Avisory Technology and Security Risk Services - Ernst & Young - Luxembourg

As a result, IT has become a high-priority issue in executive suites and corporate boardrooms, driving top management to provide proactive sponsorship for efforts that will ensure adequate IT security and availability. And create an operating environment that effectively manages — and mitigates — risks.

We can help you focus on fundamental as well as emerging IT issues as you develop and execute plans to respond to stakeholder expectations. Our services are based on insights into how leading organizations prioritize their efforts to ensure that IT investments provide maximum security and risk mitigation in the most cost effective manner.

Our services are backed by extensive technical competencies, which include:

• Helping to protect IT assets against external viruses, cyber terrorism and other malicious attacks and internal security threats
• Advising on software application controls integrity
• Improving IT processes
• Addressing regulatory compliance on IT applications

Our areas of focus include:

• IT for Assurance : Third Party Reporting, Application Controls and Security, Information Security
• IT for Risk : Third Party Reporting, Application Controls and Security, Information Security, IT Effectiveness, Program Advisory Services
• IT for Performance : Information Management and Analysis, Application Controls and Security, Information Security, IT Effectiveness, Program Advisory Services

Application Controls and Security
There are several reasons to focus on assessing, improving, and monitoring your ERP application controls and security. Some key benefits include: increased confidence by mitigating risks, increased reliability with an independent assessment of application controls, controlled environment effectiveness to balance efficiency and effectiveness of controls, and faster results from a global network of experienced and independent skilled ERP professionals.

For more information, contact our Advisory Experts.

Information Security
In today's high-tech and interconnected world, organizations need effective information security management processes that protect while enabling the business to cope with diverse threats from internal and external sources. Information security should be viewed as part of an integrated risk management process that enables the business and manages risk as the organization expands into new business ventures. The effectiveness of this integration is a critical success factor for business growth and information security risk management.

For more information, contact our Advisory Experts.

IT Effectiveness
Information Technology is a fundamental component of day-to-day operations and a significant area of investment for many organizations. However, many are challenged to realize the intended benefit from their investment. To realize greater benefits, and fulfil IT's mandate of value creation, cost rationalization, and risk management for the entire company, it is crucial that companies increase the strategic alignment of the business and IT, impr ove IT governance practices, increase IT's operating efficiency, and measure IT's performance in business terms.

For more information, contact our Advisory Experts.

Third Party Reporting
Your stakeholders are often required to trust what you communicate to them because they have no way of independently verifying what you report. In situations where the risks are high, Third Party Reporting (TPR) Services can provide an independent assessment of your statements and representations to help build a higher degree of confidence and commitment from your stakeholders.

For more information:
Download the global Third Party Reporting brochure ( , 490kb)
or contact our Advisory Experts.

Program Advisory Services
Mounting regulatory requirements for disclosure and transparency, coupled with the complexity inherent to large programs, has placed sponsors and managers under increased pressure to demonstrate their programs and projects will deliver to expectations. Similarly, stakeholders are interested that their programs and projects will be successful, benefits will be realized, and changes to the organization will be sustainable.

For more information:
Download the global Program Advisory Services brochure ( , 1.1mb)
or contact our Advisory Experts.

Information Management and Analysis
Making good business decisions without reliable information can be difficult, if not impossible. Most organizations have vast amounts of operational data within their IT systems. Unlocking critical information to improve business insight requires an efficient and cost effective process for acquiring and analyzing data.

For more information, contact our Advisory Experts.