Key Points:
The U.S. tax treatment of classifying all digital assets as one broad category of property needs to be reworked to encompass different asset types. The documentation and tracking of basis, FMV, and taxable events is cumbersome and complex. CoinTracker…
If your organization has decided to hire an outsourced cloud monitoring service, it is important to consider how you will ensure that the services are delivered in the right way. The key to long-term success is establishing an oversight system early on and maintaining it for the duration of the…
This post is part of our continuing series, Your Guide to a Successful Digital Transformation.
Once you have considered how your organization’s culture plays into the digital transformation journey, the next step is to take stock of the resources and systems in your organization. As you…
Most organizations and industries now use cloud service providers, or CSPs, to host systems and services. This may take the form of IaaS, PaaS, or SaaS (see box), depending on the needs of the business. As part of their service agreements, CSPs are typically required to submit third-party…
Key Points:
Financial advisors need to gain a strong understanding of the cryptoasset industry and how it affects the financial services industry. Decentralized finance (DeFi) has the potential to disintermediate and reconstruct how individuals transact with each…
Cybersecurity agencies from the US, Australia, Canada, New Zealand, and the United Kingdom recently released a joint international advisory warning that the Russian government is exploring options for cyberattacks. With these heightened concerns, every company needs to be vigilant to protect…
This post is part of our continuing series, Your Guide to a Successful Digital Transformation.
Culture drives success more than any other factor. Without a culture that encourages innovation, collaboration, and a freedom to fail, programs can often become limited to only specific…
The Payment Card Industry's (PCI) Data Security Standard (DSS) 4.0 has been published on the Security Standards Council website. For many, the update could not have come soon enough. Over the last several years, merchants, service providers, and assessors alike have faced increasing challenges…
This post is part of our continuing series, Your Guide to a Successful Digital Transformation.
For some organizations, the process of digital transformation may be ongoing or even complete, while others may be considering first steps. It is a multi-faceted journey, and the goals will…
As technology continues to generate massive changes in the way the world does business, organizations of every size are enhancing their effectiveness by leveraging technology solutions. We refer to it as Digital Transformation, but it’s also known as IT Modernization, Process Automation, or…
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