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.