Rausch Advisory Services would like to keep the general public and our clients up to date with the latest news, upcoming speaking engagements, firm hosted events and more. We invite you to check back often to see what the firm and our professionals are up to. You can also follow us on social media, like us on Facebook and follow us on LinkedIn and you will be alerted as information and new opportunities are posted. Thank you for your interest in Rausch Advisory Services.

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"Held Hostage" - Internal Auditor Magazine

Rausch's Managing Partner was recently interviewed by Internal Auditor Magazine. Mike shared his insights on Ransomware and Internal Audits role regarding the growing threats. Mike has spoken nationally on topics covering Cybersecurity, Spear Phishing, Ransomeware, the art of ethical hacking, IT Audit, Governance risk and Compliance and emerging IT trends. The article can be viewed and downloaded here:

View the article on Page 29
INTERNAL AUDITOR - AUGUST 2018
General Data Protection Regulation (GDPR)

Rausch Advisory Services held another Execuritve learning series event on March 29, 2018. The topic discussed was the EU General Data Protection Regulation. GDPR is one of the biggest changes in regulation of data protection and privacy that was effective on 25th May, 2018. GDPR’s intent is to ensure that organizations are including “privacy by design” in their security strategies and making them more accountable to their customers. The goal of the upcoming executive panel discussion is to help educate the attendees on the requirements laid out by GDPR and to consider the steps that are necessary towards compliance.

The event featured a panel discussion of industry leading experts. The group of panelists represented Information Security, Legal, Risk Compliance, Internal Audit and Finance. The panel gave their perspectives on GDPR and helped to provide education and advice through their experience.

A presentation from the session can be viewed and downloaded here, Download the Rausch Presentation Below:

GDPR PANEL DISCUSSION

Spear Phishing and Ransomware

Rausch's Managing Partner is featured in New Horizons Magazine. New Horizons Magazine is dedicated to the Association of Healthcare Internal Auditors (AHIA). Mike has spoken at the AHIA conference several times as a featured speaker. The article can be viewed and downloaded here:

Download the Rausch Presentation Below
Spear Phishing and Ransomware by Mike Lisenby

Atlanta Business Chronicle Data Breach Interview

The Atlanta Business Chronicle recently interviewed Rausch's Managing Partner Michael Lisenby for the article "Internal audit sees more focus on data breach risks". This article and the entire Internal Audit Industry Focus section can be viewed here:

Download the Rausch Presentation Below

Atlanta Business Chronicle Interview pg. 7

Rausch Advisory Services Announces Scholarship for future Internal Auditors

Rausch is pleased to announce that as part of our commitment to supporting the Internal Audit profession, we have committed to a 5-year scholarship fund at Kennesaw State University.

The Rausch scholarship is awarded annually to two students within the School of Accountancy that are enrolled in the Internal Audit program. The fist students will be awarded with the scholarships at the KSU SOA Honors Banquet later this month.

As part of our continued commitment to education, Rausch is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. 

Additionally, Rausch professionals have earned and maintain a combination of CIA, CPA, MBA, CMA, Six Sigma, CFE, CISSP, CSSLP, CISM, CRISC, CCNA, CCNP, MCSE, and CISA designations. They have diverse, complementary skills and extensive expertise with compliance / assurance, internal audit, process improvement, and advisory / consultative methodologies, frameworks, toolsets, data mining and templates.

Rausch professionals routinely are asked to speak at events and have guest lectured at several universities.

RAUSCH Presents on Continuous Controls monitoring

Rausch Advisory Services’ Wylie Roberts recently spoke at the IIA & ISACA joint session in Atlanta GA.

Wylie Roberts, Principal from Rausch Advisory Services presented a few recent case studies on Continuous Controls Monitoring (CCM) and how the future of Internal Audit is changing.

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As a quick overview, most finance and audit executives are aware of CCM and the benefits of such programs, yet very few organizations have implemented these cost savings and prevention techniques. CCM can provide assurance to senior management and process owners in real-time that the enterprise is continuously aware of its key risks, is highlighting revenue leakage opportunities and potential breaches in compliance. The case study presented by Rausch Advisory Services will highlight these techniques that were deployed and generated significant Return on Investment for the clients.

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As a quick overview, most finance and audit executives are aware of CCM and the benefits of such programs, yet very few organizations have implemented these cost savings and prevention techniques. CCM can provide assurance to senior management and process owners in real-time that the enterprise is continuously aware of its key risks, is highlighting revenue leakage opportunities and potential breaches in compliance. The case study presented by Rausch Advisory Services will highlight these techniques that were deployed and generated significant Return on Investment for the clients.

After attending this session, participants were able to:
  • Explain the benefits of implementing Continuous Controls Monitoring;
  • Identify and list the components and tools necessary to establish a CCM program; and
  • Analyze key concepts and lessons learned from the case studies.

Rausch Presented at the AHIA Southeastern Regional Seminar
Topic: Auditing Vendor Third-Party Risk

In this session Rausch Advisory Services’ Pierre Dait and Michael Lisenby discussed recent cyber security / third party breaches and internal audits role in risk mitigation from these emerging threats.

Download the presentation here

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With data breaches on the rise and the ever changing threat landscape, healthcare organizations need to be more vigilant than ever when it comes to third-party risks.

A recent Ponemon Institute survey found that more than 41% of surveyed organizations sustained a data breach caused by a third party. The subsequent loss of brand value typically ranged from $184 million to more than $330 million. It was noted that cyber attacks and the IoT are expected to have the most significant impact on an organization’s third party risk profile according to the survey.

Does your healthcare organization have a formal vendor risk management program and have you considered the cyber security risk impact to your data from a potential third-party breach? What is Internal Audits roll in the vendor risk management program?