Organizations- and their Technology and Cyber Risk Management (TCRM) functions- are being buffeted by changing dynamics bringing ever-increasing risks: mounting regulatory pressures, innovative new technology, an evolving workforce in need of new skills, and organizational shifts that create cyber and information security challenges.
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Every Year Technologists, security professionals, and risk managers comment extensively “unprecedented” level of change we have or will experience as we move from year to year. In fact, change- and the proliferation of new threats- has become the only constant we can expect.
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This paper complements PwC’s Project Blue1 and the PwC Megatrends framework2, which examines the forces that are disrupting the role, structure, and competitive environment for financial institutions and the markets and societies in which they operate.
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“The only constant is Change” The concept embodied in this phrase, credited to the Greek philosopher Heraclitus, has been particulary prelavent to many organizations’ strategy of creating an adaptable business model, i.e. a model that allows businesses to adapt to ever-changing circumstances and stay ahead of the competition.
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- This Week In Consulting: What is digital distruption for Corporate Finance?by Hélène Laffitte on October 21, 2020 at 6:12 am
This Week in Consulting - Curated News on the Consulting Industry published every Wednesday brought to you by Consulting Quest. This week,October 21th ,2020, […]