“Since the advent of technology as a vehicle to accelerate business performance within organizations, risk management has often been perceived as a foundational, yet sometimes burdensome, pillar that has frequently been sidestepped since inception. For example, during the early 1980s, spreadsheets and databases (collectively, referred to as end-user computing (EUC)) began to multiply at an astonishing pace due to their ease of use, functionality and powerful insights that could be gleaned at record speed. However, even today, this domain remains a considerable impediment for organizations because sustainable, control-focused programs were not established from the onset to govern, assess, standardize, and monitor performance and risk. Retroactively untangling the unwieldy universe of EUC is often viewed as a Herculean (and, potentially, even insurmountable) task within organizations and unfortunate headline-worthy instances have resulted, including…”
Contributors: EYCategories: SIG U Resource, Whitepaper
SRC Type: Artificial Intelligence, Disruptive Digitization