Insights

In today’s digital world, cyber resilience is critical for all organisations, regardless of size.

Digitalisation and the increasing networking of business processes make companies more vulnerable today than ever before.

SAP transformations can be complex, risky and often present unexpected challenges for organisations. A lack of strategy, limited resources, dependence on implementation partners and unclear architecture decisions often lead to delays and risks.

Advancing digitalisation has led to companies increasingly moving applications to the cloud, which entails risks. Auditing a cloud-based IT environment is a specialised task that requires technical knowledge and experience.

FINMA Circular 2023/1 “Operational risks and resilience – banks” comes into force on 1 January 2024. When the revised FINMA Circular comes into force, significant adjustments will be made in the areas of information and communication technology (ICT) risk management and critical data risk management. New requirements for ensuring operational resilience must also be observed. What are the most important aspects of the circular and what significance does it have for FinIA institutions?

The new Federal Act on Data Protection (nFADP) and the corresponding ordinance will come into force in Switzerland on 1 September 2023. All companies that process personal data which affects natural persons in Switzerland fall within the scope of the law and are equally affected. Regardless of the industry in which you operate and regardless of the size of your company, you must comply with the new legal requirements.

For many companies in our region, having enough in-house IT experts to provide sufficient protection against cyberattacks is a huge challenge. In this article, Christopher Oehri explains why having the right IT security partner is so important, and how Grant Thornton can help you find the right solution for your company.

Most members of board of directors and of management boards will now be aware of the need to take cyber risks into consideration in any analysis on company level. This applies to companies in the healthcare sector this year in particular due to the global pandemic. For these and other companies, we have developed a self-assessment tool which enables you to assess your cyber risks in less than five minutes.