Results for Search Submit Filter by: Advanced Filter All results Solutions Industry People Client Story Insights/Blogs Filter Blog Applying Qualitative Factor Overlays on CECL Models: Key Considerations With the initial deadline for adherence to the Current Expected Credit Loss (CECL) accounting standard approaching, regulators and industry representatives gathered in New York recently for the CECL 2019 conference to discuss the top-of-mind considerations for CECL and understand what public, SEC-filing institutions should be doing to prepare to go live with the standard on January 1, 2020. One… Blog Companies Could Use More CFO Insight, And CFOs Could Use More AI “If it ain’t broke, don’t fix it.” This famous defense of the status quo was popularized in 1977 by Bert Lance, a Georgia banker and Director of the U.S. Office of Management and Budget under President Jimmy Carter. It is apt that such wisdom would come from a banker, especially one who served, albeit briefly, as America’s chief financial officer (CFO). Anyone who has ever wrestled with trying… Blog Top Risks: Winning the War for Talent It should be no surprise that finding and keeping workers with digital skills is a top concern for executives and directors. The more digital companies become, the fiercer the competition for workers with a digital mindset: an aptitude to flourish in this new environment. In the most recent Top Risks survey, conducted by Protiviti and North Carolina State University’s ERM Initiative in… Blog Pace of Change and Resource Allocation Continue to Challenge Companies’ Vendor Risk Management, New Survey Confirms Running just to stay in place – this is what it feels like today for many companies trying to match their vendor risk management (VRM) efforts to the fast-changing risk environment and pressing regulatory demands. Incremental improvements in VRM made last year have been all but wiped out by new cyber threats, and the costs of running a vendor risk management program are rising. This is the… Blog Podcast from FS-ISAC Summit: Board-level Concerns about Cybersecurity, War for Talent and More Protiviti Managing Director Andrew Retrum is attending the Financial Services Information Exchange and Analysis Center (FS-ISAC) Annual Summit this week in Orlando. In this podcast, he shares some of the notable trends he’s hearing at the event. Podcast - Managing Director Andrew Retrum discusses notable trends from the FS-ISAC Annual Summit. Kevin Donahue: Hello. This is Kevin Donahue,… Blog Bridging the Divide: Auditing Digital Risk May is Internal Audit Awareness Month. On the blog, we are focusing on next generation internal audit – what does it look like and how can auditors get there? Subscribe to follow our series. With longstanding brands collapsing or making significant adjustments to their business models under pressure from digital competitors (the number one risk identified in Protiviti’s most recent Top Risks… Blog U.S. Bank Regulators Encourage Innovation in the Fight Against Financial Crime In welcome news to the banking industry, the U.S. federal banking regulators (Board of Governors of the Federal Reserve, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation and the National Credit Union Administration), along with the Financial Crimes Enforcement Network (FinCEN, and collectively the Agencies) issued a joint statement on December 3, 2018,… Blog Digital Readiness, Talent Retention Top Executive Concerns in 2019, New Survey Reveals Looking to the year ahead, boards and C-suite leaders across the globe are most concerned about their company’s ability to transform its operations and infrastructure to successfully compete with organizations that are “born digital.” This is according to results from the 2019 Executive Perspectives on Top Risks survey conducted by Protiviti in collaboration with North Carolina State University… Blog Regtech Roundup Regulatory compliance technology (regtech) for the financial services industry has advanced significantly over the past year, moving beyond proof of concept to a growing number of use cases. The challenge now becomes ensuring that the banks and their regulators are ready and able to capitalize on the promise of these tools, which include artificial intelligence, machine learning, blockchain,… Blog Tips for a Fraud-Free Holiday Season The festive season is a time for fun and good cheer. Your business is celebrating the end of the calendar year and staff are counting down the days before their extended holidays begin. But be warned – the holidays are also a peak season for cybercriminals and fraudsters looking to exploit your vulnerabilities at a time of skeleton staffing and “go slow” activity. Protiviti has found that a… Load More
