Keyword
compliance
Canadian business executives report not doing enough to protect data, security concern over migrating to the cloud persists: Microsoft Canada
October 31, 2016 by Angela StelmakowichSkepticism over security when migrating to the cloud was voiced by almost six in 10 Canadian senior-level business leaders taking part in a Microsoft Canada Inc. survey. In all, 58% of the 711 respondents from the private and public sectors…
Global banking, financial services and insurance security market to grow to US$48.95 billion by 2021: report
September 9, 2016 by Canadian UnderwriterThe global banking, financial services and insurance (BFSI) security market is estimated to grow to nearly US$50 billion by 2021, driven by regulatory, security and cyber factors. Market research firm MarketsandMarkets said in a report released Thursday that the BFSI…
Economic crime in global financial services sector has increased, despite compliance investments: PwC
July 27, 2016 by Canadian UnderwriterDespite “significantly increasing investment in compliance and being continuously under the scrutiny of regulators,” economic crime in the global financial services sector has increased slightly, showing new thinking is needed to make investment in compliance deliver more value and tackle…
Calculated Risk
July 3, 2016 Kristy Carscallen, Canadian Managing Partner, Audit, KPMG in CanadaAudit committees need to remain “up to speed” as disruption sparks the next generation of corporate risks. There is a definite need to understand and act on a widening universe of strategic, financial, business, operational and reputational risks.
U.S. executives struggling to measure and mitigate strategic risks: survey
June 21, 2016 by Canadian UnderwriterNearly two-thirds (64%) of executives in the United States see strategic risk as a “highly significant threat” to their organizations compared to other types of risk – including compliance, operational and financial – according to a new survey from independent…
Quebec financial services regulator urges caution over peer-to-peer risk sharing platforms
April 20, 2016 by Canadian UnderwriterQuebec’s financial services regulator is urging caution following the “recent emergence of peer-to-peer risk sharing platforms.” The Autorité des marchés financiers (AMF) said in a press release on Tuesday that it has noticed that companies are offering consumers platforms where…