If there’s anything recent headlines have taught us, it’s that despite compliance’s best efforts to put in place controls, analyze data for anomalies, and train staff on right versus wrong, there will always be employees in position to circumvent the system and capitalize on their own greed.
Exhibit A: The Securities and Exchange Commission last month filed insider trading charges against an Apple executive whose job it was to execute the company’s insider training prevention plan. That’s like catching a crooked teacher giving out the answers to the test after warning the class they’d be kicked out of school if they cheated.
