Technology, Media & Telecommunications
Against the backdrop of challenging economic times and the demands of digital transformation, the Technology, Media & Telecommunications sector faces a complex landscape of challenges.
For example, Privacy and Data Protection issues present a growing challenge to TMT organizations as they must interpret and comply with complex and diverse international laws and regulations on how they handle personal information. Customer and employee concerns over personal information have increased the reputational, regulatory and operational impact of a breach.
TMT organizations are also often reliant on third parties to bring cost savings, improved agility and a high quality of service to their customers. As a result, sensitive information and resources become shared and held externally. The organization must rely on the controls of the third party in order to protect these assets; however a large number of publicly reported breaches have involved subcontractor losing sensitive data.
Relevant ERS propositions for the TMT industry
- Media Measurement & Advertising Assurance
- Software License Compliance
- Revenue, Rights & Royalties Assurance
- Cyber Security
- Cloud Assurance
- Due Diligence of Online Business Models
- Risk based scenario planning
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