At a recent Compliance Week conference, experts discussed implementation and expectation for incorporating artificial intelligence into compliance programs.
David Bogoslaw
Posted inData Privacy
Internet of Things ramp-up expands compliance risk considerations
Companies are lacking at providing security testing for products manufactured with Internet of Things, reports David Bogoslaw.
Posted inRegulatory Enforcement
Plantronics decision calls for stricter vigilance in e-Discovery compliance
Living up to various e-Discovery requirements from different states and regulatory agencies means a comprehensive compliance digital record overhaul. David Bogoslaw reports.
Posted inUncategorized
New pay reporting rules could drown employers in costly paperwork
As the federal government tries to squash pay discrimination, the new reporting requirements it might impose would smother employers in costly paperwork. David Bogoslaw explains how bad it might be.
Posted inRegulatory Enforcement
Compliance’s increasing role in preventing LGBT discrimination
To prevent potential employee discrimination lawsuits, companies are crafting ever-more inclusive policies regarding sexual and gender identity. But this is a sensitive topic with many unresolved details. David Bogoslaw reports.
Posted inInternal Controls
LendingClub could teach Theranos a thing or two about crisis management
Relatively young, technology-based companies face special difficulties when dealing with crises. Their focus on market disruption and their lack of established credibility make earning public trust even more difficult. And yet, LendingClub shows how it can be done at a time when Theranos certainly failed the crisis management test. David Bogoslaw has more.
Posted inUncategorized
European Parliament opinion could delay Privacy Shield approval
An EU-U.S. privacy protection standard is supposed to gain approval in June, but concerns—namely with the U.S.’s ongoing surveillance efforts and mass data collection—could delay approval, leaving thousands of companies that rely on cross-border data transfers in legal limbo. David Bogoslaw explores.
Posted inRegulatory Enforcement
Longer case closure times boost risk of whistleblowers reporting externally
Employers are taking longer and longer to act on internal whistleblower reports, which can frustrate employees who have been encouraged to step up and report what they see as unacceptable behavior. As reporters find their concerns languishing in limbo, the chances they might simply take their issue to an outside agency increases. But it doesn’t have to be this way. David Bogoslaw reports.
Posted inBoards & Shareholders
Buffett vs. Zuckerberg: Does CEO age matter to investors?
Plenty of research supports the notion of mandatory retirement age for board members, but what about MRPs for CEOs? Does imposing an age limit on top executives really drive better long-term organizational performance? Shareholders, it turns out, seem to prefer experience to youth.
Posted inInternal Controls
Valeant’s financial restatement begs compliance questions
Valeant Pharmaceuticals’ announced financial restatement raises questions about the drug company’s compliance program and its business model. But it might also serve as an early warning to all publicly listed U.S. companies about the increased room for misjudging the booking of sales once FASB rolls out its new revenue recognition standards in 2019.
