Results for Search Submit Filter by: Advanced Filter All results Solutions Industry People Client Story Insights/Blogs Filter Blog July 5, 2017 Life Sciences, Pharmaceutical and Medical Device Companies Need to Trust Less and Question More to Keep High-Value Data Safe Life sciences, pharmaceutical and medical device companies possess sensitive, high-value data that cybercriminals, hacktivists, unscrupulous competitors and other malicious actors aim to steal or otherwise expose. Personally identifiable information (PII), such as employee data and information about clinical trial participants, is a prime target for compromise. So, too, is intellectual property (… Blog July 6, 2017 Security and Privacy in Financial Services: Q&A Addressing Top Concerns Global cybersecurity risk has never been higher, especially at financial institutions, which are often targeted for their high-value information. Earlier this year, Protiviti published its 2017 IT Security and Privacy Survey, which found a strong correlation between board engagement and effective information security, along with a general need to improve data classification, policies and vendor… Blog July 14, 2017 SEC Expands JOBS Act Registration Filing Provisions to All Companies Good news for companies that are planning or considering an initial public offering (IPO): The confidential IPO review period, created in 2012 to assist emerging growth companies, is now available to any company considering a public offering, regardless of size. The June decision by the U.S. Securities and Exchange Commission (SEC), effective July 10, 2017, is the first major policy move by new… Blog July 17, 2017 High Performance Procurement: Getting More Savings to the Bottom Line, Faster Only a low percentage of chief procurement officers and chief finance officers feel that they have “very effective” sourcing, according to the most recent research we conducted among 400 procurement and finance professionals. Effective sourcing equates to 10 percent or more in savings year over year. Unfortunately, finance executives say only a small fraction of those potential savings ever make… Blog July 18, 2017 Digital Reporting, Dashboards Help Execute Store-Level Audits in Real Time Retailers are under increasing pressure from all directions these days. In May, Credit Suisse estimated that a record 8,600 stores will close in 2017 and that 25 percent of U.S. shopping malls will be shuttered by 2020. At the same time, retailers are facing increasingly complex regulations on everything from public health to environmental issues. All of these pressures are creating a need to… Blog July 20, 2017 Criminal Finances Act 2017 Aimed at Terrorist Financing Affects All Firms With UK Operations One of the recent examples of efforts to clamp down on terrorist financing and tax evasion comes from the UK, where the Criminal Finances Act 2017 received Royal Assent in April. The Act, expected to take effect this September, is being touted as a powerful new tool in the investigation and prosecution of tax evasion and terrorist financing crime in the UK. In response to concerns raised by… Blog July 20, 2017 New Survey — Bridging the Gap Between Finance and Procurement My colleague Bernie Donachie wrote earlier this week about high-performance procurement, focusing on some top performer characteristics that emerged from our procurement survey prior to its release. The full report is now out, and, top performers notwithstanding, it shows that there are divergent perspectives across stakeholders when it comes to the value generated by the procurement… Blog July 24, 2017 Internal Auditing Around the World: Stepping Up to the Challenge of Culture Audits Weak organizational cultures are widely considered to be one of the primary causes of the global financial crisis that struck a decade ago. As a result, maintaining a strong risk culture has become a top priority for all major businesses today — as well as an expectation by their stakeholders, regulators and customers. Business leaders are looking to the internal audit function to assess not… Blog March 24, 2017 Compliance News Roundup: The Clearing House AML Recommendations, CFPB on Alternative Data and More Protiviti published its March issue of Compliance Insights this week. We sat down with Steven Stachowicz, Managing Director with Protiviti's Risk and Compliance practice, to discuss some of the highlights. Listen to our podcast below, or click on the "Continue Reading" link to read the interview. [audio mp3="https://protivitiriskmgmt.files.wordpress.com/2017/03/compliance-insights-… Blog March 28, 2017 2017 Technologies Driving GRC Change Digital transformation was probably one of 2016’s top buzzwords, meaning many different things to different analysts, journalists and vendors. For me, it represents real and significant investments in modernizing IT infrastructures, including those that support GRC activities and processes. Consider the trends we’re immersed in. Enterprises are adopting cloud and mobile technologies at an… Load More