In the current business world, there’s a growing buzz around the use of Artificial Intelligence. While AI holds immense potential for enhancing process efficiency and effectiveness, it’s crucial to remember that successful AI implementation is built on a solid foundation of basic IT general controls.
Many organizations are eager to jump on the AI bandwagon, but it’s concerning to see that some still struggle with establishing robust IT general controls. These controls, which include system and network access controls, program change management, and data integrity controls, are the bedrock of any IT system. They help ensure the reliability, security, and integrity of data – prerequisites for any AI system.
Before we venture into the exciting realm of AI, let’s take a step back and focus on getting the basics right. Let’s invest in setting up strong IT general controls, creating a secure and reliable IT environment. Only then can we truly leverage the power of AI in internal audit, ensuring our AI systems are as effective and trustworthy as they are innovative.
Remember, in our quest for technological advancement, the basics should never be overlooked. After all, you wouldn’t build a skyscraper without first laying a strong foundation.
How can we not depict in this post an AI generated picture 🙂