ISC — Quick Sheet
Emerging Technology Considerations
Read time: ~5 minutes
Artificial intelligence (AI)
- Risks: hallucination, bias, explainability, data leakage, drift, deepfakes.
- Controls: governance and inventory, model validation and monitoring, human review, no sensitive data in public tools.
- National Institute of Standards and Technology (NIST) AI Risk Management Framework: govern, map, measure, manage.
Blockchain
- Distributed, append-only, hash-linked blocks; consensus (proof of work or stake).
- Public vs permissioned; smart contracts execute automatically (bugs too).
- Crypto: control = private keys; fair value through net income; blockchain ≠ proof of validity.
Internet of Things (IoT)
Device inventory · segmentation · change default passwords · firmware updates.
Other
End-user computing outside change control · quantum threat to encryption.
Evaluate any new technology
Governance → risk assessment → controls → third parties → monitoring → audit impact.
Exam traps
- Each block contains the hash of the previous one, so changing a block breaks every later link — that's what makes tampering detectable.
- On a proof-of-work chain, someone controlling most of the computing power (a "51% attack") can rewrite recent blocks.
- Validating an AI model isn't a one-off: drift means performance must be monitored as the data changes.
SimplyCPA quick sheet · simplycpa.in/quick-sheets/isc/emerging-technology-considerations