- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
When it comes to keeping up with data privacy regulation, organizations would be wise to adopt a more comprehensive technology solution to drive efficiency and minimize human error.
Companies farther along the data privacy maturity curve recognize this wisdom and are more proactive about embracing data management technology in-house.
This anecdotal observation notwithstanding, most companies still hold fast to data compliance policies and procedures that depend on personnel for manual implementation and upkeep, according to a new survey from Compliance Week and information governance software provider Exterro.
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Generative AI has the potential to be as game-changing for business and society as the internet, social media, and mobile phones were. At the moment, however, the risks seem to outweigh the rewards.
With five new or amended state laws set to hit the books in 2023, companies would be wise to ensure their data privacy compliance house is in order—and start preparing for the next wave of legislation.
There are downsides to every new technology, and artificial intelligence and machine learning are no exception. Experts discussed the importance for compliance professionals to understand the risks of such tools at CW’s virtual Cyber Risk & Data Privacy Summit.
Year 5 of our “Inside the Mind of the CCO” survey saw the average salary of responding chief compliance officers and chief ethics and compliance officers decline slightly, while other statistical trends repeated from previous iterations.
Finance executives and general counsel alike say their firms and leadership teams are unprepared for the risks and benefits of artificial intelligence, according to two recent surveys.
Emerging technologies like automation and generative AI are on the radar as difference-makers for businesses serious about keeping pace with increasing regulatory scrutiny toward third-party due diligence and sanctions compliance, a survey conducted by Compliance Week and Certa found.
