As IT auditors, it's critical that we establish a common "risk" language with management.  Importantly, this common language should consider: a) How an IT risk may impact the organization's ability to generate revenue. b) How an IT risk may impact the customer experience. c) How an IT risk may impact the expenses and costs incurred by the organization, such as privacy legal fines for non-compliance. d) All of the above

Contemporary Auditing
11th Edition
ISBN:9781337650380
Author:KNAPP
Publisher:KNAPP
Chapter2: Audits Of High-risk Accounts
Section2.1: Jack Greenberg, Inc.
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As IT auditors, it's critical that we establish a common "risk" language with management.  Importantly, this common language should consider:

a) How an IT risk may impact the organization's ability to generate revenue.

b) How an IT risk may impact the customer experience.

c) How an IT risk may impact the expenses and costs incurred by the organization, such as privacy legal fines for non-compliance.

d) All of the above

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