IT Audit News

Double-digit Non-store Sales Growth Expected; Smartphones to Influence $36 Billion in Retail Store Sales

Double-digit Non-store Sales Growth Expected; Smartphones to Influence $36 Billion in Retail Store Sales

The economy’s health and the presidential election take center stage among consumers this fall, but with holiday shoppers waiting in the wings retailers should expect a modest increase in 2012 holiday sales, Deloitte forecast. “Economic headwinds nagging consumers this fall include stubbornly high gasoline prices that continue to creep up and soft housing and job [...]

Hackers Attacking PC’s While Still in Factory

Hackers Attacking PC’s While Still in Factory

Attacking PCs before they leave the factory has become the first step in new generation of hacktivism, according to consulting firm KPMG. KPMG raises red flag at recent news stories of PCs being infected with viruses by cyber criminals even before they leave the factory. More alarmingly, hackers step up targeting of Tablets and Smart-phones, [...]

iPhone 5′s Biggest Frustration: ‘Lack of NFC Chip for Mobile Payments’

iPhone 5′s Biggest Frustration: ‘Lack of NFC Chip for Mobile Payments’

Much to the disappointment of mobile payment proponents, Apple’s iPhone 5 has completely trashed the inclusion of near field communications (NFC) chip that would have turned the device into a digital wallet. Tudor Aw, KPMG’s European Head of Technology, described the latest generation of the device as rather “iterative development” than a “revolutionary” one. “Most [...]

Two-thirds of Companies Inadequately Testing Mobile Applications – Report

Two-thirds of Companies Inadequately Testing Mobile Applications – Report

Organizations are struggling to manage the challenges of the mobile era, with only a few currently testing their mobile applications, according to Capgemini. Where organizations are conducting mobile Quality Assurance (QA), they are primarily focused on performance (64 percent) and functionality (48 percent), with a mere 18 percent of organizations focusing on security. Even more [...]

RealPage: A Software Firm Riding the Rental Market

RealPage: A Software Firm Riding the Rental Market

Steve Winn pays close attention to trends in the rental market for a good reason: His firm, RealPage, makes a living helping manage it. RealPage ( RP ) is considered a top provider of cloud-based software products for multifamily rental housing. Its products and services are used by more than 8,200 property owners and managers for helping [...]

Netscout Scouts Out Mobile Network Connections

Netscout Scouts Out Mobile Network Connections

The battle for eyeballs, once played out on TV screens by the Big 3 networks, has shifted to smaller, more mobile devices. Among others, the players are AT&T ( T ),Verizon ( VZ ) andSprint Nextel ( S ), committing millions to infrastructure improvements and huge sums for TV ads to talk up their reliability and the other guy’s spotty reception. [...]

Growth of Digital Media Consumption Will Further Boost Internet Advertisers, Says KPMG

Growth of Digital Media Consumption Will Further Boost Internet Advertisers, Says KPMG

The 2012 London Olympics has been the first global mega-event demonstrating the opportunities and the growth potential of digital media and will give internet advertisers a further boost. Internet and digital has already become the fastest growing medium for advertisers worldwide and forecasts predict internet advertising to increase its share of the ad market from [...]

Independent Team Issues Review of ACC Privacy and Security

Independent Team Issues Review of ACC Privacy and Security

The Office of the Privacy Commissioner has issued yesterday a review of the privacy and security of information at the Accident Compensation Corporation (ACC) following a comprehensive review by an independent team. The team, comprising KPMG and Information Integrity Solutions Pty Limited, examined how a major data breach that compromised personal details of 6,748 ACC [...]

Recession Takes Toll on IT Spend

Recession Takes Toll on IT Spend

Global IT spend will reach $2.7 trillion by the end of 2012 to hit a 3.9 percent high over the previous twelve months, forecast showed. However, the increase falls short of earlier predictions as recession in many parts of the world is hitting technology budgets, making businesses across the globe tighten their belt. According to [...]

Despite Challenges, Mobile Telesystems Sees Growth

Despite Challenges, Mobile Telesystems Sees Growth

Spend a couple days following the goings-on at Russian telecomMobile Telesystems ( MBT ), and you’ll get a good education in government regulation and geography. Mobile Telesystems, or MTS, is Russia’s top mobile operator. It provides traditional landline, mobile and data services to customers in Russia, Ukraine and countries in Eastern Europe and Central Asia. [...]

Cloud-computing Demand Rises As Economy Bites

Cloud-computing Demand Rises As Economy Bites

Double-dip recession is forcing a growing number of businesses to turn to cloud-based solutions in their IT systems. According to KPMG’s latest Technology Issues Monitor, the dominant model in cloud computing is now ‘Software as a Service’ (SaaS) which provides businesses with on-demand software. SaaS requires no installation or program maintenance, nor licence fees. It [...]

Companies Focusing on Rising Legal Risks – Survey

Companies Focusing on Rising Legal Risks – Survey

U.S. directors and general counsel have expressed heightened concerns over escalating risk from cyber and IT security threats, operations and corporate reputation, survey showed. The 12th annual Law and the Boardroom Study by Corporate Board Member, an NYSE Euronext company, and FTI Consulting, Inc. reflected changes, such as globalization of U.S. businesses and increased online [...]

Global Organisations Unaware of Their Online Risk Exposure

Global Organisations Unaware of Their Online Risk Exposure

Many global organisations can do a lot more to protect their private data and reduce exposure to attacks by hackers, according to KPMG. Calling on organisations to arm themselves better so they can withstand online threats, KPMG’s observation comes as the consultancy publishes its ‘Cyber Vulnerability Index’ – a first-of-its-kind report assessing how businesses are [...]

Mobile Phone Access Reaches Three Quarters of Planet’s Population

Mobile Phone Access Reaches Three Quarters of Planet’s Population

Around three-quarters of the world’s inhabitants now have access to a mobile phone and the mobile communications story is moving to a new level, which is not so much about the phone but how it is used, says a new report released by the World Bank and infoDev, its technology entrepreneurship and innovation program. The [...]

IIA’s Latest GTAG Tackles Increasing Important Issue of Auditing IT Governance

IIA’s Latest GTAG Tackles Increasing Important Issue of Auditing IT Governance

GTAG 17: Auditing IT Governance provides internal auditors, in both the public and private sectors, with the knowledge necessary to fulfill their responsibilities in providing assurance and consulting services for IT governance. The guidance covers aspects of governance that should be in place to ensure IT supports the organization’s strategies and objectives, and discusses red flags [...]

IIA Releases Practice Guidance to Help Practitioners Tackle Privacy Issues

IIA Releases Practice Guidance to Help Practitioners Tackle Privacy Issues

Protecting personal information is a formidable risk management issue for organizations. The Institute of Internal Auditors has released a practice guide for practitioners to discuss privacy issues “in the world of global connectivity and information overload.” “As consumers, we want personal information protected. As organizations we want to meet stakeholder expectations, keep contractual agreements, and [...]

Malware Monday: Is Big Business Next?

Malware Monday: Is Big Business Next?

About 12 percent of all Fortune 500 companies and four percent of major U.S. federal agencies are still infected with DNSChanger malware, facing the risk of going offline today. Security group Internet Identity released an infographic last month detailing how DNSChanger has infiltrated Fortune 500 companies and major government organizations. Today, the FBI will follow [...]

12% of Fortune 500 Firms Under Threat of DNSChanger

12% of Fortune 500 Firms Under Threat of DNSChanger

DNSChanger, a software developed by Estonian hackers, is threatening to shut out some 12 percent of Fortune 500 companies from the internet today, according to a security vendor. “Hundreds of thousands of computer users are going to learn the hard way that failing to keep a clean machine comes with consequences,” says Brian Krebs on [...]

Robust Data Key to Public Service Delivery – KPMG

Robust Data Key to Public Service Delivery – KPMG

“An abundance of data and computing power gives the public sector new ways to organise, learn and innovate,” says Policy Exchange in a report. The report explores how the public sector could make better use of big data and analytics to boost efficiency, reduce waste and improve public service delivery. Policy Exchange sets three objectives: [...]

Social Media Now a ‘High Risk’ – Survey

Social Media Now a ‘High Risk’ – Survey

A new Deloitte and Forbes Insights survey has revealed that more than one in four (27 percent) predicted that risks posed by social media would play an increasingly important role. The survey showed that fewer than 25 percent of executives report that their organizations continuously monitor risk. While the majority of respondents anticipated that the [...]

WpAdvanced Newspaper , Love , Health care , Dating , Personal finance , Hotels , Travel