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 October 25, 2018 Cybersecurity: Navigating the Legal and Regulatory Landscape As companies around the world adapt to comply with the EU’s General Data Protection Regulation (GDPR), legislators in the United States are under pressure from constituents to pass even more consumer privacy protection. That pressure increases with every major data privacy breach and has reached a point where the heads of major social media organizations were recently called to testify before the… Blog October 26, 2018 The Responsible Tech Firm Series, Part 3: Preparing for the Regulatory Wave As technology firms wake to the reality of increasing regulation, the question arises: “How do we prepare?” Protiviti has published a four-part series on key considerations for technology industry board members and executives interested in what the responsible technology firm of the future might look like. Our series focuses on the rapidly changing landscape that is altering the conversation at… Blog October 29, 2018 Finance Data Priorities: First Get It Right, Then Make It Pretty Baseball great Yogi Berra is fondly remembered for famously miscalculating that, “Baseball is 90 percent mental. The other half is physical.” Unfortunately, making similar miscalculations on data in the business world is neither funny nor fondly remembered – such errors can damage reputations and create conflicts with customers, investors and regulators. As we increase our reliance on data for… Blog October 30, 2018 Quantifying Cyber Risk: Takeaways From FAIRCON18 At a time when cyber/information security risk looms large on the minds of directors and executives, quantitative risk assessments are gaining traction as a way to understand and measure that risk. While the need to measure this risk grows, most organizations are still at a low level of maturity regarding the proper use of risk terminology and risk modeling. Getting support and, more importantly… Blog December 20, 2017 Is Servitization Manufacturing's Future? For Many, the Answer Is Yes. Many manufacturers see “servitization” — the process of moving from a product-centric business model to a bundled product-and-service one — as an inevitable future shift for their organization. What they often have difficulty visualizing, though, is when and how to make that move, and how long they may need to wait before they see a return on their investment from this new strategy. The latter… Blog December 22, 2017 Top Risks for 2018: Disruptive Innovation, Resistance to Change Having had a year to digest the aftermath of the U.S. election-driven economic, global trade, regulatory and other jitters that may have skewed the global risk outlook for 2017, executive perspectives on the top risks for 2018 have refocused on technology-driven change, and how well organizations are prepared to manage that transformation. Earlier this month, Protiviti and North Carolina State… Blog January 8, 2018 Perception vs Reality: What Is Procurement's True Value When It Comes to Savings? In Protiviti's Procurement Survey, conducted in the first quarter of last year, two findings stood out: Half of finance function respondents reported that only 20 percent of the savings procurement claims to achieve fall to the bottom line, and Only one-third of respondents, from both finance and procurement, agreed that there was a collaborative relationship between the two functions.… Blog January 9, 2018 Security Advisory: Meltdown and Spectre – Processor Flaws Expose Networks to New Class of Vulnerabilities Security researchers have identified a flaw, present in most computer processors, that allows unauthorized disclosure of information. The flaw, which affects most major processor manufacturers, is the first known instance of a security vulnerability at the processor level, and could be exploited in servers, workstations (including laptops), network infrastructure, mobile devices, IoT devices and… Blog January 12, 2018 The Current State of Internal Audit Data Analytics The explosion in the use of digital channels and the data they produce have caused a corresponding rise in the use of data analytics by the risk management and internal audit functions within financial services firms seeking to streamline their processes to gain efficiency and adopt a more agile approach to risk management. The internal audit function has been using data analytics for some time… Blog January 19, 2018 ERM: A Tool for Risk-Informed Strategic Planning and Decision Making At the end of last year, Protiviti conducted a webinar, Deriving Value from the Updated COSO ERM Framework. I had the pleasure of hosting the webinar, along with my colleagues: Dolores Atallo, a Managing Director in the Risk and Compliance practice, Jim DeLoach, Managing Director and member of the COSO Advisory Council (and host of this blog), and Bob Hirth, Senior Managing Director and COSO… Load More