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Cybersecurity and IT risks

Higher education internal audit back-to-basics video series 

Oct. 10, 2024 · Authored by Morgan Mincy, Amanda Vellocido

Explore the world of information technology (IT) in higher education as Baker Tilly’s cybersecurity specialists present a detailed discussion on key risks, challenges and audit frameworks for colleges and universities.

The video highlights the following:

• Higher education institutions encounter diverse IT risks, such as reputational, competitive, operational, financial and regulatory issues. Addressing these risks is crucial for preventing significant impacts on enrollment, partnerships, research activities and more. Watch for specific challenges and examples of each type of risk!
• Implementing a recognized cybersecurity framework helps colleges and universities standardize processes, ensure regulatory compliance (e.g., HIPAA, GLBA) and conduct more consistent, efficient audits across decentralized IT structures. Explore commonly used frameworks in the video!
• Performing practical IT audits enhances an institution's risk management and cybersecurity posture. Align with best practices like the Institute of Internal Auditors’ (IIA) Three Lines Model for effective governance and risk management. See real examples of cyber incident response and vulnerability management audits in the video!

Watch this 20-minute video for answers to these questions: 

• What key IT risks do higher education institutions face?
• Why is regulatory risk a concern in higher education IT environments?
• What IT challenges are specific to higher education institutions?
• How does a recognized framework improve cybersecurity audits?
• What frameworks are commonly used for cybersecurity audits in higher education?