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 23, 2020 The FinCEN Files: Where Is the News? There has been widespread media coverage of the release by the International Consortium of Investigative Journalists (ICIJ) of the so-called FinCEN Files earlier this month. In the world of anti-money laundering (AML), the ICIJ also made news in 2016 with the release of the Panama Papers and the Bahamas Leaks, both which exposed the dark side of offshore banking, a theme also addressed in the… Blog September 28, 2020 The FinCEN Files: What Can We Learn? “Never let a good crisis go to waste.” This quote by Winston Churchill has been used often as we all have struggled to deal with the effects of COVID-19. While the leak of the FinCEN Files pales in significance to COVID-19, it has proven to be a public relations crisis – unfairly in our view, as we said in our initial blog on this topic – for the banking industry. But, we may as well learn all we… Blog September 29, 2020 Excellence Starts at Home: Why CEOs Should Hold Functional Leaders Accountable for Serving Their Internal Customers Imagine a scenario where a company decides that it needs a proprietary app to better engage with customers. It hires an outside developer to create the app but the developer fails to deliver on time or as specified. The company isn’t able to drive the adoption of the app as planned, and in turn its projected growth and customer retention suffer. There is a strong dissatisfaction with the… Blog October 1, 2020 From Unprecedented Disruption, an Optimistic Vision for the Future How do you transform the internal audit function to serve the ever-changing landscape? That was the core question we at Protiviti aspired to answer through our interviews with internal audit leaders for Volume XVI of our Internal Auditing Around the World® profile series. We sought insight into how high-performing and forward-thinking internal audit teams are innovating and transforming… Blog October 9, 2020 PCAOB Issues Staff Update and Preview of 2019 Inspection Observations On October 8, 2020 the Public Company Accounting Oversight Board (PCAOB) published its Staff Update and Preview of 2019 Inspection Observations. In 2019, the PCAOB inspected approximately 175 audit firms and reviewed portions of roughly 710 public company audits in the United States and abroad. Through the inspections, the board identified potential areas of improvement for all firms and good… Blog October 14, 2020 Gone Phishing: Elaborate Scams Are on the Rise, Are You Smart Enough to Recognize Them? During cybersecurity awareness month, we are showcasing several podcasts on security and privacy issues. In this podcast, Protiviti Managing Director Michael Lyons shares a personal experience with, and an in-depth analysis of, a sophisticated phishing scam. How can companies protect themselves against increasingly elaborate phishing attempts and other malicious actions? Listen to the story at… Blog October 15, 2020 The Future Auditor Faces the Digital Imperative Audit committees and boards of directors are looking for deeper insights into the companies they govern. This need matches The Institute of Internal Auditors’ vision of internal auditing and is aligned with the next-generation capabilities of what we at Protiviti have been calling the “future auditor.” This opportunity is fleeting, however, and if audit leaders don’t act quickly, to capitalise on… Blog October 16, 2020 As Organizations Transform, the Role of the Project Manager Is Changing Project management as a function is undergoing rapid and profound transformation, and organizations are reconsidering the value project managers (PMs) can bring to their programs and projects. Over the course of a series of blogs, Protiviti will explore the evolution of the project management function from an administrative role to a transformation agent, along with the impacts to… Blog October 19, 2020 Helping to Save Lives – FinCEN Takes the Lead in Battling Human Trafficking Amid COVID-19 Note. Carol Beaumier serves as an Advisory Board Member for the Anti-Human Trafficking Intelligence Initiative. Over the months that COVID-19 has been gripping the world, FinCEN has issued several advisories informing the financial services industry of the heightened risks of the current environment. These have addressed topics ranging from fraudulent sales of personal protective equipment and… Blog October 21, 2020 How Firms Can Tackle Technology Risk Blind Spots to Build Resilience Contrary to popular belief, criminals — insiders or outsiders — are not the most common cause of major operational failures. Technology is the biggest culprit. The rapid adoption of artificial intelligence (AI), blockchain, robotic process automation (RPA), cloud computing and other technologies continues to transform finance. It has created a mix of technological risks that frequently disrupt… Load More
