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Geopolitical Instability Moves the Goalposts AgainIn this issue of the Credit Pulse, we look at credit risk considering the macroeconomic and geopolitical uncertainties that continue to shape the financial services industry in the opening months of 2022. We assess lessons learned during the pandemic and how they’re driving lenders to recalibrate operations to enable greater resiliency in the face…
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The global e-commerce market is projected to approach $5 trillion in sales in 2021[1] — pretty impressive for an industry that only came into existence in 1991 when the internet was opened for commercial use. With brick-and-mortar stores shuttered because of COVID-19 and online buying the only option many consumers had, retail e-commerce sales in 2020 grew by double-digits in every region of the…
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Quantum machine learning, or QML, is one of the three major application categories for quantum computing, along with optimisation and simulation. As we’re working with customers at Protiviti to find advantageous use cases in QML, we rely daily on a tool called PennyLane from Xanadu. Join host Konstantinos Karagiannis, and special cohost Emily Stamm, for a chat with Nathan Killoran from Xanadu to…
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The current and future state of risk analytics is bedrock to empowering the compliance function’s forward-looking agenda. With the evolution of enterprise risks, advancements in analytics, and the ever-morphing regulatory landscape, compliance can be transformed by being further data driven, and monetise the deployment of advanced analytics in empowering intelligent decision-making and risk…
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“To put it bluntly, will companies enact courageous ESG policies only when it does not hurt?…This is a moment of truth. Stakeholders have been increasingly mobilised to question the premises of companies’ professed ESG activities. All too frequently, corporations and their executives engage in marketing or obfuscation of what they’re actually doing — what could more accurately be called ‘ESG-…
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It’s been fewer than two decades since the term ESG, or Environmental, Social and Corporate Governance, was coined in a landmark report commissioned by the United Nations. ESG has become a hot topic for politicians and regulators, as events like natural disasters and protests on racial and social inequity have led to public calls to action for fundamental changes to the way society interacts with…
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Assessing the results of Protiviti’s 2021 SOX Compliance Survey within the energy and utilities industries
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 — including the costs for Sarbanes-Oxley compliance activities. And for certain companies, the…
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Key Findings From the Latest Survey Conducted by Protiviti and AHIA on Healthcare Provider Organisation Internal Audit Plan Priorities
Even before the COVID-19 public health emergency, healthcare organisations were challenged in their mission to deliver high-quality patient care due to provider and staff shortages.
Many healthcare organisations have been forced to make severe and often morale-…
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As CEOs and boards become more informed about the extreme threats that cybersecurity lapses pose, their expectations are growing. CFOs’ expanding contributions to fortifying organisational data security, the highest priority identified in Protiviti’s latest Global Finance Trends Survey, play a pivotal role in satisfying those high expectations. Board members demand coherent, relevant and…
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On November 4, 2021, the U.S. Department of Defense (DoD or Department) published a proposed update to its Cybersecurity Maturity Model Certification (CMMC) and defined a path forward that has Defense Industrial Base (DIB) contractors eager to understand impacts to their business and anticipated next steps in the evolution of the CMMC programme.
In addition to simplifying and consolidating the…
