June 2026

richardchambers.com · Jun 21, 2026

Business Continuity Management: A Critical Risk Internal Audit Must Address

New research reveals a significant gap between organizations' confidence in their business continuity plans and their actual performance during disruptions. Internal audit professionals must recognize that traditional approaches to BCM are insufficient in today's complex risk landscape, which includes escalating third-party dependencies and emerging AI-related challenges. This article urges internal auditors to critically evaluate BCM programs, focusing on integrated capabilities, realistic testing, and a deep understanding of interdependencies to ensure organizational resilience.

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linkedin.com · Curated 1 month ago

Requirements vs. Controls: Clarifying the 'What' and the 'How' in GRC

This article clarifies the crucial distinction between 'requirements' and 'controls' within Governance, Risk, and Compliance (GRC). It emphasizes that requirements define the desired outcomes, while controls are the specific actions and safeguards implemented to achieve those outcomes and mitigate risk. Understanding this difference is fundamental for effective GRC programs.

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zhaomichelle.substack.com · Jun 19, 2026

Auditing AI: Bridging the Gap Between Governance Claims and Verifiable Assurance

This article highlights the critical and growing need for robust AI auditing as organizations rapidly deploy AI systems. It argues that while AI governance budgets are increasing, a significant gap exists between having policies and implementing effective, verifiable assurance functions. Internal audit professionals are uniquely positioned to address this gap by leveraging existing risk management skills and adapting them to the probabilistic and complex nature of AI, focusing on independent evidence and understanding distinct AI failure modes.

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internationalaccountingbulletin.com · Curated 1 month ago

KPMG Retracts AI Report After Fabricated Case Studies Exposed

KPMG has withdrawn a global report on artificial intelligence, "Redefining excellence in the age of agentic AI," after several of its featured case studies were found to be inaccurate and potentially generated by AI hallucinations. The report falsely claimed AI applications at major organizations like UBS, NHS Greater Manchester, Swiss Federal Railways, and Transport for London, leading to its removal for review.

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thehackernews.com · Curated 1 month ago

Shadow AI's Real Threat: Access Control, Not Just Data Leakage

The primary concern surrounding enterprise AI has shifted from data leakage to access control, as employees rapidly deploy AI agents that can interact with and modify critical business systems. These agents, often created without proper oversight, pose significant risks due to their ability to take actions, use inherited credentials, and operate outside traditional security controls. Organizations must prioritize continuous discovery, ownership, and lifecycle management of these non-human identities to mitigate the growing threat of shadow AI.

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radicalcompliance.com · Jun 19, 2026

Compliance and Audit Leadership Shifts: Key Appointments and Promotions Across Industries

This report details significant personnel changes in compliance, ethics, and audit roles across various sectors, including biotech, manufacturing, healthcare, and finance. Audit and assurance professionals should note the increasing demand for specialized compliance expertise, the strategic elevation of compliance officers to broader business transformation roles, and the ongoing challenges in financial services compliance, particularly concerning AML failures.

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ontiveros.me · Jun 19, 2026

Beyond 'Human in the Loop': Embedding Humanity into AI Systems for Enhanced Assurance

This article challenges the conventional 'human in the loop' approach to AI governance, arguing that it often leads to approval fatigue and superficial oversight. Instead, it proposes 'humanity in the loop,' where core human values like truthfulness, accountability, and humility are explicitly encoded into AI systems. For audit and assurance professionals, this reframing offers a powerful new perspective on designing AI controls that foster genuine introspection and self-correction within autonomous systems, moving beyond mere human supervision to a more robust, value-driven assurance model.

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radicalcompliance.com · Jun 18, 2026

Bosch Fined $36M for Export Control Violations, Highlighting Critical Compliance Gaps

Bosch has been penalized $36.1 million for violating U.S. export controls by selling advanced software and micro-electronics to Huawei, a sanctioned entity. This case underscores the critical importance of robust, well-resourced trade compliance programs, especially for multinational corporations navigating complex international regulations like the Foreign Direct Product Rule. Internal audit and assurance professionals should examine their organizations' export control frameworks, staffing, and training to prevent similar costly oversights and ensure compliance with evolving global sanctions.

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radicalcompliance.com · Jun 17, 2026 · Curated 1 month ago

Rethinking Value: Compliance Associations Face 'Mission Creep' Challenge

This article delves into the critical issue of 'mission creep' within professional associations, particularly in the compliance sector. It highlights how many organizations accumulate services without assessing their ongoing value, leading to a diluted member experience. For internal audit and assurance professionals, this raises important questions about the true value proposition of their own professional memberships and the need for associations to strategically focus on core offerings that genuinely benefit their members.

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linkedin.com · Curated 1 month ago

Stop Fearing Audits: A Guide for Compliance Professionals to Leverage Them for Improvement

This article, based on insights from compliance experts Matt Kelly and Douglas Hileman, aims to reframe the perception of audits from a source of anxiety to a valuable tool for organizational improvement. It emphasizes that audits are essentially gap analyses and provides practical advice for compliance professionals to actively engage with the audit process, understand assurance levels, and utilize findings for continuous enhancement.

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