“People say data is the new oil, but I like to say data is the new uranium. It’s extremely powerful, but it can be very dangerous because it can be used in ways we don’t intend.”
—Participant
The conventional wisdom is that data is one of the…
Innovation and technology, Regulation and supervision, Financial Strategy / Banking
While the practice of reporting on the environmental, social, and governance (ESG) aspects of business activities emerged decades ago, ESG reporting—also referred to as sustainability reporting or corporate social responsibility (CSR) reporting—has…
Working with the internal and external auditor
Third-party relationships can be a substantial source of enterprise risk. The proliferation of third-party partners, regulatory pressure, and the complexity of cyber-related risks has led companies to dedicate more time and attention to the…
Board risk oversight
Institutional investors have become increasingly prominent in capital markets over the last few decades, and they have used their power to put pressure on boards to ensure companies are focused on creating long-term shareholder value. They have…
Investor perspectives on public companies
Insurers have always sought to use information to sharpen underwriting and claims management. Today, aided by technologies like blockchain, sensors embedded in Internet of Things (IoT) devices, and low-cost genetic sequencing, insurers have access…
Risk management and oversight, Regulation and supervision / Insurance and Asset Management
Today’s internal audit functions are often challenged to perform both traditional assurance activities and new, value-creating tasks. As businesses consider new business models and integrate new digital platforms, internal auditors must adopt new…
Working with the internal and external auditor
Audit committee chairs and cybersecurity experts alike believe that for most companies cybersecurity breaches are inevitable. “Everyone knows they might get hacked; all are preparing for some type of event. The attitude has shifted from prevention…
Cybersecurity
A few years ago, many companies were still in the early stages of assessing digital technologies. Today, the opportunities and threats of digital disruption are front and center as companies struggle to adapt and entire sectors are transformed. Some…
Boards and General Management
Every bank is working hard to update its legacy systems and looking to technology to improve operating effectiveness and improve the customer experience. To do so, banks will need significantly deeper and broader technology expertise than they have…
Governance, Financial Strategy / Banking
One year ago, political and economic uncertainty contributed to declining mergers and acquisitions (M&A) activity, with the number of deals globally at a 20-year low for the first part of 2017. However, transaction volume accelerated in the…
Board risk oversight