Exceptions relating to segregation of duties (SoD) are very common for organizations that operate with lean staffing models. Are there other potential approaches, beyond adding headcount, to address the risks posed by…
For many businesses, invoicing presents a variety of challenges. Paper or e-mail based invoicing is often performed manually, which can be costly, inefficient and prone to error and/or fraud. Organizations that have adopted electronic invoicing systems may have developed their own vendor and…
Performing manual processes can seem like constantly rolling a boulder uphill. In addition to internal policies and procedures for operational efficiencies, organizations may be required to generate, review, reconcile, approve, and submit reports to conform to an alphabet soup of state, federal…
As the lifeblood of our consumer-driven economy, payments are fundamental to the business-as-usual fuel that propels us from day to day, one reporting quarter at a time. And as technologies have evolved, so too have the…
Enacted in 2002 to address several headline-grabbing corporate meltdowns and scandals at the turn of the millennium, the Sarbanes-Oxley Act (SOX) dramatically lessened the chance for undetected corporate malfeasance by…
What’s Inside
In a world where data breaches are a question of when, not if, getting cyber insurance seems mandatory. At the same time — and for the same reasons — insurers are raising the bar to get this insurance and adding
Published by Cyber Defense Magazine, Partner IT Advisory Services, Trip Hillman, shares his thoughts on the Cyber Incident Reporting Act of 2022 and mandates within the law that require covered entities to inform the Cybersecurity and…
Several themes were prevalent across industries and regulatory bodies in Weaver’s September 22, 2022 Accounting and SEC Update. The focus was on improving data quality and comparability, communication, transparency, responses to inflation, cybersecurity threats, and ESG (Environmental, Social,…
What’s Inside
Although every merger & acquisition (M&A) transaction involves some level of due diligence related to finances, legal issues and customer service, IT and cybersecurity due diligence are often overlooked or discounted.
This is a missed opportunity for the
Key Points:
PCI DSS mitigates the risk of fraud and protects cardholder data The PCI DSS 4.0 customized approach is for risk-mature organizations Version 4.0 came out this past March, but the new standards do not take effect until March 31, 2024
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