ROOM 106

Dynamic risk assessment, a new vision of risk
Preventing fraud rather than correct, using forensic technology

With the EU General Data Protection Regulation (GDPR) becoming effective on May 25, 2018, several internal audit departments have been wondering whether they have taken the right steps to make their internal audit procedures compliant. Similarly, they have been questioning whether they choose the right topics during internal audit fieldwork to check for company compliance.

No doubt. We have entered in the age of data. Digitization has put us squarely.
- The proportion of digital customers has increased exponentially in recent years. In Spain, digital transactions have reached 42%.
- A new category of technology is rising: AI or machine learning are transforming many industries.

Data is getting to journalists at a massive scale due to electronic leaks. Recent examples are the Panama and the Paradise Papers investigations, which amounted to four terabytes and 25 million files made available securely in the cloud to hundreds of reporters using open-source software. In this session, learn the inside story of these cross-border collaborative projects. The exposés had unprecedented impact with high-level resignations and opened more than 150 investigations in 79 countries. They also won more than a dozen awards, including the highest recognition in journalism, the Pulitzer Prize.