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The volume and complexity of the data companies collect is increasing exponentially, which creates major challenges for audit professionals.

When we surveyed hundreds of risk professionals, a staggering 72% considered their company to be most vulnerable in cybersecurity. So, it’s no surprise that auditors are frustrated evaluating the effectiveness of cybersecurity programs across industries when their mandate is entirely about assurance.

However, assurance in-and-of-itself is no small task. Given

This McKinsey article titled The expanding role of design in creating an end-to-end customer experience got me thinking. Dangerous I know, nevertheless this is what I came up with. 

I recently blogged about Leading through Complexity and spoke of the need for leaders to add to their business acumen with scientific method and a vivid imagination. With every second person talking about big data I thought it worthwhile applying this thinking to the world of data and I came up with Data by Design. 

Da

When asked the question “do you believe that AI is transforming the insurance industry”, 94% of respondents to a 2018 study by Insurance Nexus, agreed that this is the case. Accordingly, the same survey concluded that 75% of European insurance carriers are currently investing in AI, with 64% of their Canadian counterparts the same. In respect of carriers’ drive to effectively utilize AI, Insurance Nexus are holding a webinar on Wednesday, November 14^th; “Turbocharge Tech Transformation: Integrat

You have probably heard that it’s important to be prepared for a disaster. You might have a first aid kit set aside, food and water, or a battery-operated radio. But, are you financially prepared?

Creating an Emergency Fund

It might be tough but try to set aside some money a little at a time. Even if you can put $10 a week in an envelope, it’s better than nothing. Saving change can really add up quickly, too. Keeping a credit card available is also a good idea, but remember…in a disaster situation

Running a company together is in no way an easy task, Going through all the legal procedures like Company Registration getting Import-Export License and Trademark Filing etc. along with managing logistics can be a very challenging task. In a way, you can say it is the marriage of the business world. So like a marriage, it is vital to keep both parties happy in order for the relationship or the business to prosper. However, no relationship whether it's a marriage or a business is free from hiccup

Every actor has a shelf life; several stars that became superstars and reined the hearts of millions fade away into oblivion as time passes.

Stardom is temporary, and so is their career as an actor. The immense success they get and the wave of popularity they generate are used by brands and companies to pitch their products to the public.

These companies use their names to boost their sales and make a considerable chunk of profit using their names. Once these actors turn old and become irrelevant,

PHILOSOPHY MEETS PERFORMANCE

Thursday, November 8

Unless you have a systematic approach that addresses, monitors and effectively mitigates potential ethics violations, the values and philosophies you communicate across your organization mean very little.

This year’s Ethics & Compliance Virtual Conference focuses on putting the ideals of ethics and compliance into practice. Find out how your program should perform through regulatory scrutiny, leadership influence and program enhancements, then

LONDON, UK: Insurance Nexus are developing a comprehensive report into the state of play of connected claims and the technologies currently transforming the insurance business. As a precursor to this, they are holding a survey of global insurance professionals to gauge their thoughts, opinions and predictions on the current state of the industry.

The report will contain full statistics from the survey, as well as exclusive business cases exploring computer vision, straight-through-processing and

Your choice should be wise while choosing your business category whether Proprietorship, a Partnership or a corporation. Every kind of activity you are engaged in have some specific advantages and disadvantages. Your home-based business involves choosing the legal structure such as Sole proprietorship, Partnership or Corporation. Apart from the government reporting and tax purposes, choosing a business wisely can enable your business to operate more efficiently. As each legal firm has its own un

Bedtime data stories are telling stories about data with data.

Have you ever asked yourself, “Why bedtime stories?”. Maybe you grew up with them and you have kept up the tradition. Maybe you understand they are good for your child’s development, in particular their vocabulary, comprehension and the development of their creative brains. If so, you would be right as evidenced in this research published in the journal Pediatrics.

However, there is more to it than their personal development. You are a

Lois Riess is a woman from Minnesota who police say shot her husband, went on the run, and then killed a woman in order to take on her identity. Here are some shocking facts about her:

Riess Looked Like her Victim

The woman Lois Riess killed, Pamela Hutchinson, looked like her. This is why Pamela lost her life. When the body was found, police said her ID, credit cards, cash, and car was gone. Police put out an arrest warrant for Riess, and then started hunting for her. Police say the women did not

Of course, we all wait eagerly for the budget every year. Most of the time it brings a big smile to our face or sometimes it takes our anxieties to the toughest level. Some new laws have been introduced in the last year budget. Section 194-IB is the example of such debutante. Earlier, there was only one section that has brought the rent under the umbrella of TDS and it was section 194-I. Now, the most wondering thing is why would section 194-IB brought in when section 194-I was already there. Th

via Uncertainty

Have you ever experienced uncertainty? I think most of us have, except those lucky souls who can control/manage future through quantifying mathematical equations, generally referred as risk managers. Uncertainty is a state of being unpredictable, volatile, stressful, random, disorderly, unstable, summing up into everything which moves us away from our comfortable state of thinking linearly. It’s not just absurd, but devastating to think you can predict events using perfect market

One of the biggest companies in the world, Proctor & Gamble, thought that they could trademark common millennial internet lingoes such as LOL, WTF, and FML. Apparently, the brand thought this would help attract young customers and help the brand restore its lost market share. As bizarre as the marketing strategy sounds, it’s a debate for another day. However, this does raise an interesting question of whether brands can trademark commonly used phrases and words.

Does Apple ring a bell? The techno

Have you ever used Facebook to sign onto another site? Many of us do this pretty blindly simply because it is very convenient. But, this convenience could come at a cost.

You know the drill. You go to a website and it says “Log In With Facebook.” or Google. Usually, it just takes a couple of clicks and no logging in with other usernames or passwords. However, when you do this, Facebook essentially becomes your online identity. This means that anyone who knows these credentials have access to your

Those of you that know your maths know that an S-Curve can have an exponential portion to its curve but it can’t BE an exponential curve. However, I recently came across a diagram showing a series of S-curves overlaying an exponential curve which to me portrayed something very different to seeing either in isolation. It was in this post by Tim Urban The AI Revolution: The Road to Superintelligence.

CHICAGO: After receiving an unprecedented number of nominations from across the insurance industry, the finalists of the Insurance Innovation Awards 2018 have been revealed, Insurance Nexus have announced.

As recent research conducted by Insurance Nexus demonstrates, insurance is undergoing dramatic and industry-wide transformation. 96% of the (over 500) senior executives interviewed agreed with the statement that “carriers must transform their operations significantly to meet the needs of custo

Fall from Grace

In case no one noticed, Stock markets in India have been painted red with the incessant bleeding of the Indian Rupee. Latest figures show the Rupee plummeting to new lows every hour with the latest being at Rs. 72.97 for 1 dollar, the Indian currency has been labeled the worst performing of all Asian countries. Gas prices have been skyrocketing with 82 Rs. for 1 liter of gasoline which has also contributed to the near 'crash ' that the currency is facing. We didn't even notice the

You have a mobile phone, you might think it’s pretty safe, but what you might not realize is that these devices can have spyware on them. Keep in mind, many of the “signs” listed below are everyday normal phone behaviors. But combined, might mean spyware. Here are some of the signs:

Unusual Background Noise

While common, humming, static, or other weird noises could be a sign that someone is tapping your line. Though all phones might have strange noises from time to time, you should check if there