly in cybersecurity, for which Gartner predicts spending will grow by 2.4% in 2020 despite the pandemic. Executive leadership knows that these risks must be managed, but wants reassurance that mitigation efforts are implemented efficiently and effectively. This requires a systematic understanding of the controls in place – a controls assurance program — to guard against threats.

A well-crafted and executed controls assurance program has significant benefits, including:

  • More complete understanding of risk-remediation efforts, including security gaps to close
  • Improved spending and ROI by focusing on critical areas

Drumz plc (LON:DRUM) is an investing company whose policy is to invest principally but not exclusively in the technology sector within Europe. On 4 September 2020, Drumz made an investment in Acuity Risk Management Ltd, which operates an award winning software business specialising in risk management. 

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