Ep 66: 99% of what you know about risk management is wrong (Alexei Sidorenko - Chief Risk Officer)
The Audit Podcast
00:00
How to Fix a Heat Map of a Business Process
In certain countries, the Institute of Internet Lorders invites actual risk managers to tell Internet Lorders is how to apply risk based decision making to their audit planning. Heat maps have been scientifically proven to be worse than useless. Ask risk managers within the company. And if you don't trust them, pay an external provider,. You know, basically get someone to audit the risk management and you're not trusting them. That's just alarm bells going off everywhere.
Play episode from 26:08
Transcript
