Posts From Ken Lynch

Using Big Data & AI for Compliance

The compliance landscape is highly dynamic. Every industry, from banking to healthcare, is organized by at least one regulatory body. Be it HIPAA or PCI DSS; businesses are legally mandated to comply with a range of regulations. The multiplicity of

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Making Customer Data An Asset Instead Of A Liability

Businesses collect tons of personal data and payment information from clients. With the global volume of digital data set to grow in the future, companies need to rethink their approach to customer data. If you are an entrepreneur, you need

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The Role of Big Data In Auditing and Analytics

Big data is the new wave that’s taking over company operations by storm. Businesses that are able to leverage the volume, variety and velocity of big data can make better decisions, reduce operational costs, and keep up with evolving customer

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How Big Data Is Important For Compliance

The majority of businesses are receiving voluminous data, which leads to management challenges. While your organization can leverage the big data to obtain a competitive edge in your industry, its analytics becomes a challenge due to its increased regulation. This

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Using Big Data to Assess Risks

73% of businesses aren’t prepared enough to face a data breach. While some businesses do not have the tools to help mitigate such risks, others simply ignore the risk. What some might not completely understand is that the power to

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What To Know About User Behavior Analysis

Over the last few years, significant strides have been made in artificial intelligence (AI). Businesses, both big and small, are finally finding value in the data at their disposal. Big data is no longer a buzzword but a critical tool

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Using Data to Assess Risk

Following a data-driven approach is the best way of running a successful business. Data collection and analysis applies to many different areas- from understanding customer trends to reducing operational costs. But data also applies to risk management. By using analytics

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Vendor Risk Management: What is it?

In today’s business world, companies rely on third-party vendors for many different services. Such vendors may provide cloud-based software, infrastructure, and operational support daily. Third party vendors enable your company to save on costs, increase efficiency, and achieve growth. However,

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Data Analytics Strategy for Internal Audits

Are you an evolver, a follower, or an observer? Well, the influential audit firm, Price-Waterhouse Cooper (PWC), shed some light on the difference between the three in its 2018 “State of the Internal Audit Profession Study”. Let’s look at the

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Securing the Cloud

The adoption of cloud storage has become all the rage among enterprises around the world due to its accessibility, scalability, and decreased IT overhead. However, cloud storage security has now become a top concern for organizations despite its convenience and

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