Five percent of a company’s annual revenues are lost to fraud each year.
Over 50% of companies have experienced one or more cyberattacks in the last 12 months, most of which went undetected for six months.
Every day, organizations are exposed to countless risks. They come from everywhere: your people, your data, your technology. They expose sensitive information, disrupt critical business operations and threaten system security.
From cybersecurity breaches to data infiltration to exposed networks, there’s no shortage of to dos when it comes to minimizing risk and driving proactive security efforts.
Why You Need a Trusted Advisor By Your Side When it Comes to Risk and Security
Without sound controls, strong education and trusted experience on your side, you can be left with a devastating situation. But understanding your risk and creating a path of security can help you prepare, prevent and respond to incidents when they occur.
That’s where a trusted advisor comes in. Organizations will typically work with:
Each has a unique niche that directly impacts an organization’s risk level. When utilized together, they can create an organizational culture of security.
Why Choose Eide Bailly
Eide Bailly has all these services and expertise under one roof. Our specialists work collaboratively to ensure you have the information you need and the protection you require when it comes to mitigating risk.
We combine industry experience with a collaborative, risk-based approach to help you not only understand your risk but minimize it without restraining business operations. Our team uses proven forensic and cybersecurity methodologies to help you uncover the facts when an incident occurs. We’ll also be there to give you actionable insight to craft a strategic prevention plan when it comes to the security of your operation.
We know you can’t see into the future. But we’re ready to help you prepare for it.
We didn’t realize the amount of risk we had in our environment until we had Eide Bailly do a security assessment. It was eye opening."
"The cost of having a periodic external assessment of our security more than pays for itself when you consider the cost we would incur if we had a security attack. It also insures we have the proper checks and balances in place to ensure we are doing the right thing. Working with Eide Bailly gives me peace of mind knowing that we are protected or at least our risk is greatly reduced by having these safeguards in place."
When it comes to auditing your organization, it’s not just about financial requirements. An internal audit provides added accountability, assessment of risk and more.
Here we break down the difference between an internal and a financial audit.