Here’s some red meat for compliance professionals exasperated with fruitless and futile job searches: one of your own who decided he’d had enough, and called out a potential employer who ghosted him by name in a LinkedIn primal scream of frustration. Our new hero, our beacon of light in this dim job market, our voice…
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Today I want to continue pulling on the thread we first uncovered last week, that ChatGPT’s latest artificial intelligence system is so advanced that employees can have it take their ethics and compliance training for them. We still have lots of implications both short- and long-term that compliance officers need to consider. For those who…
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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…
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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…
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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…
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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. …
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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…
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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…
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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.…
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Today I want to revisit the state of the job market for compliance professionals, and will start with some breaking news: the market is still a big, roiling mess of uncertainty that’s driving everyone bananas. OK, you probably knew that already — but if we all want to preserve our sanity, it’s important for compliance…
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