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  • Blog
    April 26, 2021
    One of the most important lessons healthcare companies learned during the COVID-19 pandemic is that they need to implement and maintain better strategies, processes and procedures to enable resiliency and recovery. As they seek to mature their business continuity plans (BCPs)/continuity of operations plans (COOPs), not only to satisfy recently increased regulatory scrutiny by the Centers for…
  • Blog
    April 27, 2021
    Leaders of manufacturing and distribution (M&D) companies don’t rank data privacy among their list of top concerns for their organization this year — or even for the next decade. That’s one of the most striking takeaways from this industry group, based on a new top-risks survey conducted by Protiviti and NC State University Poole College of Management’s Enterprise Risk Management Initiative…
  • Blog
    April 28, 2021
    As costs for risk functions continue to increase, it is crucial to both reduce manual tasks and innovate processes through technological tools and an expanded skill set. In a recent episode of Protiviti’s Powerful Insights’ “Future of Risk and Compliance” podcast series, Protiviti Risk and Compliance Managing Director Vicki Alexander speaks with Nishant Desai, Chief Compliance Officer of TIAA…
  • Blog
    May 5, 2021
    Quantum computing capabilities are exploding, causing disruption and opportunities, but many technology and business leaders don’t understand the impact this technology will have on their business. Protiviti has launched a bi-weekly podcast, The Post-Quantum World, as we discuss hot topics and the business impacts, benefits and threats of this exciting new capability. In each episode, hosted…
  • Blog
    May 6, 2021
    According to Protiviti’s 2021 Next-Generation Internal Audit Survey, most of the chief audit executives (CAEs) and senior internal audit leaders surveyed reported that their teams are still in the early stages of, or have yet to embark on, their next-gen internal audit journeys. However, amidst the digital acceleration perpetuated by the COVID-19 pandemic and as internal audit teams face a more…
  • Blog
    May 11, 2021
    Several years ago, we invited board members to speak candidly about presentations from company executives. Those free-flowing conversation more than lived up to what was billed as a “Don’t Bore the Board” panel discussion. The panel members’ engaging insights remain instructive to chief information security officers (CISOs) today as security leaders strive to hone their increasingly…
  • Blog
    May 12, 2021
    On April 12, 2021, the U.S. Securities and Exchange Commission (SEC) issued a staff statement regarding the financial reporting considerations for warrants issued by special-purpose acquisition companies (SPACs). This new guidance advises that warrants that lack an embedded feature (specifically, those that are options to purchase shares at a predetermined price within a defined time period)…
  • Blog
    May 14, 2021
    On May 12, President Joe Biden issued the Executive Order on Improving the Nation’s Cybersecurity. This executive order (EO) is the most recent action by the administration to strengthen U.S. national cyber defenses and address cybersecurity threats and attacks that continue to grow in magnitude, impact and frequency. It is intended to protect networks in the federal, public and private…
  • Blog
    May 18, 2021
    There’s a fundamental sea change happening in the medical device security world. Driven by the increasing threats of cyberattacks, corporate competition, and the ever-growing need to protect the massive volumes of valuable patient data, chief information security officers (CISOs) are rethinking how they defend against these evolving challenges.…
  • Blog
    May 19, 2021
    When Verizon released its Data Breach Investigations Report (DBIR) last May, it found 381 of the 3,950 data breaches confirmed in the prior year occurred in manufacturing businesses. Hackers’ motivations were largely financial, although espionage played a part as well. Nearly a quarter of incidents in manufacturing involved ransomware, which is especially damaging to those needing highly…
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