Control testing and evaluation
Testing the effectiveness and efficacy of a control is as important as implementing them. A risk practitioner should ensure that implemented controls are tested and evaluated periodically to ensure that they are still relevant and advise the risk owner in case of any gaps that have occurred since the initial implementation. The responsibility to determine the efficacy of controls periodically relies on the control owner. Control testing can be either progressive or regressive. Progressive testing begins with the requirements and looks for flaws, whereas regressive testing works backward from the expectations of the results and known issues to identify causes.
The following are some of the best practices for effectively evaluating controls:
- Never use production data for testing purposes and always produce synthetic data that’s as similar to the production data as possible for testing. If there is an absolute need to use the production...
