In this episode, Gena Wilson joins Kevin O'Connell to discuss how to navigate the risks and challenges associated with migrating to the cloud while continuing to drive trust and transparency to stakeholders.
We discuss the following questions:
0:44 - Should companies be doing more to confirm the cloud environment they are using is sufficiently secured?
1:34 - What other risks are associated with cloud computing and how can companies manage them?
2:49 - How to maintain control and oversight within the cloud environment?
5:06 - What are we seeing from a regulatory and compliance requirement perspective?
6:33 - How are companies handling requests from their clients around cloud computing?
7:19 - When moving to the cloud, what should companies with SOC reports consider?
8:43 - What are some key takeaways when thinking about migrating to the cloud?
Kevin O'Connell serves as PwC’s Trust and Transparency Solutions Clients and Markets Leader. A leading specialist in SOC 1, 2 and 3, and other third party assurance and internal controls reporting, he has over 25 years of experience providing services to our largest financial services clients designed to identify, assess, and manage complex risk and control issues across the enterprise – whether they are strategic, financial, systems, or operational in nature. Kevin also serves as the US Risk Assurance Asset & Wealth Management Sector Leader. Leading the growth agenda for the sector, he has created and launched an AWM business program resulting in the development of PwC’s professionals and consistent delivery of the highest quality service to our clients.
Gena Wilson is a Director in our Assurance practice, and has been with the firm for 11+ years. She supports the needs of clients related to technology and internal controls. Gena has deep experience in understanding and testing controls in back-office operations including internal controls reviews over technology and financial services companies.
Gena deals in SOC 1, 2 and 3, and other third party assurance and internal controls reporting, including regulatory compliance. She has spent the past few years focused on auditing technology infrastructure at a number of large clients. Additionally, Gena’s experience includes overseeing financial, business process, and technology reviews at clients who utilize multiple Cloud Service Providers to identify gaps/inefficiencies and to design process enhancements.