Here’s an interesting item for all you cybersecurity auditors and GRC professionals: the state of New York just fined PayPal $2 million for “failing to use qualified personnel to manage key cybersecurity functions,” which led to an inept rollout of new accounting processes and a subsequent privacy breach. The New York Department of Financial Services…
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Lots of items as usual in the Compliance Jobs Report this week. A compliance officer is joining the board at TD Bank (good), plus new hires at Dentsply Sirona, Zimmer Biomet, RBC, Snyk, and other firms. We also have a ton of promotions to note, and job leads are in telecom, retail, and financial analysis.…
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Today we have a heads up for all you compliance officers in the financial services sector: Radical Compliance and Forensic Risk Alliance will be hosting a webinar on Jan. 29 exploring the risks of artificial intelligence, and the new governance and risk management methods you’ll need to develop to keep those AI risks in check.…
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A compliance officer should always be ready to take a good idea wherever you find it and figure out how it might improve your compliance program. In that spirit, today let’s talk about a nifty phrase I stumbled across in the technology world that could help compliance officers immeasurably in these tumultuous days: finding “the…
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This week the Compliance Jobs Report has updates on compliance folks from Intel and Netflix; new hire news at Citibank, Terumo Medical, Ford, Tenet Healthcare; and elsewhere; plus a slew of promotions. Job leads are in airlines, analytics, and cereal; and Meme of the Week goes out to state attorneys general! Always remember that we…
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The Justice Department and Federal Trade Commission have published new guidelines on how prosecutors will evaluate companies’ employment agreements, information-sharing arrangements, and other practices that might violate antitrust law, even as the Biden Administration glides out the door. The two agencies released the guidelines (a slim 13 pages long) on Thursday. The guidelines review the…
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These may be the final days of the Biden Administration, but enforcement in cybersecurity still marches onward: two different regulators just sanctioned two different companies for two different types of cybersecurity failure. Let’s take a look. First is GoDaddy.com, one of the largest web hosting businesses in the world. The Federal Trade Commission spanked GoDaddy…
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Three of the top risk assurance executives at Wells Fargo during its fake accounts scandal in the 2010s must all pay millions in fines for failing to challenge the bank’s misconduct aggressively enough — a dose of individual accountability that sounds good in theory, but might still leave audit, compliance, and risk management professionals rather…
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Brace yourselves, ethics and compliance officers! Today we revisit another example of corporate leadership gone wrong: Vince McMahon, the long-time (and now former) CEO of World Wrestling Entertainment, accused sexual predator, and overall blowhard. McMahon agreed last week to pay $1.7 million to settle charges from the Securities and Exchange Commission that he failed to…
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This week the Compliance Jobs Report is full of mystery! The former compliance chief at Netflix has a new job somewhere; and a few folks are leaving other compliance posts and promising updates soon. We also have other items from UCB, Revolution Medicines, Henkel, Mars, PIMCO, and much more. Meme of the Week goes out…
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