cybersecurity

Well this is sobering stuff for internal auditors and SOX compliance professionals: a cybersecurity firm is raising alarms about flaws in the Oracle business software that countless companies use to manage their finances, which lets hackers steal or alter financial data — all undetectable by standard internal controls or GRC technology. Be warned, this is…

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sec

Compliance professionals awoke this weekend to news that two of the country’s most important corporate prosecutors — the Securities and Exchange Commission and the U.S. Attorney for the Southern District of New York — are mired in confusion and uncertainty about who’s going to be in charge.  While you were Netflix and chillin’ on Friday…

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compliance jobs

The Compliance Jobs Report this week has new compliance hires at LEGO, Takeda, AbbVie, Tractor Supply Co., and others. We also have a slew of internal promotions, and one former CCO moving ahead with a False Claims Act case against his old employer. A few job openings too, and our Meme of the Week goes…

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internal audit

The internal audit world is bracing for big change thanks to Covid-19: tighter budgets, more risk assessments, changes to the audit plan, and — like so many others these days — lots of working from home.  So says a special report published by the Institute of Internal Auditors on Monday, based on a survey of…

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Wynn

Today we revisit Wynn Resorts and the report its compliance monitor released last month. As you might recall, that report is a sweeping review of how Wynn has tried to rectify its operations after a sexual harassment scandal forced the departure of its founder and long-time CEO, Steve Wynn.  Last month we took a deep…

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compliance

Now that we’ve all had a few weeks to sit with the latest Justice Department guidance about effective corporate compliance programs, let’s consider the next logical question. What must compliance officers be able to do, to deliver what this guidance wants to see?  That’s been on my mind for two weeks, because these updates emphasize…

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compliance jobs

A shorter Compliance Jobs Report this week, after last week’s record-breaking edition. This week we have new hires at the Libra Association, Discover Financial Services, Lyft, and Convercent, plus promotions and more new hires at other firms. Some vendors have rolled out new products, and we have job openings from Alaska to San Diego.  As…

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leadership

One might assume that the leadership challenges facing Mark Zuckerberg at Facebook and Roger Goodell at the National Football League don’t have much in common — but when talking about inept leadership in modern times, some universal truths do indeed emerge. First, let’s recap each man’s leadership bungles individually. We’ll start with Zuckerberg. The spark…

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compliance jobs

Another gut-busting Compliance Jobs Report this week! Changing of the CCO guard at Citigroup and at Daimler; a bundle of appointments in Brazil; new hires at FINRA, Zoll Medical, Bronx Honda (our first car dealership in the report!) and lots more. Plus, our Meme of the Week goes out to Downton Abbey fans.  As always,…

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fraud

Well this is just great: a new report finds that fraud is rising across Corporate America, as cyber thieves and scam artists try to take advantage of the confusion spawned by companies responding to the Covid-19 crisis.  The report, published by the Association of Certified Fraud Examiners on Tuesday, surveyed more than 1,800 anti-fraud professionals…

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