News
Compliance Jobs Report: Aug. 15
Another big Compliance Jobs Report this week! We have new hires at Raytheon, Honeywell, Mitsubishi, Pepsico, and a surprising bundle of news from Australia! Promotions at BAT, Goldman Sachs, Hilton, Mars, and more; plus job leads in manufacturing, gambling, and social media. We also take any other gossip you might have, even confidentially. If you…
Read MoreUsing AI Agents to Cheat on Training
Well here’s something compliance officers need like a hole in the head: ChatGPT’s newest incarnation includes an “agent mode” so advanced that apparently employees can use it to complete their ethics and compliance training for them, with compliance officers none the wiser. Lovely. This irritating advance in artificial intelligence came to my attention courtesy of…
Read MoreGreystar’s AI Antitrust Settlement
Anyone looking for insights into algorithmic misconduct arising from a company’s use of artificial intelligence may want to look at the apartment industry this week. The Justice Department just settled an antitrust case with the nation’s largest landlord that offers us a few points to ponder. The settlement was announced last Friday between the Justice…
Read MoreAI vs. the Three Lines Model
Anyone who enjoys pondering the future of the internal audit and compliance professions may want to take note of a debate that erupted online last week about the Three Lines of Defense. It’s a fascinating discussion about how artificial intelligence might affect the Three Lines model, including whether AI might render the whole idea obsolete. …
Read MoreNew York Whacks Crypto Firm on Compliance
Financial regulators in New York have fined cryptocurrency services firm Paxos $26.5 million for years of weak anti-money laundering compliance, and also ordered the firm to spend at least $22 million over the next three years on compliance program operations. The New York Department of Financial Services (DFS) announced the enforcement action Thursday, faulting Paxos…
Read MoreCompliance Jobs Report: Aug. 8
The Compliance Jobs Report is back from vacation, and as always we have lots of news. New hires at Radiance Technologies, Fidelity National, RTX, Diageo, PayPal, Rio Tinto, AAR, and more; plus promotions at Albemarle, Klarna, Airbus, Intel, and elsewhere. Our job leads are in defense, higher ed, and social services; and Meme of the…
Read MoreFalse Claims Act and Cybersecurity, Part II
Earlier this week we reviewed the case of a medical device company fined nearly $10 million under the False Claims Act for poor cybersecurity practices. Now let’s look at another example of the issue, because we have a second recent False Claims Act enforcement action for poor cybersecurity that had considerably different circumstances and outcome.…
Read MoreWhen False Claims Act and Cybersecurity Collide
Today we return to enforcement of the False Claims Act, and a case from last week where the Justice Department fined a medical device maker $9.8 million for failing to meet promised cybersecurity standards. Cybersecurity risk and increased enforcement of the False Claims Act are sizzling issues for compliance in the Trump 2.0 era, so…
Read MoreCadence Pays $140M on China Exports
Radical Compliance had said we’d be on vacation this week, but sometimes an enforcement action comes along that’s just so fascinating we can’t help ourselves. So from our remote office in a Catskills farmhouse, let’s talk about the huge export controls case just filed against Cadence Design Systems. Cadence, a Silicon Valley company that makes…
Read MoreCompliance Jobs Report: July 25
Another brisk Compliance Jobs Report! This week we have news from O-I Glass, CBRE, Marriott, MKS, and a slew of financial firms. We also have promotions at Amazon, Cash App, Medline Industries, Uber, and elsewhere; plus job leads in real estate, medical devices, and telecom. Plus our Meme of the Week! We also take any…
Read More