Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Keys to a better whistleblower program

Neil Hodge | August 1, 2017

Being tipped off that fraud, bribery, and other corporate malpractices are taking place within parts of the organisation can save companies substantial costs in terms of legal actions and regulatory sanctions. Yet those who deliver that information are often sidelined, dismissed, or hung out to dry over suspicions that they are somehow untrustworthy informants intent on causing trouble.

Whether they raise their concerns internally to the board, internal audit, or compliance, or externally to a hotline, regulator, enforcement agency, or the press, it is fair to say that the job prospects of most whistleblowers become markedly shortened once their identity becomes known, and especially if the issues they are drawing attention to are particularly serious.

A simple internet search will uncover plenty of cases of people who have had their lives ruined for trying to do the right thing. It is partly why the Securities and Exchange Commission offers whistleblowers a...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.