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  • Blog
    December 18, 2018
    Three years ago, when Protiviti began detailing why financial institutions should modernize their core systems, technological advances changing the way customers interacted with their financial providers were just starting to emerge. Today, these technologies, such as cloud computing and application programming interfaces (APIs) - software intermediaries that allow applications to talk to one…
  • Blog
    December 19, 2018
    Last month, Protiviti was a sponsor of the Fall Summit of the Financial Services Information-Sharing and Analysis Center (FS-ISAC) in Chicago. FS-ISAC is a global resource for the financial services industry, providing threat intelligence and analysis. FS-ISAC’s summit offered presentations, case studies and best practices by industry leaders, including actionable information for all attendees.…
  • Blog
    January 2, 2019
    Technology startups can get so wrapped up in developing their product or service and trying to recruit top talent that they neglect to invest in their future in other critical ways. Specifically, they overlook — or simply put off — building their financial reporting infrastructure, particularly their financial and system controls. And that could cost them big in the long run. For one, neglecting…
  • Blog
    January 8, 2019
    In London last November, Protiviti sponsored and spoke at the Data Protection World Forum. What was clear from speaking to the many delegates at the event was that many are now pausing for reflection, often after significant effort and investment to get compliant with the GDPR. They are now considering how they can continue to drive further remediation activities but also, importantly, how they…
  • Blog
    January 9, 2019
    The coming year in cybersecurity will be less about new cyber defense tools and more about education, compliance and process maturity. On December 14, 2018, I had the pleasure to moderate a chief information security officer (CISO) panel discussion at the winter meeting of the Delaware Valley chapter of the Information Systems Security Association (ISSA).  Four CISOs from leading…
  • Blog
    January 10, 2019
    The operating environment for financial firms has changed significantly in recent years. IT outages and cyber attacks – some of which have been very high profile – as well as increasing reliance on third parties through outsourcing and offshoring arrangements are transforming the risk environment and presenting significant risks of harm to customers and the stability of markets. As a result,…
  • Blog
    January 14, 2019
    Cyber resilience has become the latest concern for regulators around the world, as massively disruptive attacks such as NotPetya and WannaCry brought into the forefront the vulnerability of interconnected systems. Cyber resilience was also a key theme of the Financial Services Information-Sharing and Analysis Center Fall Summit in Chicago last November. In addition, regulators have released…
  • Blog
    January 16, 2019
    As more companies tackle transformation, finance organizations, as scorekeepers, need to make sure they stay ahead of the change curve. The use of data and technology is often the first way finance looks to add strategic value to the company, but the key to success may actually lie in how effective finance leaders are at selling the change to the people doing that work. To be clear, we’re not…
  • Blog
    January 22, 2019
    Chief financial officers (CFOs), by virtue of their role as strategic and financial managers and scorekeepers, are in a unique position to view corporate risks across the enterprise. It is therefore useful to understand the concerns behind CFOs’ responses to the latest Top Risk Survey from the N.C. State University Enterprise Risk Management Initiative and Protiviti. Most CFOs tend to be…
  • Blog
    January 23, 2019
    Technology firms are having an unprecedented influence over our lives and their reach has extended across the globe like never before. As a result, the level of regulatory scrutiny of these tech giants has increased dramatically as well. In the podcast below, Protiviti leaders discuss the changing regulatory landscape technology firms are facing today and the need to balance regulatory concerns,…
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