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Technology Risk

Seeing the bigger picture

‘Could this happen to us?’ is fast becoming a familiar question posed to Heads of Risk and Security in boardrooms across the country. Heavily publicised failures are a stark reminder of the reputational and financial damage that can ensue.

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Heightened regulator focus, coupled with unprecedented executive attention, have created a challenging environment for the Risk function. Not being able to view a complete picture of their risk landscape is one of the key challenges. 

Being aware and in control

Having a clear process to identify and understand IT risks allows organisations to address the risks associated with business change and the live environment ahead of impact.


Having the right tools for the job

Using a centralised global risk and control repository embedded into the first line of control places responsibility where it belongs.


Having reliable information at your fingertips

Accessing up-to-date and accurate management information is crucial for proactive and consistent risk identification and reporting.

Technology risk continues to evolve with threats becoming ever more sophisticated and difficult to mitigate against. This, in addition to the ever increasing regulatory focus means the role of  Risk functions within organisations is evolving rapidly, with ever more expectation on the assurances and services they provide.

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Our thinking

Government response: Restoring Trust in Audit and Corporate Governance | Deloitte UK

Today the Department of Business, Energy & Industrial Strategy (BEIS) has issued the Government’s response to last year’s White Paper ‘Restoring trust in audit and corporate governance’. This summarises the feedback that BEIS received from stakeholders on the White Paper and sets out the measures it intends to progress with.
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Cyber risk and governance reporting in the UK | Deloitte UK

With oversight of technological capability, opportunity and risk critical to company success, regulators are increasingly focused on how companies report cyber risk and breaches in security.
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Agent-based modelling for central counterparty clearing risk | Deloitte UK

This paper is intended as a contribution to the debate around how to strengthen risk management processes at CCPs.
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Deloitte’s response to the BEIS consultation on audit and corporate governance reform | Deloitte UK

In March 2021, the Department for Business, Energy and Industrial Strategy’s (BEIS) launched its consultation on “Restoring trust in audit and corporate governance”. Here Deloitte sets out its response to the White Paper, as submitted to BEIS on 8 July 2021
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