Technology Risk

Today, regardless of industry, technology enables business processes – from the client experience to human resources, finance and accounting, the supply chain and more. Unfortunately, as companies become ever-more reliant on technology, they also become more vulnerable to change. In the fast-paced technology world, change is constant and disruptive.

What’s needed is a strategic approach that revolutionizes how you think about risk. The new paradigm transforms the technology risk function from its traditional focus on periodic audits and controls reviews to a more strategic view of your goals and objectives and how to turn technology into a true strategic advantage. The results are stronger internal controls; smarter business practices; and increased efficiencies, productivity and revenues.

Marcum’s Experienced, Credentialed IT Team

Your company’s specific needs and IT environment drive Marcum’s flexible, cost-effective approach and solutions. Experienced professionals who hold CISA, CISSP, CISM, CRISC or CPA accreditations and strategic partnerships with innovative, industry-leading companies mean we can provide the guidance and support to help you elevate your risk program.

Marcum delivers practical solutions to the problem of “digital insecurity.” Our team addresses your specific IT-related compliance and controls concerns relevant to your environment.

Using a well-defined and proven approach, Marcum’s core Technology Risk services include:

IT Audit

A thorough, holistic review of your technology systems, management and operations, and processes. We assess the data affecting your financial statements and whether you’re complying with technology-related laws, regulations, standards and policies. The reviews also uncover opportunities to improve security and performance and the potential to increase efficiency, which can lower costs.

IT General Controls Review

During an IT General Controls Review, our team gains an understanding of your IT environment and systems, and conducts walkthroughs, interviews and documentation reviews to gain a deep understanding of all processes. Lastly, we assess both the appropriateness of the controls design and the effectiveness of existing controls.

Your final audit report provides tangible assurance that systems are operating correctly and securely and/or identifies any steps needed or taken to remediate deficiencies.