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 September 30, 2019 Next-Gen Internal Audit Seeks Deeper Truth in Advanced Data Analytics The Protiviti View is examining some of the ways internal audit (IA) departments around the world are reinventing themselves into next-gen audit functions, drawing on the experience of 16 innovators profiled in Internal Auditing Around the World, Volume 15. This post looks at ways IA teams are using advanced data analytics to provide more efficient, effective and even predictive assurance… Blog October 2, 2019 Is Your Company Managing Data in the Cloud? Consider These Risks. Cloud technology is becoming the infrastructure of the next generation of commerce. Enterprise spending on cloud-based infrastructure is expected to surpass in-house technology investments by 2022, by some estimates. For many organizations, a cloud strategy is a well-considered move that brings the promise of improved operational efficiency and lower costs — but it also poses new risks not… Blog October 3, 2019 Cyber Risk Quantification – Takeaways From the FAIR Conference Protiviti was once again a sponsor of the 2019 FAIR Conference, hosted by the FAIR Institute, which took place on September 24-25 in National Harbor, MD. Protiviti cyber risk quantification experts Andrew Retrum and Vince Dasta were at the conference to meet with other FAIR experts and answer questions from attendees. For those who missed them, we present below a brief interview with Vince Dasta… Blog October 7, 2019 Emerging Technology Companies: Don’t Forget to Manage Security in the Cloud Data breaches only happen to other companies — that’s true right up until the minute your company, believing itself secure, gets hacked and finds that the personal data of millions of its customers has been exposed. A company’s reputation and competitive advantage — which may have taken decades to build — can be destroyed overnight. For an emerging technology company, a security breach could… Blog October 8, 2019 SOX Control Awareness and Communication Is One Way Organizations Can Help Reduce Costs and Hours Protiviti’s 2019 SOX survey shows that companies, with the help of technology, are finally beginning to make headway in the 15-year battle to rein in SOX compliance costs and rising control counts. A few weeks ago, we discussed some of the factors that contribute to the reduction in hours and costs, and we pointed to reducing and standardizing control counts as one of these factors. But a reduced… Blog October 9, 2019 The OCC’s 2020 Supervision Plan Targets Emerging Risks Facing Financial Institutions In its 2020 fiscal year bank supervision operating plan, the Office of the Comptroller of the Currency (OCC) identifies cybersecurity and operational resiliency, Bank Secrecy Act/anti-money laundering compliance management, commercial and retail credit underwriting practices, and commercial and retail credit oversight and control functions among its top supervisory priorities. In… Blog October 10, 2019 With a Change in the Credit Cycle, a Rise in Special Assets Is Likely – Is Your Institution Prepared? In early 2016, the then-Comptroller of the Currency, Thomas Curry, issued a strongly worded report. “In the area of credit risk, the warning lights are flashing yellow,” he wrote in the OCC’s Semi-Annual Risk Perspective. “We can’t wait until the warning lights turn red.” According to the OCC, 2016 marked the fourth straight year that underwriting practices had loosened. Curry noted that banks… Blog October 14, 2019 Internal Audit Leaders Adopt Agile Methods to Meet Next-Gen Audit Expectations The Protiviti View has been examining some of the ways internal audit departments around the world are reinventing themselves, drawing on the experience of 16 innovators profiled in Internal Auditing Around the World, Volume 15. This post looks at ways internal audit teams are adopting fast and flexible “agile” development methodologies to better align audit activities with business processes… Blog October 16, 2019 Learning From Clients: “Fix What We Have” Protiviti and Robert Half frequently host summits with our clients to understand their views on various topics. We very much value our clients’ time, and these forums provide us an opportunity to listen to and learn from those we serve. This post is our second in a three-part series to share lessons from a recent CFO panel. Our first post discussed the value of resources who went… Blog October 17, 2019 New IT Audit Survey From Protiviti and ISACA Ranks Privacy, Data, Resources as Top Challenges This week, Protiviti released its 2019 Global IT Audit Benchmarking Study, the eighth annual audit research project conducted in partnership with ISACA. More than 2,200 chief audit executives (CAEs), internal audit professionals and IT audit vice presidents and directors across the globe participated in the study. These professionals revealed the key technology challenges they face, including a… Load More
