While big fines against big companies make headlines, Spain and Italy have flown under the radar as two of the most frequent enforcers of the GDPR, instead primarily focusing on smaller penalties. Might other countries follow suit?
Technology
Posted inEthics & Culture
‘Can You Hear Me?’ a guide for making meaningful connections virtually
You might not have thought you needed it, but Nick Morgan’s “Can You Hear Me?” provides some valuable advice for getting the most out of your daily virtual meetings and conversations.
Posted inEthics & Culture
Psychology of compliance: Counteracting bias in technology
Counteracting bias is part of the compliance officer job description, and now more than ever is it important for that duty to extend to new business technologies being implemented.
Posted inInternal Controls
Rushing technology decisions comes with big compliance risks
Embracing technology to help manage risk and improve efficiencies is a trend that’s been developing in the compliance space for a while, but the pandemic has fast-tracked the urgency behind it, according to a couple of recent surveys.
Posted inEthics & Culture
German laptop retailer fined $12.7M under GDPR for employee surveillance
A German data regulator fined an online laptop and electronic goods retailer €10.4 million (U.S. $12.7 million) for video-monitoring employees for at least two years without legal basis.
Posted inInternal Controls
Learning from SolarWinds: Five steps to fortify your cloud supply chain
For most companies, supply chain risk management traditionally focuses on managing physical third-party risks. But what the SolarWinds cyber-attack revealed is the catastrophic havoc fourth and fifth parties can also wreak in the often-ignored cloud supply chain.
Posted inRisk Management
Cyber-security lessons from the SolarWinds hack
The lessons from the massive SolarWinds hack on where vulnerabilities still lurk in the third-party vendor supply chain cannot be grasped soon enough.
Posted inEurope
Twitter GDPR fine too little or just right?
Aaron Nicodemus and Dave Lefort debate whether the Irish Data Protection Commission’s €450,000 (U.S. $547,000) fine against Twitter under the GDPR is an appropriate figure or way too small for the social media company. Who do you agree with? For more Nailed It or Failed It, click here.
Posted inRegulatory Enforcement
FinTech darling Robinhood fined $65M for misleading customers
Mobile trading app provider Robinhood Financial, which has become a disruptive force in the stock market, has agreed to pay $65 million to the SEC to settle charges of misleading customers about how it makes money and for failing to secure best sale prices.
Posted inTechnology
Best practices for customized digital compliance training
Today’s volatile market, coupled with the increasing willingness of subject matter experts to collaborate, changes the game in some areas, where “build” starts to make more sense than “buy.” One area is digital compliance training.
