The European Union (EU) General Data Protection Regulation (GDPR) took effect May 25, 2018, yet only 34.5 percent of nearly 500 professionals involved in GDPR compliance efforts say their organizations can defensibly demonstrate compliance with the new data privacy rules today, according to a July 2018 Deloitte poll. Further, only 13.6 percent of respondents are confident that their organizations know what data third parties have and are leveraging artificial intelligence (AI) and other technologies to analyze and manage third-party contracts for GDPR compliance. To learn more, go to: https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/few-organizations-are-gdpr-compliant-eu-data-privacy-contract-management.html
Closing the talent gap: Five ways government and business can team up to resk...Deloitte United States
Employers often find it difficult to find workers with the right skills. Here’s how federal and state governments can collaborate with the business community to upskill the workforce. https://deloi.tt/2EBHdHt
Cyber wargaming: Building cyber resilience in an era of cyberattacksDeloitte United States
Nearly half (46 percent) of executive-level respondents to a Deloitte poll say their organizations have experienced a cybersecurity incident over the past year, with more than 1,500 surveyed professionals feeling only “somewhat confident” in their organization’s ability to respond to and remediate a cyber incident. Learn more: https://deloi.tt/2Ac1vEN
The future of regulation: Principles for regulating emerging technologiesDeloitte United States
As emerging technologies drive new business and service models, governments must rapidly create, modify, and enforce regulations. The preeminent issue is how to protect citizens and ensure fair markets while letting innovation and businesses flourish. https://deloi.tt/2NaeMRD
Hedge accounting: Simplifying the accounting for hedging activitiesDeloitte United States
The recent Deloitte webcast, “Hedge accounting: Simplifying the accounting for hedging activities,” polled more than 3,000 business professionals about their organizations’ implementation plans for the new hedge accounting rules issued by the FASB. These slides highlight the findings from the poll.
A recent Deloitte survey revealed that most Medicaid beneficiaries have the technology and appetite for digital health. How can states and managed care organizations do more to engage them? https://deloi.tt/2qNfGdX
Fight the good fight: Three lines of cyber defense working arm-in-arm Deloitte United States
In a recent Deloitte poll of more than 1,130 C-suite and other executives, 62.7 percent expect board of director requests for reporting on cybersecurity program effectiveness to increase in the next 12 months. A slightly lower 57.3 percent of executives expect increased cybersecurity regulatory scrutiny during the same period.
Modernizing compliance: A tech lens on value protection and creationDeloitte United States
Almost half (48.3 percent) of risk and compliance, internal audit, C-suite executive and board professionals plan to modernize their compliance functions by changing core compliance execution practices during the next 12 months, according to a recent Deloitte poll. Meantime, resource levels for compliance teams are expected to increase (27.5 percent) or stay flat (37.6 percent) in the year ahead for the majority of organizations.
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/nearly-half-of-orgs-plan-compliance-modernization-in-year-ahead-deloitte
Eight predictions for the future finance function and executives’ opinions ab...Deloitte United States
None of us knows for certain what the future will hold, but we all have a responsibility to be thinking about what’s likely to happen, and to prepare for it. With the publication of our Finance 2025 report and eight predictions about the future finance function, we asked our readers (via an online poll) a simple question: “Tell us your level of agreement or disagreement with each of our predictions.” Over 200 senior finance executives and other professionals—representing more than 10 industry sectors across more than 30 countries—responded to the poll. Here’s what they had to say. https://deloi.tt/2ATBY3z
Closing the talent gap: Five ways government and business can team up to resk...Deloitte United States
Employers often find it difficult to find workers with the right skills. Here’s how federal and state governments can collaborate with the business community to upskill the workforce. https://deloi.tt/2EBHdHt
Cyber wargaming: Building cyber resilience in an era of cyberattacksDeloitte United States
Nearly half (46 percent) of executive-level respondents to a Deloitte poll say their organizations have experienced a cybersecurity incident over the past year, with more than 1,500 surveyed professionals feeling only “somewhat confident” in their organization’s ability to respond to and remediate a cyber incident. Learn more: https://deloi.tt/2Ac1vEN
The future of regulation: Principles for regulating emerging technologiesDeloitte United States
As emerging technologies drive new business and service models, governments must rapidly create, modify, and enforce regulations. The preeminent issue is how to protect citizens and ensure fair markets while letting innovation and businesses flourish. https://deloi.tt/2NaeMRD
Hedge accounting: Simplifying the accounting for hedging activitiesDeloitte United States
The recent Deloitte webcast, “Hedge accounting: Simplifying the accounting for hedging activities,” polled more than 3,000 business professionals about their organizations’ implementation plans for the new hedge accounting rules issued by the FASB. These slides highlight the findings from the poll.
A recent Deloitte survey revealed that most Medicaid beneficiaries have the technology and appetite for digital health. How can states and managed care organizations do more to engage them? https://deloi.tt/2qNfGdX
Fight the good fight: Three lines of cyber defense working arm-in-arm Deloitte United States
In a recent Deloitte poll of more than 1,130 C-suite and other executives, 62.7 percent expect board of director requests for reporting on cybersecurity program effectiveness to increase in the next 12 months. A slightly lower 57.3 percent of executives expect increased cybersecurity regulatory scrutiny during the same period.
Modernizing compliance: A tech lens on value protection and creationDeloitte United States
Almost half (48.3 percent) of risk and compliance, internal audit, C-suite executive and board professionals plan to modernize their compliance functions by changing core compliance execution practices during the next 12 months, according to a recent Deloitte poll. Meantime, resource levels for compliance teams are expected to increase (27.5 percent) or stay flat (37.6 percent) in the year ahead for the majority of organizations.
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/nearly-half-of-orgs-plan-compliance-modernization-in-year-ahead-deloitte
Eight predictions for the future finance function and executives’ opinions ab...Deloitte United States
None of us knows for certain what the future will hold, but we all have a responsibility to be thinking about what’s likely to happen, and to prepare for it. With the publication of our Finance 2025 report and eight predictions about the future finance function, we asked our readers (via an online poll) a simple question: “Tell us your level of agreement or disagreement with each of our predictions.” Over 200 senior finance executives and other professionals—representing more than 10 industry sectors across more than 30 countries—responded to the poll. Here’s what they had to say. https://deloi.tt/2ATBY3z
Supply chain financial crime rates holding steady, but few tap blockchain to ...Deloitte United States
During the past five years, an average of 31.1 percent of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year. Yet, in a 2018 poll, just 15.1 percent of respondents report their organizations are using (3.9 percent) or piloting (11.2 percent) blockchain to help mitigate financial crime risks in their supply chains. See more responses from over 2,430 professionals were polled online during a Deloitte Dbriefs webcast, titled “Supply chain forensics: New insights on fraud, waste and abuse,” on July 24, 2018.
Our annual Global Human Capital Trends report for 2018 showcases a profound shift facing leaders worldwide: The rapid rise of what we call the social enterprise. This shift reflects the growing importance of not only workforce satisfaction internally, but also connections to the external world, customers, partners, and society at large. What does this mean for human capital in government organizations? The rise of the social enterprise demands that the public sector bring a determined focus on building social capital by engaging with diverse stakeholders, accounting for external trends, devising strategies that manage new societal expectations, and creating a sense of mission and purpose throughout the entire organization.
Access the full report here: https://deloi.tt/2MDJUJM
Few Government Professionals Feel Prepared to Comply with Lease Accounting St...Deloitte United States
According to a June 2019 Deloitte poll, few professionals in U.S. government entities feel prepared to comply (11.4% of federal agency employees and 12.4% of state or local government or higher education institution employees) with the Federal Accounting Standards Advisory Board’s (FASAB) and Governmental Accounting Standards Board’s (GASB) respective lease accounting standards.
As organizational reliance on third parties increases, extended enterprise ri...Deloitte United States
Recognizing that the greatest risk to the enterprise may come from outside the organization, a recent Deloitte poll revealed 70 percent of respondents indicated a moderate to high level of dependency on external entities that might include third, fourth or fifth parties. Also, nearly half (47 percent) of respondents said their organizations had experienced some sort of risk incident involving the use of external entities in the last three years. https://deloi.tt/2CiYnGK
In late Spring 2018, 4,407 people (40 percent being C-Suite or Executive level) tuned in for a webcast, “The internet of value: What CFOs need to know about blockchain,” during which the audience was polled about the technology.
As Enforcement Funding Increases, Organizations Report Varied Anti-Human Traf...Deloitte United States
According to an October 2019 Deloitte poll, organizations have varying levels of anti-human trafficking program deployment. When asked about the strength of their anti-human trafficking programs, 28.5% of respondents at organizations with existing programs and just 8% of those at organizations launching such programs in the next 12 months described their programs as “stronger than industry standard.”
A renewed focus on enhancing extended enterprise risk management (EERM) maturity has emerged in the last year amid increasing perceptions of dependence on third parties, although moving up the maturity curve has been slower than expected.
84.6% of responding C-suite and other executive feel confident in their organizations’ abilities to manage cash and liquidity, according to a Deloitte poll conducted on Oct. 15, 2020. But as uncertainty persists, it’s important for organizations to continue to improve and strengthen their cash and liquidity management abilities so as not to provide a false sense of security.
Process automation: What it means for the future of controllershipDeloitte United States
In a recent Deloitte Center for ControllershipTM poll of more than 1,700 finance, accounting and other professionals, 52.8 percent say their organizations plan digital controllership improvements—leveraging process automation, analytics and other technologies for financial and accounting processes—in the year ahead. Using finance and accounting robotic process automation (RPA) to increase efficiency and internal controls is the top priority for such efforts (34.7 percent). https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/finance-accounting-robotic-process-automation-priority-for-digital-controllership-2018-deloitte
The need for speed in financial governance: Mitigating the risks of misstatem...Deloitte United States
Despite more than one half (59.1%) of public company C-suite and other executives saying their organizations significantly revised or remediated financial processes during the past 12 months, nearly as many (51.6%) expect to do so again in next 12 months, according to a new Deloitte poll.
Articles published as sponsored content in the Risk & Compliance Journal from The Wall Street Journal from August 2017 to August 2018. https://deloi.tt/2CMG6lI
2018 Global CIO Survey: Manifesting legacy—Looking beyond the digital eraDeloitte United States
Today’s successful organizations—and their CIOs—are adopting a technology-led, business-enabled mindset to drive transformation, growth, and revenue. Based on insights from more than 1,400 global executives across 23 industries, we highlight how digital vanguards are leading compared with baseline companies and the ways that technology leaders can pivot to successfully lead their organizations—and their people—into the future.
https://bit.ly/2MGnc2s
As risks continue to abound, many plan to strengthen internal controlsDeloitte United States
A Deloitte poll conducted in Oct. 13, 2020 found that 77.6% of respondents' organizations plan to strengthen resilience for internal controls in the year ahead.
On May 8, 2017, a Deloitte Dbriefs webcast titled “FAQs about the new FASB leases standard: You're not alone” polled more than 2,150 C-suite executives and other executives about lease accounting implementation. Nearly half (47.1 percent) are concerned about their organizations’ ability to implement on time.
Augmented reality is rapidly bringing the physical and digital worlds closer. While this can create value for businesses, it also means new challenges such as who owns augmented spaces that government and businesses need to work together to regulate. https://deloi.tt/2YwQKXe
AI Use Expected to Increase in Risk and Compliance Efforts, But Few Have Ethi...Deloitte United States
According to a September 2019 Deloitte poll, nearly half of C-suite and other executives at organizations that use AI expect to increase its use for risk management and compliance efforts in the year ahead. Yet, few report that their organizations have an ethical framework in place for such AI use.
An Identity Crisis: Organizations Grapple With Growing Consumer Expectation f...Deloitte United States
Growing consumer expectations, the breakdown of traditional “walls” and emerging technologies have given rise to a digital identity crisis. More than ever before, identity management is at the center of cybersecurity, regulatory compliance and consumer trust, and many organizations are struggling to define digital identity both internally for the enterprise and externally for consumers. The results of a poll by Deloitte shed light on the top emerging trends and challenges shaping the evolution and management of digital identity.
Senior finance executives know in their gut that cloud investments will be part of the future. Here are seven questions frequently asked by our CFO clients, some applying to cloud investments anywhere in the enterprise, some dealing specifically with Finance as a potential cloud user. These questions are relevant for any CFO in business today. https://deloi.tt/2FxRq7n
Nearly half (47.1 percent) of discovery, legal and information technology professionals say their organizations have responded to at least one global litigation, regulatory, or investigative incident in the past year, according to a Deloitte poll. Just 21.9 percent said their organizations could conduct discovery and produce evidence within mandated timelines for those global matters.
250+ discovery (37.7 percent), IT (24.4 percent), in-house counsel (23.9 percent) and law firm professionals (14 percent) responded to questions during a Deloitte Dbriefs webcast, “Globalizing Discovery: A Systemic Approach,” on March 29, 2017. https://www2.deloitte.com/us/en/pages/dbriefs-webcasts/events/march/2017/dbriefs-globalizing-discovery-a-systemic-approach.html
Regulatory scrutiny, lack of preparedness may shift strategies for going publ...Deloitte United States
Recent regulatory and professional organization guidance surrounding special purpose acquisition company transactions (SPACs) is pushing some dealmakers (47% private equity professionals; 21.8% corporate development professionals) to rethink how they’ll access the public markets in 2022, according to a Deloitte poll. Further, many of those polled say their organizations are not prepared to pursue an initial public offering (IPO; 37.6% private equity respondents, 41.8% corporate development respondents).
Modernizing compliance: Moving from value protection to value creationDeloitte United States
More than 580 professionals in compliance (21.4 percent), internal audit (35.6 percent), risk management (17.7 percent), C-suite roles outside of compliance (22.6 percent) and corporate board members (2.7 percent) participated in a Deloitte Dbriefs webcast, titled “Modernizing compliance: Moving from value protection to value creation,” on March 30, 2017. Poll respondents largely work in the financial services (45.7 percent) and consumer and industrial products (23.2 percent) industries. https://www2.deloitte.com/us/en/pages/dbriefs-webcasts/events/march/2017/dbriefs-modernizing-compliance-moving-from-value-protection-to-value-creation.html
Supply chain financial crime rates holding steady, but few tap blockchain to ...Deloitte United States
During the past five years, an average of 31.1 percent of respondents to annual Deloitte polls say their organizations have experienced supply chain financial crime—particularly fraud, waste or abuse—in the preceding year. Yet, in a 2018 poll, just 15.1 percent of respondents report their organizations are using (3.9 percent) or piloting (11.2 percent) blockchain to help mitigate financial crime risks in their supply chains. See more responses from over 2,430 professionals were polled online during a Deloitte Dbriefs webcast, titled “Supply chain forensics: New insights on fraud, waste and abuse,” on July 24, 2018.
Our annual Global Human Capital Trends report for 2018 showcases a profound shift facing leaders worldwide: The rapid rise of what we call the social enterprise. This shift reflects the growing importance of not only workforce satisfaction internally, but also connections to the external world, customers, partners, and society at large. What does this mean for human capital in government organizations? The rise of the social enterprise demands that the public sector bring a determined focus on building social capital by engaging with diverse stakeholders, accounting for external trends, devising strategies that manage new societal expectations, and creating a sense of mission and purpose throughout the entire organization.
Access the full report here: https://deloi.tt/2MDJUJM
Few Government Professionals Feel Prepared to Comply with Lease Accounting St...Deloitte United States
According to a June 2019 Deloitte poll, few professionals in U.S. government entities feel prepared to comply (11.4% of federal agency employees and 12.4% of state or local government or higher education institution employees) with the Federal Accounting Standards Advisory Board’s (FASAB) and Governmental Accounting Standards Board’s (GASB) respective lease accounting standards.
As organizational reliance on third parties increases, extended enterprise ri...Deloitte United States
Recognizing that the greatest risk to the enterprise may come from outside the organization, a recent Deloitte poll revealed 70 percent of respondents indicated a moderate to high level of dependency on external entities that might include third, fourth or fifth parties. Also, nearly half (47 percent) of respondents said their organizations had experienced some sort of risk incident involving the use of external entities in the last three years. https://deloi.tt/2CiYnGK
In late Spring 2018, 4,407 people (40 percent being C-Suite or Executive level) tuned in for a webcast, “The internet of value: What CFOs need to know about blockchain,” during which the audience was polled about the technology.
As Enforcement Funding Increases, Organizations Report Varied Anti-Human Traf...Deloitte United States
According to an October 2019 Deloitte poll, organizations have varying levels of anti-human trafficking program deployment. When asked about the strength of their anti-human trafficking programs, 28.5% of respondents at organizations with existing programs and just 8% of those at organizations launching such programs in the next 12 months described their programs as “stronger than industry standard.”
A renewed focus on enhancing extended enterprise risk management (EERM) maturity has emerged in the last year amid increasing perceptions of dependence on third parties, although moving up the maturity curve has been slower than expected.
84.6% of responding C-suite and other executive feel confident in their organizations’ abilities to manage cash and liquidity, according to a Deloitte poll conducted on Oct. 15, 2020. But as uncertainty persists, it’s important for organizations to continue to improve and strengthen their cash and liquidity management abilities so as not to provide a false sense of security.
Process automation: What it means for the future of controllershipDeloitte United States
In a recent Deloitte Center for ControllershipTM poll of more than 1,700 finance, accounting and other professionals, 52.8 percent say their organizations plan digital controllership improvements—leveraging process automation, analytics and other technologies for financial and accounting processes—in the year ahead. Using finance and accounting robotic process automation (RPA) to increase efficiency and internal controls is the top priority for such efforts (34.7 percent). https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/finance-accounting-robotic-process-automation-priority-for-digital-controllership-2018-deloitte
The need for speed in financial governance: Mitigating the risks of misstatem...Deloitte United States
Despite more than one half (59.1%) of public company C-suite and other executives saying their organizations significantly revised or remediated financial processes during the past 12 months, nearly as many (51.6%) expect to do so again in next 12 months, according to a new Deloitte poll.
Articles published as sponsored content in the Risk & Compliance Journal from The Wall Street Journal from August 2017 to August 2018. https://deloi.tt/2CMG6lI
2018 Global CIO Survey: Manifesting legacy—Looking beyond the digital eraDeloitte United States
Today’s successful organizations—and their CIOs—are adopting a technology-led, business-enabled mindset to drive transformation, growth, and revenue. Based on insights from more than 1,400 global executives across 23 industries, we highlight how digital vanguards are leading compared with baseline companies and the ways that technology leaders can pivot to successfully lead their organizations—and their people—into the future.
https://bit.ly/2MGnc2s
As risks continue to abound, many plan to strengthen internal controlsDeloitte United States
A Deloitte poll conducted in Oct. 13, 2020 found that 77.6% of respondents' organizations plan to strengthen resilience for internal controls in the year ahead.
On May 8, 2017, a Deloitte Dbriefs webcast titled “FAQs about the new FASB leases standard: You're not alone” polled more than 2,150 C-suite executives and other executives about lease accounting implementation. Nearly half (47.1 percent) are concerned about their organizations’ ability to implement on time.
Augmented reality is rapidly bringing the physical and digital worlds closer. While this can create value for businesses, it also means new challenges such as who owns augmented spaces that government and businesses need to work together to regulate. https://deloi.tt/2YwQKXe
AI Use Expected to Increase in Risk and Compliance Efforts, But Few Have Ethi...Deloitte United States
According to a September 2019 Deloitte poll, nearly half of C-suite and other executives at organizations that use AI expect to increase its use for risk management and compliance efforts in the year ahead. Yet, few report that their organizations have an ethical framework in place for such AI use.
An Identity Crisis: Organizations Grapple With Growing Consumer Expectation f...Deloitte United States
Growing consumer expectations, the breakdown of traditional “walls” and emerging technologies have given rise to a digital identity crisis. More than ever before, identity management is at the center of cybersecurity, regulatory compliance and consumer trust, and many organizations are struggling to define digital identity both internally for the enterprise and externally for consumers. The results of a poll by Deloitte shed light on the top emerging trends and challenges shaping the evolution and management of digital identity.
Senior finance executives know in their gut that cloud investments will be part of the future. Here are seven questions frequently asked by our CFO clients, some applying to cloud investments anywhere in the enterprise, some dealing specifically with Finance as a potential cloud user. These questions are relevant for any CFO in business today. https://deloi.tt/2FxRq7n
Nearly half (47.1 percent) of discovery, legal and information technology professionals say their organizations have responded to at least one global litigation, regulatory, or investigative incident in the past year, according to a Deloitte poll. Just 21.9 percent said their organizations could conduct discovery and produce evidence within mandated timelines for those global matters.
250+ discovery (37.7 percent), IT (24.4 percent), in-house counsel (23.9 percent) and law firm professionals (14 percent) responded to questions during a Deloitte Dbriefs webcast, “Globalizing Discovery: A Systemic Approach,” on March 29, 2017. https://www2.deloitte.com/us/en/pages/dbriefs-webcasts/events/march/2017/dbriefs-globalizing-discovery-a-systemic-approach.html
Regulatory scrutiny, lack of preparedness may shift strategies for going publ...Deloitte United States
Recent regulatory and professional organization guidance surrounding special purpose acquisition company transactions (SPACs) is pushing some dealmakers (47% private equity professionals; 21.8% corporate development professionals) to rethink how they’ll access the public markets in 2022, according to a Deloitte poll. Further, many of those polled say their organizations are not prepared to pursue an initial public offering (IPO; 37.6% private equity respondents, 41.8% corporate development respondents).
Modernizing compliance: Moving from value protection to value creationDeloitte United States
More than 580 professionals in compliance (21.4 percent), internal audit (35.6 percent), risk management (17.7 percent), C-suite roles outside of compliance (22.6 percent) and corporate board members (2.7 percent) participated in a Deloitte Dbriefs webcast, titled “Modernizing compliance: Moving from value protection to value creation,” on March 30, 2017. Poll respondents largely work in the financial services (45.7 percent) and consumer and industrial products (23.2 percent) industries. https://www2.deloitte.com/us/en/pages/dbriefs-webcasts/events/march/2017/dbriefs-modernizing-compliance-moving-from-value-protection-to-value-creation.html
Self-disrupt or self-destruct – Disruption in numbersDeloitte UK
Source: Deloitte Analysis
CEOs of all major consumer product companies face the twin challenges of responding to the disruptive innovation threat in their traditional businesses, while simultaneously harnessing these same forces to create the businesses of tomorrow and capture growth. The magnitude of the challenge means CEOs need to consider M&A as a strategic enabler to capture innovation-led growth. In our point of view, we take a deeper look at some of the challenges and examine how companies are using M&A strategically to win the battle for the consumer.
What's Next - General Data Protection Regulation (GDPR) ChangesOgilvy Consulting
The General Data Protection Regulation is the biggest change to the law on data in years. This webinar features Vicky Brown, Deputy General Counsel at WPP, and Paul King, Head of Data at OgilvyOne discussing what it is, why it matters and what companies are doing.
Lease accounting standard implementations: Keep the pedal to the metal Deloitte United States
Following the FASB’s proposed delayed implementation date for private companies on lease accounting to Jan. 1, 2022, Deloitte conducted a online poll that shows 63.8% of private company C-suite executives (and 77.7% of public company execs) are confident in their ability to comply with all mandatory accounting standards on time despite the impacts of COVID-19.
In the year ahead, 55.9% of C-suite and other executive respondents to a Deloitte poll say they expect their organizations’ internal controls programs will have to test for larger and more frequent risks. When asked the same about the past 12 months, just 45% said their orgs had to test for larger and more frequent risks--a fairly sizeable jump in focus on internal controls for risk management and a signal that programs continue to expand.
Future ESG Infrastructure - Soren Ilsoe - April 2023.pdfSøren Ilsøe
Keynote from event at Dun & Bradstreet, Copenhagen DK - giving advise and recommendation for how to manage ESG data and how the future ESG data infrastructure could look like - think smart from the start, secure structure, standards and interoperability
A Deloitte poll conducted in Oct. 29, 2020 found that cybersecurity risks related to 5G adoption are a concern for many (76.4% of professionals at organizations currently use 5G and 80.7% of professionals at organizations plan to adopt 5G in the year ahead).
Is a Data Processing Agreement Required?Adam Stone
This image represents a decision-flow to determine those circumstances where a contract (a "data processing agreement") is necessary to establish data protection requirements for a data processor who provides services on behalf of a data controller, pursuant to the General Data Protection Regulation (GDPR) Article 28.
Almost Half of Executives Expect Supply Chain Security Challenges in Year AheadDeloitte United States
Of over 1,000 C-suite and other executives, almost half (44.9%) expect an increase in the number and size of cyber events targeting their organizations’ supply chains in the year ahead, according to a new Deloitte poll. The expected increase seems to indicate higher go-forward concerns, as just 33.8% of respondents say their organizations experienced one or more supply chain cybersecurity events during the past year.
The Internet of Things (IoT) and cybersecurity: A secure-by-design approachDeloitte United States
Cyberattacks, data breaches and overall business disruption, caused by unsecured IoT devices in the workplace and used by third parties, are increasing. This is because companies don’t know the depth and breadth of the risk exposures they face when leveraging IoT devices and other emerging technologies. The results of a poll by Deloitte and Dragos shed light on how ready organizations are for securing connected devices.
Today’s organizations give predominant importance to increased privacy regulations, stakeholder’s profitability demands and the ever so changing consumer privacy expectations. As a result, the emphasis on personal data is growing and the companies are facing complicated reputational, regulatory and data privacy risk environment. It’s a sad fact that the frequency of critical data breaches are increasing and as a result the management administration and the IT departments focus on safeguarding their data systems more than ever before. Our experienced and expertise data security, privacy and information governance experts in UAE helps you to reduce the risks associated with various privacy compliance frameworks along with recognizing the value of your personal data.
Protecting personal data has been an important issue for many years. The EU GDPR extends the data rights of individuals, and requires organizations to develop clear policies and procedures to protect personal data, and adopt appropriate technical and organizational measures. UK organizations have had to comply with the Regulation since 25 May 2018, or potentially face fines of up to 4% of annual turnover or €20 million – whichever is greater.
Learning Outcomes:
This 10 webinar series is intended to elicit a clear understanding of the core elements of the GDPR, with the ability to gain a deeper understanding by asking the trainer questions during the training.
It covers how each aspect of the Regulation can be translated into implementation actions in your organization and the auditor’s role.
Webinar 3
• Data protection by design
• Securing personal data
• Reporting data breaches
Implementing and Auditing General Data Protection RegulationJim Kaplan CIA CFE
Protecting personal data has been an important issue for many years. The EU GDPR extends the data rights of individuals, and requires organizations to develop clear policies and procedures to protect personal data, and adopt appropriate technical and organizational measures. UK organizations have had to comply with the Regulation since 25 May 2018, or potentially face fines of up to 4% of annual turnover or €20 million – whichever is greater.
Learning Outcomes:
This 10 webinar series is intended to elicit a clear understanding of the core elements of the GDPR, with the ability to gain a deeper understanding by asking the trainer questions during the training.
It covers how each aspect of the Regulation can be translated into implementation actions in your organization and the auditor’s role.
Webinar 7
• Lessons to be learned from common data security failures.
• The six data protection principles – how to apply them and demonstrate compliance.
Digital Asset Risk and Regulatory Compliance Expectations for 2024Deloitte United States
Executives involved in managing digital assets like digital currencies, digital securities, and stablecoins expect digital asset risks to increase and the regulatory environment to become more complex in 2024, according to a recent Deloitte poll . Related investments at most organizations are expected to remain flat.
According to a recent Deloitte poll, 57.2% of legal, risk and compliance professionals say their organizations have or will have a strategy for Generative AI within the next year.
Over 215 private equity investors (PEIs) and in-house, corporate M&A professionals (corporates) were polled online during a Deloitte webcast titled “Turning diligence insights into actionable integration steps” on July 25, 2023.
Emerging Technologies in Transformations Drive the Need for Evolving Internal...Deloitte United States
C-suite and other executives see artificial intelligence (AI) – which includes generative AI and machine learning – as the emerging technology that poses both the top risk (44.7%) and the top opportunity (35.9%) for their organizations’ internal controls environments in the year ahead, according to a new Deloitte poll.
Divestiture Trends: 2023 Could See More Sell-Offs, but Expect Lengthier and M...Deloitte United States
Against the backdrop of continued economic uncertainty, inflation and rising interest rates, nearly half (47.9%) of M&A professionals say they are likely to pursue a divestiture in the coming 12 months, according to a recent Deloitte poll. Among those contemplating divestitures, 40.4% of those polled say their organizations are likely to pursue 1-2 divestitures in the year ahead while 7.5% say their organization may pursue as many as 3-4.
Cash and Liquidity Management Confidence Levels Declining Among Executives, a...Deloitte United States
Despite high expectations of a recession in the next 18 months and declining confidence in cash and liquidity management, C-suite and other executives are turning to cost containment strategies and advanced technologies to ease concerns, according to a recent Deloitte poll.
Few are Confident in Their Organizations’ Ability to Report on ESG FinancialsDeloitte United States
Less than half of professionals (45.7%) say they are confident in the ability of their organizations’ financial reporting teams to gather and report on environmental, social and governance (ESG) financial metrics for regulatory compliance purposes, according to a recent Deloitte poll.
Deloitte Poll: Legacy Tech Poses a Challenge to Zero Trust AdoptionDeloitte United States
C-suite and other executives at organizations adopting Zero Trust say complexity and compatibility issues with legacy systems and environments pose the greatest challenge to adoption (44.6%), according to a new Deloitte poll. Yet, Zero Trust adoption efforts at polled executives’ organizations will be driven in the year ahead by an expected increase in cyber threats (30.1%) and the need to better manage third-party risks (25.1%).
Private equity investors (PEI) could be early leaders when it comes to environmental, social and governance (ESG) efforts in M&A, according to a new Deloitte poll. Based on the data, PEIs lead their corporate M&A counterparts by factors of two and three when it comes to the use of ESG clauses in deal contracts and routine ESG due diligence.
Almost Half of Executives Expect a Rise in Cyber Events Targeting Accounting ...Deloitte United States
Nearly half (48.8%) of C-suite and other executives expect the number and size of cyber events targeting their organizations’ accounting and financial data to increase in the year ahead according to a new Deloitte Center for Controllership poll. Yet just 20.3% of those polled say their organizations’ accounting and finance teams work closely and consistently with their peers in cybersecurity.
Could M&A Activity be a Springboard for Controllership Transformation?Deloitte United States
Over two-thirds of M&A professionals say their organizations’ deal work has led to pursuit of some form of finance transformation (68.4%), inclusive of digital transformation, process simplification and automation, according to a new Deloitte poll. While most respondents indicate that such M&A-inspired transformation takes place post-transaction (33.6%), others initiate it during a transaction (21.9%) or pre-deal (12.9%).
Putting intercompany accounting back in the spotlight: Controllership Perspec...Deloitte United States
In the year ahead, 40.6% of finance and accounting professionals say their organizations will increase the time and effort put into intercompany accounting (ICA) management, according to a new Deloitte poll.
Many C-suite Executives Say Their Organizations Want to Build Trust in Year A...Deloitte United States
In the next year, 61.3% of C-suite executives say that their organizations will work to improve trust levels with key stakeholders — including customers, employees, third parties and shareholders — yet few report having a C-suite-level leader in place to manage efforts (19%) and fewer still have a way to track stakeholder trust levels (13.8%), according to a new Deloitte poll.
Harvest Now, Decrypt Later Attacks Pose a Security Concern as Organizations C...Deloitte United States
Just over half of responding professionals at organizations considering quantum computing benefits believe that their organizations are at risk for “harvest now, decrypt later” (HNDL) cybersecurity attacks (50.2%), according to a new Deloitte poll.
2002’s Sarbanes-Oxley Act (SOX) led to the establishment of SOX 404 programs. Many, though, haven’t been updated since their inception, and don’t account for new developments in technology, business environment, and operating methods. What’s the first step in modernizing your SOX program? A SOX assessment can help you extract new value.
A new working relationship: Aligning organizations with the workforce of the ...Deloitte United States
According to a new poll from Deloitte’s Center for Controllership, public companies are facing significant challenges (more so than private companies) in the war for financial talent, including attrition caused by the Great Resignation which remains a top three issue.
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
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Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
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Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
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