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Internal auditing is important for ensuring compliance to multiple safety and security standards. The problem is that although safety and security have similarities when it comes to auditing, they also have differences that makes auditing both areas under the same process difficult. This paper has shown how to overcome those differences and leverage the similarities to create one auditing process for both safety and security. The paper has harmonized the different terminology between safety and security and showed how the new auditing process can allow compliance to IEC 61508, ISO 27001 and IEC 62443.

Henry A. Latané: A Brief Biographical Sketch A native Virginian, Henry A. Latané was born in Buchanan, Botetourt County, in 1907. He received a BA degree from the University of Richmond in 1928 and an MBA degree from Harvard University in 1930. From 1930 to 1940 he was employed by Bankers Trust Company of New York as a security analyst. In 1940 he joined Lionel D. Edie and Company, also in New York, and remained with that firm as a security analyst until 1951. It was while he was with Lionel D. Edie that his first publication appeared, a short article in the Journal of the American Statistical Association (1942) concerning deriving seasonal factors in economic time series data. The Latané family moved from New York to Chapel Hill, North Carolina in 1951, where he obtained a Ph.D. degree in Economics from the University of North Carolina in 1957. Before completing his doctorate, however, he had published articles in the Southern Economic Journal, The Journal of Finance, and The Review of Economics and Statistics, all in 1954. His dissertation, completed in 1957 and entitled “Rational Decision Making in Portfolio Management,” provided the foundation for many of the Latané writings that have appeared in subsequent years. Latané joined the faculty of the University of North Carolina as a Research Associate in 1958 and was appointed Professor of Finance and Economics in 1960. He was elected Meade H. Willis, Sr. Professor of Investment Banking in 1969 and achieved emeritus status in 1981. He was one of the first to obtain the professional designation Chartered Financial Analyst in 1965. For many years he has been a member of both the New York Society and the North Carolina Society of Security Analysts. He served as Vice President of the Southern Economic Association during 1974–1976 and was an Associate Editor of The Journal of Finance from 1973 to 1981.

THIS test seemed to offer an opportunity for the earlier diagnosis of late syphilis and particularly neuro-syphilis. A survey of a series of patients with neuro-syphilis in the Liverpool Royal Infirmary showed that the prognosis, even with most active therapy was very poor. This was mainly due to the fact that when the patient was brought to diagnosis as a result of the usual symptoms, too much damage had already been done to allow recovery; for good results the diagnosis should have been made at an asymptomatic stage. Clearly the only method of doing this would be to uncover the cases of latent infection by large-scale routine blood testing of the general population or at least of such sections of it as come under control, for example, hospital patients, panel patients, men in the services and so on. But such a scheme presents three difficulties. Firstly, that the percentage of syphilitics in the general population in this country is low. For instance, the proportion of positive blood sera found in 8I4 of I,587 patients admitted to the Liverpool Royal Infirmary under Professor Henry Cohen was only 8-4 per cent., as shown in Table I., though