Democratic Sens. Ron Wyden and Sherrod Brown and Rep. Anna Eshoo sent a letter to the Federal Trade Commission urging the agency to investigate Envestnet’s selling practices regarding consumer financial data.
Data Privacy
Posted inEurope
Study expects GDPR fines to rise in 2020
DLA Piper’s latest data breach survey suggests the penalties handed out under the General Data Protection Regulation thus far are not as harsh as they could have been—though that could change in 2020.
Posted inEthics & Culture
NAVEX Global: Top 10 compliance trends for 2020
A recent Webinar, and complementary report, from NAVEX Global offers a look at the top 10 risk and compliance trends for 2020.
Posted inEurope
App firms, adtech industry in firing line over possible GDPR violations
The Norwegian Consumer Council, a consumer rights champion, has uncovered a serious no-no in the world of GDPR: popular apps sharing user data, such as religious beliefs and sexual preferences, to advertising and marketing firms in order to drive their own revenue.
Posted inEurope
British retailer Dixons fined for pre-GDPR breach
The ICO has fined Dixons Carphone for failing to take “basic, commonplace” security measures that would have alerted it to one of the country’s worst cyber-attacks.
Posted inData Privacy
CCPA compliance costs projected to reach $55B
An economic impact assessment of the CCPA forecasts short-term disadvantages for smaller companies and emerging markets around compliance solutions and data-based products.
Posted inEthics & Culture
Ten things we’ll be talking about in 2020
CW Editor in Chief Dave Lefort offers 10 predictions on what will dominate compliance headlines in 2020.
Posted inInternal Controls
Compliance 2020: A timeline
Compliance Week looks back at two decades of scandals, enforcement actions, and regulatory policies (2000-2019) that shaped the compliance function we see today.
Posted inData Privacy
Survey: CCPA still poses compliance nightmare
With the clock ticking toward the Jan. 1 implementation date, Compliance Week and ACA Aponix asked 100 compliance practitioners whether their company would be CCPA compliant by the deadline. Their collective answer? Nope.
Posted inAccounting & Auditing, AML, Anti-Bribery, Data Privacy, Ethics & Culture, Financial Services, Internal Controls, Regulatory Enforcement, Risk Management, Technology
Top ethics and compliance failures of 2019
From antitrust and privacy concerns in the tech world to compliance officer liability in the pharmaceutical industry to unethical practices in the banking and accounting professions, more than a dozen companies made Compliance Week’s list of the biggest compliance fails in 2019.
