Analytics/Big Data/RPA

Episode 15 - Getting Started with Machine Learning in Risk Management

Episode 15 - Getting Started with Machine Learning in Risk Management

Office Hours is a work of passion to share strategies, technology ideas, and real-world stories that inspire governance, risk management, compliance, and audit professionals to live their biggest impact! Our channel is dedicated to delivering the best stories and strategies in developing GRC programs we've seen across 7,000 organizations in 140 countries around the world. In every episode we'll drill down on a topic that can help you level up - risk management, compliance automation, data analytics, next-generation auditing, robotic process automation, artificial intelligence, etc.

Episode 13 - Don't Let the PCAOB Make Us Dumber

Episode 13 - Don't Let the PCAOB Make Us Dumber

Office Hours is a work of passion to share strategies, technology ideas, and real-world stories that inspire governance, risk management, compliance, and audit professionals to live their biggest impact! Our channel is dedicated to delivering the best stories and strategies in developing GRC programs we've seen across 7,000 organizations in 140 countries around the world. In every episode we'll drill down on a topic that can help you level up - risk management, compliance automation, data analytics, next-generation auditing, robotic process automation, artificial intelligence, etc.

Episode 12 - Considering the Risk of "Too Good to be True"

Episode 12 - Considering the Risk of "Too Good to be True"

Office Hours is a work of passion to share strategies, technology ideas, and real-world stories that inspire governance, risk management, compliance, and audit professionals to live their biggest impact! Our channel is dedicated to delivering the best stories and strategies in developing GRC programs we've seen across 7,000 organizations in 140 countries around the world. In every episode we'll drill down on a topic that can help you level up - risk management, compliance automation, data analytics, next-generation auditing, robotic process automation, artificial intelligence, etc.

Episode 11 - Robotic Translations of Vulnerabilities to Threats and Threats to Risk

Episode 11 - Robotic Translations of Vulnerabilities to Threats and Threats to Risk

Office Hours is a work of passion to share strategies, technology ideas, and real-world stories that inspire governance, risk management, compliance, and audit professionals to live their biggest impact! Our channel is dedicated to delivering the best stories and strategies in developing GRC programs we've seen across 7,000 organizations in 140 countries around the world. In every episode we'll drill down on a topic that can help you level up - risk management, compliance automation, data analytics, next-generation auditing, robotic process automation, artificial intelligence, etc.

Episode 9 - Contract Risk, Over-billing Schemes, and Third Party Risk

Episode 9 - Contract Risk, Over-billing Schemes, and Third Party Risk

This week on Office Hours (https://officehou.rs), hosts Kevin Legere and Dan Zitting discuss third party risk management by looking at a situation where contract risk/vendor risk led to several very large organizations being substantially over-billed and the vendor itself having to restate its financial statements after rectifying the issue. We'll dig into how it happened and using "big data" to identify and resolve the issue.

Episode 8 - Is your organization paying dead people?

Episode 8 - Is your organization paying dead people?

This week on Office Hours, hosts Kevin Legere and Dan Zitting discuss their experiences identify ghost employees, ghost beneficiaries, and other related cases where large organizations are being defrauded through the identify theft of dead people. Kevin describes a large company where identified a high ranking executive had used the identity of a dead person to get hired, Dan describes a state government paying benefits (food stamps, veteran benefits, etc.) to people who were actually dead, and we show how to identify and monitor these issues. Enjoy!

Episode 7 - The Risk of Brand Perception and Power of AI/NLP Driven Topic Modeling

Episode 7 - The Risk of Brand Perception and Power of AI/NLP Driven Topic Modeling

This week on Office Hours we'll be talking about brand, and the risk of brand misperception. What assurance do management and the Board really have that corporate marketing is speaking to the market in a way and cadence that aligns to corporate strategy and drowns out the competition? This is a good chance to think about risk management's role in marketing, and also a great chance to look at how AI-driven natural language processing can be used in a real-world, practical way... in this case to competitively benchmark natural language marketing communications to our strategy and competitors.

Episode 6 - The Paradise Papers and Finding Indications of Fraud and Corruption

Episode 6 - The Paradise Papers and Finding Indications of Fraud and Corruption

This week on Office Hours, our first guest host, the mad genius Phil Lim, joins Dan Zitting to talk about the Paradise Papers... what they mean and how an organization he worked with was interested in using the data compiled from them to look at potential risk indicators fraud or corruption. Phil actually uses the real data with real US government spending data to show how the process looks to evaluate red flags.

Episode 5 - No more excuses: Five easy steps to getting started with data analytics and automation

Episode 5 - No more excuses: Five easy steps to getting started with data analytics and automation

This week on Office Hours, hosts Dan Zitting and Kevin Legere summarize Kevin's experiences as a data analytics consultant to audit and compliance teams who are just getting started with an analytics program. Kevin distills the what he found are really the five key steps to getting off the ground and building your first "data robots". These worked at Fortune 500 company's and the US Federal Government, hopefully they work for you if you are just diving into "data-powering" your team or function!

Episode 3 - Using Scenario Modeling for Risk Management (and is the lottery truly random?)

Episode 3 - Using Scenario Modeling for Risk Management (and is the lottery truly random?)

This week on a LONG and in-depth Office Hours, hosts Dan Zitting and Kevin Legere try to teach the basics of using scenario modeling (or simulation analysis) to enhance risk management and risk assurance. Scenario modeling enables GRC professionals to make far more informed risk decisions by considering the universe of potential outcomes of a given risky scenario... by understanding the probability of outcomes that are inside or outside the organization's risk tolerance, we can make quantified and informed decisions that make the organization better and impress the crap out of management! We'll run through a real case study from the Arizona State Lottery to make the points, with a little side lesson what does "random" truly mean. Find out if the pick 3 lottery really is indeed truly random!