James Bone

Just as companies were beginning to recover from the biggest financial collapse since the Great Depression, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act last July.  Dodd-Frank creates new regulators, provides existing regulators with new rulemaking and enforcement powers, and creates a host of new regulatory hoops for companies […]

Every year, companies invest millions of dollars on large-scale IT projects that are technically correct, yet still fail to deliver promised results. Sometimes these large projects fail because nobody could clearly articulate what a successful outcome would look like in the first place. Without doubt, IT auditors and risk managers need a better approach that […]

In case you’ve been living under a rock the last few quarters, here’s a quick update: all the hip, in-the-know business leaders are focusing these days on how to understand and manage risks more effectively. At a conference I recently attended, several senior executives stated that prior to the financial crisis of 2008, their firms […]

The popularity and proliferation of governance, risk, and compliance systems has grown over the years as regulatory requirements have become more complex. So it’s little wonder that IT, risk, and compliance professionals have sought ways to make their lives less complex. After all, who wouldn’t want some form of automated process that delivers real-time data […]