Technology


TPRM2

Drowning in third-party risk? Let us throw you a life jacket

2019-12-06T16:43:00+00:00By

You need help managing your third parties, and over the course of two days in San Francisco, we hope to help you find the answers to the questions that keep TPRM stakeholders up at night.

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Bill to combat robocalls passes House vote

2019-12-05T19:33:00+00:00By

A popular bill intended to crack down on illegal robocalls passed a House vote Wednesday with an overwhelming majority and might soon make its way to President Trump’s desk for final approval.

Roger Wicker

Republicans, Democrats spar over federal privacy bill

2019-12-05T18:14:00+00:00By

Republicans and Democrats have differing opinions on the rights and role of a federal privacy law, but both sides agreed at a Senate Commerce Committee hearing Wednesday the time to act is now.

ClaytonTop

Technology at center of Clayton-moderated discussion at SEC

2019-12-04T21:56:00+00:00By

“Message received,” SEC Chairman Jay Clayton said as panelists at his discussion on global macroeconomic trends emphasized how technology is affecting markets and why regulators must lead rather than follow.

RobotDecisions

ICO draft guidance helps U.K. firms clarify AI choices

2019-12-03T16:34:00+00:00By

The U.K. Information Commissioner’s Office has released guidance that lays out four principles—based on the GDPR—companies must consider when applying AI to their systems.

Excellence in Compliance Awards

Introducing ‘The Excellence in Compliance Awards’

2019-12-02T22:03:00+00:00By

Compliance Week is making some changes to its annual awards for 2020, evolving the “Top Minds” recognition into a full-blown, specifically targeted awards program dubbed “The Excellence in Compliance Awards.”

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Senate Dems propose ‘clear as a bell’ U.S. privacy law

2019-11-27T21:12:00+00:00By

Senate Democrats have proposed a new federal data privacy bill that seeks to empower consumers and support their civil rights in the digital economy.

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e-Book: Special report: Maturing in your compliance technology journey

2019-11-22T11:02:00+00:00

Our second annual special report on compliance and technology addresses the challenges and opportunities posed by the continuing evolution of the compliance function and the advanced tools that both power it and make it infinitely more complex.

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Webcast: Improving efficiency with intelligent compliance

2019-11-21T14:54:00+00:00Provided by

Learn about the skill sets needed for compliance roles to succeed in the future, why security is becoming more important to compliance and supervision infrastructure, and compliance technology developments.

Jamison_index

Guest column: Consumers embrace Big Tech

2019-11-21T14:25:00+00:00By

Mark Jamison of the American Enterprise Institute discusses why breaking up Big Tech would be bad for consumers, startups, and more.

CryptoRisk

Regulators wary of crypto as digital assets go mainstream

2019-11-20T20:57:00+00:00By

Federal agencies struggle to categorize digital coins as currency, securities, commodities, property, or something else—but even as they dither, some big companies strive forward in the digital assets arena.

Femtech

‘Femtech’ wanders into uncharted regulatory territory

2019-11-20T20:57:00+00:00By

Applications that serve women’s health needs could soon be held to a higher standard of accountability for protecting users’ data if they become classified as “covered entities” under HIPAA.

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Six steps for developing an AI ethics framework

2019-11-20T20:56:00+00:00By

Artificial intelligence can undoubtedly improve processes and create efficiencies, but it can also be an enormous risk if it’s not designed with ethics in mind.

AI CWE2019

Regulators need experts in AI, too

2019-11-20T20:56:00+00:00By

Machine learning isn’t something that’s going to happen—it’s already happened. Ali Shah, head of tech policy at the U.K. Information Commissioner’s Office, discusses how artificial intelligence will impact regulators.

DIgitalUnease

U.S. consumers express unease over personal data collection

2019-11-20T14:57:00+00:00By

A recent survey says a majority of Americans don’t trust data privacy policies and procedures, even while U.S. companies are hastening to enhance them in advance of the California Consumer Privacy Act’s implementation.

Privacy War

Privacy warfare: Competitors, consumers pose new risks

2019-11-19T21:38:00+00:00By

With a new wave of privacy laws empowering consumers to police their own data, companies are facing increased risk in areas they might not have considered.

David Lefort

Ireland vs. Big Tech: The wait continues

2019-11-19T21:37:00+00:00By

It’s been 18 months since the General Data Protection Regulation went into effect, and still no violations have come out of Ireland. Is the Emerald Isle dragging its feet? CW Editor in Chief Dave Lefort attempts to answer that question.

GDPR panel

Regulators sympathetic to GDPR growing pains but expect maturity

2019-11-19T21:37:00+00:00By

Officials from a pair of EU data privacy sanctioning bodies stressed importance of data protection officers and good-faith efforts to comply with GDPR.

CCPAUpdate

10 things you need to know about CCPA compliance

2019-11-19T21:37:00+00:00By

It’s go-time for compliance as the clock ticks toward the Jan. 1 effective date of the California Consumer Privacy Act.

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Survey: Compliance struggles to keep pace with mobile, social tech in workplace

2019-11-18T22:11:00+00:00By

A new survey shows the use of personal devices and contemporary communication platforms are par for the course in work settings; yet 45 percent of firms feel they are incessantly behind the eight-ball when it comes to managing electronic message compliance.

SoftwareChoice

Best practices for choosing the right data privacy software

2019-11-18T21:41:00+00:00By

Don’t expect a plug-and-play technology solution to this complex new problem.

ThumbsUp

Data-driven compliance can create business success

2019-11-18T21:41:00+00:00By

Smart uses of data analytics show companies can not only improve their compliance programs with technology, but actually create bottom-line results for their companies as well.

Microsoft

Microsoft updates cloud contract privacy amid EDPS probe

2019-11-18T21:11:00+00:00By

Microsoft has updated the privacy provisions of its commercial cloud contracts amid a European Data Protection Supervisor investigation that revealed “serious concerns” in its preliminary findings.

Tesla

NHTSA probing Tesla for defects that cause battery fires

2019-11-18T16:39:00+00:00By

The National Highway Traffic Safety Administration has launched an investigation into electric-car company Tesla over potential battery defects that allegedly cause its vehicles to suddenly burst into flames.

Cyber locks

Proactive approach needed in today’s cyber-crime environment

2019-11-18T15:23:00+00:00By

An expert sheds light on behavioral science-driven solutions that help businesses prepare for a breach before it happens.

Cyber

Cyber-security glossary

2019-11-18T15:21:00+00:00By

For those unfamiliar with the vernacular involved with cyber-security and the methods by which bad actors attempt to access restricted data, we present this glossary of common terms.

Technology maturity

Special report: Maturing in your technology journey

2019-11-18T15:12:00+00:00By

Results of Compliance Week’s second annual technology survey suggest companies are moving along the technological maturity curve in ways that are both quantitative and qualitative compared to last year.

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White paper: Artificial Intelligence & Human Analysis: A Collaborative Relationship

2019-11-18T05:23:00+00:00Provided by

While many industries have become fixated with the potential of AI – including the field of corporate due diligence – asking if it will replace the human component may be the wrong question.

Blockchain

Internal control best practices for blockchain technology

2019-11-14T17:19:00+00:00By

Those in accounting who want to understand better the inherent risks, threats and vulnerabilities, and internal control best practices associated with the use of blockchain technology now have a first-of-its-kind framework to follow.

California

From sea to shining CCPA: Microsoft to extend privacy law across U.S.

2019-11-13T18:27:00+00:00By

In a blog post this week, Microsoft announced its intention to extend the core rights of the upcoming California Consumer Privacy Act to its customers across the United States.

CCPA

Take our CCPA survey for a chance at a $100 Amazon gift card

2019-11-12T21:50:00+00:00By Compliance Week

How does your company’s preparation for California’s data privacy law compare to that of your peers? Are you where you need to be in terms of understanding the key parts of the regulation? Help benchmark your program by taking part in this survey.

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Mistrust mars Google’s acquisition of Fitbit

2019-11-12T18:30:00+00:00By

Fear and frustration were prevalent among Fitbit owners after its pending acquisition by Google was announced. Given the tech giant’s recent privacy lapses, it’s tough to blame them.

DarkDigitalRoad

DOJ: Big Tech’s data collection creates ‘avenues for abuse’

2019-11-12T17:43:00+00:00By

The Department of Justice’s top antitrust official warns tech giants the government is being “extra vigilant” about sniffing out anticompetitive behavior deriving from mass data collection, mindful of its harmful effects on both users and competitors.

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Webcast: Business process outsourcing for compliance

2019-11-12T11:08:00+00:00Provided by

It started with call centers, human resource management, such as payroll and training, followed by IT and the cloud and now…compliance? Is the compliance department the next function that starts outsourcing its time and labor-intensive processes to a third-party vendor?

Analytics

Case study: How 3M uses predictive analytics

2019-11-11T18:32:00+00:00By

At a recent virtual conference, Michael Duran, chief ethics and compliance officer at 3M, shared in candid detail lessons learned from the company’s journey toward predictive analytics.

IBMBoACloud

IBM, BoA collaborate on financial services-ready public cloud

2019-11-07T15:08:00+00:00By

IBM announced it has designed the world’s first financial services-ready public cloud and is welcoming financial services institutions and their suppliers to join. Bank of America is already on board.

Blockchain

Volvo becomes latest to join Responsible Sourcing Blockchain Network

2019-11-06T17:51:00+00:00By

The Responsible Sourcing Blockchain Network announced its digital supply chain for cobalt has moved beyond pilot phase and is progressing toward use in live production computing environments from spring 2020, just as Volvo joins as its newest member.

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Google facing privacy lawsuit from Australian regulator

2019-10-29T15:30:00+00:00By

Australia’s competition regulator has filed a lawsuit against Google for alleged misrepresentations regarding user data collected in relation to location services on Android devices.

Certent Driving ROI

White paper: The Case for a Comprehensive Equity Compensation Solution White Paper

2019-10-29T10:59:00+00:00Provided by

Compensation structures continue to evolve, with new and added award types, a greater demand to tie pay to performance, more complex accounting, and more time being spent addressing participant questions and issues.

Globe

Key U.S. regulators join global financial network

2019-10-28T15:31:00+00:00By

The SEC, CFTC, FDIC, and OCC have joined a group of 50 financial authorities from around the world that comprise the Global Financial Innovation Network.

Tech Spotlight

Seven takeaways: Privacy, Big Tech in spotlight at ICDPPC

2019-10-24T20:06:00+01:00By

The International Conference of Data Protection and Privacy Commissioners offered varying perspectives on the latest in data privacy and technology from the likes of regulators, experts, and campaigners.

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House Financial Services Committee grills Facebook’s Zuckerberg

2019-10-23T20:42:00+01:00By

Wide-ranging questions target Libra, discriminatory housing ads, lack of diversity at Facebook, and whether Facebook’s CEO actually read the hearing packet the committee sent to him.

Microsoft

Microsoft president: Tech companies must embrace privacy regs

2019-10-23T18:27:00+01:00By

At a recent data privacy event, Microsoft’s president and chief legal officer discussed the evolution of data protection rules and how new technology needs to better align with privacy regulation.

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Facebook antitrust probe expands to 47 AGs

2019-10-22T17:06:00+01:00By

An antitrust investigation into Facebook led by the New York Attorney General’s office widened with the announcement that 47 attorneys general are now taking part.

Cloud

Big Tech, banking policymakers clash over cloud computing

2019-10-18T20:47:00+01:00By

The “move fast and break things” mantra of the tech world rubs up against a more rigid banking industry as the two find their way in the cloud—but is more legislation really necessary?

HangUpGloves

EC uses ‘interim measures’ on Broadcom to curb anticompetitive behavior

2019-10-18T18:31:00+01:00By

The European Commission has ordered Broadcom to cut out harsh contract terms with six TV and modem manufacturers because they may infringe antitrust rules. It’s the first time the agency has imposed “interim measures” in 18 years

DataBridge

NIST provides guidance on how to bridge privacy, cyber-security processes

2019-10-18T16:11:00+01:00By

NIST’s new draft Privacy Framework offers much-needed guidance to help companies align their data privacy and cyber-security risk management practices.

2nd Annual APAC Conference took place in Singapore on 16-17 October

Singapore regulator: Technology creates both challenges, opportunities

2019-10-16T13:22:00+01:00By Compliance Week

The evolution of technology is enabling myriad capabilities for regulatory and financial crime compliance, but it is also presenting complex financial crime risks, according to a representative from the Monetary Authority of Singapore (MAS) at the International Compliance Association’s second Asia Pacific (APAC) conference this week in Singapore.

Sinking ship

Libra springs a leak: Visa, Mastercard, others bail

2019-10-15T14:36:00+01:00By

Visa, Mastercard, and a handful of other companies have followed in the footsteps of PayPal, abandoning the Facebook-led Libra Association amid harsh regulatory criticism surrounding the planned cryptocurrency offering.

BitcoinFlick

SEC Bitwise Bitcoin ETF rejection may signal end to cryptocurrency trades

2019-10-11T19:09:00+01:00By

In a 112-page order, the SEC argued against allowing shares of the Bitwise Bitcoin exchange traded fund to be listed or traded because of the likelihood of financial crime surrounding the cryptocurrency.