- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2023-06-22T21:15:00
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.
As a result, it is perhaps unsurprising 85 percent of respondents said infosec compliance was very important or absolutely essential for their organization, on par with regulatory compliance (83 percent).
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2023-06-28T13:18:00Z By Kyle Brasseur
The Australian Prudential and Regulation Authority will require Medibank Private to hold 250 million Australian dollars (U.S. $166 million) in extra capital until the insurer remediates identified cybersecurity weaknesses after a significant data breach.
2023-06-08T20:06:00Z By Adrianne Appel
About 83 percent of data breaches are perpetrated by external bad actors and not employees, with 70 percent of those breaches linked to organized crime groups with financial motives, according to the latest research.
2023-03-28T19:44:00Z By Aaron Nicodemus
More whistleblowers than ever before filed reports with their employers in 2022, with more than half doing so anonymously, according to the latest hotline benchmark report from NAVEX.
2025-04-30T14:20:00Z By Ian Sherr
The compliance world is filled with numbers, rules and regulations. But the soft skills of management and relationships are critical too, and they can make the difference between making it to higher level leadership or not.
2025-04-30T14:00:00Z By Ian Sherr
As companies increasingly test artificial intelligence throughout their workforce and product lines, early adopters say an important rule is to pick the right AI for the job.
2025-04-30T00:37:00Z By Adrianne Appel
Some compliance teams consider it outside their roles to learn the ins and outs of their businesses, and something to explore when they have time.
Site powered by Webvision Cloud