Three years in, the promise of the California Consumer Privacy Act as a means of handing down eye-watering penalties against companies for data protection violations remains unfulfilled. And yet, the expanding U.S. data privacy legislation landscape is better for this.
Opinion
Posted inRisk Management
Lessons in cybersecurity: Control the breach narrative
Recent botched data breach responses at Activision Blizzard and GoDaddy prompt timely consideration of communication best practices shared by cybersecurity experts at CW’s virtual Cyber Risk & Data Privacy Summit.
Posted inInternal Controls
Why revamping procurement benefits business—and compliance
In “Profit from the Source,” four Boston Consulting Group thought leaders argue why procurement should be shaping corporate strategy, not just supporting it. Author Daniel Weise tells Compliance Week why such a transformation would elevate compliance, too.
Posted inEthics & Culture
Allianz case questions if DOJ encouraging scapegoating in individual liability push
Is the Department of Justice’s focus on individual accountability in white-collar crime cases encouraging companies to scapegoat their employees? A recent court filing in a $6 billion corporate fraud case could give company officers some sleepless nights.
Posted inAnti-Bribery
Ten things I’d like to see happen in 2023
Expect big developments for the compliance profession in 2022 to continue to take center stage in the year ahead, including CCO certifications, climate-related disclosures, and more.