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Protiviti Celebrates Success of the Protiviti Patent Program with First Patent Awarded to Firm

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Protiviti has achieved a significant milestone by securing its first patent for Automated Audit Artifact Reconciliation from the U.S. Patent and Trademark Office. The patented process significantly reduces the time required to test for unauthorized access in SOX and operational risk assessments, completing tasks in minutes instead of days.

The innovation uses fuzzy matching algorithms to identify unauthorized access from terminated users, streamlining control testing in this important area. This technology can also enhance user access reviews (UARs), traditionally a months-long process. The solution is part of Protiviti's Technology Accelerator Platform and emerged from the company's Global Patent Program launched in 2022.

The patented technology addresses a common pain point in logical access controls, which are a leading cause of SOX and operational control failures across companies of all sizes. It enables full population tests for quick issue identification while improving efficiency and effectiveness in audit processes.

Protiviti ha raggiunto un traguardo significativo ottenendo il suo primo brevetto per Reconciliazione Automatica degli Artefatti di Audit dall'Ufficio Brevetti e Marchi degli Stati Uniti. Il processo brevettato riduce significativamente il tempo necessario per testare l'accesso non autorizzato nelle valutazioni del rischio SOX e operativo, completando le attività in minuti anziché giorni.

L'innovazione utilizza algoritmi di corrispondenza approssimativa per identificare l'accesso non autorizzato da parte di utenti terminati, semplificando i test di controllo in quest'importante area. Questa tecnologia può anche migliorare le revisioni degli accessi degli utenti (UAR), tradizionalmente un processo che richiede mesi. La soluzione fa parte della Piattaforma di Accelerazione Tecnologica di Protiviti ed è emersa dal programma globale di brevetti dell'azienda lanciato nel 2022.

La tecnologia brevettata affronta un problema comune nei controlli di accesso logico, che sono una delle principali cause di fallimenti nei controlli SOX e operativi in aziende di tutte le dimensioni. Essa consente test su popolazioni complete per un'identificazione rapida dei problemi, migliorando l'efficienza e l'efficacia nei processi di audit.

Protiviti ha logrado un hito significativo al obtener su primera patente para Reconciliación Automatizada de Artefactos de Auditoría de la Oficina de Patentes y Marcas de EE. UU. El proceso patentado reduce significativamente el tiempo necesario para comprobar accesos no autorizados en evaluaciones de riesgo SOX y operativo, completando tareas en minutos en lugar de días.

La innovación utiliza algoritmos de coincidencia difusa para identificar accesos no autorizados de usuarios despedidos, optimizando las pruebas de control en esta área importante. Esta tecnología también puede mejorar las revisiones de acceso de usuarios (UAR), tradicionalmente un proceso que toma meses. La solución es parte de la Plataforma de Aceleración Tecnológica de Protiviti y surgió del programa global de patentes de la compañía lanzado en 2022.

La tecnología patentada aborda un problema común en los controles de acceso lógico, que son una causa principal de fallos en los controles SOX y operativos en empresas de todos los tamaños. Permite pruebas de poblaciones completas para una rápida identificación de problemas, mejorando la eficiencia y eficacia en los procesos de auditoría.

Protiviti는 미국 특허청으로부터 자동 감사 자료 조정에 대한 최초의 특허를 확보함으로써 중요한 이정표를 달성했습니다. 특허받은 프로세스는 SOX 및 운영 위험 평가에서 무단 접근을 테스트하는 데 필요한 시간을 크게 줄이며, 일정을 며칠이 아닌 몇 분 내에 완료합니다.

이 혁신은 퍼지 매칭 알고리즘을 사용하여 퇴사한 사용자로부터의 무단 접근을 식별하고 이 중요한 영역에서 통제 테스트를 간소화합니다. 이 기술은 전통적으로 몇 달이 걸리는 사용자 접근 검토 (UAR)를 개선할 수 있습니다. 이 솔루션은 Protiviti의 기술 가속 플랫폼의 일부분으로, 2022년에 출시된 회사의 글로벌 특허 프로그램에서 개발되었습니다.

특허 기술은 모든 규모의 기업에서 SOX 및 운영 통제 실패의 주요 원인인 논리적 접근 제어의 일반적인 문제를 해결합니다. 이는 문제를 신속하게 식별할 수 있도록 전체 인구에 대한 테스트를 가능하게 하여 감사 프로세스의 효율성과 효과성을 개선합니다.

Protiviti a atteint un jalon important en obtenant son premier brevet pour Réconciliation Automatisée des Artefacts d'Audit auprès de l'Office des brevets et des marques des États-Unis. Le processus breveté réduit considérablement le temps nécessaire pour tester les accès non autorisés dans les évaluations de risque SOX et opérationnelles, complétant les tâches en quelques minutes au lieu de plusieurs jours.

L'innovation utilise des algorithmes de correspondance floue pour identifier les accès non autorisés provenant d'utilisateurs licenciés, rationalisant ainsi les tests de contrôle dans ce domaine important. Cette technologie peut également améliorer les revues d'accès des utilisateurs (UAR), traditionnellement un processus qui prend des mois. La solution fait partie de la Plateforme d'Accélération Technologique de Protiviti et a émergé du programme mondial de brevets de l'entreprise lancé en 2022.

La technologie brevetée répond à un problème courant dans les contrôles d'accès logiques, qui sont unecause majeure des échecs de contrôle SOX et opérationnels dans des entreprises de toutes tailles. Elle permet des tests sur la population entière pour une identification rapide des problèmes tout en améliorant l'efficacité et l'efficacité des processus d'audit.

Protiviti hat einen bedeutenden Meilenstein erreicht, indem es sein erstes Patent für Automatisierte Prüfung von Audit-Artefakten beim US-Patent- und Markenamt gesichert hat. Der patentierte Prozess reduziert erheblich die Zeit, die benötigt wird, um unbefugten Zugriff bei SOX- und Betriebsrisikobewertungen zu testen, und vollzieht Aufgaben in Minuten anstelle von Tagen.

Die Innovation verwendet fuzzy matching-Algorithmen, um unbefugten Zugriff von entlassenen Nutzern zu identifizieren und vereinfacht damit die Kontrolltests in diesem wichtigen Bereich. Diese Technologie kann auch die Überprüfungen des Benutzerzugriffs (UAR) verbessern, die traditionell Monate dauern. Die Lösung ist Teil der Technologie-Akzelerator-Plattform von Protiviti und entstand aus dem globalen Patentprogramm des Unternehmens, das 2022 gestartet wurde.

Die patentierte Technologie adressiert einen häufigen Schmerzpunkt in der logischen Zugriffskontrolle, die eine der Hauptursachen für SOX- und Betriebsfehlerkontrollen in Unternehmen jeder Größe ist. Sie ermöglicht Vollpopulationstests zur schnellen Identifizierung von Problemen und verbessert gleichzeitig die Effizienz und Effektivität der Prüfprozesse.

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Protiviti has officially secured its first patent, a significant milestone in the company's history of innovation

The newly patented process solves for automated audit artifact reconciliation and achieves cost-saving benefits for SOX testing and internal audit activities

MENLO PARK, Calif., Dec. 10, 2024 /PRNewswire/ -- Protiviti has been awarded a patent – for Systems and Methods for Automated Audit Artifact Reconciliation - by the U.S. Patent and Trademark Office. The newly patented process dramatically cuts the time required to test for unauthorized access, which is a common SOX and operational risk, and provides organizations with greater confidence in their controls in minutes, rather than days. This patent is a testament to the success of the company's Global Patent Program, launched in 2022, which encourages continual innovation among employees and furthers its goal to deliver groundbreaking solutions to clients.

The patent is a novel and unique combination of algorithms that execute "fuzzy matching" on names, to identify unauthorized access from users that have been terminated, thereby expediting the testing of controls in this key, and often problematic, area.  This flexible innovation can also be used in the assistance of user access reviews (UARs), which can take months to execute and are often ineffective.  This solution allows users to execute access comparisons that would have normally taken several days down to a few minutes. 

"Logical access controls are a leading SOX and operational control failure among companies of all sizes and are time consuming to execute. Through this patented process, we can help clients expedite and improve the efficiency and effectiveness of processing full populations tests to identify issues quickly," said Jeremy Wildhaber, Senior Director, IAFA Technology Enablement at Protiviti. "This patent is not just about the recognition of our current capabilities but also about paving the way for future innovations at Protiviti."

"The patented technology solves a critical pain point for our clients and also reinforces Protiviti's standing as a leader in cutting-edge technological advancements that address real-world challenges," said Andrew Struthers-Kennedy, global lead for the Internal Audit and Financial Advisory practice at Protiviti.

"We are committed to delivering innovative solutions for clients," said Ashley Cuevas, global lead, Innovation at Protiviti. "Key to that is the Protiviti Patent Program, which we formed in 2022 to facilitate the development and protection of our people's innovative ideas."

The patented solution is a component of several dozen accelerators that exist in Protiviti's Technology Accelerator Platform, which brings market-leading packaged automation, analytics and AI-enabled solutions to address common challenges in Internal Audit and SOX.

About Protiviti

Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Protiviti and its independent and locally owned member firms provide clients with consulting and managed solutions in finance, technology, operations, data, digital, legal, HR, risk and internal audit through a network of more than 90 offices in over 25 countries.

Named to the Fortune 100 Best Companies to Work For® list  for the 10th consecutive year, Protiviti has served more than 80 percent of Fortune 100 and nearly 80 percent of Fortune 500 companies. The firm also works with government agencies and smaller, growing companies, including those looking to go public. Protiviti is a wholly owned subsidiary of Robert Half (NYSE: RHI).

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/protiviti-celebrates-success-of-the-protiviti-patent-program-with-first-patent-awarded-to-firm-302327235.html

SOURCE Protiviti

FAQ

What is Protiviti's first patent for?

Protiviti's first patent is for Systems and Methods for Automated Audit Artifact Reconciliation, which automates and accelerates the testing of unauthorized access in SOX and operational risk assessments.

How does Protiviti's new patented process improve audit efficiency?

The patented process reduces testing time from days to minutes by using fuzzy matching algorithms to identify unauthorized access from terminated users, significantly improving SOX testing and internal audit activities.

When was Protiviti's Global Patent Program launched?

Protiviti launched its Global Patent Program in 2022 to encourage innovation among employees and develop groundbreaking solutions for clients.

What problem does Protiviti's patented technology solve?

The technology solves the challenge of logical access controls, which are a leading cause of SOX and operational control failures, by automating and expediting user access reviews and control testing.

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