-
Aviation Advisory
Our dedicated Aviation Advisory team bring best-in-class expertise across modelling, lease management, financial accounting and transaction execution as well as technical services completed by certified engineers.
-
Consulting
Our Consulting team guarantees quick turnarounds and superior results delivered on a range of services.
-
Business Risk Services
Our Business Risk Services team deliver practical and pragmatic solutions that support clients in growing and protecting the inherent value of their businesses.
-
Deal Advisory
Our experienced Deal Advisory team has provided a range of transaction, valuation, deal advisory and restructuring services to clients for the past two decades.
-
Forensic Accounting
Our Forensic and Investigation Services team have targeted solutions to solve difficult challenges - making the difference between finding the truth or being left in the dark.
-
Financial Accounting and Advisory
Our FAAS team designs and implements creative solutions for organisations expanding into new markets or undertaking functional financial transformations.
-
Restructuring
Grant Thornton is Ireland’s leading provider of insolvency and corporate recovery solutions.
-
Risk Advisory
Our Risk Advisory team delivers innovative solutions and strategic insights for the Financial Services sector, addressing disruptive forces, regulatory changes, and emerging trends to enhance risk management and foster competitive advantage.
-
Sustainability Advisory
Our Sustainability Advisory team works with clients to accelerate their sustainability journey through innovative and pragmatic solutions.
-
Corporate Accounting and Outsourcing
At Grant Thornton we have extensive knowledge and experience in providing tailored solutions to our clients, whether on a short-term or long-term basis.
-
Financial Services Audit
Our Financial Services Audit team offers expertise and knowledge along with a horizontal approach to solving clients’ problems and queries.
-
Global Statutory Audit
Our Global Statutory Audit team ensures your statutory audit process follows a well-defined project plan, with no surprises, to maintain compliance across multiple jurisdictions. We invest time to understand your finance function and develop bespoke solutions built on the premise of central effort to remove duplication.
-
Pension Audit
The Grant Thornton Pension Audit team has vast experience in managing schemes and preparing annual reports on them for clients.
-
Corporate Tax
Our Corporate Tax team is made up of more than 40 highly experienced senior partners and directors who work directly with a wide range of domestic and international clients; covering Corporation Tax, Company Secretarial, Employer Solutions, Global Mobility and Tax Incentives.
-
Financial Services Tax
The Grant Thornton team is made up of experts who are fully up to date in terms of changing and evolving tax legislation. This is combined with industry expertise and an in-depth knowledge of the evolving financial services regulatory landscape.
-
Indirect Tax Advisory & Compliance
Grant Thornton’s team of indirect tax specialists helps a range of clients across a variety of sectors including pharmaceuticals, financial services, construction and property and food to navigate these complexities.
-
International Tax
We develop close relationships with clients in order to gain a deep understanding of their businesses to ensure they make the right operational decisions. The wrong decision on how a company sells into a new market or establishes a new subsidiary can have major tax implications.
-
Private Client
Grant Thornton’s Private Client Services team can advise you on all areas of financial, pension, investment, succession and inheritance planning. We understand that each individual’s circumstances are different to the next and we tailor our services to suit your specific needs.
The threat of a cyber-attack has never been greater and despite the best efforts of businesses and organisations to mitigate risk, many remain exposed as cybercriminals rapidly adapt to new technologies. This includes exploiting weakness in artificial intelligence (AI) technology at a much faster pace than industries are keeping up.
There is no doubt that organisations, and society more generally, have become more attuned to both emerging risks and the risk of traditional cyber threats including ransomware and phishing. Yet, the experience of businesses across industries and sectors is that both phishing and ransomware attacks are on the rise in Ireland. A small drop off in the volume of these attacks, likely influenced by geopolitical tensions in 2022, was short-lived as signs quickly pointed to a return to more consistent activity in recent months.
There is no one reason alone for the return to more typical volumes of these attacks but one important element is the emergence of AI technology which has opened up sophisticated, automated processes through which cybercriminals can prepare and execute attacks at much faster and more effectively than before. These criminals and criminal gangs are increasing automating sophisticated attacks, widening the net of potential victims in the process. Indeed, cybercriminals will harness the opportunity of AI much quicker than businesses will mitigate the risk it poses.
Cybercriminals are incorporating new AI technologies. For example, AI lowers the cost of malware generation, so attackers can deploy new variants of malware quicker, cheaper and with less skill. This will allow them to cast the net wider during attacks, and is possibly a reason behind the rising number of attacks on businesses within supply chains recently. The reach of these attacks, and deployment of automated processes has allowed attackers to increase the volume of attacks and potentially infiltrate and exploit data and information linked with multiple organisations within a supply chain network.
Of particular risk appears to be cloud based technology firms within supply chains who support multiple different businesses and therefore, if successfully compromised, drive a lot more return to criminals who hold them to ransom or exploit the data they’ve obtained in other ways.
The reality is, however, there are weaknesses across all sectors and industries. Ireland has been particularly slow to adapt and upgrade security controls in the wake of cyber threats – new and emerging.
Where heavily regulated industries such as financial services and telecoms tend to have slightly stronger controls by virtue of governing policy and regulations, others often aren’t held to the same standards and this hasn’t gone unnoticed. The clean-up in the wake of an attack is a lot more costly and time-consuming, than proactively mitigating against the potential for an attack and the subsequent fallout. Where consumer and personal data is compromised, the administrative task of cleaning up after an attack can be particularly burdensome, not to mention the legal and reputational damage that may also be incurred.
The question remains why so many have not moved to strengthen their controls and secure their operation. The short answer is that underinvestment and a shortage of skills in the cyber space have created challenges despite growing global cyber threats. In a heavily digitised society, we must continue to invest in upskilling our teams, upgrading our controls, and horizon scanning for new threats. In the meantime, good cyber hygiene and simple security protocols can go a long way to insulating against attacks, the absence of which will pose a much greater headache to organisations in the long run.
Get the latest insights, events and guidance for Cybersecurity, straight to your inbox.