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Archive » June 2026 » Technological innovation and risk control systems: a theoretical and systemic analysis

Technological innovation and risk control systems: a theoretical and systemic analysis

Nicola Ilario Sibilio, Marco Boero, Giulio Picciuto
June 2026 - n. 6
Keywords: Innovazione tecnologica, risk management
Jel codes: O33, G32

Technological innovation is redefining organizational models and decision-making processes, leading to significant changes in risk management. Data-driven technologies, cyber-physical systems and Ai-based solutions increase efficiency and analysis capacity, but introduces complex risks, interdependence and decision-making opacity. We propose a systemic analysis of risk control systems, integrating governance, enterprise risk management and internal control perspectives. Risk is analyzed in the light of three interconnected drivers: quality and reliability of data and information; risk of change, associated with smoother and non-linear processes; skills and risk culture necessary for algorithmic tools and outputs. The architecture of controls, i.e. the Three Lines model and Combined Assurance, and Internal Audit must evolve towards forms of assurance on data/model governance, change governance and the organisational ability to oversee emerging risks.

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