© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022
M. SekarMachine Learning for Auditorshttps://doi.org/10.1007/978-1-4842-8051-5_1

1. Three Lines of Defense

Maris Sekar1  
(1)
Calgary, AB, Canada
 

Artificial intelligence (AI) and machine learning (ML) have come far from mere buzzwords to delivering tangible business value. Many organizations have successfully leveraged AI and ML in multiple practical use cases. Risk management poses a unique opportunity for AI applications. In addition to helping organizations manage risks proactively, internal auditors can use AI to align and realize business objectives. Governance and role definition have become the central topic of concern in risk-management applications ...

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