Insight Search Search Submit Sort by: Relevance Date Search Sort by RelevanceDate Order AscDesc Whitepaper April 9, 2025 Third-Party Resilience: Increasing Transparency The threats faced by financial institutions are vast, multi-faceted and constantly evolving. The industry has responded in kind, in part by investing in resilience capabilities that enhance their ability to recover from destructive attacks, including attacks that may lead to data loss or critical system unavailability. Newsletter August 23, 2023 The Director’s Playbook for Generative AI So much has been written about generative AI (GenAI), it seems like a constant buzz inspiring both wonder and fear. But the value proposition is alluring. After witnessing OpenAI’s ChatGPT in action, Bill Gates said, “I knew I had just seen the most important advance in technology since the graphical user interface.” Survey April 17, 2025 Financial services risk insights Consistent with past surveys, the results of the financial services industry (FSI) reflect a higher level of concern about the risk environment than the general population of survey respondents. What is noteworthy this year is that the deviation between the risk ratings of the general population and FSI is significantly higher than in the past. Survey February 21, 2024 2024 Top Risks for Chief Audit Executives CAEs see a riskier near- and long-term environment than do most of their colleagues in the executive suite. Of all C-level respondents to our latest Top Risks Survey, internal audit leaders ascribe the highest-magnitude ratings to risks they expect to challenge their organization’s ability to achieve its performance objectives during the next 12 months. Whitepaper April 27, 2023 Price Transparency Compliance Price transparency compliance continues to elude hospitals two years after its effective date on January 1, 2021. While the Hospital Price Transparency (HPT) rule was met with great debate within the industry, the Centers for Medicare and Medicaid Services (CMS) continues its initiatives for ensuring greater transparency in healthcare. An audit of price transparency can prompt further compliance… Whitepaper January 23, 2024 Ten Things Foreign Financial Institutions Should Know About Executive Order 14114 On December 22, 2023, when many of us had already started our holiday breaks, President Biden issued Executive Order (EO) 14114, which among other things creates new secondary sanctions risk for foreign financial institutions. For anyone who missed this development or anyone who is simply trying to understand the significance of this EO, here are 10 things we think you should know: Whitepaper May 9, 2024 SIFMA’s Quantum Dawn VII After-Action Report The latest iteration of SIFMA’s biannual cybersecurity exercise focused on the outage of a critical third-party service provider. The simulation and concluding survey found many financial institutions are already experienced with the loss of a critical third-party, with protocols established for managing the outage. In this after-action report, we look at the lessons learned from the Quantum Dawn… Whitepaper September 22, 2022 Artificial Intelligence: Can Humans Drive Ethical AI? Artificial intelligence (AI) is a powerful technology that’s driving innovation, boosting performance, and improving decision-making and risk management across enterprises. It’s also turning data into the key driver of competitive advantage. Over the next two years, organizations across all industries plan to deploy or increase their use of artificial intelligence, according to a recent global… Flash Report November 30, 2022 Corporate Sustainability Reporting Directive (CSRD) Approved by European Council; More Than 50,000 Organizations Affected For the latest on CSRD, click here.On 28 November, 2022 the European Union (EU) Council (“Council”) gave its final approval to the Corporate Sustainability Reporting Directive (CSRD), which will require new, standardized and detailed sustainability reporting by companies. The CSRD represents a significant expansion from the earlier Non-Financial Reporting Directive (NFRD), which it replaces, and… Whitepaper June 2, 2022 Data Analytics Drive Real-Time Capital Project Management Collaborating with internal audit to minimize cost overruns and maximize value Introduction Data analytics has proven to create significant benefits across most industries and organizational functions, including internal audit. In fact, nearly two-thirds of internal audit functions now use data analytics as part of the audit process, according to Protiviti’s 2017 Internal Audit Capabilities and… Load More
