Jorge Badillo Ayala
Auditing the Uncertain: How Internal Audit Assesses Geopolitical Risks in a Hyperconnected World

Explore how internal audit can assess and respond to geopolitical risk in a deeply interconnected world. This session highlights insights from the World Economic Forum’s Global Risk Report and the European Central Bank’s definition of geopolitical risk, showing how economic confrontation, supply chain fragility, and cyber enabled threats are reshaping the risk landscape. Discover why geopolitical uncertainty ranks among the highest organizational risks yet remains under prioritized in audit plans, creating a critical assurance gap. Learn practical strategies auditors can apply, scenario planning, supplier diversification, contingency plan reviews, and monitoring third party dependencies, to translate global volatility into concrete audit actions. A roadmap for aligning assurance and advisory services with geopolitical realities, helping organizations strengthen resilience in the face of conflict, rivalry, and systemic disruption.