By Jeff Bullwinkel, Associate General Counsel and Director of Corporate, External & Legal Affairs, Microsoft Europe,Jeff Gould, CEO, Peerstone Research, LLC,Madhu Khatri, Chief Evangelist, Icertis,Michael McLoughlin, Director, Global Government Affairs, Microsoft 2019-03-11T17:03:56.857
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Global fines and penalties against financial institutions hit $36 billion last year, as ramifications from the financial crisis continue to reverberate throughout the financial services industry, according to a new report.
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Sanctions, tariffs, economic crime, big tech, data privacy, and environmental laws are expanding global compliance risks. Tougher penalties now reach deep into supply chains, making even small suppliers accountable to customers or regulators.
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Companies face increased risk of cyberattacks, data loss, and even regulatory action because employees are using unapproved “shadow AI” tools to help with work-related tasks.
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