We haven’t talked about whistleblower awards in a while, but a recent spat over one such award from the Securities and Exchange Commission might be worth our attention. It raises some interesting questions about whether the SEC’s whistleblower award policies might squelch employees’ incentives to first report misconduct concerns on internal hotlines. The SEC issued…
More glum news from the anti-fraud world: A new report says financial firms are getting hammered by rising levels of AI-enhanced fraud — but at the same time, consumers are embracing online privacy technologies that make anti-fraud efforts more difficult because firms can’t easily verify an online user’s identity. So says Fingerprint, which on Tuesday…
By now most people have heard that grand juries in Washington and Chicago are declining to indict people arrested for anti-ICE protests. The political subtext here is that juries in Democratic regions won’t indict people arrested by the Trump Administration. What does that tell us about the breakdown in cultural norms within large organizations? That…
I spent this week in Lithuania attending a conference for compliance officers in Eastern Europe, and this being Europe, of course that meant artificial intelligence and data privacy were all over the agenda. So it’s rather poetic that European regulators also just published fresh guidance on human oversight of automated decision-making systems. The guidance was…
The Compliance Jobs Report is back with another week’s worth of personnel news! We have a new ethics and compliance boss at Georgia Tech, other new hires at the Nature Conservancy, Danaher, Stripe, Sierra Nevada, and more. Also promotions at AbbVie, Stryker, and Hewlett-Packard, among others; plus job leads in healthcare, pharmaceuticals, and toys! We…
Readers of Radical Compliance know that we love to talk about the compliance job market around here. So I’m delighted to announce that we are co-hosting a virtual Compliance Officer Career day on Oct. 30, to discuss what the job market looks like for compliance officers these days and how you can keep positioning yourselves…
The Compliance Jobs Report kicks off October with several retirements to note, plus new hires at Organon, Eli Lilly, Loews, Visa, Nabors, and lots more; and promotions at Bulgari, Caterpillar, Thermo Fisher, Elevance, and elsewhere. Job leads are in nature, nuclear power, and banking. Meme of the Week goes out to voluntary self-disclosure! We also…
Today I want to return to the idea of using an AI-driven chatbot as a compliance policy adviser for employees. On one hand, the potential gains for your compliance program are clear; but are we miscalculating some of the potential risks that AI chatbots might bring to your program too? This particular bee crept into…
Tractor Supply Co. has agreed to pay $1.35 million to settle charges with California regulators that the company violated the state’s tough data privacy law — the largest privacy fine in state history, and the state’s first enforcement action that extends to privacy rights for job applicants. Let’s take a look. The California Privacy Protection…
Calling all compliance, audit, and risk professionals around Boston: we’ll be hosting another after-work cocktail party on Wednesday, Oct. 15. All are welcome to attend, meet colleagues, and talk shop. A merry band of compliance enthusiasts in Boston (me included) try to hold these networking events every few months. Boston doesn’t have nearly as much…
