Deloitte News

Future of Auto Insurance: OEM-Insurer Ties Could Boost Profits, Loyalty

The fragmented auto insurance customer experience is set for disruption, according to a new report by Deloitte. The report, “Reinventing the insurance customer experience for loyalty,” highlights how collaboration among original equipment manufacturers (OEMs), insurers and captives can drive the …

Deloitte Pays Rhode Island $5 Million to Aid Recovery From Ransomware Attack

The consulting firm Deloitte that built and manages Rhode Island’s popular RIBridges portal has paid the state $5 million to compensate for the ransomware attack that compromised and shuttered the benefits site in December. Separately, Deloitte is also covering the …

Trump’s Cost-Cutters Look to Curb Deloitte, Other FEMA Contracts

Federal cost-cutting initiatives pushed by President Donald Trump have turned their focus to the Federal Emergency Management Agency, where spending on consultants like Deloitte now faces scrutiny. Workers at the agency have been asked to provide by Tuesday evening plain-language …

Rhode Island Ransomware Attack Update: Some Stolen Data Posted to Dark Web

As Rhode Island state officials feared would happen, hackers responsible for a ransomware attack on a popular state-administered benefits portal have posted some of the stolen information to the dark web. Governor Dan McKee told the public that experts are …

Deloitte Faces Class Action Lawsuits Over Rhode Island Cyber Breach

Deloitte Consulting has been hit with class action lawsuits over the cyber breach of Rhode Island’s portal for state-administered benefits known as RIBridges. The suits have been brought in Rhode Island and New York federal courts on behalf of individuals …

Datamaran Announces Deal With Deloitte to Use ESG Software

Datamaran, a provider of sustainability-related software, announced a collaboration with Deloitte in three European markets to provide companies with ways to better assess their environmental and social impacts and risks. In the agreement, Deloitte will use Datamaran’s double-materiality analysis software …

Finance Firms’ Return-to-Office Crackdown Could Backfire: Deloitte

Financial firms that enforce strict return-to-office mandates could drive employees to leave, according to a study published Tuesday by accounting firm Deloitte. Of 700 financial executives surveyed by Deloitte, 66% who worked remotely part time said they would likely quit …

Hybrid-Work Environments Are Becoming More Inclusive for Women: Deloitte

After three years of trial and error, hybrid-work environments are finally becoming more inclusive. The number of women who reported feeling excluded from meetings and decisions is down more than 36% from last year, according to Deloitte’s third annual Women …

Former Wirecard Executives in the Dock as Germany’s Biggest Fraud Trial Begins

Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany’s biggest post-war fraud scandal and sent shockwaves through the country’s political and financial establishment. Austrian former chief executive Markus Braun …

‘Big Four’ Audit Firms Targeted for Reforms in UK After Spate of Corporate Failures

Britain set out sweeping reforms of big company audits on Tuesday after high-profile collapses at builder Carillion and retailer BHS in recent years hit thousands of jobs and raised questions about accounting quality. The business ministry detailed changes to auditing …