Cyber security breaches continue to increase in frequency as businesses struggle to get cyber security right. Boards are finding it difficult to have meaningful discussions about security and approaches to supply chain cyber risks result in a lot of paperwork but few improvements in practice. It’s no wonder hackers are accessing more and more information from large companies and making headline news in the process. This latest Audit Insights: Cyber Security report, examines the approaches companies and boards should take to ensure systems are secure, and to manage the impact of breaches.
The impact of digital technology has been significant and continues to transform the accounting profession and society at large. Our most recent thought leadership report, Providing Leadership in a Digital World, highlights the key areas all businesses should consider and argues that the profession must focus on establishing how accountants can better serve businesses, the economy and society through new and evolving technologies.
Big data is creating many opportunities for businesses to derive greater insight from data, predict future outcomes more accurately and automate non-routine tasks. But the use of big data and analytics needs to be appropriate and subject to robust challenge. As a result, it’s important to build our understanding around what big data means, and this short report aims to inform decision makers in business and government about the opportunities and risks in this area.