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Big Data, Data Analytics, and

Data Visualization building
your knowledge and expertise

September 15, 2015

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Todays Agenda

! Kickoff: Glossary of Terms

! Data analytics
! Data visualization

! Big Data

! Body of Knowledge Framework a path to excellence

! Auditing of Big Data / Auditing with Big Data

! Case Studies (Carolinas HealthCare System, Experis, TIAA-CREF)

! Visual Reporting Primer

! Closing Panel

Charlotte ISACA: Big Data and Data Analytics

 Data Analytics definition(s) 4

! ACFE the practice of assessing bodies of data to identify

potential indicators of fraud

! IIA is the process of identifying, gathering, validating, analyzing,

and interpreting various forms of data within an organization to
further the purpose and mission of internal auditing

! ISACA is the application of emerging statistical, processing, and

analytics techniques for the purpose of advancing the business

! Wikipedia the process of inspecting, cleaning, transforming, and

modeling data with the goal of highlighting useful information,
conclusions, and supporting decision making

! Thomas Davenport (Harvard professor and data analysis

consultant) see following slide

Charlotte ISACA: Big Data and Data Analytics

 Data Analytics definition(s) 4

from: Thomas Davenports Analytics at Work

Past Present Future

Information What What is happening What will

happened? now? happen?

Data Analysis as Data Analysis as Data analysis as

reporting alerts extrapolation

Insight How and why What s the next What s the best /
did it happen? best action? worst that can
happen?
Data analysis as Data analysis as Data analysis as
modeling / recommendation prediction /
design (value add) simulation

Source: Thomas Davenport Analytics at Work

Charlotte ISACA: Big Data and Data Analytics
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Data Visualization from:
Stephen Few Show me the Numbers

Time Series
Ranking
Part to Whole
Deviation
Distribution
Correlation
Geospatial
Nominal Comparison (e.g. East, Central, West)

Charlotte ISACA: Big Data and Data Analytics

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What is Big Data?
from IBM

Visual Risk IQ GRC thought leadership, practically applied

2013 Visual Risk IQ, LLC, All Rights Reserved
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If your Company is investing in Big Data,
should you audit that initiative? Why? How?

Well hear more from Paresh on this

Quick Audit program is as follows
What are we trying to do?
What are the risks to our success?
Security and Privacy
Compliance
Customer loyalty
How will we measure success?
Any unintended consequences?
Charlotte ISACA: Big Data and Data Analytics
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Body of Knowledge for Audit Data Analytics
(adapted from APRA)

Project Management
Data Acquisition and Manipulation
Statistical Techniques
Visual Reporting Techniques
Communication
(Audit and Compliance) Domain Expertise
Change Management / Strategic Thinking

All of these skills are needed for a successful data analytics

effort. Its very rare to find all of these skills in one individual.
Charlotte ISACA: Big Data and Data Analytics
 Next up 12

Carolinas HealthCare System

Mitigating User Access Security & Identity Management

Presented by James Kidwell and Tom Valiquette

Charlotte ISACA: Big Data and Data Analytics

 Next up 13

Citra Advisors

Assessing Risks and Auditing Big Data Initiatives

Presented by Paresh Patel

Charlotte ISACA: Big Data and Data Analytics

 Next up 14

Experis

Project Management Considerations for Data Analytics

Presented by Patricia Rowlett

Charlotte ISACA: Big Data and Data Analytics

 Next up 15

Visual Risk IQ

Picture This: Visual Reporting Fundamentals

Presented by Joe Oringel

Charlotte ISACA: Big Data and Data Analytics

 Next up 16

TIAA-CREF

Our Data Analytics Journey, Methodology, and More

Presented by Brian Karp

Charlotte ISACA: Big Data and Data Analytics

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Closing Panel

Charlotte ISACA: Big Data and Data Analytics