With the publication of the EU’s General Data Protection Regulation (GDPR), organizations began assessing the regulation’s impact. When it comes to evaluating personal data, enterprises tend to focus on customer data. But what about employee data?
Gone are the days when tax advice was a secret science limited to preparing written submissions and obtaining rulings. Modern tax advisory services increasingly draw on IT, with the use of software solutions gradually becoming the norm. Tax goes IT, so to speak.
The revision of the FINMA Operational Risk Circular 2008/21 will bindingly and explicitly include Cyber Risk in the IT operational risks for banks. Beyond the regulatory requirements for banks, which position shall be adopted when facing Cyber Risks?