AUDIT FINDINGS DAMAC PRODUCTION DATA REAL-TIME

340 Control Failures Found
In DAMAC's Own Ticket System

For Your Audit Report Analysis Date: Dec 2024
Audit Opinion: Material Weaknesses Identified IT General Controls require immediate remediation action
CRITICAL 23 changes deployed without CAB approval (SOX non-compliant)
HIGH 24 admin access grants without documented authorization
HIGH 137 SLA breaches (47 on P1 incidents) - pattern indicates understaffing
MEDIUM 156 recurring Yardi issues - root cause not addressed in 90 days
Data Source: DAMAC ITSM Production DB | 2,847 tickets analyzed | Last 90 days | Synced just now
137 SLA Breaches
156 Recurring Issues
23 CAB Bypasses
24 Access Issues
Live: AI Risk Detection
Control Failure Detected Change CHG-2847 implemented without CAB approval
2m ago
SLA Pattern Detected Yardi auth failures recurring - 23 incidents in 7 days
5m ago
Access Anomaly Admin access granted without documented approval
12m ago
Documentation Gap 47 P1 tickets closed without root cause analysis
18m ago
87
Overall Risk
68%
ITIL Compliance
72%
SLA Compliance
THE INTELLIGENCE PIPELINE

How We Transform Your Data Into Audit Intelligence

Real-time integration with your enterprise systems delivers actionable compliance insights

1

Data Sources

Enterprise Systems Integration

ServiceNow
ServiceNow ITSM Connected
2,847 Tickets
Azure AD Ready
1.2K Users
SAP ERP Ready
45K Transactions
Oracle Financials Ready
12K Records
Jira/DevOps Ready
890 Changes
2

AI Analysis Engine

Pattern Detection & Risk Scoring

Pattern Recognition
Anomaly Detection
Risk Scoring
Compliance Mapping
340 Issues Found
<2s Analysis Time
3

Actionable Insights

Risk & Compliance Intelligence

SLA Breach Analysis

Identify patterns, root causes, and business impact of service level failures

137 breaches detected $2.1M estimated impact
Change Control Violations

CAB bypass detection, unauthorized deployments, SOX compliance gaps

23 unauthorized changes SOX non-compliant
Access Control Risks

Privileged access anomalies, terminated user access, SOD violations

45 access violations 24h avg detection
Root Cause Patterns

Recurring issue clustering, systemic failures, remediation tracking

78 recurring issues 5 root causes

What Risk & Compliance Teams Get

Real-Time Monitoring

Continuous surveillance of ITSM tickets for control failures and compliance violations as they happen

  • 24/7 automated scanning
  • Instant alert on violations
  • Zero manual effort
Audit-Ready Reports

One-click generation of professional audit reports with evidence trails and ticket references

  • PDF & Excel exports
  • Direct ticket links
  • Executive summaries
Pattern Intelligence

AI-powered detection of recurring issues, systemic failures, and emerging risk patterns

  • Root cause clustering
  • Trend analysis
  • Predictive alerts
Compliance Mapping

Automatic mapping of findings to regulatory frameworks (SOX, ISO 27001, ITIL)

  • SOX IT General Controls
  • ISO 27001 controls
  • ITIL best practices

Ready to Integrate More Systems?

Connect Azure AD, SAP, Oracle, Jira, and more to unlock comprehensive risk visibility across your enterprise

AI Risk Detection Categories

6 Active Monitors Connected to Database
12
Control Failures

Unauthorized changes, missing approvals, bypassed processes

5 Critical
35
Recurring Issues

Same problems happening repeatedly - root cause not addressed

Top: Yardi Auth (156x)
137
SLA Breaches

Resolution and response time failures by priority

P1: 67% compliance
24
Access Control

Privileged access without approval, SOD violations

8 admin grants unapproved
312
Documentation Gaps

Missing root cause, resolution notes, audit trail

28% tickets incomplete
23
Change Management

Emergency changes, failed changes, rollback patterns

23 no CAB approval

AI Risk Intelligence Agent

Ready to analyze
Analysis Configuration
Agent Execution Log Idle
[System] Risk Intelligence Agent initialized. Click "Run Comprehensive Analysis" to begin.
[Config] Connected to: DAMAC ITSM Database
[Config] AI Model: Azure OpenAI GPT-4

Regulatory & Framework Compliance

ITIL v4 Process Compliance
68 %
-5% from last month
INC.01 - Incident Logging 28% of major incidents missing root cause analysis
47 gaps
CHG.02 - Change Authorization 23 changes implemented without CAB approval
23 gaps
SLA.01 - Response Time P1 response SLA at 67% (target: 95%)
137 breaches
PRB.01 - Problem Management Problem tickets created for recurring issues
Compliant
ISO 27001 Security Controls
74 %
No change
A.9.2.3 - Access Rights Management 24 privileged access grants without documented approval
24 gaps
A.12.1.2 - Change Management Emergency changes exceeding 10% threshold
15 gaps
A.16.1.5 - Incident Response Security incidents escalated within SLA
Compliant
A.12.4.1 - Event Logging All security events logged and retained
Compliant
SOX IT General Controls
71 %
+3% from last month
ITGC.AC.01 - Access Provisioning Access to financial systems without proper authorization
12 gaps
ITGC.CM.02 - Change Testing Changes to Oracle Financials without UAT sign-off
8 gaps
ITGC.OP.03 - Incident Resolution Financial system incidents not prioritized correctly
5 gaps
ITGC.BC.01 - Backup & Recovery All financial data backups verified
Compliant
SOX Section 404

IT General Controls (ITGC) Testing Matrix

Management Assessment of Internal Controls over Financial Reporting

Audit Period: Q4 2024
24 Controls Effective
8 Control Deficiencies
3 Material Weaknesses
156 Tests Performed
Access to Programs and Data

Logical access controls, user provisioning, segregation of duties

2 Deficiencies 42 tests
ITGC-AC-01
User Access Provisioning

Access to financial applications requires documented approval from data owner

12 Exceptions Sample: 25
Deficiency
ITGC-AC-02
Termination Access Removal

Access removed within 24 hours of employee termination

45 Exceptions Sample: 50
Material Weakness
ITGC-AC-03
Privileged Access Review

Quarterly review of admin/privileged access to financial systems

0 Exceptions Sample: 15
Effective
ITGC-AC-04
Segregation of Duties

Conflicting access combinations reviewed and remediated quarterly

2 Exceptions Sample: 30
Effective
Program Change Management

Change authorization, testing, approval, and implementation controls

1 Material Weakness 38 tests
Computer Operations

Job scheduling, incident management, data backup and recovery

1 Deficiency 35 tests
Program Development

System development lifecycle, testing standards, documentation

All Effective 41 tests
Management's Assessment of Internal Control

Based on the assessment performed, management has identified the following material weaknesses in internal control over financial reporting as of December 31, 2024:

  • Access Control Weakness: Terminated employee access was not removed timely from 45 of 50 sampled terminations, representing a 90% exception rate.
  • Change Management Weakness: 23 changes to financial applications were deployed without required CAB approval, representing 51% of sampled changes.
  • Incident Response Weakness: 47 of 60 sampled P1 incidents affecting financial systems exceeded the 4-hour resolution SLA.

These material weaknesses existed as of December 31, 2024. Management is implementing remediation plans with target completion by Q1 2025.

Risk & Control Self-Assessment (RCSA)

IT Risk Assessment Matrix

Inherent vs Residual Risk after Controls

Critical (>80) High (60-80) Medium (40-60) Low (<40)
R-001
Unauthorized System Access
Inherent 85
Residual 65
AC-01 AC-02 AC-03
-20 pts
R-002
Unauthorized Changes to Production
Inherent 90
Residual 82
CM-01 CM-02
-8 pts
R-003
Data Loss / Corruption
Inherent 75
Residual 28
OP-02 OP-03
-47 pts
R-004
Service Unavailability
Inherent 70
Residual 62
OP-01
-8 pts
Risk Heat Map - Systems vs Categories
System / Category SLA Breach Recurring Access Change Docs Total Risk
Yardi Property Mgmt 89 156 12 5 45 307
Oracle Financials 34 28 24 18 23 127
Active Directory 18 45 32 8 12 115
Email Exchange 23 15 6 4 18 66
VPN Gateway 28 19 8 3 7 65
Critical (50+) High (30-49) Medium (15-29) Low (<15)
Risk Trend (6 Months)
Finding Distribution

Audit Findings - Evidence from Database

Loading...
Finding ID Category Description Severity Framework Evidence Action
AUD-001 SLA Breach
Critical P1 SLA breaches exceeding threshold

47 P1 tickets exceeded 4-hour resolution SLA. Average breach time: 6.2 hours. Pattern indicates staffing gaps during evening hours.

Critical ITIL SLA.01
AUD-002 Recurring
Yardi authentication failures - systemic root cause not addressed

156 identical authentication errors over 90 days. Same error, same symptoms, temporary fixes applied each time. Root cause: Token refresh mechanism failing.

Critical ITIL PRB.02
AUD-003 Change Mgmt
Emergency changes without CAB approval or documentation

23 changes classified as "Emergency" implemented without proper Change Advisory Board approval. 8 of these affected financial systems (Oracle).

High ISO A.12.1.2
AUD-004 Access Control
Privileged access granted without documented business justification

24 admin access requests to financial systems approved without manager sign-off or documented business need. Violates SOX ITGC requirements.

High SOX ITGC.AC.01
AUD-005 Documentation
Incomplete incident documentation affecting audit trail

312 tickets (28%) closed without root cause documentation. Missing: Resolution notes (189), Root cause (156), Workaround details (98).

Medium ITIL INC.01
AUD-006 Escalation
Management escalation delays impacting business operations

89 tickets requiring urgent escalation were delayed by an average of 18 hours. Pattern shows escalation process unclear for night shift.

High ITIL INC.05

AI-Generated Remediation Recommendations

Powered by GPT-4
Immediate Action
Implement Proactive SLA Monitoring & Auto-Escalation

Deploy real-time SLA tracking with automated alerts at 50%, 75%, 90% thresholds. Auto-escalate to Team Lead at 90% and Manager at 100%.

Est. 60% reduction in SLA breaches
Addresses: AUD-001, AUD-006
IT Operations Manager ServiceNow Admin
High Priority
Enforce Change Advisory Board Workflow

Implement mandatory CAB approval gates in ServiceNow. Emergency changes require documented justification and post-implementation review within 48 hours.

100% CAB compliance achievable
Addresses: AUD-003, ISO A.12.1.2
Change Manager IT Director
Medium Priority
Root Cause Analysis Automation for Recurring Issues

Configure AI-powered pattern detection to automatically create Problem tickets when issues recur 3+ times. Link to knowledge base for permanent solutions.

Est. 40% reduction in recurring incidents
Addresses: AUD-002, Yardi issues
Problem Manager Application Team

Action Center - Take Immediate Action

One-Click Actions
Generate Audit Report

Create comprehensive PDF report with all findings, evidence, and recommendations for management review.

~30 seconds PDF Export
Schedule Risk Review Meeting

Auto-create calendar invite with key stakeholders and pre-populated agenda based on current findings.

5 stakeholders Outlook
Create Remediation Tasks

Automatically create ServiceNow tasks for all critical findings with assigned owners and due dates.

6 tasks ServiceNow
Email Executive Summary

Send one-page executive summary to IT Director and CIO with risk scorecard and key action items.

C-Level Email
Export All Data to Excel

Download complete findings, evidence tickets, compliance scores, and trends in Excel format.

5 worksheets XLSX
Configure Risk Alerts

Set up automated alerts when risk thresholds are exceeded or new critical findings are detected.

Real-time Slack/Email
6 Critical Actions Pending
48h Until Next Audit Review
12 Actions Completed This Week
3 Owners Assigned
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