Today’s organizations face a critical dilemma – embrace Digital Transformation and remain a leader or embrace the status quo and become a laggard. This is based on the fact that Digital Transformation is starting to permeate organizations and can be found in a plethora of unusual places.
Surveys done by Bain & Co, a leading management consultancy, show that across every industry revenue at digital leaders grows more than twice as fast, as those at the laggards. And, profits follow a similar pattern. Thus, the impetus for further adoption of digital technologies across the enterprise is firmly on the radar screen of C-Suite and Boards.
However, with the increased opportunities, the number of risks and the of their impact increases proportionally and Internal Audit will be a key factor in mitigation. According to a report by the European Institutes of Internal Auditors, only 31% of decision makers believe their organisations are compliant with GDPR, while in reality only 2% are. And, the same report highlights the fact that 62% of organisations expect cyber risk to cause disruption in the next three years and yet 74% of organisations have low or no cyber risk maturity
This program is designed to allow senior leaders and various other Risk and Audit professionals understand the opportunities and impact in Digital Risks within the enterprise. Over 2 days participants will become familiar with various Digital Risks that organizations face, understand their impact and learn various strategies, tactics and methodologies to audit and manage them. In addition, the attendees will understand some of the key technologies that can assist in automating Digital Risk auditing, such as data analytics, Business Intelligence, Big Data and Artificial Intelligence.