Audit & Governance Careers Advice - January 2023
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Posted on Tuesday, January 31, 2023 by CareersinCyber.com — No comments
Published: 31 Jan 2023 From fingerprints to firewalls, the application of science to criminal and civil laws has evolved to include the recovery and investigation of material found on digital devices. Known as Digital Forensics, this branch of forensic science focuses on identifying, acquiring, processing, analysing, and reporting on data related to cybercrime. Amid an explosion in cyberattacks ...
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Posted on Friday, January 27, 2023 by CareersinAudit.com — No comments
What will be the talent hotspots in data analytics in 2023? Here are three trends that we’ve identified in the business use of data and analytics that are likely to grow in momentum over the coming 12 months, shaping the skillsets sought by employers. 1. The use of data and analytics permeates an ever-wider scope of business functions Marketing and Risk have historically made the most use of data ...
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Posted on Friday, January 27, 2023 by CareersinCyber.com — No comments
Published: 27 Jan 2023 Cybercriminals are an opportunistic bunch. Their determination to exploit new and existing vulnerabilities in the IT infrastructure has given rise to the world's biggest criminal growth industry – it’s estimated that the cost of global cybercrime will reach $10.5 trillion annually by 2025, up from $3 trillion in 2015. When they’re not tweaking existing attacks to avoid ...
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Posted on Wednesday, January 25, 2023 by CareersinAudit.com — No comments
Without risk, there is no reward in the uncertain world of business. This symptom of generating a profit is typically divided into numerous categories to help us understand and manage it – from competitive and compliance to credit and currency. But if we view these risks in their rudimentary form, we can distil them into two distinct types: financial risks and everything else (non-financial ...
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Posted on Wednesday, January 25, 2023 by CareersinAudit.com — No comments
As last year’s geopolitical shocks showed, forecasts can quickly change due to unforeseen events. However, some clear industry trends for 2023 are emerging, and we can start to make some confident predictions about the likely challenges and opportunities for compliance departments in the year ahead. Cryptocurrency As cryptocurrency becomes more widely used and embedded in the financial system, ...
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Posted on Monday, January 23, 2023 by CareersinAudit.com — No comments
Who cares wins in the modern corporate battlefield, where it is no longer enough for businesses to report on financial metrics alone. Today’s ethically conscious society demands a fresh corporate philosophy that drives sustainable growth and future-proofs against the risks of climate change. This clamour for products and services that put people and the planet ahead of profits has prompted a ...
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Posted on Monday, January 23, 2023 by CareersinAudit.com — No comments
In a financial services company, the compliance department ensures that business is conducted in line with all relevant laws and regulations. This activity is essential to safeguard corporate reputation, and to protect customers from financial crimes like fraud. Examples of financial services regulations include anti-money laundering and data protection, while a host of legislation exists to ...
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Posted on Monday, January 23, 2023 by CareersinAudit.com — No comments
Internal auditors play a key role in building resilient companies that are better able to manage risk and withstand external shocks. After the turbulence of the last few years, internal audit is very much in the spotlight, and teams around the world face continued challenges in the form of regulatory changes and further geopolitical uncertainty. As internal audit professionals gear up for the ...
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Posted on Monday, January 23, 2023 by CareersinAudit.com — No comments
What will be the talent hotspots in Risk and Compliance in 2023? Reliable crystal balls are few and far between so rather than roll the dice we’ve taken a look at some of the trends that are already unfolding and that will continue to be factors through 2023 and – based on these – have identified four Risk and Compliance skillsets that we think are likely to be in high demand over the coming ...
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Posted on Friday, January 20, 2023 by CareersinAudit.com — No comments
One of the hottest trending sustainability buzzwords, ESG stands for Environmental, Social and Governance . The phrase emerged from an environmental initiative at the United Nations and now refers to a set of standards used to measure how companies manage risks and opportunities related to these criteria. The three pillars in ESG represent the areas that companies are expected to report in: ...
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Posted on Friday, January 20, 2023 by CareersinAudit.com — No comments
Clarity and precision are highly prized in the world of compliance. You can therefore quite reasonably be forgiven for thinking that a Money Laundering Reporting Officer (MLRO) is no more than that – someone who reports suspicions or instances of money laundering within an institution. Whilst this is indeed one of the core responsibilities the role is much broader and is of such weight that the ...