Technology and associated cyber threats are evolving at an increasingly accelerated pace. What was once considered emerging - or even futuristic - is quickly being engrained into business processes. As a result, rapidly developing, innovative technology and tools are being added to the risk radar and internal audit programs. In this highly interactive course participants will investigate key considerations for auditing topics including digital transformation, multi-cloud strategy, storage minimalism and SSD data reduction, multifactor authentication with biometrics, Smart contracts, AI in cybersecurity, augmented/virtual reality, data fabric in data analytics, data/automation ethics, and more. By engaging with the activities embedded in the course participants will walk away with a collaboratively developed Risk & Control Matrix, plus the associated user stories, to assist them in improving their audit processes related to assessing these topics.
DESIGNED FOR
This course is intended for all internal auditors and audit leaders who desire a deeper understanding of the top innovative technologies and issues facing internal audit in today’s rapidly evolving risk landscape.
BENEFITS
- Discover how each innovative topic area is being integrated into organizations now.
- Identify basic risks and controls related to each key innovation topic.
- Explore how the Risks & Controls Matrix can be revised to incorporate key innovation topics.
- Discuss key auding procedures/user stories related to each key innovation topic.
- Develop user stories/acceptance criteria specific to each key innovation topic.
HIGHLIGHTS
This course will provide participants with the appropriate knowledge and skills to understand emerging, innovative technology and issues- including the associated risks and necessary controls of said technology and issues. Participants will also learn how to audit these specific technologies and issues, including the development of user stories (acceptance criteria).
COURSE LEVEL
Intermediate
PREREQUISITES
Participants should have 2+ years’ experience in internal audit.
ADVANCE PREPARATION
None