This tool will be developed into a 'Risk Co-Pilot' which can assist auditors and risk assessors when interviewing management at a company regarding their internal digital asset controls and processes.
Through the use of other OpenAI technologies such as Whisper, it can be used on calls to assess answers in real-time and provide a score to the auditor during the conversation. It will make the audit process easier and provide a second pair of eyes on the judgement, although it should never be solely relied on.
This AI will learn in the following phases:
Phase 1
Developing the ability to perceive the general sentiment of a response and categorise it as 'good' or 'bad' in terms of the entity's control environment.
Started: December 2022
Phase 2
Developing the ability to rank responses from 1 to 10, with 1 being the worst and 10 being the best. This can then be used to provide a holistic view over a series of answers, assisting with the assessment of the wider control framework.
Planned: Q1 2023
Phase 3
Developing the ability to create diagrams and flowcharts given a prompt. This can help illustrate control flows and processes, highlighting key areas of risk.
Planned: Q4 2023