COSO ERM AND CYBER RISK MANAGEMENT: BOTH SUPPORT INTERNAL AUDIT QUALITY: EVIDENCE FROM THE JORDANIAN BANKING SECTOR

Abstract               

This study aimed to explore the impact of COSO ERM and Cyber risk management on internal audit quality in the Jordanian banking sector. To achieve that the researcher designed a 45-items questionnaire distributed to 379 respondents (internal auditors). The data was analysed through the SPSS and Smart PLS, to find the impact of COSO ERM and Cyber risk management on internal audit quality. This study found a statistically significant positive impact for the COSO ERM dimensions (Monitoring, Internal Environment, Risk Assessment and Risk Response, Objective Setting and Event Identification, Control activities and Information and communication) on the Internal audit quality. And a statistically significant positive impact for the Cyber risk management dimensions (Cyber risk assessment, Define critical processes and supporting information assets and Create a cyber-risk profile) on Internal audit quality.