With a growing number of companies investing in cloud adoption, digitalization and data-intensive projects, Protiviti’s 2018 Internal Audit Capabilities and Needs Survey makes it clear that internal audit has arrived at...
Archive - April 2018
Managing the New Currency: Developing a High-Performing Data Management Organization
These days, the hot analogy in the analytics industry is that “data is the new oil.” Like oil, data must be found, extracted, refined and distributed. More companies are investing heavily in cutting-edge technologies...
Should All Energy Companies Be Planning for Blockchain?
A quick Google search of “blockchain” and “oil and gas” predictably yields hundreds of thousands of results. Open some of these results and you will frequently see “Big Oil” and “BP” and “Shell.” As Big Oil represents...
Agile Risk Assessment: Reinventing RCSAs
Timely and accurate risk identification and assessment are critical to strategic decision-making. A risk and control self-assessment (RCSA) can be a practical tool for providing that information. Many organizations...
Making Fintech Fit — Banks Weigh Risks, Rewards of Fintech
Forward-thinking banks are acquiring and partnering with fintech firms to survive and thrive in an increasingly tech-enabled marketplace. By adopting emerging technologies and enabling open APIs (application programming...
New Security Threat Report by Protiviti Draws on Nine Years of Data, Offers a Road Map for Better Security
Cybersecurity breaches of magnitude and consequences that used to be unthinkable a decade ago are happening with alarming regularity today. But while breaches have exploded in scope, the basic weaknesses that allow them...
Three Fundamentals for Building a Solid Data Governance Program
Time and again, we talk with clients who are neglecting perhaps the most important feature in a solid data strategy: data governance. With the explosion of data resulting from an increasing adoption of digital...
Financial Institutions Are Better Than Most at Bridging the Gap Between Procurement and Finance, But They Are Far From Perfect
When Protiviti conducted a procurement survey, Bridging the Gap Between Finance and Procurement to Maximize Value, in 2017, the responses of organizations in the financial services industry (FSI) appeared to suggest...
A Rose by Any Other Name…Is Still a Rose
Gartner opened 2018 with a call for the market to shift its solution focus from governance, risk and compliance (GRC) to integrated risk management (IRM). We at Protiviti agree with the basic proposition that...
Women in Cybersecurity: A Vital Subset of the Women in Tech Movement
At Protiviti, we are enthusiastically committed to a culture of diversity and inclusion. This commitment is an important priority for us, especially when we see the progress needed to advance women in technical fields...