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Privacy and Data Protection
Our digital risk team is made up of a combination of subject matter experts and technical specialists who can help your business comply with the GDPR.
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Governance, Risk and Compliance (GRC)
While business goals and strategies evolve, our services support you wherever you are in your business cycle. The digital economy is simultaneously increasing the magnitude of new business opportunities while increasing the difficulty of getting it right.
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ISO 27001 and ISO 27701
Grant Thornton’s ISO 27001 and ISO 27701 specialists will arrange and oversee the formal audit process.
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SOC 1,2,3
As a service organization there are many ways to provide assurance to your customers and in turn other stakeholders over your control environment. One of the most effective and cost-efficient ways is to issue a Service Organization Control (SOC) Report.
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Incident Response
Grant Thornton’s Cyber Incident Response Team can support your business in the event of a cyberattack or data loss event. We work alongside your existing IT and Legal teams to provide a co-ordinated, timely and efficient investigation and remediation.
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Hacking Services
At Grant Thornton, our cyber security experts can develop a bespoke penetration testing plan to meet your business needs and unique IT environment. We can undertake the full suite of testing or conduct individual assessments, as required.
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Cyber Health Check
Approximately 54% of organizations report that they have experienced at least one cyber-attack during the past year. Grant Thornton’s cyber health check provides you with an objective, jargon-free assessment of your current cyber security, drawing on both qualitative and quantitative elements.
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Dark Web Threat Intelligence
We use a variety of dark and deep web monitoring tools that continuously scans illegal sites to discover any mention of your data, ranging from breached security credentials such as usernames and passwords to leaked confidential documents of your company.
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Digital forensics and electronic discovery
We offer a full suite of digital forensics and data acquisition services in investigations related to cybercrime, disputes, fraud and regulatory investigations.
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Insolvency
If you're facing a time of personal or corporate financial crisis you need advice from someone who listens, who understands your specific issues and deals with them in a supportive and sensitive manner.
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Crisis stabilisation and turnaround
In periods of financial distress, management teams often face considerable challenges, with many directors having little or no experience of similar conditions.
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Operational and financial restructuring
Companies challenged by underperformance often need support in identifying options for financial or operational restructuring. Tapping this type of advice helps them create a stable platform for business turnaround.
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Accelerated M & A
Even fundamentally sound businesses run into difficulties. Cash flow can come under pressure from the loss of a big client, or a dip in performance can threaten a breach of banking covenants if there is insufficient headroom.
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People Services
Our HR Outsourcing solutions are designed to provide you with the flexibility and expertise needed to manage your people effectively and efficiently.
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Relocation made easy!
We bring to the table our in-depth understanding of Cyprus immigration legislation and policies, coupled with long experience supporting corporate clients relocating non-EU staff to Cyprus, as well as entrepreneurs and executives moving with their families.
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Family Office Services
In an era of rising digital threats, protecting the sensitive information and assets of high-net-worth families is paramount. In collaboration with our dedicated strong Cybersecurity and Data Protection team, we can help ensure the data security and privacy of your Family Office (employees and c-suite), family members and any staff supporting them, and also trusted associates.
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Indirect Tax
Our experienced VAT specialists are available to assist companies and entrepreneurs of all industries and sizes in meeting their obligations.
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Direct Tax
We can help you ensure a bespoke balance between tax compliance and effective tax planning for your special circumstances.
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Ημερίδα Γνωριμίας με την Grant Thornton Κύπρου
Σας προσκαλούμε σε μια μοναδική ευκαιρία να γνωρίσετε την Grant Thornton Κύπρου! Την Τρίτη, 5 Νοεμβρίου 2024, θα έχετε τη δυνατότητα να συναντήσετε την ομάδα μας, να ενημερωθείτε για επαγγελματικές ευκαιρίες και να εξερευνήσετε πιστοποιήσεις όπως ACCA.
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Life at Grant Thornton
At Grant Thornton Cyprus, we are taking a holistic approach and reimagining the way we work, continually assessing it and making necessary changes to better support our people.
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In the community
Unlocking the potential for growth in our local communities.
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Diversity and inclusion
Diversity helps us meet the demands of a changing world. We value the fact that our people come from all walks of life and that this diversity of experience and perspective makes our organisation stronger as a result.
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Global talent mobility
One of the biggest attractions of a career with Grant Thornton Cyprus is the opportunity to work on cross-border projects all over the world.
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Learning and development
At Grant Thornton we believe learning and development opportunities allow you to perform at your best every day.
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Our values
We are a values-driven organisation and we have more than 56,000 people in over 140 countries who are passionately committed to these values.
AI Literacy: The Key to Thriving in an AI-Driven World
Imagine arriving at work to find that overnight, your role has fundamentally changed. Your emails are drafted before you even open them, meetings are automatically summarised, and reports that used to take hours are now generated in seconds. The office buzzes with conversations about AI-driven strategies—except you’re struggling to keep up. Would you embrace this shift, or feel left behind?
This is not a glimpse into the distant future. It’s happening now, and organisations that invest in AI Literacy are the ones ensuring that their employees thrive in this rapid evolution rather than being left behind.
Why AI Literacy Matters More Than Ever
The European Union’s AI Act is making AI Literacy a necessity for organisations operating within its jurisdiction, as it introduces strict requirements for transparency, risk assessment, and human oversight in AI applications. Compliance with AI regulations is not optional—it is essential. However, AI Literacy is about much more than meeting regulatory demands. It’s about enabling individuals and organisations to navigate an AI-driven future with confidence, curiosity, and adaptability.
At its core, AI Literacy is the ability to understand, engage with, and critically evaluate artificial intelligence. It doesn’t mean that everyone needs to be a machine learning engineer, just as financial literacy doesn’t require everyone to become an accountant. But it does mean that employees—from executives to frontline workers—need a foundational understanding of AI’s capabilities, limitations, and ethical implications.
Beyond Compliance: The True Value of AI Literacy
Many organisations approach AI Literacy as a box-ticking exercise—something they must do to avoid regulatory penalties. But the true value goes far beyond compliance. Companies that invest in AI Literacy empower their people to make informed decisions. AI influences everything from hiring to customer interactions. Without AI Literacy, organisations risk relying on AI-driven outputs without questioning their accuracy or biases. They may also overlook valuable opportunities to use AI for growth, efficiency, and innovation, leaving them at a competitive disadvantage.
Employees who understand AI are more likely to spot opportunities for its use, whether in automating repetitive tasks or enhancing customer experiences. The rapid evolution of AI means that the ability to learn and adapt quickly is one of the most critical skills in today’s workplace. Those who resist change or fail to develop AI Literacy risk being left behind as industries transform.
Adaptability: The Most Important Skill in the Age of AI
One of the biggest challenges organisations face is resistance to change. AI Literacy is not just about technical knowledge—it’s also about developing a mindset of adaptability and continuous learning. Change management experts have long emphasised that successful transformation requires psychological safety, where employees feel comfortable experimenting with AI tools without fear of failure. Clear communication from leadership is also essential, ensuring that employees understand why AI adoption matters and how it benefits them.
AI should not be seen as something imposed from the top down. Employees should be engaged in AI discussions and decision-making processes.
Bridging the AI Skills Gap
AI Literacy is not a one-time initiative; it requires continuous learning. Organisations must create opportunities for hands-on training where employees can apply AI concepts to real-world scenarios. AI Literacy should be embedded into daily workflows rather than confined to occasional training sessions. Encouraging employees to ask questions and explore AI applications fosters long-term engagement and ensures that AI becomes an enabler rather than a source of fear.
Conclusion: AI Literacy as a Competitive Advantage
The organisations that thrive in the AI era will be those that cultivate AI Literacy at all levels. To stay ahead, organisations should start by assessing their current AI skills, identifying gaps, and launching structured training initiatives. Engaging leadership in these efforts ensures that AI adoption is not just a technical shift but a strategic one. AI Literacy is not just about learning the technology—it’s about fostering a culture of exploration and adaptation. The organisations that embrace AI Literacy today will be the architects of tomorrow’s success, while those that delay may struggle to catch up. By investing in AI knowledge, fostering adaptability, and prioritising continuous learning, businesses can turn AI from a challenge into an opportunity. The question is no longer whether AI will impact your organisation, but whether your organisation will be ready to harness its potential.
So, where do you stand on AI Literacy? Are you preparing your workforce for the future, or waiting for the future to catch up with you?
