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  • Blog
    October 27, 2020
    Seven Key Factors to a Successful PMO Transformation
    Established enterprises and rapidly growing firms continue to adapt to changing business environments driven by competition, acquisitions, emerging technologies and new risks. The same changes that are transforming the project management role and skills, discussed in this previous blog, are also altering the program (or project) management office (PMO). The need for alignment, built-in quality…
  • Blog
    October 30, 2020
    FBI Warns of Ransomware Assault on Healthcare and Public Health Sector
    On October 28, 2020, the Federal Bureau of Investigation (FBI), the Department of Health and Human Services (HHS), and the Cybersecurity and Infrastructure Security Agency (CISA) issued a Joint Cybersecurity Advisory regarding credible information of imminent cyber attacks to infect systems in the Healthcare and Public Health (HPH) sector with Ryuk ransomware. Ransomware campaigns using the…
  • Blog
    November 3, 2020
    PCAOB Issues Interim Analysis Report on Initial Impact of CAM Requirements
    On October 29, the Public Company Accounting Oversight Board (PCAOB) released an interim analysis report, along with two accompanying white papers, in which the board provides its analysis and perspectives on the initial impact of its critical audit matter (CAM) requirements and the insights learned from stakeholders. Protiviti has published a Flash Report in which we highlight the key…
  • Blog
    November 4, 2020
    Business Continuity Programs: Beware of Complacency
    Now that many companies have settled into the new normal — with staff working remotely and offices closed completely or operating below capacity due to restrictions from social distancing — the next looming danger is complacency. One of the biggest initial lessons from the COVID-19 pandemic is that businesses cannot afford to let their guard down and must use every opportunity to address any…
  • Blog
    November 6, 2020
    Managing Connected Devices in Today’s Evolving Business Environment
    With the global economy in turmoil due to the COVID-19 pandemic, companies are looking for a competitive edge. In such an environment, it is only natural to look to technology, both for data collection and improvement. This has led to an acceleration of an already fast-moving trend toward machine-to-machine data exchange via the Internet of Things (IoT) — an ecosystem of connected devices that…
  • Blog
    November 9, 2020
    Skills and Scale – The New Finance Labor Model Proves Its Real-World Value
    The finance labor model of the future has passed a major test – and it was a massive one. The results of Protiviti’s latest global survey of CFOs and finance leaders show that finance organizations which leverage a diverse talent pool of full-time employees, contract and temporary workers, expert external consultants, and managed services and outsourcing providers are able to respond to external…
  • Blog
    November 11, 2020
    Program Management as a Service – Transforming the PMO Through a Scalable Service Model
    The program management office (PMO) function today is expected to deliver highly complex transformation activities that cannot be solved using traditional methods. PMOs must be capable of partnering at all levels, both internally and externally, and must exhibit speed, expertise and scalability. As a result, many market leaders are turning to a robust, scalable program management as a service (…
  • Blog
    November 19, 2020
    SOX Compliance Under COVID-19: Considerations for Completing Quarterly Assessments
    A question receiving heightened attention recently is the quarterly evaluation of deficiencies identified in companies’ Sarbanes-Oxley (SOX) programs. Many organizations are considering whether a formal quarterly control deficiency analysis needs to be performed and documented to the same extent as the annual control deficiency analysis. In this blog, we provide a brief reminder on guidance and…
  • Blog
    November 20, 2020
    Realities of Crisis, Regulatory Landscape Call for Re-imagining Resilience and Curbing Complacency
    Over the last 12 months, financial institutions and regulators have been re-imagining what it means to be a resilient organization. The most disruptive event in modern history also has been the most instructive in terms of expanding the industry’s collective understanding of operational risks and the capabilities required to withstand them. While the jury is still out on the important lessons…
  • Blog
    November 23, 2020
    FinCEN and the Banking Agencies Clarify Due Diligence Requirements for Charities, Non-Profit Organizations
    On November 19, 2020, the Financial Crimes Enforcement Network (FinCEN) and the bank regulatory agencies (the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation and the National Credit Union Administration) issued a joint fact sheet on Bank Secrecy Act Due Diligence Requirements for Charities and Non-Profit Organizations. The fact sheet…
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