corporate culture

Corporate Culture Under Strain, Part I

By Matt Kelly | January 28, 2025

Compliance officers, we need to talk about corporate culture. It’s been going through some stuff lately,  that stuff could have big implications for the compliance programs you so desperately want people to take seriously. First is the push to bring employees back into the office once and for all — full time, five days a…

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trump

Trump Fires IGs Across Government

By Matt Kelly | January 25, 2025

President Trump fired more than a dozen inspectors general across the federal government Friday night, yet another sign that Trump has little concern about objective mechanisms for accountability in his administration. The president fired at least 12 inspectors general, according to an article in the Washington Post, although other news outlets later reported that as…

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cybersecurity

Another Tale of Poor Cyber Practices

By Matt Kelly | January 24, 2025

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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compliance jobs

Compliance Jobs Report: Jan. 24

By Matt Kelly | January 24, 2025

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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AI

Talking AI and ‘Model Risk’

By Matt Kelly | January 22, 2025

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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compliance

Optimizing the Right Compliance Vector

By Matt Kelly | January 21, 2025

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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Compliance jobs

Compliance Jobs Report: Jan. 17

By Matt Kelly | January 17, 2025

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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antitrust

A Final Burst of Antitrust Guidance

By Matt Kelly | January 16, 2025

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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cybersecurity

Two Companies, Two Cyber Enforcement Actions

By Matt Kelly | January 15, 2025

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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wells fargo

Former Wells Fargo Execs Fined Millions

By Matt Kelly | January 14, 2025

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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