Chief compliance officers today face growing data privacy regulations; cyber-security controls being stressed by remote work and surging ransomware attacks; and intensified attention being paid to environmental, social, and governance (ESG) disclosures. It’s all happening at a time when cash-strapped organizations are at their wit’s end.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...