Internal audit is grappling with the whirlwind of technological change—everything from blockchain to artificial intelligence to digital transformation. What use is internal audit in an age of such revolution? It turns out, a lot.
Equifax became the poster child for cybersecurity disasters when hackers breached its systems in 2017, exposing the Social Security numbers of 146 million people, about half the U.S. population. Not only did its CEO and senior executives lose their jobs, the company paid a settlement with multiple agencies as high as $700 million.
Kison Patel, the CEO of software company DealRoom, remembers working for a private equity firm trying to do a deal not long ago. His firm bombarded the target company with requests for information — including repetitive requests for the same information, often in Excel spreadsheets. Eventually, the seller got fed up and walked away.
December 17, 2019 Cyber
Artificial intelligence and big data offer some of the most exciting prospects for medicine. But making good use of the data is another story.
It might seem odd that California passed the nation’s most sweeping data privacy legislation—the state is home to many companies in the tech industry, including heavyweights Facebook and Alphabet’s Google. But it turns out, Facebook and Google aren’t complaining.
The potential uses of data are exploding. But so are the regulations to keep that in check.
As diverse businesses from Overstock.com to Google’s parent company Alphabet increasingly use and express growing interest in using virtual currencies, the legal and regulatory landscape for those currencies has become increasingly complex. We provide this overview of the regulatory landscape to alert companies to the legal implications of venturing into this uncertain terrain.
European Union regulators have shown they are serious when it comes to fining global technology companies. They have enacted massive fines against the chipmaker Qualcomm, Google and others in recent years. But is the EU’s reputation of cracking down on tech companies justified?
Barneys New York and other retailers have struggled in the age of the internet. But what if they had radically changed instead of continuing with business as usual?
It can be challenging to be a CISO, or chief information security officer. Few people inside the organization understand what they do, but still place an enormous amount of pressure on them to safeguard the organization.