- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2024-02-14T22:26:00
When organizations move their data or operations to the cloud, the compliance team has their work cut out and then some, experts discussed at Compliance Week’s virtual Cyber Risk & Data Privacy Summit.
The cloud is “so much of a harder area of compliance than anti-bribery or anti-money laundering,” where certain actions are clearly prohibited and wrong, Mike Egan, a partner at law firm Cooley, said during a session at the Feb. 2 event.
In contrast, cloud storage comes with a myriad of privacy, security transparency, governance, and contracting considerations, Egan said.
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Artificial intelligence expert Diana Kelley will discuss what AI means for organizations and explore the technology’s implications for compliance and enterprise risk as part of a keynote address at Compliance Week’s National Conference in Washington, D.C.
Microsoft announced an expansion to its European Union data storage efforts that would allow cloud customers to keep all personal data stored within the EU boundary.
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American Water Works Company, which supplies drinking water and wastewater to 14 million customers, disclosed a breach of its computer networks and system due to a cybersecurity incident.
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