The Institute of Internal Auditors recently filled a hole in their practice recommendations related to technology risks created by users via databases and spreadsheets. Financial institutions depend on these workhorses to retain and create repositories of valuable data. With the sheer number of user-developed applications, especially financial applications using Excel, the need for properly auditing these spreadsheets is now. To understand more about this topic, check out the latest release of the Global Technology Audit Guide (GTAG) Ralph Baxter, an executive at ClusterSeven, showed it to me.”]
Source: https://www.cuinfosecurity.com/blogs/spreadsheets-still-subject-to-fraud-target-p-677