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The Digital Grapevine: Social Media and the Role of Internal Audit


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No longer confined to areas of entertainment and life management, social media and social software have become an integral part of the digital business landscape. With more and more users linking, liking, friending and following, how can Internal Audit (IA) help assess and mitigate risks associated with social business?

This paper discusses the proactive steps IA can take to help address such growing challenges as:

  • Brand and reputation damage
  • Regulatory compliance
  • Information leakage
  • Third-party risk
  • Governance risk

In each of these categories, IA can play a critical role in understanding the potential risks of engaging in social business. IA can also help to monitor and manage threats and strike a balance between risks and opportunities.

Download the PDF to learn more. Two versions are provided to accommodate your viewing preferences: a standard version for printing and a screen version for reading on your computer or mobile device.

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Deloitte refers to one or more of Deloitte Touche Tohmatsu, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its member firms. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

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