Audit Reform SOS: UK Risks Falling Behind in Digital Resilience Race
ISACA and the Chartered IIA have urged the UK government to prioritize audit reform legislation to boost digital resilience. They’re pushing for swift action on the Audit Reform and Corporate Governance Bill promised last year, warning that delays could leave the UK vulnerable to digital disruptions and falling behind globally.
Hot Take:
Sounds like the UK’s audit reform is stuck in a time loop! While the rest of the world is speed-walking towards digital resilience, the UK seems to have misplaced its running shoes. Time to lace up and join the race, or risk being the last one picked for the global digital dodgeball team.
Key Points:
- ISACA and Chartered IIA are calling for urgent audit reform legislation in the UK to boost digital resilience.
- The letter emphasizes the need for government action to avoid falling behind other regions like the US, EU, and Asia.
- Stakeholders include a range of notable organizations and individuals, emphasizing broad support for reform.
- Skills gaps in digital sectors are exacerbating the challenges of achieving digital resilience.
- Emerging technologies like AI and quantum computing present new threats, necessitating stronger defenses.
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