According to PwC’s annual Global Digital Trust Insights Survey, which polls more than 3,500 senior executives from 65 countries, one in every four companies [27%] has experienced a data breach that cost them $1-$20 million or more in the last three years. “The percentage rises to one in three [34%] for companies surveyed in North… Continue reading One in Four Companies Globally Suffered a Data Breach: PwC
Tag: PwC
More than Three-Quarters of CEOs Confident about Global Economy in 2021: PwC Survey
More than 5,000 chief executives globally expressed record optimism about economic growth a year after the World Health Organization declared COVID-19 a global pandemic, suggests a PwC survey. The survey of 5,050 CEOs in 100 countries conducted earlier this year found 76 percent forecasted improved economic growth in 2021. The result is up from 22… Continue reading More than Three-Quarters of CEOs Confident about Global Economy in 2021: PwC Survey
PwC to Pay $335M Over Failed Audits of Alabama’s Colonial Bank: U.S. Regulator
A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank. PwC did not confirm or deny the claims, but agreed to pay the settlement fine, the Federal Deposit… Continue reading PwC to Pay $335M Over Failed Audits of Alabama’s Colonial Bank: U.S. Regulator