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Blogs
December 5, 2024
Low-code applications yield high value, big change in less time
The urgent need to develop a successful competitive strategy and align your supply chain to it has become apparent in recent years. So why haven’t successful implementations of enterprise technology systems kept pace to support this critical need? The issue is that many of the core characteristics of enterprise applications – complex configurations, lengthy...
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Effective Cybersecurity is Essential as Cyber Threats Expected to Continue Over Next Decade
September 8, 2021
In today’s rapidly evolving business world, the lines between technology and business have blurred. Organisations need to modernise and transform their technology in order to successfully compete. CIOs play a critical role in transforming the world of work using automation and technology – but they can’t do it alone. Collaboration among the C-suite is critical. In this blog series, Protiviti’s Technology Consulting…
What Do Thriving Organisations Have in Common? Business Agility
July 20, 2021
The Digital Age is forcing businesses to seek new ways to avoid falling behind and better serve their customers. Business agility enables organisations to respond quickly to market changes and employee or customer demands without compromising quality. Traditional hierarchical siloed methods no longer work in this environment. Companies seeking speed, innovation and greater customer focus have prioritised working in…
Control Cloud to Manage Security and Risk
June 4, 2021
Ensuring IT risks are managed, and compliance requirements are met has only intensified with the recent rapid growth in adoption of cloud services. Deployment of production workloads, migration of regulated systems and increasing storage of large volumes of data in the cloud has driven the need for security and controls to be deployed across customer cloud environments.
Leverage the Cloud to Modernise Technology and Enable Business Goals
June 3, 2021
In today’s rapidly evolving business world, the lines between technology and business have blurred. Organisations need to modernise and transform their technology in order to successfully compete. CIOs play a critical role in transforming the world of work using automation and technology – but they can’t do it alone. Collaboration among the C-suite is critical. In this blog series, Protiviti’s Technology…
IT Audit’s Perspectives on the Top Technology Risks in Energy & Utilities for 2021
April 13, 2021
Cybersecurity, Privacy, Data and Resilience Dominate the Top Technology Challenges for Energy and Utilities Organisations.
The Complexities of Rapidly Evolving Wage Law: Act Now to Mitigate Your Risk
March 25, 2021
Is Your Organisation Underpaying or Overpaying its Employees? No organisation wants to be headline news for underpaying its employees. However, many businesses are being publicly ostracised for violating enterprise agreements (EAs) in Australia. Not only are EAs incredibly complicated, wage law is also evolving rapidly, with Victoria and Queensland passing legislation in 2020. Unfortunately, rapid and complex EAs…
Changes to Accounting Standards Offer Transformational Opportunities for Insurers, with Extended Time to Implement
February 22, 2021
Big changes are coming to how the insurance industry recognises and reports out financial performance. But the effects won’t be felt just in the accounting department.IFRS 17, Insurance Contracts, and its U.S. companion, accounting standard ASU 2018-12, Targeted Improvements to the Accounting for Long-Duration Contracts, are intended to add clarity for investors in the wake of events and financial improprieties such…
Hong Kong Monetary Authority - Bank Culture Reform
June 5, 2020
On 19 December 2018, the Hong Kong Monetary Authority (HKMA) issued a circular titled “Supervision for Bank Culture” which provided further guidance to its original 2 March 2017 “Bank Culture Reform” guidance. The new guidance introduced supervisory measures to Authorized Institutions (AIs), including self-assessments and site visits. The HKMA commenced a self-assessment exercise under the new guidance in early…
Blog: Financial Institutions Should Prepare for High Absenteeism, Operational Disruptions as Coronavirus Outbreak Worsens
March 20, 2020
By Douglas Wilbert, Managing Director - Risk and Compliance and Dugan Krwawicz, Associate Director - Technology Strategy While the scale and duration of the Novel Coronavirus (COVID-19) pandemic is not yet fully understood, financial institutions, lawmakers, government and regulatory officials are working urgently to implement measures that will arrest the disruption to employees and customers, financial markets…
Blog: Risk Realities and Enterprise Risk Management in 2020
March 2, 2020
By Jim DeLoach, Managing Director, Protiviti Uncertainty and opportunity are two familiar bywords of the digital age. An ever-changing and disruptive marketplace provides an abundance of opportunities, but it also creates proliferating risks which can upend any organization whether it chooses to pursue those opportunities or not. And that is what’s especially fascinating about the digital age: There is risk to…
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