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July 9, 2025 38 mins

The Institute of Internal Auditors Presents: All Things Internal Audit Tech

Quantum computing might sound futuristic, but internal auditors need to prepare now.
Bill Truett catches up with Nick Reese to talk about what’s changed in the quantum space — including new cryptography standards — real-world risks, and what internal auditors can do today to get ready.
 

HOST:
Bill Truett, CIA, CISA
Senior Manager, Standards & Guidance, IT, The IIA

GUEST:
Nick Reese
Co-founder and Chief Operating Officer, Frontier Foundry
Adjunct Professor, New York University

KEY POINTS:

  • Introduction and What's New in Quantum [00:00-01:34]
  • What is Quantum Computing? [00:01:34-05:57]
  • Milestones in Quantum Development [00:05:58-07:50]
  • Quantum + AI? Not Yet [00:08:12-09:58]
  • What Auditors Should Know About NIST Standards [00:10:00-11:54]
  • Immediate Steps for Internal Audit [00:13:15-17:38]
  • Legislation and Regulatory Outlook [00:20:28-22:19]
  • Global Threats and Historical Analogies [00:22:20-26:11]
  • Key Terms Auditors Should Learn [00:26:17-28:34]
  • Training Resources [00:28:35-31:00]
  • Opportunities Beyond Risk Management [00:31:00-34:11]
  • The Five-Year Vision [00:34:16-37:21]

THE IIA RELATED CONTENT: 
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