Companies that use NDAs, traditionally intended to protect intellectual property and trade secrets, as a form of “pretaliation” are courting danger.
Joe Mont
Posted inUncategorized
Uber breach sheds light on how companies use ‘bug hunters’
As a cyber-security tool, companies are turning to outsiders to hunt down software and security flaws. The concern is that bug bounties may become excessive or reward illegal activity.
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Podcast: How to improve sanctions compliance
In our latest podcast, we chat with Daniel Wager of LexisNexis Risk Solutions, about the challenges inherent in sanctions compliance. What can firms look for in terms of the red flags that a bad actor is seeking to bypass sanctions restrictions?
Posted inUncategorized
Podcast: How to improve sanctions compliance
In our latest podcast, we chat with Daniel Wager of LexisNexis Risk Solutions, about the challenges inherent in sanctions compliance. What can firms look for in terms of the red flags that a bad actor is seeking to bypass sanctions restrictions?
Posted inUncategorized
FDIC recordkeeping rule poses a big bank data challenge
To get a better grip on resolution planning, the FDIC wants banks to do a better job keeping track of deposit data.
Posted inUncategorized
States take first step towards standardized MSB licensing
Seven states have agreed to a multi-state compact that is intended to standardize and streamline the licensing process for money services businesses.
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OCIE announces 2018 examination priorities
The SEC’s Office of Compliance Inspections and Examination has announced its 2018 examination priorities. Making the list are policies and controls related to cyber-security, money laundering, and retail investor fraud.
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Groups call for expulsion of Exxon and Chevron from anti-corruption group
U.S civil society organizations are demanding that Exxon and Chevron have their membership in the Extractive Industries Transparency Initiative Board revoked for actions that “constitute violations of the Code of Conduct.”
Posted inRegulatory Enforcement
Thirty-six Indicted for $530 million in global cyber-crime losses
A federal indictment charges 36 individuals from around the world for their roles in the Infraud Organization, an Internet-based cybercriminal enterprise engaged in the large-scale acquisition and sale of stolen identities and credit cards.
Posted inUncategorized
Labor Dept. proposal triggers a battle over employee gratuities
In December, the Department of Labor announced a Notice of Proposed Rulemaking to allow tip-pooling. Critics say the change to existing gratuity laws and practices is misguided and the rulemaking process hid away an unfavorable economic analysis.
