C ompliance management has traditionally been marked by accessibility issues, which lead to barriers to adhering to regulations. These long-established frameworks can be so complicated that they make it hard for those who don’t have specialized knowledge to navigate them. Automated solutions, however, have marked a shift in the landscape, Read More
T he Securities and Exchange Commission has charged four public companies with making materially misleading disclosures regarding cybersecurity risks and intrusions. The charges against the four companies—Unisys, Avaya, Check Point Software, and Mimecast—result from an investigation involving public companies impacted by the compromise of SolarWinds’ Orion software. The SEC also Read More
T he Securities and Exchange Commission’s Division of Examinations has released its 2025 examination priorities. This year’s examinations will prioritize perennial and emerging risk areas, such as fiduciary duty, standards of conduct, cybersecurity, and artificial intelligence. For fiscal year 2025, in addition to conducting examinations in core areas such as Read More
T he U.S. Department of Defense issued final rules for its Cybersecurity Maturity Model Certification (CMMC) Program, which is indented to ensure that defense contractors meet standards for safeguarding sensitive information. The CMMC Program aligns with the DoD’s existing information security requirements for private sector defense contractors. It is designed Read More
C anadian-based TD Bank will pay more than $3 billion in a historic settlement with U.S. authorities who said that the financial institution’s lax practices allowed significant money laundering over multiple years. The bank pleaded guilty to conspiracy to commit money laundering, the largest bank in U.S. history to do Read More
T he Justice Department filed a civil antitrust lawsuit against Visa accusing the payments processor of monopolization and other unlawful conduct in debit network markets in violation of anti-trust laws. Filed in the U.S. District Court for the Southern District of New York, the complaint alleges that Visa illegally maintains Read More
GUEST BLOG POST Lately, I’ve been reflecting on my experience presenting compliance updates to boards, both during my industry days and now as a consultant. One thing that consistently frustrates me is seeing compliance officers deliver presentations that are completely reactive. The focus is always on the number of investigations Read More
In recent times it seems that a corporate scandal is now an everyday occurrence and something which is far too frequent. The causes of a corporate scandal are also far too predictable: failures in corporate governance, poor risk management, compliance failures, unreliable intelligence, inadequate security, insufficient resilience, ineffective controls, and Read More
The Securities and Exchange Commission settled charges against J.P. Morgan Securities (JPMS) for impeding hundreds of advisory clients and brokerage customers from reporting potential securities law violations to the SEC. JPMS agreed to pay an $18 million civil penalty to settle the charges. According to the SEC’s order, from March Read More
