SEC commissioner Caroline Crenshaw was at it again last week, delivering another speech about what the Securities & Exchange Commission should do to be a more effective regulator for current times. Compliance professionals should heed her words, since Crenshaw is shaping up to be the resident progressive theorist among the five commissioners. That matters in…Read More
Earlier this week the Biden Administration issued an executive order to strengthen the federal government’s cybersecurity and oversight of the larger “software supply chain” that involves government contractors. IT auditors, risk managers, privacy officers, and related compliance professionals should prepare now for what’s coming soon. The order is most immediately a response to that ransomware…Read More
Another full Compliance Jobs report this week. We have new hires in the fintech world, at Microsoft, Galderma, and a bunch of healthcare firms; and job openings from Atlanta to Boston to Dallas. Our Meme of the Week goes out to people paying ransomware attackers. As always, thank you to all the compliance people sending…Read More
A broker-dealer firm in Colorado has agreed to pay $1.5 million to settle charges with the SEC that the firm failed to file suspicious activity reports about cybersecurity thieves trying to take over customers’ accounts. It’s a sobering example of how weak cybersecurity controls can spill over into regulatory compliance trouble. The firm in question…Read More
Technically, Radical Compliance is the personal blog of Matt Kelly, long-time writer and observer of the corporate compliance and GRC scene. I was a writer, editor, and publisher at Compliance Week, 2003 through 2015; some of you may know me from my career there. I also speak frequently at compliance conferences and other events, and will pretty much shoot the breeze on any compliance topic with anyone who asks.