Information Risk Management
Information Risk Management (IRM)
Technology today continues to advance at breakneck pace fueling the speed at which the business environment is developing. To survive and prosper an organization must seize new technology opportunities to benefit the business, for example, by developing new routes to market, improving customer information or streamlining key business processes. The risks associated with harnessing modern technology are complex and difficult to manage; the cost of failure or significant overrun can be disastrous. Our team of highly skilled IRM professionals has the knowledge and experience to help clients manage technology risk and provide them with the information they need to meet their strategic and financial goals. The KPMG core values, clients, people and knowledge remain key and we are well placed on all three fronts to continue to develop our service lines.
Project Risk Management
KPMG’s IRM Project Risk Management (PRM) services are designed to help our clients take appropriate and timely project action to avoid expensive delays and failure. PRM provides management with an objective and independent assessment of the inherent risks of an IT project, and the effectiveness of controls planned or implemented to mitigate them. This valuable information assists management to control the risks associated with their project.
Business Continuity Management
Technology infusions, rapidly evolving processes, and new business ventures can introduce disruption risks that can impact the well-being of an enterprise. In today’s highly competitive environment, organizations cannot afford prolonged downtimes, slow reaction times, expensive system upgrades, and/or inflexible processes. KPMG’s IRM has developed a proactive, risk-based approach to mitigate disruption risks and provide for change control and timely continuity. We call this approach business continuity management (BCM) to denote the need for continuous control and action.
IT internal audits
Technological advances present a huge challenge to the Internal Audit function today in providing effective assurance and advice over the risks and controls in this rapidly changing environment. Co-sourcing or outsourcing of IT Internal Audit services with KPMG in Bahrain can provide access to a pool of experienced staff and a range of professionals with various skills including internet security, business application controls, project risk, and business continuity
Business Systems Controls
In our experience spending a small percentage of the costs of an IT project on controls significantly reduces the risk of overruns. Business System Controls covers the audit, risk, control and security aspects of any IT system that supports an organization's business processes. Our package specific tools include controls databases and security audit tools which allow us to assist clients enhance their internal control framework during a package implementation. Our package includes specific knowledge of SAP R/3, Oracle Financials, JDEdwards, PeopleSoft, Customer Relationship Management applications amongst others.
Other services
These represent a variety of services uniquely tailored to meet the client’s specific needs and include Information Security Services, IS Governance and Audit and Risk Advisory Services.
IRM Services:
Project Risk Management
Business Continuity Management
IT Internal Audits
Business Systems Controls
Information Security Services
IS Governance
e-Audit and Risk Advisory Services
KPMG’s IRM Project Risk Management (PRM) services are designed to help our clients take appropriate and timely project action to avoid expensive delays and failure. PRM provides management with an objective and independent assessment of the inherent risks of an IT project, and the effectiveness of controls planned or implemented to mitigate them. This valuable information assists management to control the risks associated with their project.
Business Continuity Management
Technology infusions, rapidly evolving processes, and new business ventures can introduce disruption risks that can impact the well-being of an enterprise. In today’s highly competitive environment, organizations cannot afford prolonged downtimes, slow reaction times, expensive system upgrades, and/or inflexible processes. KPMG’s IRM has developed a proactive, risk-based approach to mitigate disruption risks and provide for change control and timely continuity. We call this approach business continuity management (BCM) to denote the need for continuous control and action.
IT internal audits
Technological advances present a huge challenge to the Internal Audit function today in providing effective assurance and advice over the risks and controls in this rapidly changing environment. Co-sourcing or outsourcing of IT Internal Audit services with KPMG in Bahrain can provide access to a pool of experienced staff and a range of professionals with various skills including internet security, business application controls, project risk, and business continuity
Business Systems Controls
In our experience spending a small percentage of the costs of an IT project on controls significantly reduces the risk of overruns. Business System Controls covers the audit, risk, control and security aspects of any IT system that supports an organization's business processes. Our package specific tools include controls databases and security audit tools which allow us to assist clients enhance their internal control framework during a package implementation. Our package includes specific knowledge of SAP R/3, Oracle Financials, JDEdwards, PeopleSoft, Customer Relationship Management applications amongst others.
Other services
These represent a variety of services uniquely tailored to meet the client’s specific needs and include Information Security Services, IS Governance and Audit and Risk Advisory Services.
IRM Services:
For further information regarding these services please contact:
Partner- Ernst Weber
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