Problem
The Role of loT in Audit and Compliance The alarming number of cyoerattaclts in the past year has prompted the US government to issue an executive order on cybersecurity for federal agencies and private companies. Agencies must adopt multi-factor authentication and encryption for their data, while private companies must immediately report cases of cyberattacks. Moreover, to be compliant. Organizations must perform regular cybersecurity audits.
In light ofthe recent event, you are required to prepare a report on the implications of loT in Audit and Compliance on companies within Jamaica and the Caribbean. In your report, it should include the following:
i. Discuss the loT and loT in Audit and Compliance.
ii. Indicate the implications of' loT in Audit and Compliance in Jamaica.
iii. Indicate the implications of loT in Audit and Compliance on the Caribbean.
iv. What are your views and recommendations on how Jamaican organizations can ensure that these new technologies are abreast with new risks?