Results for Search Submit Filter by: Advanced Filter All results Solutions Industry Typelist People Client Story Insights/Blogs Filter Search Sort by RelevanceDate Order AscDesc Blog May 3, 2017 In the UK, 2017-2018 Priorities for Financial Services Firms Published The UK Financial Conduct Authority (FCA) has issued its annual business plan for fiscal year 2017-2018. The FCA is the conduct regulator for 56,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. Its annual business plan and mission statement gives firms and consumers greater clarity about how the regulator intends to… Blog May 5, 2017 Cyber Risk Management: No More Quiet Backrooms Last month, in New York City, Protiviti hosted a gathering of scores of financial service industry representatives to discuss the recently enacted New York Department of Financial Services’ (DFS) Part 500, Cybersecurity Requirements For Financial Services Companies. Similar in design to the previously enacted DFS Part 504, Transaction Monitoring and Filtering Program Requirements and… Blog May 8, 2017 From Analog to Analytics: 2017 a Turning Point for Internal Audit With increasing demands for broader, more accurate and more efficient risk assurance, internal audit departments have officially entered the age of analytics. According to Protiviti’s 2017 Internal Audit Capabilities and Needs Survey, two thirds of internal audit functions have begun using data analytics on at least a limited basis, with two-thirds of the remaining respondents indicating that… Blog May 9, 2017 The Power of Small Changes in Pursuing Digital Transformation: A Retail Perspective Adaptability has always been critical to retail success. But in the digital era, where disruptive change is constant, many retailers find it difficult to evolve fast enough to remain competitive — let alone relevant. That is especially true for companies burdened by the weight of legacy business models, inefficient back-office processes and outdated technology infrastructure. A proof point: The… Blog May 12, 2017 The Internet of Things: A Game Changer for IT Audit I recently had the honor of attending the ISACA’s 2017 North America CACS Conference in Las Vegas, where I discussed how the Internet of Things (IoT) continues to transform the mission of IT auditors. The IoT is a perfect example of an all-around disruptor, including in IT audit departments, as businesses collect, analyze and act on data captured outside of the traditional IT boundaries. As a… Blog May 15, 2017 Was Friday’s Ransomware Attack Covered in Your Cyber Plan? Less than a month ago, my colleague Adam Brand talked about the need to include ransomware in the cybersecurity repertoire of companies, emphasizing a business outcome-driven approach to cybersecurity, rather than a narrow-focused sensitive data perspective. Last Friday’s global ransomware attack brought this message home with a bang. The wide-spread attack struck hospitals, companies and… Blog May 19, 2017 Retailers, Tech Firms and Financial Services Providers: It’s Time to Shape the Future of Mobile Payments — Are You Ready? The global mobile payments market is projected to reach US$780 billion by the end of 2017, according to research firm TrendForce. That figure seems impressive until you consider that the ability to pay for goods and services with a mobile device has been a reality for years. It’s been nearly a decade since Starbucks, one of the biggest mobile payments success stories to date, launched its app and… Blog May 22, 2017 States Champion Regulatory Streamlining; CFPB Remains Focused on Consumer Loan Servicing and Fair Lending While regulatory relief remains a topic within the Beltway, the Conference of State Bank Supervisors (CSBS), the nationwide organization of financial regulators from all 50 states, the District of Columbia, Guam, Puerto Rico and the U.S. Virgin Islands, has already taken action to streamline the multistate regulatory oversight framework for one group of its regulated entities – money services… Blog May 24, 2017 Digital Transformation Success Requires Looking Inward First and Never Wearing Blinders To stay relevant in the digital economy, technology, media and communications companies must evolve on two fronts: externally and internally. The trick is that they must do both in tandem — and many find this difficult. External evolution relates to the role the company is playing to help propel the digital wave forward. Namely, what new and game-changing digital products, services and business… Blog May 25, 2017 Pro-Growth Signs in Washington Present Opportunity for Power and Gas Capital Investments Power utilities trying to gauge what the future regulatory landscape will look like are likely getting frustrated with the political cacophony in Washington. Yet judging by legislative activities in Congress and some of President Trump’s executive orders to date, pro-growth and job-creation policies are clearly top-of-mind among the nation’s lawmakers. For organizations that have been… Load More
