The headlines are full of data breaches. A report in October from the UK National Cyber Security Centre revealed that the GCHQ offshoot had stopped almost 1,200 attacks in the past two years and is fighting off around 10 attacks every week. These numbers don’t account for the many more cyber attacks targeting private companies and their … More Mitigating Third-party Cyber Risks in a New Regulatory Environment
Competition law implications for Technology Media and Telecommunications When it comes to convergence, TMT companies are relentlessly driving disruption, even as that same force ceaselessly reshapes them. Their market boundaries continually dissolve, reform and dissolve again. Content distributors are transforming into content producers, and vice versa; service providers are becoming tech companies; and technology companies … More Converge or conglomerate
This special e-commerce edition is in response to many readers’ requests after our special second edition on blockchain and cryptocurrency. In this issue we explore several of the e-commerce related developments in a number of the countries across the Asia-Pacific. Given the importance of e-commerce and the digital marketplace today, we are finally seeing a number … More EY Asia-Pacific Digital Law Newsletter
Whistle-blowing and Ethics 2018 Compliance and transparency are of paramount importance today. For this reason, whistle-blowing laws are being enacted to encourage employees to come forward without fear of reprisals. While these rules safeguard employee interests, multi-national companies are facing increasing challenges relating to whistle-blowing, ethics and retaliation claims. Knowing how to appropriately anticipate and manage these … More Global Labor and Employment Law strategic topics
For most of the previous century, the value of a business was determined in large part by its tangible assets, but in the current digital era, tangible assets comprise less of a company’s value than they once did. This changing shape of business value has created clear problems for our economy – because the more … More Long-term value drivers and company performance
As technology transforms risk management, financial institutions face both opportunities and threats. Digital processes have the potential to make compliance more effective and efficient but, for many organizations, major technology improvements are stymied by cost and talent constraints. The use of compliance-led shared services models is helping overcome these issues, but a series of major … More Technology transforms risk management for financial institutions
EY defines specialty finance as any financing activity that takes place outside of the traditional banking system. Our analysis focuses on two distinct subsectors: consumer finance and commercial finance. Specialty finance remains an active market for M&A with both private equity (PE) and strategic acquirers attracted to high-yield opportunities across the sector. Although high valuations … More Why Specialty Finance M&A Continues to Thrive
Is cybersecurity about more than protection? More than two decades after EY began researching organizations’ awareness of the growing cybersecurity threat — and their response — the need to engage with this issue from board level down is more pressing than ever. Attacks continue to grow in both number and sophistication. The range of bad … More EY Global Information Security Survey 2018–19
With the World Economic Forum rating a large-scale cybersecurity breach as one of the five most serious risks facing the world today, the information security (infosec) market has been evolving rapidly as threats have proliferated. With its rise as a boardroom topic and an explosion of vendors serving the market, the infosec landscape has become more complex … More Can You Do More With Less Information Security Vendors?
Today’s rapid pace of technological innovation is impacting business models and processes. Traditional means of assurance – such as corporate governance, board meetings, financial statements, internal and external audits – will need to take into account new factors to remain relevant and build confidence among stakeholders. Legal and regulatory frameworks haven’t kept pace with digital … More How Can You Build Trust When Emerging Technologies Bring New Risks?