Cost of poor cyber

Cyber update – FCA fine Tesco Bank £16.4m

FCA fine Tesco Bank £16.4m – The cost of an inadequate Cyber breach response plan is significant In November 2017, we wrote some thoughts in the aftermath of the Tesco Bank cyber attack. Just over a week ago, so it became clear what the attack cost the bank; a £16.4m fine imposed by the FCA […]

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Financial Reporting Council proposals to boost worker representation

Board Matters International have contributed to an article commenting on the Financial Reporting Council proposals designed to promote better governance through worker representation at executive and / or board level. The article, published by Thomson Reuters Regulatory Intelligence, is reproduced on this site with kind permission of it’s author and is available here. For specific […]

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Q&A

Accountancy Ireland Q&A with Eamonn Quinn

Eamonn Quinn, Senior Partner, Board Matters International, takes part in a Q&A for Chartered Accountants Ireland. Published in “Briefly – Accountancy Ireland”, Eamonn talks about some current themes and their impact on company directors. Topics covered include planning for Brexit, cybersecurity, what makes an effective board and the rise of non-executive director appointments by Northern Ireland SME’s. For more […]

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UK Corporate Governance Reform

UK Governance reform should have legislative backing

On 29 November 2016, the UK government published its long awaited Green Paper on Corporate Governance Reform with significant publicity. Corporate Governance is back on the UK political agenda. The Crown realise that potentially poor corporate behaviour costs the innocent bystander real money. Consequently, the UK government acts as it feels the rising tide of public discontent; […]

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Cyber business

The Moral of Tesco Bank – Understanding Cyber is key

THE MORAL OF TESCO BANK UNDERSTANDING OF AND APPROPRIATE RESPONSE TO THE MODERN CUSTOMER NEED IS ESSENTIAL  How digital engagement and cyber security overcome disenfranchisement New challenger online banks have had few reputational issues. Mostly not associated with the 2008 financial crash; they have benefited from enlightened regulation and a modern approach towards mobile, digital […]

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governance value

Counting the Cost of Poor Corporate Governance

Read All About It – Counting the cost of poor corporate governance What does 8.5% look like on a balance sheet or a valuation? Basically, it’s headline news. Post Brexit, Sterling plunged 8% against the euro and 13% against the dollar, marking its worst daily fall on record — exceeding the 4.9% fall during the Black Wednesday […]

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