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Chief Financial Officers (CFOs) of high-growth technology companies met virtually to share leading practices, discuss and exchange learnings on challenges, industry trends and topics of mutual interest. The agenda for this small-group meeting, conducted under Chatham House Rule, was created through a series of pre-interviews. Comments from participating CFOs are summarised below.
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Why technology companies should care about the EU’s Digital Services Act
A new and dramatic approach to regulating big technology firms is coming into force across the European Union. The Digital Services Act (DSA), which the European Council signed into law on September 15, 2022, aims to protect the digital space against the spread of illegal content, particularly on social networks, content…
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Late last month, DeepSeek, the China-based AI startup, sent shockwaves worldwide when it released its latest model, DeepSeek R1, which it says rivals ChatGPT’s capabilities. OpenAI’s o1 model was released on Sept. 12, 2024, roughly four months ahead of DeepSeek’s R1 model release in January.
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This blog post was authored by Kaitlin Kirkham-Cooper, Managing Director and Karter Klumpyan, Director Risk and Compliance on The Protiviti View.Time is running short for technology companies, particularly those providing hosting services, large online platforms and search engines, to comply with the European Union’s Digital Services Act (DSA). The law aims to protect the digital space, creating…
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Big Tech’s “big” problem
How big is Big Tech? There is little doubt that the big five technology companies (i.e., Apple, Microsoft, Google, Amazon and Facebook) are operating in a completely different stratosphere. As one recent New York Times blog described it, “America’s tech titans have formed a separate universe in which they are the sun, and everyone else — billions of humans, other…
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Introduction
Most technology companies today understand that ensuring data privacy and protection is an imperative for their business; however, few manage this process well or even invest enough resources in that effort. As governments and consumers around the world continue to raise their expectations of how technology businesses should handle and process private and sensitive data,…
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As the world advances into a more digitised and connected future, what can be learned from organisations that are successfully deploying 5G technology to enable business processes and efficiency. Where is 5G making the biggest difference in the real world?
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This article will address the changes and updates to ISO 27001 standard published on October 25, 2022, and the approaches organisations can take to implement the changes introduced. There have been significant advancements in technology, as well as an increase in the complexity of security threats since the last iteration of ISO 27001 was published on September 25, 2013. The changes introduced in…
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An unprecedented wave of sanctions and export controls against Russia, and to a lesser extent Belarus, requires financial institutions from the West and other allied countries to take immediate steps to understand the impact of the complex requirements and ensure compliance.
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The range of uncertainties facing energy and utilities business leaders around the globe is overwhelming. Challenges triggered by a once-in-a-century pandemic continue to unfold, combined with numerous other risk issues, such as growing social unrest and polarisation, and ever-present challenges associated with technology, digital transformation and innovation. Staying abreast of emerging risk…
