As the COVID-19 pandemic continues to evolve, businesses across every jurisdiction and sector face unprecedented and ever-shifting challenges. Companies have been forced to move their workforce online and quickly adapt operations to remote environments—and their responses to the economic losses, supply chain interruptions and workforce shortages caused by the virus threaten to cascade into additional serious enterprise risks, such as cyber threats, fraud, legal disputes and compliance failures. For companies operating in this uncertain business landscape—and the law firms representing them—it is critical to have the right partner with robust investigative experience in remote environments to help regain control and develop forward-looking solutions as we emerge from this crisis.
While the global COVID-19 pandemic is unprecedented, helping our clients anticipate this new risk landscape, manage the disruption, and develop forward-looking action plans is in many ways business as usual for the FRA team. Since FRA’s inception, we have deployed remote data collection, remote transaction testing, remote interviews, and other remote procedures. This is our strength.
Our clients turn to us as their trusted advisor because we have a proven track record handling even the most complex investigations and data governance matters in remote environments, as well as the internal security structure and development capabilities to adapt quickly to our clients’ shifting needs and achieve remotely what others can’t. Our fully operational team offers creative, customized and regulatory-compliant solutions, which allow clients to adjust to this new virtual landscape via remote project management and forensic data collections, transfer and review.
At FRA, we are closely monitoring the impact of COVID-19 on businesses and markets. Our specialists offer comprehensive insight and practical guidance to adapt and thrive in this new risk environment.
On Thursday, May 14, FRA specialists from our Data Governance, Compliance and Forensic Accounting practices discussed real world scenarios and practical solutions to ensure resilience during a period of rapid change and the continual emergence of cyber threats.
With a suite of services designed to proactively identify problems and provide creative, customized and regulatory-compliant solutions, we enable clients to adjust to this new virtual landscape in the context of regulatory investigations, disputes, fraud and accounting irregularities, post-M&A due diligence, and data and security issues. FRA’s team has experience with successful virtual site visits and testing while maintaining compliance with the General Data Protection Regulation (GDPR).