Powerful Insights

It's been more than a year since a historic global pandemic changed the way companies operate in the near term, and very likely for the long term future. We can see the impact on numerous fronts, certainly including the time, costs and efforts organizations are investing in their Sarbanes-Oxley compliance activities. And for certain companies the use of technology and automation rose to the forefr...

Australia's mandatory data breach notification scheme has now been in place for a few years, and there are certain takeaways we have seen on notifications. Marc Coleman from Protiviti Australia and Baker McKenzie’s Anne Petterd discuss data breaches in the context of what has been learnt from the mandatory data breach notification scheme, including the impact on notifications, what data breach pra...

What are the main privacy risks and issues that organisations need to be across today? That is the question tackled in this podcast. Along with this, Protiviti Australia’s Hanneke Catts and Toby Patten of Baker McKenzie discuss how these privacy risks are being approached, and look at how organisations are implementing a privacy by design approach to ensure their privacy policies are fit for purpo...

The current and future state of risk analytics is bedrock to empowering the compliance function’s forward-looking agenda. As enterprise risks, analytics advancements and the regulatory landscape evolve, compliance can transform by being further data-driven and empower intelligent decision-making and risk detection. In this episode, Constantine Boyadjiev – Managing Director leading Protiviti’s Glob...

Protiviti CEO Joe Tarantino recently sat down for an in-depth interview with PGA Tour player Matthew Fitzpatrick, a 6-time winner internationally. The two discussed golf, the impact of the COVID-19 global pandemic on the PGA Tour, playing in the upcoming Olympics, and Matt’s relationship with Protiviti. For this interview, Joe and Matt met just before the PGA Tour’s RBC Heritage tournament at Harb...

As costs for risk functions continue to increase, it is crucial to plan to remove manual tasks and innovate by using both technological tools as well as an expanded skillset. In this episode of Protiviti’s Powerful Insights “Future of Compliance” podcast series, Protiviti Risk and Compliance Managing Director Vicki Alexander interviews Nishant Desai, the Chief Compliance Officer of TIAA Bank, and...

Managing risks and strengthening controls associated with operations have become increasingly more complex for all organizations. Firms are expending significant time, money, and resources to implement required changes and prioritize operational risk management efforts. As costs continue to increase, it is clear that the overly manual, reactive, and siloed status quo is unsustainable. In this epis...

A diverse, equitable and inclusive board culture contributes to the organization’s success by positioning directors to advise the CEO and add value in evolving markets. Does your board measure up? Diversity in the boardroom encompasses all dimensions of the human experience, including education, life experience, gender, race, ethnicity, sexual orientation, geography, age and specific areas of know...

Philosophies, standards and approaches around environmental, social and governance, or ESG, are among the most talked-about issues in corporate circles today, with the world’s largest companies and investors taking notable stands for the long-term betterment of society. Furthermore, ESG reporting has come into its own as a discipline, with most publicly held companies now issuing sustainability re...

The continuing global challenges and potential existential threat posed by the ongoing COVID-19 pandemic. Political divisiveness and polarization. Social and economic unrest. Gridlock. Artificial intelligence (AI), automation and other rapidly developing digital technologies. Rapid shift to virtual, remote work environments. Changes in the geopolitical landscape. Shifting customer preferences and...

Cybersecurity is a critical issue on all fronts today. It’s certainly vital for organizations large and small around the world as they battle bad cyber actors and ransomware attacks. For organizations managing areas of critical infrastructure, the threats include those related to the security of industrial control systems, or operational technology. These risks are all the more significant given t...

On our recent live global webinar, Lindsay Dart, Managing Director of Protiviti UK, and David Thomas, Vice President of Protiviti UK Managed Services, had a great chat with Protiviti brand ambassador and PGA Tour member, Matthew Fitzpatrick. Matt, a British golfer who just completed his first season on the tour, did exceptionally well qualifying for the 2020 FedEx Cup Playoffs and also advanced to...

It’s common for companies expanding through acquisitions to outgrow their in-house capabilities. This is often the case with legal services during acquisitions, when company management might turn to their private equity firm for due diligence and other guidance. Going forward, it’s not unusual for those companies to continue to work with the same outside counsel on other legal matters. The challen...

Cybersecurity is a critical issue on all fronts. It’s certainly vital for organizations large and small around the world as they battle bad cyber actors and ransomware attacks, among the many threats. And as we learn in this podcast, it affects individual consumers and citizens every day, requiring them to be ever-vigilant. In our latest episode of Powerful Insights, Protiviti Managing Director Mi...

It’s time for internal audit leaders and professionals to stand up and ride their own wave of transformation and innovation. But the results of the latest Next-Generation Internal Audit survey from Protiviti show that much progress still needs to be made in growing competency levels and next-generation auditing methodologies, in advancing innovation and transformation initiatives, and in communica...

Most discussions concerning the COVID-19 global pandemic aspire to a path leading to some form of normalcy – a “new normal.” That pathway is often framed in terms of phases, with each phase leading to an equilibrium of sorts. In other words, the state of equilibrium will be defined differently with each phase. There is no roadmap for what is about to happen soon or next, but each iteration requiri...

Chief audit executives and internal audit leaders are once again focusing on Sarbanes-Oxley compliance work, which has taken on a new dynamic in the wake of the COVID-19 global pandemic. But these leaders and professionals are not the only ones immersed in this work. Chief financial officers (CFOs) and finance leaders and staff continue to perform numerous activities related to financial reporting...

Chief audit executives and internal audit leaders are once again focusing on Sarbanes-Oxley compliance work, which has taken on a new dynamic in the wake of the COVID-19 global pandemic. But these leaders and professionals are not the only ones immersed in this work. Chief financial officers (CFOs) and finance leaders and staff continue to perform numerous activities related to financial reporting...

The world has changed. But SOX work goes on. Organizations required to comply with the Sarbanes-Oxley Act no doubt are experiencing this sentiment firsthand in recent weeks. The COVID-19 global pandemic has caused seismic shifts in companies of all sizes. The impact worldwide has been well-documented and will continue to evolve not only for the remainder of 2020, but certainly in the years to come...

Most discussions concerning the COVID-19 global pandemic aspire to a path leading to some form of normalcy – a “new normal.” That pathway is often framed in terms of phases, with each phase leading to an equilibrium of sorts. In other words, the state of equilibrium will be defined differently with each phase. No one really knows how this transition is going to work, since there is no playbook for...

Protiviti has produced a series of podcasts on GRC programs and technologies in which we obtained perspectives from Protiviti leaders and subject-matter experts around the world on GRC drivers, innovations and challenges in their markets. In this episode, we talked with Ivan Torres, a Director with Protiviti’s Technology Consulting group. Ivan, who is based in Mexico City, offers his views on GRC...

Protiviti has produced a series of podcasts on GRC programs and technologies in which we obtained perspectives from Protiviti leaders and subject-matter experts around the world on GRC drivers, innovations and challenges in their markets. In this episode, we talked with Ivan Torres, a Director with Protiviti’s Technology Consulting group. Ivan, who is based in Mexico City, offers his views on GRC...

We are living in a new world with the COVID-19 global pandemic. Companies are working hard every day to react and respond to it in order to keep their businesses moving forward. Organizations face questions on numerous fronts about customer relationships, supply chains, business continuity, technology needs and much more. But there’s an important aspect of the crisis that companies cannot ignore –...

Cybersecurity in Healthcare Organizations

Over the past few years, there has been an increase in the number of medical devices (from infusion pumps to CT scanners) that are connected to networks, either wirelessly or through systems that support them. During the same period, the number of cyberattacks against healthcare organizations has increased. What happens when cyberattackers, maliciously or as a by-product of a separate attack, impa...