Risk Assessment

Know Your Risks

Schneider Downs identifies and ranks an organization’s most likely and most potentially damaging risks, identifies controls in place, and pinpoints control gaps through the use of a formal risk assessment methodology.

After co-developing with you the strategic objectives for your assessment, our multidisciplinary team of internal auditors, IT specialists and subject matter professionals review all levels of the organization to assess risk, isolate control gaps and propose mitigation strategies for vulnerable areas. The results are typically used to drive a risk-based internal audit plan.

case studies

 
Ransomware attack halted a global manufacturer's operations.
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
High tax burden for family-owned franchisor.
big problem:
High tax burden for family-owned franchisor.
big thinking:
Comprehensive planning for a 15% tax reduction.

our thoughts on

COVID-19 Fraud Risks: Remote Working, Internal Controls and Corporate Disbursement Fraud

The COVID-19 pandemic has changed where we work, how we work and ultimately how companies execute and sustain their internal control environment. Recent

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Fraud Risk Assessments – What your Organization Should Consider

Fraud. The dreaded word no organization wants to hear. Or do you? I would say it’s one word you do want to hear – and talk about – well

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Prop 24 passes in California What is it? What does it mean for privacy?

The United States election of November 3, 2020 featured a big win for consumer privacy. 56% of California residents approved Proposition 24 by voting “Yes”

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Ransomware Attack Disrupts Popular Sports Gambling Sites

On May 14, 2018, the Supreme Court lifted the federal ban on sports gambling. Since then, twenty-two states, as well as Washington D.C. have allowed, or

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The Hardware Failure That Took Down The Tokyo Stock Exchange

On October 1, the Tokyo Stock Exchange (TSE) was halted for a complete day due to an issue IT professionals tend to overlook, a piece of hardware. A crucial

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contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102