Compliance teams are taking more responsibility for issues related to information security (infosec) and data privacy, motivated by increasing threats posed by data breaches and cyber intrusions, according to a new survey from NAVEX.

Nearly a third (30 percent) of respondents in NAVEX’s “2023 State of Risk and Compliance Report” said their firm had suffered a data privacy or cybersecurity breach within the past three years. It was the most common compliance issue reported.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...