All articles by Aaron Nicodemus – Page 60
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Regulatory slowdown due to coronavirus makes compliance role critical
The ongoing pandemic is limiting investigations into most types of white-collar crimes as federal enforcement agencies refocus their attention on coronavirus-related matters.
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Coronavirus will raise profile of compliance moving forward
The status of compliance practitioners has grown over the past decade, buoyed by changes in the regulatory space as well as record penalties for transgressions. It will become even more important in the wake of the coronavirus pandemic.
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Lessons from Zoom: Coronavirus exposes videoconference risks
Stay-at-home orders during the coronavirus pandemic have led to explosions of use for popular videoconferencing platforms, some of which have struggled to adjust to new privacy concerns.
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Survey: Lessons from those who weren’t ready for coronavirus
Survey respondents who said their companies weren’t prepared for the coronavirus pandemic said they failed to recognize that the pandemic would morph from a far-away, supply chain disruption issue into a complete business shutdown at home.
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Survey: With ethical dilemmas aplenty, compliance in position to lead
The coronavirus has turned everyday no-brainers into ethical quandaries, which makes it all the more critical for ethics to play the role of conscience for the business.
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Latest Marriott breach exposes 5.2M guests
Marriott International says a breach may have compromised the personal data of 5.2 million customers, the second significant data breach for the hotel chain since 2018.
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Survey: Past crises prepared compliance for coronavirus pandemic
A benchmarking survey from Compliance Week found practitioners weren’t prepared for the specific coronavirus crisis, but that previous crises (think 9/11) left them ready to be leaders during this global pandemic.
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So your company’s CEO has coronavirus. Does the world have to know?
As infections stemming from the coronavirus pandemic continue to mount around the world, publicly traded companies face questions about when and where to disclose that their CEO or other key executives have contracted the virus.
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Coronavirus begins disrupting public companies’ financial reporting
Companies are reporting ways in which the coronavirus pandemic is hurting their bottom lines, as well as steps they are taking to reduce spending as disruptions ripple through their supply chains and rattle their customer bases.
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Conference organizers innovate online as coronavirus cancels live events
While the convention industry is taking a huge financial hit during the coronavirus outbreak, it’s also being forced to innovate.
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For some companies in the age of coronavirus, ethics pays
Despite slow governmental response to the coronavirus outbreak that is grinding the world economy to a halt, several businesses have decided it is worth going above and beyond to help customers and employees.
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As America girds for coronavirus lockdown, China’s experience offers hope
As America nears the dark tunnel of a coronavirus-caused government lockdown, it can learn from the experiences of China, which is about to exit from the other end.
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‘Force majeure’ in spotlight with coronavirus; what’s next?
The coronavirus pandemic has elevated “force majeure”—a rarely-used, relatively obscure contract provision—to a top-of-mind issue for companies scrambling to figure out where gaps are forming in their supply chain.
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Lawsuit: Former iRobot compliance head alleges firing over flagged dealings
The former director of compliance for iRobot—maker of the robot vacuum cleaner Roomba—claims in a federal lawsuit he was fired for pointing out the company’s violations of state, federal, and international law.
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Coronavirus: Tips for risk management
As the coronavirus worldwide pandemic spreads, the ramifications for any business has gone from temporary disruption to a serious impediment. Here are 10 steps your company can take to mitigate its risks.
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Employees working from home to avoid coronavirus? Protect your data
With the coronavirus threat having moved on from disrupting your business’s supply chain to threatening your employees’ health at home, now is the time to implement that company-wide remote workplace plan.
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Wells Fargo CEO says bank’s past behavior ‘deeply disturbing,’ vows change
Wells Fargo CEO Charlie Scharf, who has led the scandal-plagued megabank for four months, was upfront about the bank’s failure to stem abuses in its banking, lending, and auto insurance divisions when he testified at a Congressional hearing Tuesday.
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Coronavirus’ negative effect on global shipping could last weeks, or months
Companies wondering how to handle risks the worldwide coronavirus outbreak will have on global supply chains should look for clues to the Great Recession of 2008-09, the last time so much capacity stood idle.
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Former NCUA ethics officer drank at strip clubs on job, report reveals
The long-serving ethics officer for the National Credit Union Administration retired late last year after admitting to visiting strip clubs and drinking on the job, according to an internal investigation.
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CFPB the latest federal agency to propose whistleblower program
The Consumer Financial Protection Bureau wants Congress to authorize a program that would reward whistleblowers who provide tips leading to successful prosecutions.